Off To College? Tips On How To Conserve Your Cash

One of my recent Madame Noire features

My last day of high school will forever be embedded in my memory. One of the most down to earth and relatable teachers that I’d ever met went by the name of Duke Foti. On this particular day, Mr. Foti came from behind his desk and leaned on it, folded his arms across his chest, gazed at us with a half smile in like-Mr.Foti manner, and cleared his throat. “In a few months you’ll all be college freshmens. Congratulations, you’ve all just signed yourselves up for at least four years of poverty”. Of course he went on and on about why a college degree was absolutely necessary, but not before warning us about what we had just gotten ourselves into. That was Mr. Foti, straight and to the point.

I wasn’t on campus too long before I realized exactly what Mr. Foti was referring to. Ridiculously priced textbooks, sky-high tuition fees, and the laundry list of  living necessities that accumulate while living on a college campus are all culprits in making one’s college experience feel like a penny-pinching venture. As a recent college grad, having observed my own spending habits as well as those around me, I’ve realized that one of the biggest financial downfalls of college students is poor money management. Check out these helpful tips that may assist you in effectively managing your money during your time as a college student.

Rent your textbooks

Ugh, there’s nothing more annoying than having to buy a $200.oo textbook for a three month class then going to sell it back to your school bookstore at the end of the semester and they offer you $25.00 for it. Many campus bookstores now offer students the option to rent their textbooks as opposed to buying them. This can help cut textbook costs in half and sometimes even more. I’ve have my textbook bill go from $700.00 to $350.00 by simply choosing to rent the books instead of purchasing them. If your campus bookstore does not offer the option to rent, try checking out the new textbook rental service recently introduced by or my personal favorite, which has been my saving grace since I began graduate school. They swiftly deliver your rental textbooks and offer you the free online version of the textbooks you’ve ordered until you books arrive. They also make returning your books at the end of the semester extremely simple and easy. Even their extension fees are very reasonable.

Read the full story on Madame Noire


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