Posted on October 24th, 2010 in
Reference
Top 10 Ways to Save Money in College – From CheapOh! Newsletter Vol. I Art. 1
10. Be responsible with Student Credit Cards and Loans
With the economy as bad as it is, credit card companies are not making as much money on interest due to the fact that people just will not pay it, nor have the money to. The same companies are the one’s that have raised student loans up to a record high 35% in annual interest. Be careful not to over-due it and make your payments on time if credit is needed.
9. Save Your Change
Everyday, after you purchase anything, you should save your change in a coffee can or something similar. Each month, take your change to the bank to get an exact return on it. Don’t use CoinStar, etc. as they take out up to 8.9 cents per dollar. This is a great way to have some extra cash at the end of each month.
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