It is not the first time students have heard that the economy is suffering. People across America, including students, have been directly impacted by the significant decline in the economy.


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Gas prices continue to rise, the price of food has gone up and college tuition has sky-rocketed. These are only a few of the changes that students continue to face because of the tough economical times.

Many college students must learn how to live on a budget when they arrive at college, but this now applies to more students than ever. Numerous students have had to quickly learn how to adjust their lifestyle in order to adapt to the current conditions of the economy.

"I have always been good with money because my parents made sure to teach me the value of a dollar, but I too have had to work on making changes on a daily basis," said Kevin Randolph, Auburn University senior.

Students need to remember that the more money they spend unnecessarily, the less they have to spend on their future needs and expenses. Living well on less may be difficult, but it is not impossible.

Making small changes can make a huge difference. Gas prices continue to rise, yet students can easily avoid this problem.

"I have been walking to as many places as I possibly can, and I have spent a significantly less amount of money by not having to fill up my car as often," said Chelsea Watkins, Auburn University senior.

As many students quickly learn, socializing with friends can also become an expensive habit. Instead of making sandwiches in their apartments, going out to the popular restaurants quickly becomes a habit.

"It’s just so convenient and fun to meet up with a group of friends at a local restaurant," said Watkins. "You can socialize and catch up on gossip while enjoying great food."

Although this may sound tempting, if students can avoid the temptation, they will undoubtedly save money.

"I have made a conscious effort to stop eating out as much, and this has definitely allowed me to increase my savings," said Randolph.

Changing spending habits is a difficult task for most, but is necessary for the majority of students during these challenging economic times. If students can learn the importance of saving money now, it will unquestionably be worth it in the end.