If you’re putting yourself through school, even with the help of scholarships and grants, it’s easy to feel like you’re hemorrhaging money—especially if you know that you have student loan payments waiting for you after graduation. Building your savings account, then, may not be your top priority. It’s important to have some money stashed away, though. You never know when an unexpected expense is going to pop up, like needing to buy new tires or having to pay for an emergency appendectomy, and you need to be prepared.
None of these tricks are going to grow your bank account by thousands and thousands of dollars, but even saving $500 or $1,000 total will help you out down the line. Having an emergency fund is kind of like insurance; you hope you don’t have to use it, but if you do, you thank your lucky stars that you’re prepared.
What’s your favorite trick to save money?