Before you do anything
Don’t be dazzled by your first student loan payment – work out how much money you have per week and stick to a budget. You can’t afford to be spending what you don’t have.
Keep a change jar
It’s easy to chuck change to the bottom of your bag, forget about it, or lose it. But a little change can add up to a lot at the end of the month! So make sure to save the change you get after nights out, coffee shop trips, weekly shops, and save it aside.
Shop in charity shops
You may be surprised at what high-branded goodies you might find in charity shops. Macklemore made a song around thrift shopping for a reason! It’s a great way to save money, especially if you’re on a tight budget, and great if you’re environmentally conscious.
Don’t let the Cookies catch you out
Ever notice that sometimes you’ll look at buying something online (like flights), and then when you come back in an hour the price has gone up? This isn’t because there is real demand, it is because companies sometimes use your cookies against you. They see that you’ve been looking at buying something and they start to increase the price to make you panic buy. If you browse using private browsing (or incognito mode) this won’t happen.·
Save on your train travel
Book train & coach tickets in advance. Better yet, purchase a railcard for 18-25-year-olds and you can get up to a third off your ticket costs. Great for if you’re travelling a lot!
Use your student discount
Always look for the online voucher code before you buy online! As a student, you can access myunidays and use your NUS discount at applicable online and offline stores.
You can also get a discount on Amazon Prime (free for 6 months), Spotify and Netflix.
Living in private accommodation?
If you move into private accommodation and you pay bills separately, switch your utilities immediately! When you move somewhere you will be put on the expensive rate as standard.
Spending for your course
Don’t buy all the books on your reading list! You might find that you didn’t need those books in the first place. Instead, use the library, and check Google Scholar. If you really want a copy, buy it second hand!