How to Save Money in Grocery
When you hang out with people who spend money freely, it’s tempting to
do the same. Resist the urge to keep up with your friends’ and roommates’ spending. They may have more money than you do, or they may be getting
more deeply in debt.
Cosigning a loan for anyone, even your best friend or someone you’re
dating, is a bad idea. You’ll be responsible for paying the loan if your friend fails to make a payment. Although you believe your friend would never leave you holding the bag, it happens every day to people who thought the same thing.
Invoices from your college can rival a hospital bill for complexity and sheer length, and you should check them over just as carefully. You may find items that shouldn’t be charged to you or that are for the wrong amount. Go to the bursar’s office and ask for an explanation of any items you don’t understand or that seem incorrect.
How to Save Money a Lot
Don’t blow your income tax refund. Use it to cover some of your mandatory
expenses (like textbooks), pay off your credit card balance, or start (or add to) your emergency fund. It’s a shame to fritter it away instead of using it in a way that will give you the most bang for your buck.
If you’re having sex, or planning to, protect yourself. Condoms and other
birth control methods are cheap and convenient compared to the cost of raising a child or paying child support for the next eighteen years. Safe-sex organizations on campus or Planned Parenthood often offer
Before you head off to college, have “the talk” with your parents-not the
birds and the bees talk, but the money talk. Discuss your expectations and their expectations related to who is paying for what. You don’t want to spend a bunch of money on the assumption that your parents are going to be providing a certain amount, only to find that they’re not, and you’ve blown your cash on something you could have done without.