4 Ways Incoming College Freshman Can Save Money


Are you getting ready to go away to college for the first time? Going to college is usually the first time you’ll live on your own and be responsible for the majority of your own decisions. I remember the feeling and one of the things I was most excited about was getting to buy whatever I wanted at the grocery store. I’m pretty sure my first grocery store trip took 3 times longer than it needed to because I wanted to go up and down every aisle to pick out all of my favorite foods.

Alas, a lot of that food actually went to waste because I wasn’t used to shopping for one person. I was used to seeing the quantity my mom would buy for the 4 of us. Another factor that contributed to my food going to waste was that I lived in the dorm and ate 80% of my meals in the cafeteria. The other 20% of the time was split between eating my groceries and going out to eat with friends or my boyfriend.

I made a lot of financial mistakes my first year of college and I know I would be a lot better off today (financially) if I hadn’t started digging myself a hole from day 1 of living on my own up until I graduated from college 3 years later.

Here are 4 ways that incoming college freshman can save money and avoid the money mistakes I made.

Compare Housing Options and Costs

I lived in a suite-style dorm my freshman year of college. We had our own bathroom and it cost about $600 extra/semester (I think) vs. traditional dorm living. Another down-side of suite-style living is that you have to clean your own bathroom. If you live in a traditional style dorm there is usually a paid cleaning person that takes care of the common room, bathrooms, and hallways.

Living in a suite-style dorm room cost about $700/month during the school year with a full meal plan. That’s quite a bit considering you are basically sharing a 1 bedroom apartment with 2-3 other students.

Off-campus living can be quite a bit cheaper if you go about it in the right way, but the dorm is often a good starting point if you’ve never lived on your own before.

Avoid the Campus Book Store

Nearly everyone knows that you should buy your textbooks used whenever possible, but did you know you should also avoid the campus book store at all costs? After enrolling for each semester I sent an email to my teachers to find out if there would be a required text and what it was so I could order it from Amazon and give it plenty of time to arrive before the class started. This saved me a TON of money over the course of my college education. I also made sure to re-sell my books on Amazon at the end of the semester too.

Live Like a “Broke College Kid”

It’s okay to be a “broke college kid”. In fact, nearly all college kids are broke. It’s not smart to try and live like anything other than a broke college kid when that’s what you are. You don’t need a flashy car, fancy clothes, or a designer handbag. You need a decent and safe place to live, and good food to eat. Make sure you prioritize properly and don’t be afraid to embrace the “broke college kid” stereo-type.

Go to Lots of Campus Events

On that note, you should attend as many campus events as you can while you are a student. Campus events provide free (or super cheap) entertainment and usually some free food too. Again, take advantage of the broke college kid stereo-type and you might actually save some money.

College is one the most exciting times in your life and you should definitely enjoy it while you are there, but that doesn’t mean you have to spend a lot of money to do so.

How did you save money during college, or were you spendy?

*Part of Financially Savvy Saturdays on brokeGIRLrich, A Disease Called Debt and Shoeaholic No More*

Photo courtesy of: Drew Coffman

3 Ways Single Women Save More Money


I absolutely love being single. At least 99% of the time. But every once in a great while I find myself acting with great jealousy toward some of my non-single friends who seem to be reaping extra financial benefits that I don’t have just because they are married.

For instance, many of my married friends and peers are able to stay-at-home full-time or work only part-time to supplement their husband’s income. They have time to cook elaborate meals, watch daytime T.V., and practice non-income producing hobbies rather than spending all their time working or side-hustling. (Or so it seems in my head.)

In reality, I’m sure these scenarios are fewer and further between than I imagine. But still, there does seem to be some serious financial benefits of being married vs. being single. Because I don’t plan to cross over to the dark married side anytime soon, I’ve decided I have to embrace my singleness and use it save money as often as I can.

Find out 3 ways single women save more money at High Heels, High Yields!

Photo courtesy of: Chris Potter