How to manage your funds in college, campus saving tricks in kenya

How to manage your funds in college, campus


Kenya Campus funds management: College life is every teenagers dream after completing Form four in Kenya. But again, not every student always goes through the smooth ride as many always say it is. When joining college, it is important, as an individual, to understand the fact that everyone comes from a specific financial background. With this in mind, students should always weigh their capabilities in terms of the money rendered to them. This will in turn help them plan for the whole semester or even the whole degree programme.

How to manage your funds in college, campus saving tricks in kenya
How to manage your funds in college, campus saving tricks in Kenya/Photo

The following are some pointers that should help a student control how much they spend while in college:

Have a plan on what you will need during the semester

It is advisable to have what you will need to use during the semester written down before the schools open. This will help you weigh your options on how much goes where and what you do not need altogether. With this list, the student is able to budget with the funds he/she is rendered. As a result, this planning will keep you from indulging in impulse buying.

Do some window shopping before

Always spare some time to compare the prices of the things you will need from different stores. This is because different stores have different prices and also different qualities of products. It is advisable to settle on the cheapest yet best quality products. For instance, if you are buying exercise books, it is advisable to get them at wholesale which is cheaper than getting them from the supermarket. The same goes for stationary. This is because places like supermarkets do not have discounts unlike the stationary or book stores.

Stick to your original plan

When going shopping, always carry your written down plan with you. This will ensure that you spend exactly what you anticipated.

Cut your coat according to your size.

It is evident that you will meet different people from different classes of life while at school. Therefore it is of most importance to maintain your cool and not flow with the trending standards. Always make sure all your recreational activities are the ones you had budgeted for. Again do not overindulge in these activities as this will only lead you into debts. Again, it is advisable to always eat from the dining hall instead of getting food from outside which is much more expensive.

Lastly, try your level best to always have some funds saved for next semester. This will give you peace of mind when your parents pocket runs dry.

With this guidelines , I believe college life should not be as frustrating as many of us make it look like.

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