When you start university, one of the most difficult thing to get a grasp of are your finances. It is not secret that students tend to be bad at budgeting and saving, and what with the higher price of tuition fees as well as living costs, it is more important than ever to make sure that you make every penny that you spend matter. Keeping an eye on what you spend does not have to be as difficult as it may seem though, as there are a number of things that you can do to cut costs on a day to day basis.
Saving On Food
One of the best ways to save on groceries is to plan ahead and buy everything that you need for your meals in one go. If you have a menu planned for the week, it will mean that you can plan exactly what ingredients you need and get them at the same time, instead of going to the shop every day and spending more than you need to. It is a good idea to try and shop at the budget supermarkets such as Aldi and Lidl when ever possible, and buy budget brands which generally tend to cost a lot less. This does not mean that your meals have to be less tasty, because a lot of supermarkets own brand products are very good these days.
Saving On Books
Even though a lot of studying is done online these days, you are still likely yo have to fork out for quite a few books over the duration of your course and the price for them can add up if you are not careful. One way to make sure that you are not wasting money is to buy second hand books from older students or from online auction sites. The content of your books will be exactly the same and it makes no difference at all if they are slightly tatty.
Make Use Of Voucher Codes
If you are the type of person that likes to do a lot of shopping online, you have no doubt come across boxes when you are checking out which say ‘enter promo code here’, or something very similar. If you don’t know what promo codes are, they are basically coupons which are issued by stores which give you a discount on what ever you are buying. They have become very popular in recent years and websites site such as Fliggo list hundreds of vouchers for just about anything that you can imagine.
Look Out For 2 for 1 Offers
Everybody likes to treat themselves from time to time, and if you fancy popping out for a bite to eat, pubs and restaurants are falling over themselves these days to offer 2 for 1 deals. Many of these types of promotion mean that you have to eat at a certain time or on a certain day, but if you are flexible then you can really make a saving. Look in local magazine, newspapers and online to track down these special offers. It is also worth signing up to newsletters as most restaurants send out weekly deals that you would otherwise be unaware of.
Recycle Your Old Gadgets
Most people have an old smartphone or tablet hanging around somewhere that they are never likely to use again. If this sounds like you, why not dig it out of the drawer and get some money for it. There are plenty of companies who take your old gadgets, give you the cash for it and put it to good use. Not only are you helping your finances but you are also doing some good for the environment too.
For more advice for students, check out our guide to surviving student life.