What Is The Difference Between Investing Or Overspending In Your College Textbooks?

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Published: 06th February 2017
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Wikipedia states that investing is: Investing is matter, energy, or time spent in the hope of future benefits actualized within a specified date or time frame. If you purchase a textbook for college brand new you usually have one of three plans for that textbook after the class is over.
1. Sell the book. Some college bookstores have a buyback program that allows you to sell your textbook back to them so they can be resold as used books for the next semester. Or you may want to try selling the book yourself through word of mouth, online, or homemade flyers.
2. Really have no plan whatsoever, therefore you find yourself holding on to your books for years collecting dust.
3. Purchasing a book as an investment. It could be put like this, spending the money on this textbook in hope that in the future, it will benefit me within a certain amount of time. An example, may be if your textbook was on Health and you ended up teaching that subject to high school student. The college textbook could be used as a reference book in addition to the textbook used in the school system.

Wikipedia states that a balanced budget is: A budget in which revenues are equal to expenditures. Therefore overspending would refer to a budget which the revenues are below expenditures. Take into account that when a college textbook is purchased, it then decreases in value.
So to buy a textbook at full value just to resell it way below its value is not an investment. And you may find it useless in the future, so it would be an unwise transaction.
One solution would be to go the Department of Textbook Rentals and rent the books that are alternative classes, or the books you will not need after your class is completed. It is easy, quick, and convenient to get your books mailed to you, shipped free both ways. You may even find the textbooks you need to buy cheaper.

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