7 Ultra Cheap Foods to Get You Through College

Are you currently living the college life? Are you trying to scrimp and save each week just to be able to feed yourself? These can be very stressful times (but still fun somehow), but you should never let your stomach go empty. Here are seven cheap foods that you can buy even if your bank account is in the single digits.

1) Eggs – Did you know that you can still find eggs for under a dollar in some discount super markets? With three eggs you can easily tide yourself over to the next meal, which means that you are only paying about $0.25 for each meal! It’s pretty healthy and it’s cheap!

2) Ramon Noodle – When you buy a package of Ramon noodles, each serving equates to only about 10 cents. Granted, this meal is jam packed full of sodium and isn’t the healthiest thing for you, but if you desperately need some food and your pockets are only clinking with change, then this is the meal for you.

3) Brown Rice – By heading to your local discount grocery store, you can buy a 2-pound bag of rice for just over a dollar. It doesn’t look like that much food when you buy it, but when cooked rice really bulks up (as it absorbs water). One bag of rice can easily serve one person 7 or 8 times. The cost per meal on this is about $0.13.

4) Sandwiches with Lunch Meat – Sometimes it’s tough to make a meal that you can easily take with you and eat for lunch. Sandwiches with lunch meat and cheese provide you with some nutrition and with a loaf of bread costing $1, a pound of lunch meat costing $2.50, and a pound of cheese costing $1, you could provide yourself with 10 solid sandwiches for only $4.50, or $0.45 per sandwich.

5) Oatmeal – This is a pretty nutritious meal, and for whatever reason it is far less expensive than dried cereal. You can feed yourself about 10 servings on a large $2 canister of oatmeal. Cost per serving: $0.20.

6) Potatoes – If you buy potatoes in season, you can score a 10lb bag for just a couple of bucks. Two potatoes will certainly fill you up, and with about 24 potatoes in each bag you have 12 meals for yourself here. Paying $2 for twelve meals means that you’re only paying $0.17 per meal!

7) Tuna – This food is jammed full of protein and is quite filling. You could mix two $0.40 cans of tuna with half a bag of noodles (which will put you back $0.50), four eggs ($0.33), and a couple teaspoons of mayo ($.20) and make yourself a batch of tuna salad that would give you about 8 servings. Total cost per serving:  $0.23.

Fast food is starting to sound pretty expensive isn’t it? Heading to McDonald’s and ordering $5 worth of food is simply a waste of money, and it isn’t remotely healthy for you! Instead, purchase the foods on this list and survive from week to week for less than $20 total!

Have you purchased any of these foods lately?

4 Tips to Save Money on Fixed Rate Home Loans

Saving money while making repayments?

It’s possible! You just have to find the right way to do it.

But first what does a fixed rate home loan mean? It’s a type of house mortgage that allows you to lock-in your interest rate over a certain period time at approximately one to ten years. You are certain that you will only have to pay for the same loan amount and interest rate despite the sudden rise or fall of house pricing. In short, you’re basically protected from the volatile market conditions.

However, fixed rates don’t come cheap and it’s relatively higher than variable rate home loans; and thus, the need to find ways to keep your savings going. Here are some tips for earning serious savings on fixed rate home loans:

  1. Ask for a Lower Rate

Call the bank and tell them you’ve just found a better rate and you are keen on closing the deal with this lender. Who knows, you might just get what you want right at that moment. However, be reasonable with your bargain price as the standard fixed rate in Australia nowadays is anywhere between 4 percent and 5.5 percent, depending on the fixed term period. What difference can a lower interest rate make on a home loan over 25 years?

Here’s a plausible scenario:

Say, you’ve taken out a $400,000 loan with a 4.54 percent rate over 25 years. The monthly repayments will be $2,232, which translates to a total amount of $669,700 paid over the life of the loan, plus the $269,700 amount of loan interest paid. The total amount of savings you could earn? That’s $62,900, which is good enough given the lower interest rate.

  1. Lock-in your repayment rate, too

A technique that many home buyers do not know about is that they can actually ask for the monthly repayment rate to stay the same regardless of how much interest they are provided with. For example, of the $400,000 loan amount, you can ask the lender to keep your monthly repayment at $2,442, in which the interest rate is either 4.54 percent or 5.44 percent p.a. over 25 years.

More importantly, at $2,443 monthly repayment with 4.54-percent interest rate, you could possibly save $107,400 throughout the life of the loan.

