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Posts Tagged ‘Saving money in the real world’

How I saved $4000 in college doing nothing.

Monday, April 28th, 2008

I am a graduating senior this year! I want to let you on in a little secret about saving money. Everyday throughout college I put $3 away (at first into a drawer). Say I was out and about to spend $3 (on junk), I said to myself — I’m going to save $3 today. I did this pretty much everyday, not spending $3 I normally would have and put it into a bank account (I then put it into a CD). 365 days*4 years*$3 = $4380. $3 is a bottle of water, 1/2 a beer, starbucks coffee, that cute fuzzy animal, you get the idea. This is not to say I never enjoyed starbucks, beer, or fuzzy animals — I just enjoyed 1 less each day!

At the time the $3 seemed like nothing. But now, I actually have a lot of extra spending money (or tuition for grad school)! Try it!