Students scrimp & save to find the best deal deals
Even as the holidays pass, many
students still check their receipts to determine how they can save
every penny possible.
One way students said they try to save money is by resale shopping
instead of going to pricier department stores.
Nancy Kuykendall, owner of Twice Is Nice, a consignment shop in
Charleston, said she mostly sells resale furniture, decorative
items and clothing to people looking to save.
She said resale shops like hers save people money because of better
pricing and top brand name availability and can be a wonder for
someone looking for a particular appliance, furnishing or
clothing.
“It’s a one-stop shop for the family,” Kuykendall said.
Buying resale items is not the only way students save money.
Charleston’s First Mid-Illinois Bank & Trust regional deposit
manager Barb Marquis said saving money can be both simple and hard
at the same time for students.
Marquis said because students have to pay tuition, fees and other
expenses, it can be difficult for them to consistently save. She
said opening up a basic checking account could be a first step
towards saving even the smallest amount of money.
Marquis said there are two specialized accounts students and
residents alike can open up at any bank.
She said the first of these is a “Christmas Club” account, which
pays off from mid-October to July.
She said the minimum balance could be as little as $1, with .075
percent interest coming back into savings.
The second type of special account is a “Summer Savers” account,
which Marquis said accrues every May with 1 percent interest going
back into savings.
Eastern students expressed they often have major difficulties in
saving money, especially with tuition, fees and unexpected
occurrences.
However, many students explained how they have their own techniques
for saving money.
Courtney Lafond, a junior family and consumer sciences major, said
she cuts corners when buying groceries and splurges on hygiene
products and technology.
Lafond said she budgets her money into groceries, travel, personal
and savings expenses in order to save as much money as
possible.
Lafond said now that she lives in an apartment, she prefers making
her own food opposed to going to the dining halls or eating
out.
“I found during my freshman year, I was eating in the dining halls
more often because of the many options available, and I wanted
quicker and less healthier food,” Lafond said.
She said because she lives in an apartment, she limits how often
she goes out to eat. But when she does, she said she tries to find
the best deal possible for her budget.
“I try to use a coupon,” Lafond said. “With being a college
student, I try and find the best deals.”
Austin Jenkins, a sophomore biology major, said he also cuts
corners with groceries.
Jenkins said he makes his own food every day and rarely goes out to
eat, mainly because his parents provide everything for him.
However he said he also likes to splurge occasionally on
Subway.
“The only time I do is when I’m given money by my dad,” Jenkins
said.
He said he also saves money with his clothing purchases and mostly
shops at thrift stores as opposed to resale shops.
He said he has found thermal t-shirts and jeans there.
“Sometimes, stuff is as good as the department store,” Jenkins
said. “If a sale goes on and I really want something, I’ll go out
and get it.”
Jose Gonzalez can be reached at jlgonzalez@eiu.edu or
581-2812.