Guide to Finance

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Video on How To Save Money

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How To Save Money
Tom Tessin
Everybody in this world loves money and you probably want as much of it as possible. The thing that most college students struggle with is how to save money correctly. There are so many easy ways to save money in this world that some students just completely overlook it. The purpose of this article is to show you how you can start saving your money today even if you don't make a lot of it.
Keep yourself busy the cheap way
The more involved you're with school activities and work, you'll find that you don't have time to spend your money. Even if this sounds boring, make sure that you find hobbies that don't cost a lot. A lot of the times you'll find that most school clubs and activities don't cost anything at all! If you're currently the type that likes to party, eat out, and do everything else under the sun everyday, you're going to have to change your habits before you start saving up all of the cash.
Hobbies equal cash
Sit down for a second and think of the things you love. I guarantee that you can turn any hobby you like into a money making project. If you love to bowl and you're good at it, you could possibly offer bowling lessons to fellow students or others for a fee. In order to save money, you're going to want to make money and if you're making money doing the things you love, it's going to be a win-win situation.
Check out your wallet
Open up your wallet or purse and check it out closely. The cards you're carrying such as an AAA card or a student ID card, you'll find that a lot of places offer discounts with these type of cards. For example, a local movie theater in your neighborhood may offer a student discount on tickets. Even if this discount is two dollars, you're still saving money!
Compare before you shop
Instead of going out and buying that new xbox game, make sure that you've looked at a bunch of other stores before you go out and shop. The Internet is a great tool to check out other stores prices. You'll usually be able to get prices, if it's stock, and you can even buy it and pick it up in the store if you'd like. Not only will you save on gas from going store to store, you're going to save yourself some time and energy.
Saving money isn't that hard. It's going to require some dedication and motivation. If you just set a little aside each month, it will add up quicker than you think. Be sure that you look into money market accounts and CDs. This will give you a bigger return on your money. Remember, it's yourself that chooses your own saving fate.
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