As a college student, you’re already well aware that affording an education can be expensive, that’s why it’s important to save money. Saving money doesn’t just mean keeping your extra money in a savings account and having it sit there, but it means proactively finding new ways to spend less!
Here are a few tips to save money while living on campus at UT Arlington
1: Avoid that daily Starbucks Frappaccino or Caramel Macchiato. Instead, make coffee and flavor it at home, or buy a less expensive coffee from the POD in the University Center.
2: Instead of buying new textbooks, try and find them used at the UT Arlington Bookstore , or borrow them from a friend. Don’t forget about E-Books as they are also a viable option as they are often times more affordable than a used copy of a textbook, however because they are a digital copy there isn’t anything you can sell back at the end of the semester.
3: Attend On Campus University Events! You pay for them as part of your tuition, you might as well attend them. UT Arlington puts on many events throughout each semester. When you live in one of UT Arlington’s residence halls or apartment you have access to the events and programs that your Resident Assistant’s put on . Attending these allows you to save money and most importantly to have fun.
4: Use the UTA Shuttle Service, carpool or ride a bicycle. UT Arlington’s shuttle service will allow you to get from one end of campus to the other without having to walk in the heat or drive your car, carpooling will allow you to have fun with friends while saving gas money and riding a bicycle will help keep you fit and healthy while getting to a destination quicker. UT Arlington even has a student-ran bicycle shop on campus.
Now that you know a few money-saving tips, here’s my experience:
I had to learn how to budget and manage my money as a student who had to transition from living in a residence hall, to moving into an apartment independently. One of the ways you can help better manage your monthly funds is to set your due dates for your monthly-recurring bills to the time of the month that you get paid, that way your bills are taken care of and whatever is left is yours for the month. I really like that I can pay my bills on MyMav and can see exactly what’s owed. If you know how much you receive each month and you know how much you must pay each month then you should know your spending allowance. Learning how to budget money is one of the best skills you can have as a young adult. If you have questions about managing your money you can visit the Student Money Management Center