Saving money while working toward a degree

August 2, 2012

As a parent, you already know how tough it can be to try and pinch pennies while you cover the cost of everything from groceries to bills. Having kids means you have extra mouths to feed, and these expenses will only grow as your family expands.

Once you decide to go back to school, you'll need to take the initiative to stay on budget to avoid breaking the bank while you earn a degree. Luckily, there are many ways that you can spend wisely without changing your lifestyle in dramatic ways.

HowStuffWorks.com recommends buying used textbooks while you're in school. Doing so can save you money each semester and give you more cash to put toward tuition.

If you have a long commute to campus, think about taking public transportation to save money on gas and car maintenance expenses.

Finally, CollegeScholarships.org recommends looking for a bank that offers free checking accounts to avoid fees that can add up over time.

With the large number of scholarships for moms and grants for parents now on the market, going back to school is easier than ever for mothers.

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