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6 Big Budget Apartment Items Worth the Splurge

When you’re on a budget, you’re always looking for ways to save — whether that means using coupons while grocery shopping or only searching for clothes on the sale rack. But when it comes to outfitting your apartment, there are certain items that are definitely worth the splurge. Paying more for these six things can improve the functionality of your apartment and prevent you from having to replace them later on. Don’t be afraid to spend a little extra on these six items:

1. A good mattress. You sleep in your bed every night, so why wouldn’t you want to invest in a mattress that’s actually comfortable? It may seem like a lot of money to spend, but you’ll be happy you chose the higher-quality mattress when you’re not tossing and turning at night. Choosing a good mattress means a better night’s sleep, which is necessary for your nervous system to function properly. According to the National Institute of Neurological Disorders and Stroke, a lack of sleep can impede concentration, memory and physical performance. Don’t think of it as paying for a mattress, think of it as paying for a great night’s sleep and peak neurological performance.

2. A couch. You don’t want to have to buy a sofa each time you move into a new apartment. Instead, invest in a comfortable, luxurious couch that you can take with you wherever you move. Expensive, high-quality furniture is built to last you a long time, so you know your money won’t be going to waste. Before you buy a sofa, however, consider the style and color. It may be best to purchase a neutral hue couch that will match a variety of apartment styles. You might love that bright green now, but will you love it as much three years from now?

3. Internet speed. There is nothing more frustrating than staring at a screen waiting for a page to load. A speedy Internet connection is a must, especially if there are several people living in your apartment. Without a solid connection, more than one person using the Internet at the same time can really slow down your Internet speed. A high-speed connection is even more imperative if you work from home or if you plan to cut cable for a video streaming service. Conversely, you don’t want to overspend on your Internet service if your use is minimal. The Federal Communications Commission offers a Household Broadband Guide to determine what Internet speed is right for you.

4. Crockpot. There’s no way around it: Americans are busy. If you want to avoid going out or ordering in, but don’t have the time or energy to cook, you’ll want to splurge on a quality crockpot. When you’re getting ready in the morning, toss the necessary ingredients into the crock pot and turn it on. When you get home, you’ll have a hot home-cooked meal waiting for you. Plus, you can make just about anything with this kitchen appliance. Cook a pot roast, whip up some chili or make oatmeal at night to have it ready when you get up in the morning. You can also bake desserts like chocolate lava cake or cheesecake.

5. Kitchen knives. Have you ever tried to chop vegetables or meat with a cheap, dull kitchen knife? Cheap knives don’t slice well, and it ends up taking you twice as long to prepare dinner when you use them. Not only is using cheap knives extremely frustrating — it’s also dangerous because they generally have move flexible blades, making it easier to slip and cut your fingers. Be willing to spend the money on a great set of kitchen knives and a knife sharpener. High-quality cutlery will last longer, preventing you from having to buy a new set frequently.

6. Vacuum. A dirty carpet is an easy way to lose a portion of your security deposit — especially if you have pets. With a reliable vacuum cleaner, you’ll spend less time cleaning the floors and you’ll spend less money repairing or replacing the machine. If you have allergies, you should also consider investing in a vacuum with a High-Efficiency Particulate Air filter, which traps more than 99 percent of dust particles.

More from U.S. News

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6 Big Budget Apartment Items Worth the Splurge originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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