Money has earned its place at the top of the human requirements. Hostel life teaches a great deal about money management as it not only helps student to manage their expenses but also teaches them the value of money.
Some students learn the managing process the hard way, when they realize they are left with no money by the 3rd week of the month. So here are few tips in order to manage your money better :
1. Take a daily note of your expenditure. It helps you to keep track of your money.
2. If you have opted for hostel mess, make sure you eat there at least for 5-6 days a week. It goes a long way in saving the money which we generally spend in eating outside.
3. In this modern technological world, there are numerous options through which people can earn money by doing things they are good at, what that may be. So look for opportunities like graphic designing, anchoring, etc which can earn you a couple of extra bucks.
4. Say no to any form of addiction. It has often been seen that students after reaching college indulge themselves in various forms of addictions like smoking,drugs, etc. and shell out a lot of money for it. So if you stay free from such addictions, you surely can save a lot more money and use it to have your favorite food or take a trip.
