Being a college student and trying to travel the world on a tight budget lets you create ways to save money every single way possible. We now live in a world where going online is at our fingertips, so educating yourself has become easier than ever.
1. Save all of your receipts and add up the total you spend each week.
For example, you could save all of your grocery receipts and total it at the end of the week. You might be thinking, “How would that save me money?”
Well, seeing the actual number of how much you spend can be quite eye opening.
When you physically see a number written down instead of adding the total in your head, it’s very much different. I remember the first time I saved my clothing receipts after a month, I was quite surprised.
My heart felt like in sunk in my stomach and I immediately felt guilty as well. After those feelings of guiltiness, I tried to figure out ways to decrease my spending on clothing and it ended up being a great learning experience that was very much necessary.
2. Buy a piggy bank.
A lot of people might think this is silly, but I believe it’s way better than putting coins/cash in a clear container.
The piggy bank allows you to keep your money hidden and you would be less likely to spend the money if it’s hard to get to, and if you can’t physically see it. I would invest in a piggy bank that makes it hard to open and reach the money.
So if possible, stay away from the piggy banks that open up at the bottom and make it easily available to take money. You can buy these at any dollar store for $1 and up.
3. Take advantage of the internet.
Instead of paying to workout at a gym, use Youtube for workouts. You can do various types of workouts ranging from pilates to yoga from Youtube.
There are also tons of free apps to choose from that allow you to try many different workouts. Not only is working out good for your body, but you will also gain confidence from trying out a new activity that could potentially be your new favorite activity to partake in!
4. Don’t shop somewhere just because there is a sale.
Many people get lured into the idea of sales and discount days. Stores are really good at marketing and creating the false idea of a sale being a good day for you to shop, when in reality it’s quite opposite.
Sales make people think they are saving a lot of money, therefore they spend even more money and possibly buy items they don’t need in the first place. I am guilty of this, but I no longer truly care about sale days unless I’m buying a big ticket item.
5. Save receipts and return items if you aren’t using it.
This might sound VERY obvious, but I used to never keep my receipts and always had so many things I would’ve liked to end up returning. You will either get cash back or store credit back, which is good either way.
What are other ways you can save money?