Most students have to face the issue of trying to make their finances last as long as possible, but it can be difficult if you’ve never had to budget before. That’s why we’ve come up with some great suggestions on how you can make your money last longer, so you can sail through university without any cash flow worries at all.
– Sign up to coupon websites
One of the simplest ways to save money is to use discount offers and coupons that can be found on a variety of websites. You can use Groupon.co.uk or LivingSocial.com to find out about deals going on in your area, or you can sign up to sites such as BzzAgent.co.uk, which sends you products that you review. This means you can receive things for free and you get to discuss them with your family and friends.
You can also find hotel offers with websites such as LastMinute.com or KGBDeals.co.uk so you don’t have to miss out on weekends away just because your budget is tight. This is ideal for international students who want to make the most of their time in the UK by seeing as much of the country as possible.
– Seek out charity shops
Students typically love charity shops, but if you seek special ones that always seem to have good bargains, you can find some true gems. Charity stores in fancy areas, for example, give you the opportunity to take home some designer pieces for a fraction of the cost and this way you’ll know that the item you’re getting is of a high quality.
– Save on energy costs
Something students will not be used to paying is their energy tariffs, so getting their first bills might come as a bit of a shock. A lot of student accommodation doesn’t include any bills in the rental fee, so students have to be savvy over which provider they choose and how they reduce the amount of energy they use.
As well as only using the heating while you’re in the house, keeping windows closed and turning off lights and electrical switches when you don’t require them, you could make the most of price comparison sites to see whether you can get a cheaper tariff elsewhere. Check out MoneySupermarket.com or TheEnergyShop.com to compare the cost of a similar deal with another provider.
– Online surveys
As well as saving money, there are ways you can make some cash, including filling out online surveys. There are a number of websites that pay you for your view points, including ValuedOpinions.co.uk By taking market research surveys through this site, you will be given gift vouchers, so you can save money when it comes to buying presents for family and friends or use the vouchers to get some treats for yourself.
Another means of making money quickly is by using cashback sites, which work by paying you when you click through the webpages and spend money on the products listed. Join TopCashBack.co.uk or Quidco.com and you can earn money by shopping at a number of retailers, leisure companies and utility providers.
– Cut the price of eating out
When you’re a student, your social life is of paramount importance, so you might find yourself spending lots of cash eating and drinking out. However, there are ways to cut the amount you spend; for instance, you can sign up to TasteCard.co.uk, which gives you huge discounts on a large number of restaurants around the UK, including Ask Italian, Pizza Express, La Tasca and Zizzi. You can get two-for-one offers or 50% deals on thousands of eateries, wherever you are in the country.
The card itself costs £79.95 a year but if you tend to eat out a lot, you will easily save this by splitting the price of the food bill with whoever you dine with.
Another great tip for the evening is to go to free local screenings of the latest films, instead of spending lots of money at the cinema. Sites such as ShowFilmFirst.com give you a list of where you can find complimentary showings, which enable you to catch the best movies without spending a thing.
These are just a few of the many ways you can save some money while at university, but even if you follow just some of these tips, you’ll be on your way to making your budget stretch significantly further.