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The Price Of Knowledge: How To Avoid Letting University Cripple You Financially

It’s a strange position that many young people find themselves in these days where they are torn between two seemingly unpleasant options. Many people are told from a very young age that if they want to have a good job and earn a decent living, then they have to go to university. However, going to university is now so expensive, not to mention the fact that more and more graduates are struggling to actually find work after university, that there are plenty of young people wondering if it’s even worth it at all. Of course, there are still plenty of good reasons to go to university in the same way that there plenty of reasons not to, but you shouldn’t feel like you can’t study at degree level because you’re afraid of the negative impact on your finances. With that in mind, here are some things that you can do to keep yourself afloat while you study.

Part time work

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Plenty of students find that they need to work a part time job while studying in order to get by. By working a couple of days a week or more, you’re often able to bring in enough money so that you’re not constantly scrounging around trying to find enough money to eat or pay the bills. Of course, you need to be careful to balance how much you’re working with things like lectures and exams. The last thing that you want is to end up burning out or doing worse than you could have on your degree because you were so exhausted from working all the time.

Take surveys online

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If you’re not in as much of a position to get a job, perhaps because your degree is particularly intense, then why not try filling out some online surveys in order to earn some money. There are plenty of sites out there that will offer cash in exchange for your opinions which, let’s face, no student is short on! Keep reading for more information on how you can start earning some extra cash by filling out surveys. Of course, this is hardly going to be as lucrative as a steady job, but it’s a great way to bring in some extra money so that you’re not constantly worrying about your finances. 

Sell your plasma

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This might sound desperate, but it’s actually a very common practice. The process is incredibly simple, you have blood drawn, the plasma is removed from it, and then the blood is put back into your body. The whole thing is surprisingly quick, and you can go back and do it quite often. Of course, no one would recommend doing something like this too frequently since you could end up feeling pretty unpleasant!

Budget carefully

The most important thing to do if you really want to avoid university taking a toll on your finances is to budget incredibly carefully. Frivolous spending is actually the most common reason that so many university students find themselves struggling financially. More often than not, university is the place where you’re living independently for the first time and being in control of your own money can be incredibly exciting. The problem is that this leads to people going overboard and spending more than they can actually afford. By having a clear budget, you can avoid this and keep yourself in the black.