Luvleen Sidhu, Co-Founder and Chief Strategy & Marketing Officer at BankMobile, America’s first no-fee mobile bank has suggested a few ways for students to save in the new year, and these ways can be implemented into everyday life whether you are a student or not.
WEEKLY: Although it might be hard, this a very simple way to have some
extra cash on you by the time Friday rolls around. Each Monday, make
yourself a list, and include everything
that is a NEED for the week. Having all your expenses written out will
really help you prioritize.
SMART: There is always a smarter way to go about buying/selling your
books. When you get back to school, try to sell your text books from
last semester and use that extra cash towards
the new semester. Regarding books you’ll need for your courses, be sure
to wait until the first day of class to see if the book is actually a
requirement—a professor’s syllabus may say you need it when really you
don’t, so be sure to ask around. And lastly,
don’t rely on the campus book store, instead try sites likeBookbyte.com where you can sell, rent or buy your books for the semester.
PROMOS: Be on the lookout for deals advertised on campuses that are
targeted towards students. Many local establishments will give deals to
students, such as buy one sandwich, get
one free. Even international clothing stores such asTop Shop give 10 percent off all
year round to students. You can even sign up forStudent Advantage a service provider that connects colleges, universities, and local and national
business partners together to provide one system of saving for students.
TOTREASURE: Been meaning to clean out all that old stuff in your room
and haven’t gotten around to it? Well here’s a great incentive for
you—sell it! Make some extra bucks by going
to stores such asPlato’s Closet and sell those old clothes that you just don’t wear anymore.Craig’s
List and ebay
are also a great go to when you need to sell your furniture at the end
of the year, or that television that just won’t fit in your car.
MOBILE: Sometimes you might be hesitant to open up an account at a
certain bank because it may only be located in your college’s town, and
not in your hometown. No need to stress about
that. Open a free checking and savings account with BankMobile,
America’s first fee-free mobile bank. Simply download BankMobile’smobile banking app
your smartphone or tablet to start banking from anywhere. Hate
fees? Don’t waste your money—banking with BankMobile, an absolutely
no-fee bank, allows you to pocket the money that you’d normally spend on
fees. Need to take cash out? No problem—BankMobile offersaccess
to over 55,000 surcharge-free ATMs nationwide. Want to become a
BankMobile VIP? It’s pretty easy- Just deposit your paycheck into your
BankMobile Free Checking Account and you’ll be granted VIP access and
can enjoy all the benefits of the program, which include
free use of any ATM in the USA plus your own financial coach.