Posts Tagged ewallet
Back to school without breaking the bank
Posted by Jag in Prepaid cards, Products on August 23rd, 2010
Having the student tuition blues? Going to school nowadays can be quite expensive. Last year I was feeling pretty down about my cash flow situation. I did some research, looked around, and finally came up with these 10 tips that helped keep my budget and my stress on track.
10 tips to help students save money
1. Drop the fancy data and phone plans
We are told through the media that we need fancy data plans, unlimited SMS, and free calling. Communications companies even have plans specifically for students. I recommend dropping the big data plan, as most phones come equipped with Wi-Fi, and your campus usually provides free Wi-Fi. Keep your phone for important calls. You can use online calling services such as Skype and ooVoo to make free calls PC to PC, or use your Net+ Prepaid MasterCard® to set up a paid account.
2. Laptops and Gadgets
Shop early. Typically by August all of the major electronics retailers have their back to school sales for computers. Buy what you need, don’t get lured into fancy features that usually end up costing you more. Keep an eye out for exclusive student deals.
3. Meals on us
Ever heard about the school meal plans? Try to avoid these if you can. School meal plans are more expensive than they sound, and will actually end up costing you more. On the other hand, having your grocery money lying around your house might vanish too quickly on video games, booze and parties. Instead, I use my Net+ card as my meal card; it’s accepted anywhere you can use MasterCard. I buy all my groceries on my card, putting 150 USD on my card every month. This way I can ensure I don’t spend beyond my means.
4. Avoid fancy gyms
Doctors recommend 1 hour of physical activity each day. There’s many alternative ways of getting this physical activity other than paying 30+ EUR for a gym membership every month. Your school will typically have a free gym for students – check that out first. Second, drop by the athletics department; most student organizations offer several intramural teams and pick-up games to join. It’s great way to stay active and make new friends, all for free.
5. Leave the car at home
The cost of gas, insurance, car payments, and parking are just too much for any student to afford. You don’t need a car, especially when there’s public transportation available at a fraction of the cost. Don’t forget, skateboarding, rollerblading, biking and walking can also get your around for free.
6. Buy used books
After my first semester, I realized that new textbooks were a waste, especially since I would never open them again. You can save a small fortune by buying used books. Shop online for books with your Net+ virtual card, or try finding a peer who might have taken the class before. Click here if you’d like to compare textbooks.
7. Don’t pay bank fees
You need to store all your hard earned cash, scholarship, or student loan money somewhere. Most banks offer a student account; however, these accounts only offer you limited transactions, only a few free transactions per month, as well as a monthly account service fee. With a NETELLER eWallet, you can keep your funds in your account and pay for all your needs for free using the Net+ Prepaid MasterCard.
8. Avoid the credit cards
As students we love anything free. This is how most high-interest rate credit card companies take advantage of us. They’ll offer a free water bottle, shirt or a chance to win something for just signing up for a credit card. Credit card companies offer you high limits so you’re enticed to spend beyond your means and then are stuck paying off a loan with a very high interest rate. Avoid paying interest and spending beyond your means with a Net+ prepaid card.
9. Watch it online
It’s pointless to pay for cable TV when you barely have time to sit in front of the TV. Nowadays you can purchase tons of music, TV shows and even movies directly online. You can make your entertainment purchases securely online using your Net+ virtual card.
10. Control your spending.
There’s no better way to stay on budget than to know what you’re spending your money on. Keep your receipts. Set yourself up with a monthly budget for your expenses, deposit the amount you have to spend into your NETELLER account and use your Net+ card to track and control your spending. The Net+ cards won’t allow you to spend more than what you have in your account.
I hope these tips help you out as much as they have helped me. Good luck with the upcoming semester!
Today’s post was written by Jag, a Marketing Manager. Jag loves driving her big truck and visiting Las Vegas (but not necessarily both at the same time).




