The key to financial success is really pretty simple — spend less, make more, and use every penny wisely. Here are a few tips to make the most of your money.

Start with the big costs: tuition, room, and board.

1.		Be sure you have searched every possible source for scholarships and grants.
2.		Make the most of the tuition you're paying. Are you taking a full load? Challenging classes that will pay off in the future? Learn all you can — don't take the easy route.
3.		If you have a meal plan, use it! You're paying a lot of money for that privilege. And if you're not using it, see if you can reduce your plan or cancel it.

An easy solution: WORK!

4.

You should not jeopardize your grades by devoting too much time to a job, but holidays, breaks, weekends, and evenings are a great time to earn money. Some places have benefits like employee discounts and even tuition support.

Everyday costs don't have to cost so much.

5.		See how much your bank is charging you. As a student, you may qualify for options like free checking and online banking.
6.		Use ATMs that don't charge a fee. Walking an extra block or two could save you a lot of cash.
7.		Cut take-out in half by splitting a meal — and the costs — with a friend.
8.		Cut coupons! And seek out grocery stores that offer double or triple coupons.
9.		Shop around for cell phone deals. You could save hundreds throughout your years in school.
10.		E-mail instead of calling long distance. Or better yet, write a letter.
11.		Rent a movie instead of going to the theater. Everyone who watches it with you can chip in for the rental fees.
12.		Walk or bike instead of drive. Gas is expensive, and so is the wear and tear on your car. The exercise will do you good.
13.		If you're tired of your clothes, consider clothes-swapping. You probably have a friend who's tired of his or her wardrobe, too.

Do something free!

14.		Go to the library instead of the bookstore. The books are free, and you won't be tempted to buy a latte, either.
15.		Shop for free events. Check your local paper, entertainment venues, or bulletin boards for the latest news.

Use financial common sense.

16.		Watch for sales. But don't buy something you don't need, just because it's on sale. You didn't save 40% — you spent 60%!
17.		Don't shop for fun. Shop with a list of must-haves, and don't stray from it.
18.		Keep a list of everything you spend. Review it after one week, and see where your money has been going.
19.		Don't use a credit card when you could use cash. And never lend your card to a friend.
20.		SAVE. No matter how little you can spare, try to put something in a savings account every month. Even $1 a day can add up.

This information is intended to be helpful as general guidance and is believed accurate, but is not warranted, and is not presented as tax, accounting, or legal advice. Individual situations will differ, please consult an appropriate advisor.