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Top Money Saving Tips for Students

For many people, becoming an undergraduate student is the first time they’ve had to think seriously about budgeting. Whether you’re living on maintenance loans, part-time wages or an allowance from your parents, you’ll likely need to make your money go further than you realise. So, check out these four top money-saving tips for students that don’t limit having a good time.

Railcard or Coachcard?

Whether it’s a Student Railcard or a National Express Coachcard, make the most of travel discount cards. These are especially sensible for students who don’t drive and who plan on regularly going home or visiting friends in other towns and cities. Most railcards offer around a third off the standard price. You can save even more money by booking tickets in advance.

Cook from scratch

Cooking from scratch  can save you hundreds of pounds every month. Plus, you’ll learn some valuable life skills.

Even making packed lunches rather than buying meal deals will save you a lot of money in the long run. Your Student accommodation in Exeter will be equipped with all the appliances you need to cook up a storm, but you’ll need your own pots and cooking accessories.

Stick to your night-out budgets

Choose how much you want to spend on a night out and get that amount out in cash. Then, leave your bank cards behind. This is a very sensible way of sticking to your night-out budget and prevents you from buying rounds of drinks you’ll regret the next day.

Happy Hours

It’s called ‘happy hour’ for a reason. Heading out between 4 and 7 pm can often mean half price for drinks, but beware – if you stay out all evening, you’ll still end up spending more money. Consider turning your evenings upside down by going for an early ‘happy hour’ drink then having an early night, or even drinks back at your student accommodation in Exeter.

These tips will see you travel for less, eat for less and even party for less, hopefully leaving you with enough money to get all the way through term.

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