Student Loan Savings

Once you get to college or university, you know for a fact that the amount of cash given to you from your student loan really does not do you any good in regards to social purposes. The loan really only covers the boring bits. What you really want the cash for is to have a good time will getting a post secondary education.

I have compiled my top 5 ways that you can save money while in school (and hopefully still have enough savings left over for your student loan).

Top 5 Ways to Save Money in College

1. Your Right Hand.

Or left hand depending on your style. I am not going to mention any specifics here, but I hope you understand what I am refering to. As a man we will generally do what ever it takes, or spend whatever we can to “get what we want” from the opposite sex. My “Right Hand Solution” will allow you to go out to a party and not worry to much about spending all of your money on trying to “get a girl to like you” (wink wink nudge nudge).

2. Don’t Have a Car

Although it is convenient to have a vehicle in your school days, it is also puts a huge dent in the amount of money you can save for your student loan. A cheaper alternative is find a friend that has a car that is willing to drive you around. Be careful though, your friend may start asking for gas money. When this does happen find a new friend.

3. Cheap Dates

I don’t mean “slutty cheap”, although hanging around slutty girls could save you some cash while trying to get girls to come back to your dorm. This however could lead to unwanted medical bills that will more than likely be much more difficult to pay off than your student loans (and even more difficult to share with your parents). By cheap dates I mean take a girl somewhere that is not very expensive like a coffee shop, or a picnic, or a nature hike. Get creative, and think “beauty” and “artsy” when coming up with cheap date ideas- Girls like that.

4. Start a Business

Most people would say get a job, but the problem is you are now at someone else’s mercy in regards to schedule. Getting a job cuts into study time, and more importantly party time. Why not start your own business? Think of any talents you may have that could lend itself to a small business. For example say you have a truck, you could start a hauling business ,or if you are artistic you could design posters for events, if you play an instrument see if a local coffee house will hire you to play, start an online business. There are a ton of possibilities.

5. Learn to Invest

This one is a lot easier than you think. Investing doesn’t have to be hard, and you do not need that much money. If you do start a business you could invest a portion of your earnings in order to have a nice bit of cash tucked away to put on your student loan. I would recommend picking up a book called Rich Dad Poor Dad by Robert Kiyoski. You can usually find a cheap copy at amazon.com.

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