2026-07-06 19:34:35 5 Ways to Cut the Cost of a Digital Gaming Hobby – NEW WTOP Skip to main content

5 Ways to Cut the Cost of a Digital Gaming Hobby

Digital gaming is more popular than ever, with more than $30 billion spent in 2016 on video games and 67 percent of U.S. households owning a device used to play those games, according to a 2017 report from Entertainment Software Association.

As with any hobby that involves acquiring things, a digital gaming passion left unchecked can quickly turn into an expensive pastime. Many players have extensive collections of games and buy them in large numbers. For example, the average Steam account, a popular online service for purchasing computer games, has 11 games associated with it, with many having even more. Millions of users subscribe to pay-to-play online games such as World of Warcraft, and millions more participate in games that have popular microtransaction schemes, such as League of Legends and Clash Royale.

This can add up to a lot of money spent on digital gaming each year, and for some gamers, their habit can have a seriously negative financial impact.

As with any spending habit, there are many steps you can take to cut that spending without leaving behind the hobby. Here are five simple strategies for saving money on your digital gaming.

[See: 12 Ways to Be a More Mindful Spender.]

Buy games to play, not to collect. It can be tempting, especially during sales, to buy several digital games at once with the intent to play some at a later date, but it is also incredibly common for gamers to wind up with enormous backlogs of games left unplayed.

The solution here is simple: Only buy games if you immediately intend to play them. If you’re buying a game that you might play someday, leave it in the cart instead. You can always add it to your collection at a later time, even if it’s on sale, as it will likely be on sale again in the future.

At the same time, take advantage of online sales. If you do have a desire to play a particular game, wait until it goes on sale. Many online game providers have a “wishlist” service, such as Steam’s Wishlist feature, which will watch for sale prices. There are other sites that run regular features outlining hot game sales.

Not only does waiting on a sale save you money, it also gives you time to evaluate whether the game is something you’ll really dig into playing. Is this a game into which you want to invest a lot of hours? Or is this just a game that happened to look cool in the moment? Waiting for a sale gives you time to figure out which group the game is in, and you’ll often find that if you wait, the desire to own the game at all will fade away.

[See: 10 Money-Saving Websites to Check Before Shopping.]

Set clear gaming goals for yourself. Once you do have a game, set a goal regarding playing it. Perhaps you will aim to simply beat the main quest line in a story-based game. Maybe you’ll aim to finish all of the levels in a puzzle game or achieve 90 percent of the achievements in an adventure game.

Whatever you decide to do, choose a goal that will encourage you to explore the game in depth and give you something to work toward over time, so you keep coming back to that same game. A good personal goal will drastically extend the amount of time a person spends playing a game and decrease the cost-per-hour of entertainment time devoted to that particular title. That’s called savings.

Wait for the dust to settle. When a new game comes out, digital gaming media is often loaded with breathless reviews and play-through videos, which are extremely effective at increasing excitement and presenting the game in the best light. Often, those initial reviews and play-throughs don’t give any indication as to the true quality or staying power of the game. Does it provide more than a few hours of fun? Will it stick around and have players after the first month?

Give the dust some time to settle and let the cream rise to the top. You may find that the game you’re excited to buy isn’t as great as it initially seemed. Plus, if you wait a bit, you’ll likely be able to get on board with a sale and save money on a good game rather than spending a lot on a mediocre new game.

[See: 12 Shopping Tricks to Keep You Under Budget.]

Have a strong plan regarding microtransactions. Many games involve microtransactions — small purchases that enable new gameplay features. Many games encourage a steady purchase of microtransactions in order to maximize enjoyment of the game, and that can end up being a steady drain on your wallet.

Be careful when considering a game that features these kinds of microtransactions. If a game constantly wants you to fork over small payments in order to earn minor in-game rewards, it’s probably not worth your time or money, not when there are so many other good games out there. Consider looking elsewhere for your digital entertainment.

Digital gaming can be a wonderful hobby, but it can be a pricey one, too. Approach it with smart principles, and you’ll find that you can have a lot of fun without breaking the bank.

More from U.S. News

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5 Ways to Cut the Cost of a Digital Gaming Hobby 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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