NTU Students

How to save money: Smarter Spending Tips

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.

Who is cutting your hair?

Going to newly-trained or trainee hairdressers – they’re often heavily supervised and super-keen to make a good impression so they take their time to do a great job!

    Groupon vouchers

Groupon is a great way of finding local deals at a discounted price. Also great if you’re looking for festival/experience day tickets and presents for loved ones.

Stop with disposable cups!

Buy a KeepCup (other products are available!) and then take hot drinks with you. Or if you are adamant on buying hot drinks out, then you may find many cafe’s will give you a discount if you bring your own cup.

Exercise for less

Use the SU gym rather than high street or premium. You can usually strike a better deal and choose a membership that fits around your lifestyle (off-peak membership, for example). Another reason why you should join the SU gym is that you’ll be around the student community and may find yourself meeting new people when you attend some of the exercise classes they have on offer.

Or, Exercise for free!

Park Run is free! By joining your local park run (Google it), you’ll be meeting a variety of like-minded people in your local community. It’s a great way of testing and developing your fitness without needing to pay for the gym.

Pay less for your phone

Buy sim-only deals in between phone contracts – only upgrade every other time. Phones will generally be fine for spending another year after you’ve paid off the handset. Using this method, you could save yourself a couple of hundred pounds in a year.

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!

ntuoutreach
Blog Administrator. Currently ran by co-author Emilia Denis. Emilia has studied Fashion Communication and Promotion at NTU between years 2017 and 2020.

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