8 Ways to Save Money for Your Dream While Still in College

Going to college is one of those experiences that most people look forward to. It is the time when young people get a chance to become independent as they move from home and live on their own. As much as this is an exciting time, it can also be scary because it comes with many responsibilities. One of those responsibilities is finances since it determines how someone gets through college and starts their adult life. 

While it is important to concentrate on school and deliver the best papers turning to essay writers, planning for the future is vital. Saving money may seem hard at that time, but it’s possible, and it helps approach your dreams after you are done with getting an education. We will look at some practical ways of saving money for plans while in college. 

Save Money for Your Dream While Still in College
Save Money for Your Dream While Still in College Source: https://unsplash.com/photos/NeTPASr-bmQ

Set a Financial Goal

While this may sound complicated, it’s not. It’s just budgeting to make sure every coin is accounted for. There are many apps that can help with that, but using an Excel spreadsheet also works. It can be done monthly when you plan your expenses and decide on the amount to be saved once all the costs are sorted. 

Putting everything on paper or a device allows tracking everything and makes saving much easier. The goals can also be set weekly, monthly, or even yearly, depending on a person’s preference. The most important thing is to ensure that the money meant to be put aside is not spent at the end of each period.

Get a Part-Time Job

Working while in school boosts one’s budget by bringing in extra money to be accumulated for the future. Another advantage is that it teaches people essential problem-solving and communication skills. Many resources can help students get part-time jobs, so it’s just a matter of doing some research.

Live at Home if Possible

A suggestion like this may be frowned upon, but it’s a great way to save money. If the college is close to your neighborhood, then living at home may be the best option to prevent the expenses that come with moving out. Money that would have been used on rent, utility bills, food, and other costs can be accumulated for your dream.

If this option is not for you, living on campus may be a good alternative. More often than not, it is not as expensive as renting an apartment, so it can help save some money. However, off-campus accommodation can sometimes be cheaper than living on campus, so it’s just a matter of comparing available opportunities.

Take Advantage of the Student ID

The student ID is the ultimate coupon as it can get you price deductions for pretty much anything. From movie theaters to coffee shops and frequent discounts on some websites, college members can save a lot of money buying products and services.

Amazon Prime even has a free student trial perfect for ordering used textbooks or taking an occasional trip. So, snatch at a chance and reduce your expenses.

Make Use of the College Library

Libraries are one of the most underused college tools; yet, they are free for students. They have books, scholarly articles, computers, software, and many other resources. Utilizing these free things in college can help save money to fulfill a dream in the future. Besides, having a 5 paragraph essay outline to complete is less stressful when a library has all the needed resources.

The only thing to remember is that working from a library requires pre-planning because the quantities are limited. Knowing the classes ahead of time and going at odd hours are just some of the easy hacks to make the most out of the school library. 

Make Use of the College Library
Make Use of the College Library Source: https://unsplash.com/photos/1emWndlDHs0

Reduce Money Spent on Food

College meal plans can be a good way of preventing unnecessary spending. This can be done by ensuring all the food that is paid for does not go to waste. Snacks offered in the meal plan can be saved for later so that you don’t have to buy something to eat again during the day.

There are times when eating out is inevitable. On such days, splitting the bill with a friend or a roommate allows you to save some money. Cooking is also a great way of minimizing food expenses.

Watch TV Shows Online

Cable TV is expensive, with basic plans going up to $65 per month, which is a lot for college students. For any person trying to save money for the future, getting rid of the cable can increase the amount put aside every month. A great alternative is watching everything online, given that it also guarantees a variety of shows that are not on cable.

Apply for Scholarships and Grants

Most people assume that they cannot get scholarships while in college. This is not true as there are plenty of scholarships one can apply for. Many of them go unclaimed, and some have few entries, so it doesn’t hurt to file an application. If it is approved, a lot of tuition money could be saved and used for a future dream.


As you can see, there are many options for accumulating funds for your special purposes. You just need to set a distinctive financial goal, find a way to receive extra income, and choose cheaper accommodation, products, and services. Remember to take advantage of your student ID and take a chance to win scholarships to get closer to your dream.