We all struggle with saving money, especially after coming back from winter break. If you’re anything like me, you spent way too much money on holiday gifts for your loved ones (and treated yourself too). If your goal for yourself coming into 2018 is to be more responsible with money and now you’re trying to figure out how—look no further. Here are a few tips on how to change your mindset on money and hopefully make a positive change (lol).
Work on what you want to change about your own life, and try not to compare it to others.
It’s stressful to be in college—everyone is worried about getting a job and making a ton of money when they graduate.
Money isn’t everything. It’s important to remember that good things take time and hard work, so if your goal is to be successful financially, take time to set strategies in place and be patient while you work toward your goal.
Living within and sticking to a budget is a practical way to hold on to extra cash.
I know you’d rather eat out than cook for yourself, but you can do it! Plan out times to go shopping, make grocery lists and stick to them, and be willing to put in the effort to cook/meal prep.
Lastly: save, save, save!!
When budgeting, set aside money for the essentials and keep the rest in savings. If you have a job, putting aside a percentage of your paycheck and leaving it untouched will make a huge difference.
If this post inspired you to learn more about saving money in the new year, JMU’s very own Brad Barnett will be speaking on how to save money next Tuesday (Jan. 30th) in Festival Ballroom B at 7:00!