Top 10 Money Saving Tips for Students

From freshers to third year, money is (sadly) always an issue at uni. But with these money saving tips, you'll be able to make it a bit easier to have a great time 💸


Freshers week

Avoid extravagant spending during freshers week so you can stretch your first loan payment further into the term. It's easy to spend large amounts during the first few weeks, so always predrink rather than spending money at bars, and get on the guest lists for clubs to avoid entrance fees. It doesn’t sound like much, but over the course of freshers week this can soon add up.


Share food

Food shopping can be expensive on your own. If your house sharing, which you most likely will be, look to budget as a group and cook together. You will save so much money and often have enough food to last.


Student discount

Student discount is available on just about everything (seriously, it's great 💸). Look out for big discounts from your favourite restaurant chains, and some of the most recognised clothes stores also offer great promotions for students. There are discounts at cinemas, bars and clubs too, so keep your eyes peeled.


All inclusive accommodation

Choosing all inclusive accommodation to cover your bills and utilities is a great option to save some money and time. There's no more arguing between friends about keeping the heating on, and you know exactly how much you are paying each month, allowing you to budget much better.


Save money on travel

Travelling can be a massive expense at university. Going home at weekends or going to see friends in different cities all adds up. Car share whenever you can, as it’s a great way to save money and split the cost. Or, if traveling by train, get a 16-25 railcard to save a third on rail fares, which is great when travelling home to see family.


Sell unwanted items

You'll probably gather lots of junk while at university. Rather than binning it all, look to sell your old textbooks, clothes and nicknacks online. You’d be surprised how much money you can make if you sell things you don't need anymore.


Money saving apps

Look out for apps and websites committed to student savings. You can often find discount codes and deals on the daily, not to mention free deals on fast food (hello Greggs 😍). It's deffo worth looking into if you have a spare five minutes, and these websites will also offer great budgeting tips on just about everything you need to know.


Avoid the brands

These days, non-branded items can be as good as the branded versions. They might not seem as glamorous, but they offer great value... and a lot of the time you can’t tell the difference anyway. Avoiding the branded items, especially in supermarkets, can give you big savings.


Get a side hustle

Find a way to earn extra cash while studying to make the most of your money. You don't have to get a part-time job to make some extra cash, but look out for online surveys for market research or focus groups which you can often get paid for. You could even earn vouchers for some of your favourite shops. Deffo a nice bonus while you’re studying.


Predrinks

Predrinking is the best way to save money. Prevent spending your cash on £5 pints when you're out-out by getting your group together to drink your heart out beforehand.


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