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Is it possible for everyone to save money?
studentphil
Posts: 37,640 Forumite
If you only spend a small amount each week, is it still possible to save money?
If you only buy a travel pass and the odd Sandwich, I do not see how it is possible to save money.
If you only buy a travel pass and the odd Sandwich, I do not see how it is possible to save money.
:beer:
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Walk. Don;t buy the sandwich.
There's always scope for saving money!
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other students should be able to help you with this I am a Senior Forum Ambassador and I support the Forum Team on the Wales, Small Biz MoneySaving, In My Home (includes DIY) MoneySaving, and Old style MoneySaving boards. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0
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Assuming you have your student loan of £4000 a year, and work part time, say 10 hours a week for £6 an hour thats £76 a week and £60 = £136 a week. We'll assume rent in student digs is £50 a week and elec/TV/gas/water amounts to £25 a week thats £75 a week leaving £61 a week left over.
£15 for food, £5 for buses £5 for "the odd sandwich" =£25 leaving £36 a week to save!
This could be increased if you receive any grants, parents contribute to accomodation, or work more hours. If you pay your own rent and don't qualify for any grant you have a strong chance of getting help from the Access to Learning Fund.0 -
I save 10% by standing order each month.
If you don't see it, you can't spend it.
I'm also quite generous as I have enough to live on and some of my friends scrape by.
It also helps that I've now started doing matched betting! Although the aim is to earn enough to pay off my overdraft at some point in my lifetime.0 -
Unless you're the tighest tightwad ever, it's always possible to save.
Make your own, for example.the odd SandwichHappy chappy0
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