• Great techniques to save money while going back to school.


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Getting Ready For Back-to-School - How Can You Save Money?

Published: August 15, 2018 | Updated: August 17, 2018

As you and your family prepare to head back to school, there are many ways you can save money on the things you need and do. Here are just a few ideas on how to save money when you go back to school:

Create A Budget —And Stick To It

You’ll be better prepared to save money if you know exactly where your money goes each month. So look at where and how you spend all of your money and decide what needs to change so that you will make smart financial decisions every day. You might be surprised to find you spend more than you realized on things like coffee or eating out or those quick impulse buys. Here are some great tips for how to create and follow a budget.

Car Pool

If you drive a car to class, try to connect with a classmate who lives or works near you and also uses their own vehicle. You can take turns driving each other to school. This will save you both gas money, and wear and tear on your vehicle. And check out online programs—where you can learn from the convenience of your own home; no driving required.

Look for Bargains

Whether you’re buying notebooks and art supplies, or a brand-new computer, think before you purchase. There are lots of ways to save money on back-to-school supplies. Instead of going to that big box office supply store, check out dollar stores and online sales. Buy in bulk for items you’ll need all year. And don’t buy items unless you really need them. It’s easy to get caught up in the frenzy of back-to-school shopping. Don’t!

Cut Back On Unnecessary Expenses

Once you go back to school, you will probably be busier than usual. Especially if you also have a job and family, you might not have a lot of free time for activities you once did a lot. For example, could you cut back on your cable or streaming services since you might not be home to binge watch shows? And while you’re not watching, maybe you could be studying to get the grades you really want. Win, win!

Eat Out Less

It’s generally more expensive to eat at restaurants than it is to prepare food at home. Even if you get cheap meals that you think of as quick and easy, it adds up. Same with those coffee runs. You can save money and even eat healthier if you eat at home. You could decide to only eat out on the weekends or for special occasions and cook at home the rest of the time. As a bonus, you can use the leftovers for lunch at school for you and the whole family.

Use Your Student ID for Discounts

From movie theaters to restaurants to public transportation, countless places where you do business will offer student discounts. In most cases, it’s as simple as showing your student ID! The discount may save you a few dimes or dollars, but over time, those savings can add up.

If think you want to go back to school but feel like money could be an issue, contact Charter College to learn about our career-focused programs. Our staff can also help you determine whether you might qualify for financial aid and what kind of payment options could be right for you.