How to Save Money for Summer Travel While You’re in College

With hours spent going to class, taking notes, and studying for quizzes and tests, you put a lot of work into college. You’d love to reward yourself with a great summer trip, but you’re not exactly rolling in dough. Don’t worry. A few money-saving tips can help make student travel possible at the end of a long school year.

Get a Part-time Job

If you don’t already have one, get a part-time job. To find work on campus, stop in to your college career center or check job boards around school. For more part-time opportunities, visit local retail stores and restaurants to inquire about jobs, or set your own hours by becoming an Uber driver or a tutor.

Create a Budget

One of the best ways to save money in college is by creating a budget. Make a list of all your monthly expenses like rent, groceries, utilities, clothing, cell phone, and entertainment. Next, add up your monthly income, which might include your job wages, money from your parents, and financial aid like grants, student loans, and scholarships. Subtract your expenses from your income to determine how much you have left at the end of the month, and make a plan to save a designated amount.

Live at Home

If you have the opportunity, you can save thousands of dollars while you’re in college by living at home. By staying with your parents, you save on expenses like rent, a campus meal plan, utilities, and laundry services. Show your appreciation by paying a modest amount for rent or chipping in for groceries and helping out around the house.

Save Money on Food

Food costs can make a big dent in your monthly budget if you eat out a lot. Save money by planning the meals you’re going to cook for the week and shopping in advance. For the most success, make a grocery list and stick to it. Here’s a few more tips:

  • Instead of eating fast food, pack your own lunches.
  • Skip your daily latte or cappuccino and make your own coffee.
  • Have friends over for potluck dinners instead of going to restaurants.

Pay in Cash

Paying for items or services with cash instead of credit cards gives you a sense of self-control and turns you into a more thoughtful shopper, which often translates to less money spent. What’s more, when you use cash, you don’t rack up credit card interest, and leftover coins can go straight into a summer trip savings jar.

When you’re in college, it’s easier to work hard during the year if you have a fun summer trip in the works. Unfortunately, a lack of funds can squelch your travel plans. Save money for a great getaway and essential travel accessories with these handy tips. Return home to a comfy apartment furnished with pieces offered especially for college students by CORT Furniture Rental.

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