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Wednesday, November 28, 2012

5 ways to survive on a student budget

Getting an education is the best way to get a head start in the job market. You could earn $7,200 more per year with a college diploma, or $23,000 more per year with a bachelor's degree, compared to a high school graduate. Find out how to plan and pay for school on the web site, CanLearn.ca/explore.
Going to school is expensive, but government loans and grants can help; combined with a practical budget, getting a degree or diploma can be affordable. Sticking to a budget is possible with a lot of practice and a little creativity. Try out these money-saving tips from real students across Canada:
 Apply for scholarships and bursaries. Studentawards.com, and other web sites, offer many scholarship opportunities. You could get hundreds, or even thousands, of dollars every year to support your education.
 Make your own meals. There are four keys to shopping for cheap food: avoid brand names, buy in bulk, watch for sales, and don't be afraid to clip coupons.
 Walk or bike to get around. It will definitely save you a chunk of change. For longer trips try carpooling or finding a ride-share.
 Look good on a budget. Hairdressing and esthetic schools usually offer free services and discounted rates on practice days. You could also buy a less expensive electric rechargeable razor, instead of throwing away disposables.
 Keep yourself entertained for less. Borrow free DVDs from the library, or go to the theatre on cheap night. Try soaking up some culture at a museum; most offer a discount day or free admission. Every little bit counts.
www.newscanada.com

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