Financial Stress in Grad School

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So you want to go to grad school or you are already there. That’s amazing and I hope that you have an amazing journey! If you are in grad school currently, you know what being poor and overworked is like. If you are preparing for grad school, be prepared. Financial stress is a major part of grad school and can be slightly overwhelming at times. Don’t get me wrong, you’ll have enough to eat and drink, but not really enough for other things.

Money is quite tight for me currently, mostly because I was forced to move into a new place that is way more expensive than what I currently am in. Since everyone is coming back in person to school, they are filling up all of the cheaper places that allow pets, so I was stuck with the more expensive option.

I have always been fairly good with money. I have enough saved up to be able to afford my new place with some modifications of course. I’ll share a list of things I am doing to save money as well as not have the financial stress and anxiety that comes with grad school finances. Below are a list of things that help me save some money while in grad school and I truly think thy can help you too.

You will experience financial stress in grad school. It will happen but you don’t have to experience the negative impacts quite as severe. With a bit of practice, you can thrive in this money deprived life and even be able to save up some money to do fun things. Follow the 8 tips below and you’ll be on your way.

Things I do to combat financial stress in grad school

1) I am shopping at Walmart now.

I used to shop at Publix but they are quite expensive. You can get the same food at a cheaper price from Walmart, so I shop there now.

2) I do not go to Starbucks or buy coffee from anywhere.

I make my own coffee, see my coffee blog. People spend as much on a cup of coffee as I do on a whole bag of coffee grounds. They do have good coffee though.

3) I gave up spending money on vending machine food.

This is self explanatory.

4) I walk to my office, or take a bus.

You will most likely be paying for a form of transportation to and from school. Take full advantage of that because gas is getting expensive.


This has taken so much strength to do but I think I am finally free from the Amazon addiction. I was buying everything on there and would have a package almost every other day. This led to more anxiety surprisingly. I quit buying things and I have saved a ton of money and my anxiety is not as bad.

6) Cook your own food.

I think cooking is one of the coolest things you can learn. Creating dishes that are healthy, delicious, and good looking is quite a talent. In fact, I was on a competition team that won third place in 2011. I love to cook and I have saved so much money by cooking at home. You may spend like $8 at chipotle when you can literally make the same meal for like $3 at home.

7) I don’t drink alcohol as much.

I still go to bars with friends but I order soda or iced tea. This reduces my spending significantly and doesn’t make me want to go out and get pizza afterwards and spend even more money lol. Plus, alcohol is one of my anxiety triggers, so staying clear of it is beneficial for me.

8) I build my own stuff.

This one is a hit or miss because prices for wood and other materials are going to outer space. I also found out that something I made was about half the price online than I spend on supplies. But, I am sure there’s stuff around the house you can use to build something you need. I use old rugs to make scratching posts for my cat. I also wood carve and make figurines that are cool so I don’t jump online to buy things to make my room look fancier.

Final Thoughts

These are the things I do on a regular basis to reduce my spending because grad school is expensive. Life is expensive. I hope you consider trying some of this stuff out as well as adding some trick of your own in the comment section. I love learning clever ways of saving money. Thank you for reading my blog!

**If you or someone you know is suffering from mental health issues, I highly recommend that they seek help. or are great ways to reach out to a licensed therapist and get the help needed. Therapy has 100% helped me and I know it can help you.

4 thoughts on “Financial Stress in Grad School

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