The Back-to-School Checklist That Will Prevent You From Going Broke

Are you going back to school this fall? Have you planned a wild jam to end your summer off right? Hopefully you have because school work is just around the corner.

I wanted to put together a quick checklist that will prevent you from going broke (or into extreme debt) this semester:

Find a way to grab cheap textbooks.

You must save money on textbooks. Those damn things are a wallet killer. I went out of my way to find cheaper versions of books. I would go online, check out the used books section, or trade with other students. I did my best to save money on those expensive textbooks.

You should also think about the next point…

Consider not even buying all of your textbooks.

You don’t need to buy every single textbook. I had professors that never went by the textbook or made effective notes on their own. Some lectures were so detailed that I never had to read the book.

The truth is that you don’t even have to buy every textbook. Ask around on campus and find the scoop on what courses don’t even need the book. If you bought every single textbook brand new, you would be broke fairly quickly.

Look for a part-time job.

If you’re moving then it’s about time that you started looking for a job. What are you waiting for? For this checklist to even be worth mentioning it needs to consider money. What will you do for money? I suggest that you get yourself out there and find any source of income while in college. You won’t regret it.

Make money on your own somehow.

This checklist wouldn’t be complete without the entrepreneurial spirit. There are many ways to make money in college on your own. It’s your job to find a source of income that works for you. Once you make your first buck, you’re going to want more and more. It’s contagious.

Save a few bucks per week.

Once you have some money coming in, you can do your best to try to keep a bit of this money to yourself. With money being tight in college, you can work on putting away just a few dollars on a weekly basis. You’ll be pleasantly surprised to see how fast this money grows.

Get that free money.

I highly recommend taking some time to apply for free money offered at your college. You need to get your hands on the applications for the following:

  • Bursaries.
  • Grants.
  • Awards.
  • Scholarships.

The money is there for you to grab. If you don’t take it someone else will. I was worried about applying for this money until a buddy helped me fill out the forms. You explain your situation, answer every question truthfully, and write an essay if needed. Put it this way, an essay takes about an hour to write. How much does minimum wage pay? That one hour of work can land you thousands of dollars.

Will you survive college financially this semester? You don’t have to attempt to become the next Donald Trump, but it doesn’t hurt to get a head start on your money and your life.

Edwin C

Edwin is a marketer, social media influencer and head writer here at Money In The 20's. He manages a large network of high quality finance blogs and social media accounts. You can connect with him via email here.

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