Being a student is stressful on your schedule, yes, but it can also be stressful on your bank account. The more time you spend in classes and studying means less time working. Which means less money. This temporary sacrifice is just that, however. Temporary. With your career training you will be more prepared to enter the workplace and earn a living wage to support yourself and your family.
But what do you do in the meantime?
Here are some helpful tips for pinching pennies from around the interwebs.
How much money do you spend on TV and cable services? There are more and more options every day for watching your favorite shows for a lot less money. Watch out for introductory pricing through cable companies and satellite providers. The initial cost could be minimal, but 6 months down the road your bill has grown without you even realizing it. What are some of your other options? This blog post can help you out. I recommend the Roku, too!
Textbooks can be really expensive. Have you considered sharing books with other students? Ask a student who has gone through the course before you to lend you her books. Also keep in mind the sellback value of your books as well. Companies like Amazon.com and BIGWORDS.com will often offer cash or store credit for used textbooks. Check them out!
Food and Gas:
Of course there are tons of ways to save money on the two great necessities of life: food and gas. Find 13 great ideas here, an article from CBS News. The first and most obvious move would be to combine the two, and choose a supermarket where you earn reward points that can be put towards your gas bill. Also: make sure you are clipping coupons when you can. It can be an added hassle, but if you save even $10 a week on groceries, that's $40 you have to spend somewhere else. Also, make sure you're not eating out every day. That will cause problems in your wallet as well as in your digestive track. Skip the fast food and make yourself an egg sandwich in your kitchen in the morning instead.
If childcare is an issue, try to team up with other parents and family members to trade babysitting duties. If a friend has a different schedule than you do, offer to watch each other's children and save money on a babysitter. Mildred Elley offers day, evening and weekend programs designed to allow you to cater your schedule to your family's needs. Whatever you do with childcare accommodation, though, make sure you have a back up plan, and a back up to your back up!
Anyone else have tips on saving money while working on your new career?