4 Money Saving Tips for College Students


Being a student doesn’t come cheap these days. The average student debt after graduation in America is $28,950! So any way you are able to decrease that amount during your time at college will pay big dividends for your long-term financial health. Here are our 4 best money saving tips for college students to help get you on the path to being debt free today!

  1. Ditch the car if you can

This is our favorite of our money saving tips for college students. Gas, insurance, car payments and maintenance all add up fast. If you can find a way to make a car-free lifestyle work, you’ll be on the path to big savings. Consider taking public transit, walking, biking or hitching a ride to school with a friend.

  1. Check out books from your school library instead of buying

If you find your textbook expenses too high, see if they are available at your school’s library instead. Many have textbooks on reserve, meaning students can’t take them out for extended periods of time. Many textbooks are also available online if you don’t mind reading from a screen.

  1. Make your coffee at home

Coffee is a crucial source of energy to power you through long readings and nights at the library. If you find yourself constantly buying coffee on campus, remember those costs can add up quick. Making your coffee at home can lead to big savings over time. Invest in a quality thermos and you can keep your homemade coffee warm all day for whenever you need it.

  1. Get some roommates

Living alone is expensive. Not only does the rent cost more, but expenses like electricity, internet and even groceries cost more when you do it solo. So if you can, find a group of people to live with to split these costs. The savings will amaze you!

Want to learn more about saving? Here are 4 things you should never pay for.

Google+ Twitter Facebook

Niiwin, LLC, d/b/a Lendgreen (“Lendgreen”), is a wholly owned subsidiary of LDF Holdings, LLC, a wholly owned subsidiary of the Lac du Flambeau Business Development Corporation, a wholly owned and operated economic arm and instrumentality of the Lac du Flambeau Band of Lake Superior Chippewa Indians (“Tribe”), a federally recognized Indian tribe. Lendgreen is organized and in good standing under the laws of the Tribe. Lendgreen is a duly licensed Financial Services Licensee of the Lac du Flambeau Tribal Financial Services Regulatory Authority, an independent regulatory body of the Tribe.

All loan application decisions are made at Lendgreen’s office located at 597 Peace Pipe Road, 2nd Floor, Lac du Flambeau, Wisconsin 54538 on the Tribe’s reservation. If your loan application is approved by Lendgreen, your loan will be governed by Tribal law, applicable federal law, and the terms and conditions of your loan agreement.

This is an expensive form of borrowing. Lendgreen loans are designed to assist you in meeting your short term borrowing needs and are not intended to be a long term financial solution. The Annual Percentage Rate (“APR”) as applied to your loan will range from 720% to 795% depending on your payment schedule, pay frequency, loan term, and the amount of your loan. Late payments and non-payment may result in additional fees and collection activities as described in your loan agreement and as allowed by Tribal and applicable federal law. Lendgreen does not lend to residents of AR, GA, MD, MN, NY, PA, VA, WV, WI or to members of the military or their dependents.

© 2020 Lendgreen.com