Finance Globe

U.S. financial and economic topics from several finance writers.
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Second Semester Spending: How College Students can Save

Once the holiday break comes to an end, college students all over the country will return to campus and hit the books once again. Not only does this mean more studying for most students, but it also means spending more money.

If money is on your mind and you are concerned about overspending during the second semester of the year, it is time to take a step back to review your budget.

Here are some of the many ways that college students can save money during this time of the year:

1. Buy used books. Most book stores, online and on campus, are stocked with used books. This is particularly true during the second semester, as students who took the courses earlier in the year have traded their books in.

Why buy new when you can buy used and save hundreds of dollars?

2. Don’t overspend on transportation costs. After spending a few weeks at home for the holidays, there is a good chance you won’t feel much like visiting in the near future. By avoiding the number of trips you make home, as well as to other destinations, such as to visit high school friends, you can keep a lot of extra money in your pocket.

3. Keep an eye towards the future. Even during the early weeks of the second semester, you know you are quickly closing in on summer break. The more money you save while in school the more money you will have during the summer months. It may be tough to follow a strict budget while you are in school, but once summer arrives you will be glad that you did.

Don’t be one of those students who shows up at college for the second semester with no idea of how to manage their money. With the tips above, you can save more during these months than you ever thought possible.
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Monday, 19 August 2019

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