As students, we are always looking for the best ways to save money. Recent studies show that the average college student spends close to $1,400 annually on textbooks alone. This doesn’t even factor in the cost for other school essentials including living accommodations, transportation and food which can add up to $3,000 to $4,000 of additional expenses.
The rising cost of living and inflation have a huge effect on us, especially those who are in school full-time and are struggling to earn income while focussing on their studies. However, what if there was a way to make money, while also saving on everyday items required for school?
This is where Mijem comes in. Mijem is a community marketplace app created out of an idea to help students save and earn money while buying and selling items on campus, list events and post on their local community board. This app is a great tool for college and university students who are interested in making extra cash, earning loyalty rewards that can be converted to BitcoinSV, socializing and reducing their carbon footprint by shopping for pre-loved items.
“Mijem was built by a student, for students,” explains Laurie Freudenberg, CEO of Mijem. “Our founder, Phuong Dinh, was bothered by the excess consumption he was seeing around him, and like many others in his peer group, struggled with the challenges of university life, such as student debt and making new friends. Knowing others like him shared his views and challenges, he wanted to provide a solution”
In addition to the buy/sell marketplace capability of the app, Mijem’s integration in January 2022 with a Bitcoin SV Loyalty Rewards program enables students to kick-start their crypto portfolio. The Bitcoin SV loyalty rewards that students earn on the platform are 100% free and can be converted to cash through the use of crypto exchanges and your bank account. It’s important to note though, that investing in cryptocurrency is not risk free – like all securities, its value will change depending upon market conditions. Once the BSV loyalty points are transferred into a personal wallet it will be subject to market fluctuations, like any other currency.
In order to avoid racking up more student debt, here are three money saving and savvy tips for students:
- Study Services: Tutoring services can be expensive, but that doesn’t mean you should give up altogether. Find a senior student tutor or “study buddy” on campus that can offer you their services for less, or even for free!
- Carpool With Other Students: Mijem enables members to participate in rideshares. Whether a group of students are looking to run errands or organize a mini trip, the app allows them to cut down on carbon emissions, while saving money on gas.
- Savvy Spending: Buying pre-loved items – from textbooks to a backpack to a desk lamp – will not only help you save money, but will also help you live more sustainably by minimizing waste. The Mijem app is a free community marketplace app that allows you to buy and sell items from other students on campus.
- Host Events: Organize events or meetups and charge an entrance fee. Reaching out to local vendors and brands to provide a space and giveaways for free is a great way to build lasting relationships and reduce costs on your end. Upload and share the event details on community websites and across social media apps. Creating a dedicated social media account for the event is a great way to create buzz and engage with friends and attendees for future events as well!
Download the Mijem app, available for both IOS and Android and create an account today to start earning money risk free!
*This is not financial advice from the owners of this website*