| For most of us college days are memorable | | | | 5. Try to look for part time job. You have to |
| years of our life. Apart from fun , college life also | | | | strike a balance between academics and your job. |
| make us realize the true meaning of responsibility- | | | | Also you can turn your hobbies into money |
| the responsibility of managing ourselves, our lives | | | | earning source. For e.g. If you love to make |
| and most important ‘our finances’. | | | | sculptures, then you can also sell them by holding |
| The academic fees, living style etc. requires a lot | | | | an exhibition. This way you may earn an extra |
| of money to be incurred on our part. Thus we | | | | buck which you may use for academic purposes. |
| should take utmost care in handling our finances | | | | 6. Try to save some part of your income for |
| more judiciously. | | | | rainy days. |
| Here are some money management tips to be | | | | 7. Try to submit your books in library, your |
| followed in college days: | | | | academic fees etc. on time. Otherwise it may lead |
| 1. Try to build up a cordial relationship with your | | | | to unnecessary fine to be born by you. Make |
| seniors. This will help you to save money on | | | | yourself organized and get rid of these things. |
| many things. For e.g. You can get the rooms on | | | | 8. Avail student discount benefits wherever |
| less rent. | | | | possible. Most of the stores give certain amount |
| 2. Share expenses incurred on house rent, food, | | | | of discount on shopping. You can also avail these |
| shopping etc. with your friends. This will certainly | | | | benefits while traveling. All you have to do is keep |
| help you and your friends to save some extra | | | | your student ID card with you to avail these |
| money. | | | | benefits. |
| 3. Do not follow your peers and involve yourself | | | | 9. Try to involve yourself into financial discussion |
| into spendthrift habits pertaining to change in living | | | | with your friends. Discuss your financial condition |
| style, buying designer clothes, vehicles etc. You | | | | and find out a rational solution to overcome the |
| may save money by buying second hand vehicles. | | | | situation. |
| Think twice that ‘whether a particular thing is | | | | 10. Use your credit card more wisely. Take care |
| necessary for you or not’, and then you | | | | of your ATM cards and other valuable financial |
| should use your money wisely. | | | | information for your own safety. |
| 4. Do not adhere to an unlimited meal plan when | | | | The children should enjoy their college days to the |
| you can do with the limited one. Take the | | | | fullest while keeping in mind the money |
| unlimited one if you feel that the current meal | | | | management. They may apply the above money |
| plan is inadequate. Also if you have taken the | | | | management tips for living a debt free life during |
| unlimited plan then do not spend money in eating | | | | their college days. |
| elsewhere. | | | | |