  1. Consider paying fortnightly

Make repayments fortnightly instead of monthly in order to shorten your payment term and save money on interest rate. You might want to pay half of your amortization fee by the second week and the whole amount by the end of the month. As a result, the total amount you owe to the lender reduces significantly; hence, you will be able to get yourself out of debt in less than 25 years.

  1. Use the lump sum payment option

A perfect alternative to paying fortnightly, paying lump sums off your $400,000 loan can significantly reduce the remaining balance, albeit both methods have the same benefits. To be able to achieve this, save as much as money as you can like $25,000 to pay off your outstanding loan balance. This amount alone could reduce your payment term by approximately five years and save around $30,000 in interest.

Make smart choices about your fixed rate home mortgage to prevent any chances of breaking the fixed term period. As such, the lender will require you to pay an expensive break cost to compensate for the loss you incurred upon ‘un-fixing’ your house mortgage due to your personal circumstances. If you are serious about making significant improvements on your loan and cash flow, better try any of those strategies.

How to Make Money Hanging Out at the Beach This Summer

It’s only March, but if you are anything like me, you’re counting down the days until it’s warm enough to head to the beach.

Because not only is beach weather warm and the water inviting, but that also means that you’re on summer break!

(That is, if you’re not taking summer classes).

But even though you could be hanging out on the beach, you should be finding ways to make money in the summer, right? After all, it’s hard to balance a job with school, so you need to make the most out of the time you do have.

But you can actually make money by hanging out at the beach.

Don’t believe me?

Well, did you know that there is a whole group of people who make a living by metal detecting?

Before you write this off, just think: spend the morning searching for money in the sand and spend the afternoon playing in it. How perfect does that sound?

This is such a profitable niche that there are whole companies built around metal detecting, and their favourite place to do it just so happens to be at the beach.

After all, what do you think happens to all of that loose change when somebody jumps in the water with their pockets full? Well, the waves pull the change out of their pockets, and it ends up being washed up to shore and buried in the sand.

If you’ve ever found a bill at the beach, you can imagine how much change you can find there, too.

The pros have expensive equipment, metal detectors, and coin counters, but if you’re just starting out, all you need is a metal detector and they don’t have to be expensive.

You can actually rent them at some beaches (but those are the ones that will be less lucrative. After all, people will have rented the detectors and found the coin).

You can also find expensive jewelry (though the best thing to do with this is try to find the owner for it. But hey, if nobody claims it, it’s yours!), among other things.

Other great places to find some spare cash include parks, playgrounds and sports fields. Check anywhere that might be hiding money under brush, sand, or soil.

You don’t have to work at the concession stand to make money at the beach this summer. Metal detecting is fun and very profitable.

Shop Like You Make Six Figures (Without Spending a Lot): A Guide to Savvy Spending for College Students

When you’re a student, you don’t have a lot of money.

But sometimes, you need to spend a little cash, whether that’s to eat out, go out, or buy school supplies.

Plus, it’s no fun to have to be holed up in your dorm room all day because of your budget.

Luckily, there are ways to save money while still being able to enjoy life and your years in college.

Here are some tips:

Cheap Eats

There is nothing quite like a gourmet ramen dinner for 20 cents. Ditch the dirty noodles and grab something sweet for less. A great way to find cheap eats is to check out online offers and coupon codes. You can save 50-90% off food at killer restaurants using websites like Groupon.

DIY Dorm Room

Pimp out your room for a better year with DIY projects on the cheap. Thing mini-fridge, microwave, coffee makers, cool desks, curtains, wall organizers, and much more! Stores like Home Depot offer a variety of online savings, DIY advice and help, as well as deep discounts on all the things listed above.

School Supplies

From white out to paper, printer ink and pens stores like Walgreens have got the market cornered. With online coupon codes, you can get up to 90% off all the things you need for class and still chip in on the keg for that beer pong tournament you’re gonna slay next weekend.

Fun Times

Paying bills for the first time, figuring out where your journalism 101 class is, making sure you ace that theatre history exam, and attending your best friend’s toga party are very important things. You’re going to get burnt out.

What better way to recharge and refuel with a mini-weekend getaway!? Grab some friends, chip in for gas, get a rental car and hit the open road. Groupon has coupons for sites like Fox Rent A Car and Hotels.com—boom! Instant savings and fun times!

Making Memories

Your college years really are some of the best times of your life. From freshmen orientation, to that party where the ceiling burst in your buddy’s frat house, to that time you used the stairs as a sleigh ride, or the big game where you burnt some couches and ended up on ESPN…frame your moments. Make cool photo collages or even photo memory books at Shutterfly! With prints often starting at 10 cents, you’ll be the coolest friend ever.