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10 Summer Savings Tips

High temperatures, small budgets

When the weather gets hot and sticky, temptations to spend abound: There’s the appealing beach trips that come with pricey hotels, the organic fruit and vegetables that are suddenly in season and the clothes and shoes. But summer doesn’t have to be expensive; in fact, it can be quite frugal. Here are some summer savings ideas generated by the U.S. News Frugal Shopper bloggers:

Visit the thrift store.

The higher temperatures might leave you wishing for a new wardrobe, and you can have one — just consider visiting the local thrift store before hitting up the department stores. Spring cleaning often leads to an influx of high-quality items at secondhand shops, which means you can pick up the still-nice (and discounted) items, suggests BeFrugal.com founder Jon Lal.

Workout on the cheap.

Since the warm weather draws many people outdoors for their workouts, Lal suggests checking out the discounted prices sometimes offered by gyms. You can often score special rates that are only available in the summer, he says.

Update your home goods.

Retailers often mark down big-ticket appliances like refrigerators this time of year, as well as indoor furniture and cookware, Lal says. Even though you might be planning on spending as much time outdoors as possible, you can spruce up your indoor environment, too.

Plan travel with online tools.

Lisa Koivu, founder of ShopGirlDaily.com, recommends turning to online comparison tools and travel websites before buying any plane or hotel tickets this summer. She suggests checking out Venere, Airbnb, Jetsetter and CheapOair because coupons and discounts are often readily available, especially for last-minute travelers.

Buy your produce in bulk.

The summer harvest often means an abundance of locally grown fruit and vegetables, and supporting local farmers is a great cause. To protect your budget at the same time, consider signing up for a CSA, or community-supported agriculture program. You’ll get a box of fresh produce regularly, and as long as you avoid waste by experimenting with new dishes, it can be a frugal deal.

Grow your own food.

You can also get to work in your own backyard and plant seeds for some summer veggies or herbs of your own. Visit your local gardening store for ideas and tips on what to plant; if you got a late start, you can always buy seedlings that have already sprouted.

Stick with generics.

John Schmoll, founder of FrugalRules.com, recommends buying store-brand items instead of pricier labels when you’re shopping for organic goods. At Whole Foods or Trader Joe’s, for example, the store brand usually costs less.

Host a summer bash.

Mel Bondar, blogger at brokegirlrich.com, says as long as you take a DIY approach to party decorations, and perhaps even take the potluck approach, then hosting a party can be a frugal summer entertainment option. It certainly costs less than tickets to the hot summer concert.

Cut your gas costs.

Look for opportunities to carpool to events with friends or stick with public transportation to reduce your need for gas. If you own a car, then make sure the tires are properly inflated and it’s running as efficiently as possible. Emptying out your trunk so the car is lighter can also help cut your gas needs.

Clean out your home.

If you put off spring cleaning, then take the opportunity to clean out your basement, garage and other areas that tend to collect old items. Host a garage sale to earn some quick cash, or sell the more valuable items online. You might even find summertime goodies, like an old beach chair, that can be used again this year.

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10 Summer Savings Tips originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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