Wednesday, February 07, 2007

Rich Student Poor Student - Post #4

Step 4: Be thrifty

This is an obvious one, and most students are really good at it, far better than I am. But there are a couple of things that I know about which I would like to pass on. Of course everyone knows about the staples of thrift, like: Value Village, Frenchy’s, and the Sunday Flea Market. Those of you that check your Dal E-mail account should also know about the Dump and Run that is put on by CESR in partnership with the university. This is an event where students drop off items that they don’t want to take with them when they move at the end of the year and they are sold in a large flea market. This can be a great place to pick up cheap furniture. Also there are a couple of good websites, like: Criag’s list and Bargainhunter.ca.

There are other ways to save a few bucks while in school. The DSU offers things like free use of Quicktax for doing your taxes online (this is only available to students that make under $20,000), and free legal aid, free room rentals for societies, and a food bank. You can go to the offices on the second floor of the SUB to find out about all the services that we provide.

Another way to save money is to hit up the power hours. Let’s face it, a large amount of a budget can be eaten up by extra-curricular activities. You need to make sure that when having fun you don’t go too crazy. A good idea is to take cash out with you and leave your bank and credit cards at home. Alcohol and a credit card can be your worst enemy. Also go to the places where the drinks are cheap. Most bars have a difference of 50-100% in price from discount prices to regular prices. One anomaly to this is a campus bar. Our two bars have two power hours a night when open (Wed. – Fri.) and also have food specials. At the Grawood for example you can get a burger, fries, and a draft for $4.95+tax. Usually you can find out when drink specials are by going on a bars website, if they don’t have one then just give them a call.

I know that the things I’ve mentioned here aren’t going to be ground breaking revelations to most of you. The point that I am trying to get at is that there are a lot of different ways that you can save money while at school, and you should do your best to take advantage of them. This doesn’t mean that you have to live off Kraft dinner and wear tattered clothing, I’m a fan of living comfortably. But really, do you need a new Ipod right now?

Please, those of you that have ways to save money while in school, send me some suggestions and I will update this to let people know what you have said. If everyone gives one good way to save money we will all be a little richer.