College is essentially the transition between dependence and achieving your own independence. As you leave home to join college, you are gradually earning your autonomy. With freedom comes responsibilities. As you transform into an independent person, there are several skills that you need buy essay to acquire, which are essential for moving forward.
Financial acumen is a necessary skill that you need to learn. While in college, you will undoubtedly have different means of expenditure. For instance, you will have bills that you have to foot, places you would like to visit, or people you want to meet. Such necessities will require you to spend money. Hence, getting a firm grip on your finances will be immensely beneficial.
It is for such reasons that most students will pursue a part-time job while still in college. A source of income helps you to sustain your living. It will also instill the relevant financial skills required in both the short and long term.
Learn the discipline of saving is amongst the most vital skills you can acquire while still in college. This puts at a place where you a shrewd manager of your money. You learn how to track your expenses, prioritize your expenses, and save the most out of what you earn.
In this article, we shall look at the various opportunities presented by college amenities to save on costs.
H2: On-Campus Accommodation
Rent is undoubtedly one of the most substantial expenses for most individuals. In fact, it usually takes up a third to a quarter of most people's earnings. Therefore, when you are fortunate to get accommodation on campus, you have somewhat won the lottery. Naturally, hostel or dorm accommodation will be cheaper than renting an apartment out of school. Furthermore, you generally will not have to worry about running costs, such as electricity bills. You can then save up a fraction of this money for future constructive use.
Food and Drinks
In most college cafeterias, the prices on food and drinks usually are subsidized. As much as the quality is probably not the best, you can always rest assured that you are getting value for your money. You are similarly sure you will eat healthy food. Furthermore, you can also be assured of changing the diet once in a while.
You can also take up this opportunity to stock up on drinks. Every single dollar you can save in college will ultimately compound in value. Moreover, you also get to save up on time, which is convenient for any student.
However, it is worth noting that cooking is the most efficient way of cutting food costs.
Social Amenities
When you are in college, you have the luxury of simply using all the amenities on campus at a reasonable few. You don’t have to pay for the gym or swimming club through the nose. At just an affordable semester subscription, you can access all the facilities on campus.
Suffice it to say, campus amenities provide an ideal means to save up while in college and acquire related skills while at it.