Our Debt Free Family

Commit. Plan. Take action.

  • ABOUT
  • CONTACT
  • FREE FB GROUP
  • FREE DEBT REDUCTION TOOLS
  • GET OUT OF DEBT
  • Privacy Policy
You are here: Home / Uncategorized / 5 Tips for Saving Money as a Student

5 Tips for Saving Money as a Student

October 3, 2018 | Leave a Comment

save money as a student

It is no secret that students are struggling as much as ever to make ends meet.

Student loan debts are imminent and for the most part, they aren’t even covering your living expenses in the first place. If you happen to be in a city where rent is extortionate and landlords and estate agents don’t appear to be very sympathetic towards your economic situation, it can be very tough. With the extra money saved you can use it for a little extra entertainment during the hard year of studying by visiting slotsbaby.com.

For most students, this is also the first time they have lived away from home, too, so additional challenges alongside that incoming deadline include money management, learning to cook for yourself every night and how to sort out house admin that you didn’t know exist like ‘meter readings’ and ‘TV Licences.’ But fear not, here are 5 tips on how to save a bit of money as a student.

  1. Find a part-time job that suits you

For some courses, work outside of your course might not always be possible. A 3000 word essay can provide you with enough to think about without having to worry about working in a cafe or bar. However, if you find a job that is tailored to your student schedule, take advantage of it. Extra money here and there can go a long to providing you with a month free from stress about finances, allowing you to focus your stress on essays.

  1. ‘Do you do student discount?’

Every time you’re at a vil with your debit card in hand, don’t be scared to ask if student discount is available or if there are any student deals. There’s no shame in saving a bit of money and, assuming that you’re living in a student town, those businesses not taking advantage of a possible market are silly.

  1. The living room can be the best pub of all

Even for non-students, the price of a pint these days is causing people to wince.

But, when you’re on a shoestring budget, get creative with how you spend your downtime and how you spent your money. Beers from the off-licence or the supermarket work just the same and, if you’re drinking with friends in your own home, you’ve got the advantage of your own music, your own sofa and your own rules.

  1. Learn to cook

Takeaways are great – especially when you’ve been so long in the library that the thought of turning the oven on is a step too far.

However, learn to cook and learn to cook efficiently, and you’re going to save so much money. Simple meals like a pasta sauce or something more fancy like a ramen soup are great ways to use cheap ingredients and make something much more substantial. Find your go-to meals and make them in bulk, that way you’re only cooking once or twice a week.

  1. Don’t stress

Maybe the most important tip of all is simply not to worry. To eliviate some stress you could try online slots to win prizes at places like slotsbaby.

Financial issues are normal as a student and there’s a whole generation of people going through the same struggles as you. Speak to your friends and peers about any issues you have and, once you realise you’re not alone, that piggy bank may appear half-full rather than half-empty.

Filed Under: Uncategorized

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Facebook
  • Pinterest
  • RSS
  • Twitter

 


Five Steps To Debt Freedom

Here are five simple guidlines that will help you pay off debt.  

1) Get an emergency fund so you don’t take on debt when something comes up.

2) List your debts. This way you know where you stand.

3) Use the debt snowball. Pay your debts from smallest to largest, or most expensive to least expensive.

4) Avoid new debt. No new credit cards or loans. Period.

5) Go all cash. After everything is paid off, switch to all cash.

Helpful Resources

The Free Checklist for a Strong Financial Plan

U of Tennesse Debt Repayment Plan Basics

Vertex 42's Debt Payoff Calculator

Savingadvice's Helpful Debt Forums

Jackie Becks Debt Blog

Our Most Popular Articles

How Alice and Scott Paid off $200,000 in Student Loans

Learn How Christine Paid off $500,000

Use the Debt Snowball to Create a Payoff Plan

Do Nothing and Save Money with the Paribus App

Thanks To Our Advertisers

Get the tools to start living debt free! Learn more…

Need a title loan in Jacksonville, Florida? Go to 1-800 Loan Mart. Fast and easy applications.

Copyright © 2022 Runway Pro Theme by Viva la Violette