5 Ways to Save More Money in 100Level

The ecstasy of starting a new phase can be nothing short of immense excitement. With zero idea on how things work in the school environment, you probably may be lured to an uncoordinated lifestyle. Of course, if care isn’t taken, you might bite more than you can chew.

From paying of tuition fee to paying departmental dues. Other miscellaneous are involved. School events, departmental events, social events, and accommodation struggles could attract demands, which could cost your racks of dollars.

However, you can soar above this temptation and save more while you’re in your first year in the university. A major benefit is that you don’t feel wasted.

Probably because you see people capitalize on your ignorance and naivety right before you to loot you. Indeed, you wouldn’t want to be victimized. So, check out our tips below:

1. Don’t be in a Haste

Being so eager as a young lad could make one so vulnerable. Of course, sighting new schedules, meeting new friends, etc. could be exhilarating but this could also be an avenue to become wasteful also. How? Because you won’t get enough at every go you launch out for, actually.

Instead, you’re to become frivolous at every glittering enticements coming your way in the first year. Moreover, you can as well follow some of the events up by asking attendees the inferences of everything held. And, while doing this, you can filter those ones that seem promising from the non-essentials.

2.Stay Disciplined

The ultimate purpose to spend and expend your time for is learning. Course units are high at this stage in most universities. And, letting this slip off you could ruin your entire time on campus. Therefore, it’s expedient you invest in yourself. Go to tutorials if you aren’t getting enough resources on the YouTube.

There are booklets you can buy or get, which would aid you immensely. So, while saving, you’re to ensure that the purpose of your existence in school isn’t overshadowed with vague purposes.

Many at times, you can team up with A-class students in your department or faculty. And, you might need some money to take them out or show love towards them.

3. Have a Student Account

A student account is a subsidiary banking service that corporate and retail banks offer. The aim is to aid students to save for their education. Many banks don’t put age restrictions to this.

However, the amount it can disburse and accept varies depending on the bank’s policies. Indeed, that’s why it’s required for prospective youngsters to carry out proper researches before opening a student account.

Also, there are dividends you receive provided the money is quite enormous and it’s saved with the bank for a long period. It accrues dividends as time passes by eventually.

4. Ask Questions

As long as you’re new to a place or a piece of information, you’re to inquire on everything that comes your way. Find out from others before running a rhetorical question in your mind with the aim of digesting your introspections. Here are the 5 prominent questions you’re to ask before spending on anything:

• Can I do without this for now? Better still, is there a cheaper alternative to the offer presented to me at the moment?
• How would this action boost my motivation as a patriotic student or would this lead me astray?
• Would peering with a colleague aid me to save more or ruin me at the end?
• Does this opportunity reoccur concurrently or never would I be able to be this close?
• What’s the durability of this opportunity to my pursuit?

 

5. Have Extras

Regardless of the urgency and pressure, always have a leftover in your bank account. Never spend all at once! Set a goal every month before receiving your stipends.

Make a wise decision before launching out. Never follow the bandwagon. Instead, put your discretions to work. As well, you can use account monitoring apps to cut your expenses.

Also, you might need to cut off excesses and make sacrifices for the time being so that you can save better than you were.