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surely be a lot lesser than the rent that you would spend in private apartments and dormitories.

CLOTHINGS

We need clothes especially if the school we are in does not have uniform. However, you should learn to use old clothes and you should never spend much money on clothes that you know for yourself will not be used for a long time after all. Maybe you could buy clothes every other month but you need to really be wise when spending for clothes. You don't really need to buy new designer clothes if you could find them in garage sales and in second hand shops. Just try to be a wise buyer always.

SCHOOL EXPENSES

There are some projects that were announced ahead of time and you could ask from your parents regarding this. The time when your parents already include the money for such expenses, keep it or pay it to the school as soon as possible. This will help you from spending the money on things not intended for it.

A portion of our monthly allowance would surely go to school expenses. If you need to buy books, you may just opt to buy the second hand books or even school supplies if available. This would help you save a lot of money.

SAVINGS

I believe that savings should be a part of the monthly budget. In cases when you have extra money that is in excess from an expected expense, you can save it and keep it in your bank or you could have something in your closet to keep those extra money. The idea of savings should really be inculcated in college students since it helps them become better and responsible consumers. After all, the savings can be used in emergencies and in times when you really need some money for unexpected projects.

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