How to support yourself financially at school in 2021

We live in an era where people need to think outside the box considering the economy state of the environment we find ourselves.

Supporting one’s self is the ambition of most students. As a student, it would be an advantage to also be of help to your sponsors. And that is by taking care of the tiny financial needs you have as well as the tiny emergencies that would arise while you’re in school.

By the way, I recommend you see these 6 surest ways to make money (and be independent) if making money is your long term desire.

Most students find this mission impossible. They’re faced with major challenges like peer pressure, the need to belong or feel belonged and all other pressing but unnecessary things they hold so dear.

There are good processes that would help you accomplish this but these processes require your commitment and integrity.

save money at university
Naira notes Image Credit: WESYC

Before showing you ways to support yourself in school, here are few things you should endeavour to do first.

Define Yourself

Come to a realisation of who you are. Where you come from and the situations that surround you.

This awareness of your identity would serve as an abstract councillor to you. It will mould you into doing what you need to do.

Define your goals

By defining your goals, you should be able to tell yourself where you’d like to be in the nearest future.

Give yourself a target. Be eager to see yourself become financially better even after school.

Once you’ve known this, then you can begin the journey of a thousand mile with a step.

Below are ways you can support yourself in school financially this year.

1. Plan your Income

It is believed and accepted that you get financial attention mostly while you’re a student. So it is very necessary to plan any amount that comes your way at this level.

Put up strategies that would help you not spend everything given to you. Get only the necessary things and leave what’s not necessary.

This way, you would be able to keep back some money for the day of the mighty wind.

Also check out my other article on 6 things you should do before finishing school.

2. Save

As a student, practice the art of saving. In your income planning, do not fail to put out some money for savings.

If after delegating the money to different needs you have left over, save and be committed to it. As long as you know why you should save.

See my post on how to save money at university and be financially stable.

3. Errands and side jobs

Running tangible errands for people as a student goes a long way to upgrading your financial status.

Get yourself in an environment where you can identity the needs of that environment and try to meet it. Don’t be shy to go to your lecturer and take care of the laundries on weekends.

This way, instead of your lecturer taking them out, you take the pain of delivering this service at his doorstep for payment in return. To them, that’s comfort and ease.

How about students of higher standards who take pleasure in paying for such services as laundries, cooking, cleaning. You can render any of these services to them at their doorstep and profit from it.

You can also get a side job either online or a part time job nearby. This can also add up to your monthly stipend. That is, plus the money your guardians or sponsors give you.

Check out: things you can do with your smartphone.

4. Engage in Crafts

As a student, you could support yourself financially by engaging in crafts like small chops/home made juice production, shoe mending, clothes making, hair dressing.

Many of these crafts could be handled at your spare time while you’re still in the university. Money gotten from here would go a long way in supporting your daily routine while you wait for monthly allowance from home.

Here are 8 Businesses you can do in school to help you pay your bills.

These and many more are ways you could support yourself financially. However, these are not get-rich-quick schemes. They require your discipline and determination to keep to your ambitions.

Self Discipline helps you to be conserved in your spending lifestyle. Instead of lavishing whatever you get before you notice it, you would be frugal enough to make your money last longer.

It also prevents you from measuring yourself up with others, especially those from a more advantaged environment.

Determination sets you in motion. It constantly reminds you that you can not have everything freely. As such, you need to pay a price.

Determination keeps you away from the thousand and one excuses and doubting questions you tend to ask yourself.

As a student, you’re not too young to take care of your needs by yourself without bulging your parents.

There is a level of satisfaction you get when you handle needs alone before the main money arrives. There’s also satisfaction in being an independent student.

Hope you enjoyed reading this blog?

STAY UP TO DATE

Get the latest scholarship updates and school news by liking our Facebook page and following us on Twitter and YouTube.

Are there ways you financially support yourself in school? Please share by leaving a comment below.

Recommended:

2 thoughts on “How to support yourself financially at school in 2021

Leave a Reply

Your email address will not be published. Required fields are marked *