Advice Hub

June 5, 2011
 

Money Saving Tips

More articles by »
Written by: Kyle Raffo
Tags: , , , , ,
Break The Piggy Bank

When your a student theres a good chance that money is going to be tight, and you’ll need to conserve it as much as you can. The key is to know where your money is going and by putting together a budget you will see if there is anywhere that you could tighten your belt.

These are some main areas of spending which could probably be tightened up.

Food

Large savings can be made in this area and with a little thought you can make sure you eat both cheaply and healthily, best of all is that you dont need to be Jamie Oliver to do so. Learning some basic cooking skills will be very useful. You don’t have to cook extravagant three-course meals every night but knowing a few culinary tricks should stave off the lure of the takeaway or other overpriced, pre-packaged foods. There are a few easy-to-cook meals that you can cook such as soups, bolognese, chillis and curries; you can make loads of these pretty cheaply and very easily. It’s also worth buying in bulk and cooking for each other if you live in a shared house. Bulk buying works out a lot cheaper, also if you check out your local markets you will find some of the cheapest deals. Try to take sandwiches or a packed lunch if you’re going to be out all day; buying lunch out regularly can get very expensive!.

Entertainment

Nearly every student enjoys night on the town and a drink, or two, however booze is expensive, especially in pubs and clubs. Many students have a few drinks at home before they go out to avoid paying too much.

The best way to save yourself some money is to keep a look out for student nights and happy hours where drinks are a lot cheaper. If a few of you enjoy watching films then you could think about renting a DVD and all chipping in, then having a weekly film night at each others’ houses. This is a great way to enjoy a night with your friends and not spend too much; you can buy some popped corn aswell and its cheap as chips.

Clothes

Just because you’re a skint student doesn’t mean you have to give up on fashion. At the same time, it’s unlikely you’ll be able to afford to deck yourself out in the latest designer finery either. One option is to avoid spending your own cash at all by asking for clothes for birthdays and Christmas. If you do shell out on a new outfit or two make sure you take advantage of any student discount offers which are available.

It’s also worth checking out charity shops if you have some spare time on your hands. You could well bag a bargain for just a few pounds, and cultivate an original and individual look at the same time.

Books

As a student you will obviously need to buy some books. However, that doesn’t mean that you need to run out and buy everything on the reading list straight away. Wherever possible use the library or secondhand book shops. You could also photocopy relevant chapters (if you only need a few).

When you have finished with your books it’s worth selling them to secondhand book shops. You won’t make a fortune but every little helps and you’ll be getting rid of clutter at the same time.

 





 
 

 
best-current-account

Getting a Current Account

If you’ve grown out of putting money in a piggy bank, it’s likely that you’re ready to open a current account. Current accounts are just another name for a simple bank account, and they allow you to withdraw m...
by Kyle Raffo
 

 
 
Students 5

Choosing your housemates

With a bit of luck you will have been living in the University’s halls of residence for a year before you have to make this decision. During that year you will have hopefully developed a network of friends that you can le...
by Kyle Raffo
 

 
 
Property_Information

Starting the search for your Student Accommodation

The best way to start is with a list of local Landlords and Letting Agents, however there are also many other ways that you can find yourself some accommodation and this article will explain each of them. Letting Agents Letting...
by Kyle Raffo
 

 

 
Student_accommodation

10 things that every student should know before renting

Your biggest expenditure whilst you are a student is your rent, unless of course you plan on some very heavy drinking, which is not going to get you a first and will only get you in to debt. Know your rights and make sure you a...
by Kyle Raffo
 

 
 
tietgen_student_housing_01

Choosing the best type of accommodation

If you are about to enter the world of Student Accommodation for the first time there are several important decisions to be made; this includes where to live and what type of accommodation to get; fortunately you have a many...
by Kyle Raffo