Saving money is something we all want to do, right? April is Financial Literacy month. #SecureTheBag #Stacks In all seriousness, financial literacy should be a priority for all students. Once you have the knowledge on hand (which includes seeking the counsel of financial experts—don’t let just anyone advise you about your money), be sure to make a financial plan and put it into action! Your future self will thank you for it.

No matter where you are on your financial literacy journey, you can use these tips to help save money.

1. Pick a few days per week or per month where you spend no money. Even if you have disposable income to spend.

2. If you don’t need it any more, sell it or donate it. There are probably many other students or others in your area who could use it.

3. Make a habit of only buying the best quality you can afford. If the quality you prefer isn’t in the budget, wait until it is to purchase. Or simply don’t purchase it at all. Plus, it never hurts to do a self-check and challenge how you determine something’s value—that might be a big part of your problem.

4. Always, always price check and coupon check before you buy. You will frequently find the same item cheaper at other stores or online. Coupons speak for themselves.

Secure the bag by securing your finances, Scholars.

In Scholarship and Solidarity,

Dr. D.

What do you think?