Money saving is such an important activity, which is performed by everyone in this world. Whether it is men or women, children or old people, everyone is busy saving their Money. And if you are a student & especially live away from home at a hostel or PG. Then, money saving must be a very important task for you. Because there are only a few percent of students who do part-time jobs along with their studies. So that they can easily manage their expense. But most of the students’ monthly expense depends on a fixed amount. Which they get from their home, which in the simple world we called it as pocket money. But many times, there comes a situation when students are not able to fulfill their expenses through their monthly pocket money. So if you are also a student and facing a similar type of money-saving every month, I suggest you check out Money6x.com save money.
Making a budget
Making a Budget is a very important & basic factor in money-saving activity. No matter whether you are a housewife, office employee, or a student, if you want to save money, then you have to make a budget. There are various categories of budget, like Monthly budget, Weekly budget, Daily budget, etc. its up to you & on you requirement which type of budget category you want to follow. As a student, you get two important benefits by making a budget. The first benefit is that you get the track record of all your spending. You get to know which things you are spending your pocket money on. Moreover, you get a track record of your expenses along with your spending, which is your second important benefit from the budget. You get to know about the unwanted expenses that you don’t require and which you can STOP and SAVE your money easily. So always make a Budget !!!
Reduce outgoings and parties
Many students have a habit of hanging out with friends on weekends. And go to an expensive restaurant to have dinner, See..you should have fun in your life & especially you should fully enjoy your college life. because these friends and moments you will never get back in life again. So if once a month, if you hang out with your friends on the weekend. And have food & dinner in an expensive restaurant, then it’s good for you. But if you do this activity every week, then it is extremely bad for you. Because if you carefully observe, then you will come to know that. The amount of money you spend on this expensive restaurant food & parties every week, in the same amount of money you can cook whole month various dishes at your room. or you can have lots of food in same amount at normal price restaurant or you can have lots of food in same amount at normal price restaurant. So instead of weekly, try to spend money on once in a month parties and outings. so that you can easily save those extra expenses.
Spend less money on outside food
uff..I am feeling hungry…let’s have a Vada Pav, Dude…feeling very hungry..let’s order a Burger, Dude…I am feeling very hungry. Let’s order a Pizza. Well.. these are the food options which students prefer for their unquenched thirst. Normally, when students feel hungry, especially during the evening, they prefer to eat outside, fast junk food. Now, if you are a student and you eat outside junk food, then it is causing you 2 big side effects. daily, at least you spend $ 25 on junk food, which is making you spend $ 750/Month. Moreover…eating outside junk food everyday will make you gain access weight, which is not good for your health. So instead of eating outside junk food, its better for you to eat fruits or have a juice or keep some light evening snack type item at your room for evening unwanted hunger. Compare to junk food, this will be cheaper for you & will easily fulfill your temporary hunger and you will be easily able to do monthly saving through your pocket money.
Use public transport
Papa..I face problem while travelling to college..please buy me a bike or scooter, this is a common reason which every student give to their parents to buy a bike or scooter and surprisingly, many parents buy a bike or scooter for their children during college time only. now no doubt getting a bike will make your travelling easy, but it will directly impact your pocket money. As well all know that petrol & fuel prices get raised every month and that’s why many times our pocket money is spend so much on refueling. That then we are not able to save, anything from it so it will be better for you to alternately use your private, vehicles and try to travel from Public Transport as much as. you can this will help you to reduce your extra expenses on petrol refueling and will be able to do easily monthly saving from your pocket money.
Cut out your bad habita
if you do daily smoking and also do weekly drinking then forget about saving money. You will felt short of pocket money to fulfill your expenses and then you might have to borrow money from your friend to fulfill all your daily expenses. Smoking & Drinking are such habit on which you spend $.500 every week, that means every month you are spending 2000 to 3000 on such things which is just making your loss and nothing else then. You only think how you will do monthly saving from your pocket money so if. You want to do monthly savings from your pocket money then you have to stop all your BAD HABITS and have to replace it with GOOD HABITS, so that you can stop that unwanted extra expenses & can do easily monthly savings.
Avoid brands until completion of education
whether “STUDENT OF THE YEAR 2” movie was a HIT or FLOP that I don’t know, but one thing I surely knows that in such types of movies a lots of promotion are done of branded & expensive dress and costumes and reality is that there are many students in real life also who only prefer to wear expensive and branded cloths while going to college. See…its important to look good while going to college and office but its not necessary that you will look good in branded cloths only if you know about grooming & also have color combination sense then you can also look good and handsome in normal cloths also. In simple words…if you want to do little bit savings every month then try to avoid expensive branded cloths atleas till the completion of your studies.
