Hands holding credit card and using laptop.Living like a college student while you are in college is key to keeping your spending under control and can make higher education more affordable. It also can reduce the amount of money you have to borrow to pay college-related costs.

Developing good financial habits while in school can help you achieve the kind of lifestyle you want after you graduate. While a college degree can lead to a higher salary, it is best not to spend money while you are in school as if you have already landed a great paying job.

Smart money decisions can put you on the right financial path: