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Savings Tips for College Students

Home Blog Savings Tips for College Students


Exciting adventures wait for you while away at college. However, your spending habits may put a damper on the fun. Don’t become one of those students who falls into a deep hole of debt. Stay afloat with some of these simple tips you can implement today!

Avoid Late Fees

Late fees sneak up and build in a hurry. Be sure to utilize apps that will remind you when bills are due and cancel anything unnecessary such as cable or gym memberships.

Limit Eating Out

Going out with friends every Thursday, Friday and Saturday is fun for you, but not your wallet. Limit yourself to two or three times a month. Find some friends to stay in and cook with you – everyone is always up for saving cash!

Establish Good Credit

In college, it can be very easy to slide downhill into bad credit. Work at paying off loans on time and establish some savings. This will help you stay on top of your finances, allowing you to have the credit needed to make large purchases, like a car or a home, once you graduate.

Bike It

No need for an expensive new car while working on your education. Continue saving your money instead and buy a bike. It will get you where you need to go – and cost you nothing! Plus, you get a nice workout as you get from place to place.

Search for Student Discounts

With a school ID, students can get some pretty sweet deals. Before you go out, know where to go and who offers cheaper products and prices for students. Do some research and reap the savings.

Split Grocery Costs

Your roomie wants to save as much as you do. Split your grocery bill when shopping together. You can focus on making casseroles, soups and crock pot meals that will leave you with leftovers for work or in between classes the next day!

Check Out Campus Events

Instead of spending more money off campus, try looking into what your school is already doing. Many schools offer students free tickets to certain events – and they’re worth going to! Grab a few buddies and see what your campus has to offer.

Open a Savings Account

Savings accounts earn interest, so why wouldn’t you want to open one? Work on your financial finesse by letting us help you save your hard-earned money.

These tips are great for college students looking to improve their finances. If you’re looking for a little more direction, let us help. We’re just an email or phone call away!


Exchange Bank of Northeast Missouri

Member FDIC

Equal Housing Lender