There are several ways students can save and stretch their money further when living in student accommodation and attending college. Some tips to do this the right way and to be able to make it to the end of the month for the duration of the academic year are:
1# Buy second-hand books
Once you know which books you will need to buy for your classes, you should check providers like Ebay and Amazon to see if you can buy any of the books second hand.
There are also many adverts in colleges, on Facebook and around campus about second had books and materials.
Another option is to get some of the books from the library for a limited amount of time.
2# Plan a weekly expenses’ budget
With proper planning you can avoid financial stress and focus on your studies at university. In order to be able to plan an efficient budget you will need to check the student living costs where you live and calculate how much you’ll need to spend in order to cover these costs and other expenses each week.
3# Open a student bank account
Most banks offer student bank accounts with perks like interest-free overdrafts, free railcards or coachcards, and vouchers.Research your options well, ask for advice and consider the account benefits carefully, paying special attention to possible charges.
4# Find ways to save money on daily things
When you are students you can get student cards that will entitle you to discounts in several services. Depending on where you live you may get discounts for clothes, coffee, food and even transport. You can visit your university for advice on these matters as they usually have brochures listing all these discounts for students.
5# Consider getting a part-time job
This is good for experience and career skills but it will help you to sustain your lifestyle with more comfortably. :
- Check job websites for seasonal jobs or part-time.
- Visit your student union or your university for opportunities that they may get for students.
- book an appointment at a recruitment agency
- Apply with your CV to shops, supermarkets and bars in the city.
6# Shop smart
Eating outside is great but you will find that cooking things yourself will save you tons of money so it may be worth to give it a try.
Try shopping once a week and if you share an apartment maybe it is good to go with your flatmates. This way you can buy items in bulk and then split the cost
Try shopping in cheaper supermarkets such as Lidl or Aldi. Other supermarkets (like Tesco) are a bit more expensive but it has the advantage that you can shop online and they deliver home.
7# Add some Apps perfect for student life and budgeting
It is worth considering some apps that will make your life much easier as they do the hard work for you. Some of the apps you can look into are:
- Fatbrain is the app you need for selling and buying textbooks. Unlike other sites, the app scans barcodes and ISBNs so you don’t have to enter them manually. Postage is also free of charge. iOS and Android, free
- Circle allows people to send and receive money instantly and securely. It combines social messaging with money transfers so you can send money with an instant message along with emojis and GIFs. Friends can split restaurant bills, housemates can split utility costs and users can make payments in different currencies for free. iOS and Android, free
- Zipfit is ideal for students who want to sell games, Blu-rays, DVDs, CDs and books. Users scan a barcode and the app instantly offers the price for each item. The items are collected from a local pick up point (or direct from you if over 10kg). iOS and Android, free
- Send Anywhere enables users to send any sized document to anyone. iOS and Android, free
- Pouch is not an app but it is a browser extension that displays all of the valid discount codes for any website you browse. Free