Wouldn’t it be amazing to win the lottery and not have to be careful how you spend your money? Well, unfortunately for most of us, life isn’t that simple (I know, sad times)
However, it is possible to make your life just that little bit easier with these student budgeting tips!
First of all, DO NOT GO FOOD SHOPPING WHEN YOU’RE HUNGRY. Every meal and item of food will seem like a good idea at the time, and then you’ll get the bill and want to cry. Shopping on a full stomach means you’re more likely to think rationally and buy what you actually need.
Secondly, HAVE A MEAL PLAN. It may seem like an over-the-top kerfuffle, but it is a lifesaver. Organise what your meals will be each day of the week, and not only will it make your cooking and eating time much easier, you’re less likely to over-spend!
Thirdly, COOK WITH FRIENDS. If you share the cooking with your friends and flatmates, then your food bill will be cheaper anyway. Not only that, but it makes meal times a lot more social and fun!
BUY IN BULK. It may initially feel like you’re spending a lot, but you’re actually not. If you know there is something that you always buy, get it in bulk, so you don’t have to spend more time and money going back and forth to stock up!
DON’T LEAVE PURCHASES TO THE LAST MINUTE. If you see your favourite regular products on offer (e.g. Toiletries) but you’ve already got some at home, don’t hesitate to still grab the chance to get them cheaper.The chances are, when you finally do run out of that product, the offer will have ended and you’ll have to pay more (#gutted).
BUYING NEW BOOKS IS NOT ALWAYS NECESSARY. When you get your reading lists, look around to see if anybody else has those books, and are willing to book swap or lend. Buying used/second-hand books for less is also an option too. Plus, you can always check with our Library to see if there are any copies to borrow from there! #WeLoveRoeyLibrary
ADVANCED TICKETS. If you know you have plans to travel somewhere, try getting tickets in advance if possible; they are often cheaper!
RAILCARD. Railcards. Will. Save. Your. Life. Ticket prices are getting more expensive nowadays, so use that railcard to help put the price down as much as possible! There’s a 16-25 card, and now a 26-30 one too!
4. TOTUM Discounts
STUDENT DISCOUNT – Two words that are like music to your ears! Something that all students should use to their advantage!
TOTUM (new version of NUS Extra card) brings you over 200 UK discounts, including:
- 10% off at Co-op
- 10% off at ASOS
- 25% off at Odeon
- Up to 40% off at Las Iguanas
And SO much more! It also comes with 1-year free ISIC, providing over 42,000 international discounts.
(Basically, if you want to save money on pretty much anything, get a TOTUM Card!!
And there you have it! Those are just a few easy-peasy-lemon-squeezy things to do to help you save money as a student.
You can try some of these tips, all of them, or if you have any of your own, don’t be afraid to share them with us. Whatever floats your boat!
Either way, student life doesn’t have to be hard, and we think you all deserve a stress-free time!