Five financial tips to start the semester off right

Five financial tips to start the semester off right Share Share via TwitterShare via FacebookShare via Google PlusShare via LinkedInShare via E-mail The beginning of the semester often comes with additional expenses books, school supplies and apartment/residence hall upkeep, to name a few. Here aresome tips on keeping your budget healthy throughout the school year.Set a budgetBe determined to live within your means this semester. That might mean eating out less, saying no to expensive nights on Pearl Street or in Denver, or planning a road trip for spring break rather than an exotic get-away.Food shopFood shopping and eating in can add up to majorsavings. Pack your lunches, make coffee at home, cook a meal with friends instead of buying an expensive sushi dinner. Buy staples such as rice, bread, chickenand vegetables, and cook up a supply for the week over the weekend.Avoid large purchasesSometimes students will make a large purchase early in the semester that will kill thei r budget and have them struggling to cover expenses. Computers, outdoor gear, ski trips orplane tickets. Wait on any large purchase, and if you must have it, make a revised budget and look to buy used or on sale.Have fun for freeLook formovie nights on campus, talks fromdistinguished speakers, hikes,volunteering with friends, going to the gym, or be creativeChallenge yourself to find fun, healthy, stress-busting activities that are low cost or freeAvoid running up your credit cardOnly charge to your card what you plan to pay off every month. High credit card balances can take years to pay and set back your saving and financial goals.With a little effort and planning ahead you should be able to set yourself up for a semester and year of financial success.CategoriesMoney SenseTagsBudgeting Tips