Living in your University of Georgia student housing is a great way to prepare for life after college. For example, you are learning to take control of your budget. There are several ways to save money while living in a student apartment, and you can take those methods with you into your next chapter.
Plan Your Budget Carefully
Sit down and plan your monthly budget carefully, accounting for everything from rent payments to groceries. You also need to keep school supplies, household products, and extras such as streaming and takeout in mind. One idea is to follow the 50/30/20 rule. Put 50 percent of your income toward needs, 30 percent toward wants, and 20 percent toward savings.
Utilize Your Full Kitchen
You probably spend a good chunk of your money on takeout, coffee, and vending machines throughout college. Why not make the most of your full kitchen? You can save money and eat healthier by preparing your own meals, snacks, and coffee to enjoy both at home and on campus. The money you save on eating out can be used on groceries, other expenses, or a treat.
Cut Costs Where Possible
There may come a time when you need to cut costs where possible. This does not mean skipping on food or school supplies because those are needs. However, you may need to get rid of the streaming service you rarely use or start shopping at thrift stores. Luckily, thrift stores are full of items in good condition at affordable prices.
When you are ready to relocate to University of Georgia student housing, consider Lark Athens. You can learn more about this student community at larkathens.com.