Money saving tips

fkeiwed

Find out what you need

There are certain items that you will need to have cash for every week and there is no escaping it.

These are the things you need to budget for carefully so that you can always afford to purchase the essentials.

When you start to add up what your necessities will cost you, don’t forget to include:

Rent
Heat
Electricity/gas
Water
Food
Telephone/internet
TV Licence
Council Tax
Transportation
Study supplies (textbooks, paper, photocopies, etc.)
Tuition fees
Emergencies (doctor and/or dentist, medication, etc.)

Think about what you enjoy

When you’ve made a list of the absolute essentials, this is the bare bones of your budget.

This means that you could live without spending money on anything else at all, though you probably wouldn’t want to!

If you can afford to spend a little more money, you may want to consider allowing for one or more of the following in your budget:

Coffee or a meal out
A few drinks at the weekend
A new item of clothing or two
Entertainment (DVD rental, cinema tickets, etc.)
An affordable splurge (a new CD, tickets to a sports match, etc.)
Savings contribution.

Realise what you can live without

Unfortunately there are some things you will realise you will have to live without during your time as a university student.

The following are some things you shouldn’t really be thinking about splashing out on:

Gourmet cuisine
Designer gear or shoes
Unnecessary technology (big screen television, video game console, computer games, etc.)
Weekends away and other short breaks
Sun or ski holidays

There are things you can make happen...

Although splurging money isn’t an option for most students, there are other ways of making good things happen. Remember that you can always:

Walk instead of fill up the petrol tank (if you have a car)
Borrow books and DVDs from the local public library
Swap clothes and accessories with friends
Find new clothes at discount clothing stores and charity shops
Host a supper at your digs rather than going out
Use the University computers and Internet connection
Take advantage of a student health centre or gym
Always carry your student ID with you so you can get reduced-price tickets to cinemas, exhibits, theatre shows, restaurants and more
Living on a shoe-string budget can be tough, but it’s also a great chance to be creative and find out just how little money you can live on.

Most students find their days at university are rather frugal, but as long as you make a realistic budget and stick to it, there’s no reason that they have to be punishing!:money:

Browntoa

complete "cut and paste" from


https://www.studential.com/university/freshers-guide/student-budgeting


Find out what you need

There are certain items that you will need to have cash for every week and there is no escaping it.

These are the things you need to budget for carefully so that you can always afford to purchase the essentials.

When you start to add up what your necessities will cost you, don’t forget to include:

FiFi_Mad_Mum

Scottish students can use their Young Scot card and save on train fairs.
http://www.transport.gov.scot/public-transport/concessionary-travel/young-scot-card
They can also save on other purchases up until their 25
https://www.mygov.scot/young-scot-card/what-is-a-young-scot-card/

HTH 😊

fkeiwed

yes, I just came across the post and thought it is helpful to student money saving, so I shared it here.:)

Voyager2002

fkeiwed wrote: »

yes, I just came across the post and thought it is helpful to student money saving, so I shared it here.:)

Not helpful at all, since virtually all students are exempt from Council Tax, while intelligent students have better things to do with their time than watch TV and so don't need a license.

Browntoa

I see your "friend" has spammed a USA coupon site as expected