Tuesday, August 29, 2017

Keeping Finances Simple As A Student

simple finance
Keeping your finances in a good condition is a hard thing to do as a student. You’ve got everything to pay for like an adult would, your rent, your utility bills and you’re going to have to go on dreaded shopping trips which you’ll soon realise are very expensive! However, there are a few ways that you can live frugally and keep on top of everything, so read on to find out about the different methods!

Use Online Coupon Sites

We all know how useful coupons can be; when you get a good one, you can save lots of money on a shop, or you can get loads more for your money! As a student, you’re going to be wanting to grab as many of these as you can. But, the problem with them is that you’re only given them normally after you’ve spent a lot of money, so how do you get around this? Online coupon sites like groupon.com have hundreds of different coupons and other types of deals ready for you to use, for free! The only drawback here is that these coupons only last for a limited time, so you’re going to have to keep your eyes wide open to catch the good ones as they won’t last very long!

Keep A Well Stocked Savings Account

This is something that you’re going to need to do before you start, and it will help you hugely in the long run! This relies on you having a part time job, and that’s about it. Savings accounts can be opened with companies like bank of america, and they’re an excellent way of getting money together. They give you an interest rate on what you have in the account which means that you do get a bit of extra cash from them, but the main reason why they are good is that they allow a temptation free way to save your money! You can’t access it through your card unless you transfer the money over to your main account so if you pay into it every month for a while you’re going to forget about the money and be able to use it on a rainy day!

Consolidation Loan

Like the savings account is done before you start studying, a consolidation loan is done after. As a student, you’re going to have a lot of debt on your head by the time you’ve finished your studies; but this is normal. The problem is with paying back this debt is that it goes to different companies which means that it can be hard to keep track of all your payments which is usually where things start to go wrong. However, websites like consolidatestudent.loan offer a loan that can pay back all of your debts in one go, and then you repay that loan in easy, monthly installments so you know exactly how much money you’ve got for the month ahead!

Doing all of these things is going to greatly help your life as a student, you’ll have a bit of money stashed away in a savings account to help you out when you need it, be making the most out of online coupons to reduce the living costs and after it’s all done you can pay it all back through one easy payment per month.

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