Students’ money saving tips from National Student Money Week

 

Thank you to all the lovely students who shared some top tips with us at the Money Week stalls a couple of weeks ago. 99% are sound suggestions which we want to share with you all.

We’ve divided them into themes, making them easier to digest:

Wellbeing
Make a budget and stick to it. Ensure you have a little money for yourself as its important to indulge yourself once in a while
If you are eating basic food all week try and give yourself a treat once in a while, a film, take away so you have something to look forward to
Various
Save your change
Listen to sound advice Old Vallarta Streetart
Have an end goal and budget for it save a little each month
Don’t go out
Eat moderately
Don’t eat out
Rent and bills are expensive start saving early
Make a budget and stick to it
Work out a weekly budget and make a note of your savings each week if any
Every £5 you come into contact with you must save
Try to have a no spend day once a week
Keep track of your money withdraw your allowance once a week and then divide it up into categories like groceries, uni materials, travel etc
Cooking
Cook instead of buying take aways
Batch cook and freeze Cornwall 365 - Day 81
Batch cook with lots of veg
Sauce makes everything better, make your own using bits of left over veg and herbs
Cook more pasta than you need and freeze leftovers. Bigger bags of pasta are slightly cheaper and it saves time
When you buy meat buy larger quantities as this is cheaper and freeze any excess
Cook a chicken for meals for the week then use the bones to make a stock for soup
Prepare meals don’t buy take aways
Make a budget plan list incomings and outgoings to keep track of spending
Old spinach, blend up with garlic, lemon, herbs and olive oil this makes a pesto which keeps for a week
Make our own flap jack snacks to stop you spending loads in the Uni shop prepare snacks and save cash
Use bits of left over veg to make a healthy soup, freeze it and then you have ready meals
Sustainability
Place an empty jam jar in the cistern of your loo it uses less water and reduces your bill
Make sure your housemates recycle
Cycle to Uni
Do a utilities health check you can save hundreds of pounds a year use the moneysaving expert website
Turn off lights
Don’t leave tap running whilst brushing your teeth
Re-use your water bottles
Shop for real Vintage at charity shops
Grow your own, chillis, salad leaves and herbs are all easy to grow and you don’t need a garden
Bring your thermos into Uni and save £££’s on drinks in canteen
Do laundry with your housemates
Join the Uni food co op and save money
Maked a packed lunch and don’t buy coffee
Buying and selling look for things in charity shops to sell on Ebay and make a small profit
Grow your own salad and small fruit trees wherever you have any space these things are really expensive in the shops
Make a packed lunch for the week

 

Shopping
Plan a weeks food shopping in advance and shop online or click and collect
Plan and list your food shop and don’t buy off list
Don’t go shopping when you are hungry
Shop at Aldi/Lidl
Set a cash limit for spending pay with cash not cards
Start up a food bank in your SU
Start a free shop where graduates can leave household items, utensils etc they no longer require for new students
Buy in bulk online club together with friends
Put a budgeting app on your mobile and don’t go over your spend limit
Plan a weeks menu ahead so you know how to budget your money when doing the weekly shop
Prepare your food at the beginning of the week

Helen is the Student Advice Service Manager within Student Services and is based in Tithe Barn on the Moulsecoomb campus

Posted in Money Advice, NSMW

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