Frugal Living; 6 Tips As A Students

Saving money is a challenge that some students often face. Living as a student means living independently. Students must be able to manage many things independently, including their finances. As a student, you must manage your finances well so your needs can be met.

Here are Unilife Untold style frugal living tips that you can apply.

1. Differentiate Needs and Wants

Needs and desires are often misunderstood. Needs are anything you need to support your life, education and daily life. Meanwhile, desires don't matter, but you want to have them.

2. Make a record of monthly expenses

By keeping a record of your monthly expenses, you will know where you spend your money and what things require a lot of spending. This can make the inflow and outflow of money more stable.

3. Hang out less

As a student, hanging out in cafes or eating outside the house often happens. However, eating out is usually more expensive. Therefore, it is recommended that students cook themselves (at least rice, so that only side dishes are purchased).

4. Determine the priority of items to be purchased

As a student nowadays, there will definitely be items checked out from the online learning application basket every month. Therefore, so that what they want is still fulfilled, students can determine what shopping priorities they want most so that expenses are manageable.

5. Look for a boarding house that is close to campus

Looking for a boarding house close to campus can minimize expenses for transportation costs; this can help you save more.

6. Participate in lots of activities

The campus often holds activities every week. As a student, it is highly recommended that you get involved in these activities because the activity organizers will usually provide free food, which will allow you to save money on food costs.

So, those are tips for frugal living by students. If you want any tips, please write them in the comments column!