Okay so whether you are a freshman or a senior, you always need to learn new ways to save money!
I have been budgeting for the past three years and yet feel as though there are still some things to learn. One of them is that you can never plan for that 3 a.m. dominos or the "emergency" trip to the nail salon, but you can plan for food shopping, going out, magazine subscriptions and eventually electric and cable bills.
Despite the hundreds of budgeting programs out there, the easiest way to create a budget (and stick to it) is to use good old pen and paper (and then sync it to your calendar on your computer and to your cell phone, etc.)
First determine how much you "make" each month- it can be how much money you make from a job, how much your parents send you, or how much you find on the floor- doesn't matter as long as it totals some amount.
Then, a good thing to do, would be to add up all your expenses- I'm talking everything- manicures, waxing, iTunes purchases, going out, etc.
Once you have that you subtract what you spend from what you earn- simple isn't it? And then you just try to not spend more than what you allocated for that month or week.
This to me is the hardest part of the equation.
Some ways I solve this problem-
I live off campus, so I have more opportunities for cheap eats- for example I can get to Kumo during the week between 11 and 3 when all their sushi is half off, and I can buy 5 lbs of Chicken in Stop and Shop and use it for about three weeks, but what should you do when you live on campus? A good thing to do would be to eat in the Dining Hall as much as possible- I know the food sucks, but you can create a variety of okay meals but just asking for substitutions, and that way you can save on your grocery bill. Another way to save on grocery shopping is to have it delivered. That's right I am telling you to have your groceries delivered to your dorm room- I'm not completely sure if this will work, but it is definitely worth a try!
To do this go to peapod.com and then follow the "easy" instructions and ta-da! You have just food shopped via the internet- isn't it a wonderful thing? I've been doing this since I got back to school and you know what- I've been saving money! I avoid the hunger pains that always overcome me as I enter Stop and Shop and ultimately only buy what I need instead of what looks sooooooooo good! It really does work, it might be lazy, but hey at least I have extra time to go to the gym! (That's another budgeting lesson for another day- budgeting time- that one not so simple)
Another way to save money is to try to always take the shuttle into New Haven if possible- and if you happen to be staying in Hamden for the night, then carpool and rotate the DD. Cabs around Hamden aren't really that expensive, but can add up, so having someone DD eliminates the expense and could potentially save you from going home with a Mr. Oh-So-Wrong.
Other than that, all I can say is try to budget, try to save, but most important try not to let it consume your life- if you are constantly worried about saving/budgeting, you won't enjoy the great time you could be having with your friends, because College only happens once- so enjoy it!