No matter what age you are, going back to school can be a costly experience. Students debt is climbing and can put a young adult into financial ruins quickly. This is especially true with college. Being aware and cutting corners as a student can really make a difference in the final sum of your debt. One aspect to focus on is eating. Being smart about food expenses can also help you manage and control your finances overall.
If you are overwhelmed with debt and are finding it difficult to make ends meet personal bankruptcy may be an option.
In addition to buying used textbooks whenever possible, there are ways to save money with eating. You might have meal plan, but that’s not always an option when you’re studying and hungry at 2am. Here are a few things to keep in mind.
A college schedule can be intense. If you don’t plan ahead you may find that you’re spending more money when you’re hungry. This adds up quickly. Not only that but you may not be eating very healthy. A candy bar here and there won’t hold you for long and could leave you feeling even more hungry. Fast food costs quickly add up.
Purchasing an inexpensive coffee maker can save quite a bit of money. You can easily make coffee in your space and take some for the day in your thermos. Buying coffee from a local coffee shop on a daily basis is expensive. You can also use you maker for hot water. This is great for tea. This beverage seems to be a good one no matter its temperature, so as it cools, it’s still pleasant. In addition to beverages you can make some meals such as oatmeal. Adding dried fruit to this can add nutrients as well as taste. You can also use packaged soups. Put any of these in another thermos and you’ve got a meal on the go.
If you can add a mini frig and microwave to your area you can prepare all sorts of foods. The refrigerator can enable you to have salads on hand. Add sesame and pumpkin seeds or nuts for added protein. Keep in mind that spinach is a great healthy substitute for lettuce. Use it on sandwiches too. Store small bags of frozen veggies. They’ll be thawed and ready to use. Money spent on a fridge or microwave, if put to good use can save you money in the long run.
Whenever you do get to shop, don’t go hungry and always have a list that you stick to. Otherwise, you will find yourself buying items you didn’t intend to, which means spending money you also didn’t intend on. Don’t forget about peanut butter. It’s a great source of protein and goes great on bread or celery, a great, filling snack that’s cheap. Also, it goes without saying that having a water bottle on hand is key as well. It can always be refilled all day long and its free.
Learning to manage your finances during your college years can help set you up for a positive road to financial health. It all begins with the simple things such as eating. Cutting corners with food expenses can really make a difference. However, with the rising costs of education and living expenses it can be difficult to stay financially afloat.
If you feel as if you are losing control of your finances and are finding it difficult to make ends meet with your basic living expenses, debt relief may be an option. Not all debt is dis-chargeable, but you still have options. Hines Law has helped numerous clients re-start their financial life. Our Massachusetts bankruptcy attorneys are knowledgeable in expediting your case. We will work closely with you to ensure you are informed during the entire process of filing for Chapter 7, until your qualifying debt is discharged.