Tips for Living Cheaply as a Student

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Tips for Living Cheaply as a Student
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• Finding ways to live more cheaply will make your
  life as a student much easier. Just knowing that
  you have enough money to survive and to make any
  unexpected expenses will be a weight off your
  shoulders. Then, youll be able to focus on what
  really matters your studies.

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1. Write Down Everything You Spend

• Start by figuring out what you spend at the
  moment. Without changing your habits, write down
  every expenditure for a month. This will show you
  where you could cut back.

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2. Plan Your Budget

• Determine how much you have available each
  month. This will involve adding any income you
  receive to your savings. Then, assign an amount
  to each activity, starting with the essentials.
  Make sure to also designate some money to an
  emergency fund. Next move onto non-essentials and
  finally to fun. You may discover that you have
  allocated a smaller amount of money to
  non-essentials and fun than you are currently
  spending. If this is the case, you need to find
  some ways to cut costs.

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3. Stop Ordering Coffee

• Trips to your local coffee shop are costing you
  far too much. Buy a simple coffee machine along
  with some ground beans and start brewing at home.
  If you are using the coffee shop as a place to
  study, find somewhere free instead, such as your
  school library.

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4. Choose Better Groceries

• You can instantly save money by making smarter
  choices at the grocery store. Purchase more raw
  ingredients to cook, especially vegetables but
  less meat and cheese, as these are expensive.
  Plus, look for items on sale and always avoid
  processed foods.

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5. Take Lunch to School

• If you have classes around lunchtime, come to
  campus prepared by bringing a brown-bag lunch.
  Youll spend much less than buying a meal. Its
  also a great way to use up leftovers from the
  night before.

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6. Buy and Sell Your Textbooks

• Textbooks are a necessity, but an expensive one.
  Save money by purchasing books from other
  students and selling materials once youve
  completed a class. The most effective way of all
  to live cheaply is to find affordable

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• student housing in London, Ontario, where
  students have the option of Foundry First. This
  off-campus Fanshawe housing costs much less than
  living on campus but has all the same benefits.
  For instance, youll be around other students and
  live just a short walk from classes. Better
  still, youll live in luxury with a gym,
  laundry facilities, and lounge all under one roof.