“It’s just money. I’ll make more tomorrow!” How many times have you heard someone say this? I hear this all the time and it makes me cringe. Yes it is just money and you will make more tomorrow, but why spend your whole paycheck and be stressed just cause you can. You never know when you will need extra money, have an emergency, or plan a vacation. I promise you if you spend every dollar of every paycheck, you will not be happy in the long run. Here are a few tips on how to save money..
- Create a budget for every thing you absolutely need and must have.. (this does not mean you budget $1100 for the new iPhone coming out)
- Pay ALL bills at the beginning of the month (avoid any late fees for bills)
- Put everything not budgeted in a savings account (this should be at least 20 percent of your income)
It is very hard for college students to save money because most have low paying jobs and high expectations (especially girls). Girls think they have to have a new outfit for every time they go out or to a football game. No body wants to wear the same thing twice. Another thing that college students waste a bunch of money on is bars/alcohol. After a long week you want to go out. Well before you know it you have spent $30-$50. Most people go out more than 1 time a week. Lets just say you go out 1 time a week. (Let’s be real.. you go out more than that). BUT.. $30 a week for 52 weeks is $1,560. It is a win win situation. Save the money and save the sickness. (But thats no fun!!) Have fun but save accordingly.
ashhwakins 