- Personal Finance
How Students Can Save Money Online
Students know the burden of university tuition and living bills. The money can go away very quickly. Fortunately, living in the internet age is a huge asset to students, as there are untapped resources of money and ways to save. Below are 10 ways to save money online:
1. Cash Back Programs
While shopping online for just about anything, check cash back programs like E-bates. E-bates offers up to twenty five percent cash back for a multitude of online purchases, as long as the retailer participates in the program. Even Bank of America offers a program like this for credit and debit card holders.
2. Get the Lowest Price on Everything
Shopping online can result in saving a lot of money by doing price comparisons. To compare prices online is as easy as clicking a button instead of driving all over town. There are even websites dedicated to price comparison search engine technology, like Kayak for travel prices.
3. Deal and Coupon Sites
Coupons and discounts are already a great way to save money. There are thousands of websites that offer coupons and deals for just about everything under the sun. Groupon is one such site, that offers amazing coupons to multiple people that choose to participate.
4. Find an Alternative to Everyday Needs
There are monthly expenses like cable that end up being a huge drain on finances. The truth is, for things like cable, people are usually also paying for a WiFi service. The reality is that students can use WiFi to access Netflix, Hulu and other services that would cut out the cable bill completely, because they offer amazing viewing options. There are also ways to use WiFi to cut down on phone bills.
5. Buy In Bulk
As anyone who shops at Costco knows, buying in bulk can end up saving an individual a lot of money. Fortunately, there are internet equivalents of Costco like BulkTix that allow people to buy goods in bulk. These items are often offered at a lower price and they accept many different forms of payment.
6. Get Free Stuff
There's no such thing as a free lunch, except that there is! Strangely, there are freebie websites that offer users stuff completely pro bono. True, most of the stuff is items or services that students do not need. However, some of the offerings may spark an interest or be used for resale.
7. Sell Old Stuff
Making money is the same thing as saving money. Selling old items on Ebay or Amazon that you have no use for is a great way to cash in on garage junk. Also students have tons of books from previous semesters that they are not using anymore. Bookscouter.com is an amazing site where students can cash in on their old textbooks, and sometimes make even hundreds of dollars!
8. Use Budgeting Apps
There are some great smartphone apps that will help you save money. Budgeting apps like Acorn and Mint help keep track of income and bills so that you know exactly where your money is going. Making a budget is a great way to start putting aside some extra money, and it can be done with just a couple of clicks.
9. Try Online Banking
Some banks offer special rewards and perks to people who exclusively bank online. Going paperless is good for the environment and the bank's ethical policies, so they offer great rewards to people who want to sign up for the option. These rewards can come in the form of lower fees, cash rollovers, and other awesome benefits.
As students know, university and even community college can get really expensive. There are hundreds of scholarships online that are undiscovered and unclaimed. There are programs and grants that cater to students and they are all available through an easy search.
There are dozens of ways for students to save online, which is more important than ever. Rising education costs and less available government funding are making education more difficult to obtain. Using these tips will result in many saved dollars and a much brighter future.