Pursuing higher education is exciting — but as any new student knows, it comes with a price tag. If you’re planning to start university in the fall of 2019 you’ve probably already done some number crunching. But your savings don’t have to be restricted to breaks on tuition through scholarships or bursaries. You can plan on how to reduce your living costs before you even set foot on campus.
Save on Textbooks
You may have heard you can save money if you avoid the campus bookstore. But the number of options to get your class materials may surprise you. As soon as book lists come out, start hunting for the best price. You can rent an online copy, buy a used text, or share with a classmate. Often, your professors are good sources of information about where to get the best money on books. They usually understand new book costs are prohibitive for some students.
Plan Your Future Travel
Your winter break may be months away, but you already know you are going home for the holidays. So why wait to book? Even if a late-breaking exam schedule may put a glitch in your plans, cheap bus fares on advance reservations may be worth the risk. All schools post their full exam period in advance, so you can easily plan a trip for when that period ends — even if it turns out to be some time after your last exam.
Get to Know Your Student Union
Among the perks of being a student are discounts, discounts, discounts. As you’re transitioning to university you might want to check out some of the ways you can save on everything from food to entertainment. Your campus student union should have a list of local businesses that offer breaks to people taking classes. The union typically runs businesses on campus as well that make it easy for you to save.
Student Bank Accounts
There are all sorts of new financial responsibilities with starting school. Your banking life should change as a result. Thankfully, banks are ready to offer low-fee or no-fee accounts to students. This helps you save on monthly costs and to develop a long-term relationship with a financial institution. Not sure where to start? Compare best bank accounts on RateSupermarket.ca.
Student Credit Cards
Part of your new financial game plan may be to get a credit card. Lenders expect that students may have little to no credit history and perhaps modest income. As a result, they tailor credit card offerings to fit this student profile.
A student credit card may come with certain benefits like cash back or rewards. But their real appeal is the potential to build a positive credit history through responsible use of a card with a modest limit. To start reviewing your options, compare student credit cards on RateSupermarket.ca.
Get to Know Your Financial Options
It’s never too early to start planning your financial future. Start today by looking at what lenders have to offer students at RateSupermarket.ca.