Money-Saving Tips for Students

1
Money-Saving Tips for Students
2

• Your college or university years are exciting,
  full of new experiences and challenges. Living
  away from home for the first time, learning new
  skills and meeting new people are just some of
  the many things you're set to experience, but
  they all come with a price tag. There's no
  doubting it, post-secondary can be expensive, and
  so learning how to budget your money will be key.
• Take a look at some of the proven tips you can
  put into practice as a student this year

3
Minimize Dining Out

• Eating out on a regular basis can add up quickly
  and may not be the healthiest choice. Purchase a
  meal plan if you live in residence, or prepare
  your own meals in your off-campus apartment or
  home. Learn some quick, simple recipes, create a
  meal plan, prep or cook in advance, and freeze
  your leftovers.

4

• Travel with snacks to avoid splurging at vending
  machines or purchasing fast food, and be sure to
  purchase your groceries at actual grocery stores,
  as theyre much more affordable than convenience
  or department stores. You can also find
  affordable, tasty and healthy products at
  discount grocery stores. Of course, there's
  nothing wrong with eating out occasionally, but
  just try to save it for special occasions.

5
Start a Savings Account

• Most banks offer student savings and checking
  accounts. These types of accounts offer many
  advantages, including 1) Lower or zero banking
  fees 2) No minimum balance 3) A lower interest
  rate 4) Direct deposit and automatic transfers to
  savings. Especially if you're going to be working
  part-time while going to school, the automatic
  savings feature is a good way to get into the
  habit of saving more of your money the same
  amount is taken out of your deposited paycheck
  each pay period and moved to your savings account.

6
Use Campus or Apartment Amenities

• On-site amenities were created to be convenient
  and affordable. Of course, the amenities you have
  access to will depend on where you live, but they
  can be a great way to save on added costs, like
  gym memberships. At The Horizon, for instance, we
  provide our residents with access to a fitness
  centre, a games room, study lounges, on-site
  laundry facilities, Wi-Fi, cable, and more.
  Choose to live in some of the best student
  rentals Edmonton has to offer and you will enjoy
  added value at an affordable price!

7
Choose Your Housing Well

• Obviously, where you live can affect the
  affordability of college or university.
  Generally, on-campus housing is considered more
  affordable because there arent any additional
  costs, like utilities, household items, transit,
  etc. However, a furnished off-campus apartment
  can be just as, if not more affordable than
  on-campus housing. At The Horizon,
  fully-furnished suites, a location that's close
  to Grant MacEwan University and Norquest College,
  free Wi-Fi and other conveniences that provide
  students with a clearer idea of what their
  monthly expenses will be, all make it easier to
  create and stick to a budget.

8
Buy Used Textbooks

• Buying new textbooks is one of the most common
  mistakes students make. Its also one of the most
  expensive mistakes. Most textbooks are available
  used or digitally, providing you with cheaper
  alternatives. Bookstores, however, are flooded
  with students at the beginning of each semester,
  many of whom are looking to scoop up the less
  expensive used books, so it's important to start
  your search as early as possible.

9

• College or university is an investment, but
  there are many simple things you can do to
  effectively track your expenses and stick to a
  budget. Looking for an affordable place to live
  for this upcoming school year? Book a tour of The
  Horizon Residence today!