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by Mike Valles on August 15, 2009

© Paul Keleher
Take Distance Learning Courses
If you have a job where you are you may want to think about taking your courses online. Jobs are hard enough to find right now and you may be able to keep the one you have - along with job security. If you move and start afresh while you are going to school, you will be at the bottom of the list - and the first to go if there is a layoff.
Distance learning courses enable you to get the same quality of training - if it is an accredited college - and it can save you moving costs and job hunt time. This would save you thousands of dollars - and you get to keep on working, too. You will need to research and find out, however, if you think you would do well in a distance learning situation. It will take a little more self-discipline.
Consider Your School Loans Wisely
I mentioned yesterday that you should get all the scholarships you can. If you still do not have enough, though, then you may have to get a college loan. Use wisdom here, and do not take the first loan offer you get. Consider that an interest percentage of a couple of points can make a large difference over a long period of time.
Look to get government loans first, such as Stafford or Perkins loans. These loans have the lowest interest on the market - and can be consolidated later. You cannot, however, consolidate government and private loans together.
Permalink: More Ways to Save Money While in School
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Take advantage of bank technology. Consider automatic payroll deductions or automatic transfer from checking to savings. Avoid temptation and arrange to have a specific amount transferred to your savings account every pay period.
Pay your bills on time and pay more than the minimum amount. Although 97 percent of Americans pay their bills on time, some consumers find themselves paying late fees. Alleviate the hassle by scheduling time once a month to pay bills, and put them in the mail with enough time to get to the creditor.
Determine needs versus wants. Do you need to eat out every day for lunch? Do you need that gourmet cup of coffee in the morning? By bringing your lunch to work a couple days a week, you can save hundreds of dollars a year.
Shop around. There are thousands of options for financial services products. Be selective, and get the best prices, services, convenient locations and lowest fees for credit cards, bank accounts, mortgages and CDs.
Avoid credit card debt and the accompanying finance fees. Don't charge more on your credit card than you can pay off every month. It's that simple.