We all know that student life can be a blast, but it can also be a serious drain on the bank account. Tuition, books, living expenses, and of course, socialising, can leave your wallet feeling like a barren wasteland.
If you are looking for extra ways to earn some cash from home, or simply save better, Prograd's algorithm matches you with hundreds of opportunities near you. Whether you want to earn, save, borrow or get discounts. Simply fill in our 10-second form and get started today.
But fear not, because we've got the ultimate guide on how to save money as a student. Say goodbye to broke student problems and hello to financial freedom!
How Can You Save Money as a Student?
Saving cash as a student may seem like a big task. Like, where do you even begin? Well, we’re here to tell you that the easiest way is to break this job into little pieces. Why not start with small everyday changes?
Even by making small changes, you can save big in your student lifestyle. Let’s get into it!
Meal Prep Like a Pro
Let's face it, ordering takeout every day is fun but also a total money pit. Instead, get your inner Gordon Ramsay on and cook meals in bulk.
Maybe grab your roomies and make it a fun event! You'll save tons of cash by avoiding overpriced restaurant food. Plus, those leftovers make yummy midnight snacks.
Even with money-saving tips, sometimes you just need to hustle a little harder. Consider taking up a part-time job, freelancing, or grabbing a side hustle.
Whether it's dog walking, tutoring, or coding, a side hustle can bring in some extra cash for those epic student adventures.
To find the best side hustles that can help you save cash and fit your student schedule, why not check out Prograd? This platform serves up a steaming plate of great hustle options to help you meet your saving goals. Simply fill in our 10-second form and get started today.
Use Those Discounts
Being a student has its perks, and one of the best is the epic student discounts.
Whether you're shopping for clothes, grabbing a coffee, or buying tech gear, make sure to flash your student ID and cash in on those savings. And hey, don't forget about those online promo codes - they're basically free money!
See our guide around the 5 best student discount cards
Thrift Shopping is Back
Forget splurging on designer clothes; it's all about the thrift store now. You'll find some seriously trendy outfits for a fraction of the price. Plus, you're helping the planet by recycling fashion. Win-win!
Managing your finances can be a real struggle, but there are apps for that! Download a budgeting app like Monzo and Squirrel to keep track of your spending and set financial goals!
This can help stop you from getting tempted to splurge over your student budget!
Textbooks can be super expensive, but there are ways to dodge those outrageous costs.
Try renting books, buying used ones, or going digital. Online websites often offer affordable options. Or, try asking your professors if an older edition of the textbook is acceptable - it's often much cheaper.
Hop on Public Transport
Cars are great, but they can become a financial burden for a student. All those petrol costs, insurance, and parking fees - no thanks!
Use public transportation to get around campus and the city. It's not only cheaper but also eco-friendly. If you've got a bike, even better!
Sell, Trade, Repeat
Sick of that old video game or those clothes you never wear? Sell 'em online on platforms like eBay and Depop. Use the cash you make to buy stuff you actually need or squirrel it away for a rainy day.
Take Advantage of Freebies
University campuses are a treasure trove of free stuff. Attend student events for free food, join clubs for free stuff, and visit the library for free access to books and movies. If it's free, it's for me!
Ditch the Subscriptions
Are you still paying for streaming services you never use? Then it's time to kick’em to the kurb. Cancel the ones you don't need, and share the cost with roommates or friends for the ones you can't live without. Your bank account will thank you.
Saving money as a student might sound like an impossible mission, but with these tips, you'll be well on your way to financial success.
Remember, it's all about budgeting, getting creative, and making the most of those student perks. So, go out there and rock the frugal student lifestyle while still having a blast. Your future self will thank you!