Finance · 5 min read

Money-Saving Tips For Students

money-saving-tips-for-students

Saving money can be tough. Student life is all about juggling classes, hanging out with friends, and, oh yeah, trying not to go broke.

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.

We know that money can disappear faster than a Snapchat story, but fear not! We've got some money-saving tips to help you make that student budget stretch.

How Can You Save Money as a Student?

Let's start with the basics. Budgeting, working hard, and having those steady saving goals.

Read our guide on Best Budgeting Apps.

The first thing you should do is set clear financial goals. Whether it's saving for a holiday or paying off your student loans, having something to look forward to can keep you motivated to save.

Next, as you save, make sure to budget. It’s really important to try and keep track of your expenses, through spreadsheets or apps. Remember, knowing where your money goes is step one to saving it!

And, if you’re still struggling to save, why not pick up a side hustle?

There's always a way to make some extra cash. Platforms like Prograd can help you look into freelancing, tutoring, or gig economy jobs. These jobs can work around your student schedule, so you can still have those great nights out and earn a little to float you. Simply fill in our 10-second form and get started today.

What Money-Saving Tips Are There for Students?

Okay, that’s the basic approach to saving as a student. But what about some more general money-saving tips? Well, we’ve got your back covered with that too!

Embrace Thrifting

Thrift stores are the new Gucci! Vintage fashion is all the rage. Hit up thrift shops for one-of-a-kind pieces and affordable wardrobe upgrades. Your wallet and Mother Earth will thank you.

Cook Up a Storm

We know students love pricey takeout orders and microwaveable dinners. But if you wanna save, time to ditch these!

Cooking at home is not just cheaper; it's healthier too. Start with basic recipes and level up your cooking skills. YouTube tutorials are your best friends here.

When it comes to cooking, make sure to also plan your meals each week to avoid food waste.

Shop Smart and Use Student Discounts

Companies love students (well, their money, at least). Take advantage of those sweet student discounts. Check out UNiDAYS, Student Beans, and other apps for exclusive deals.

And, when you go out to the cinema or to pick up some clothes, always make sure to ask the cashier if they offer student discounts! Just remember to always carry your student ID with you so you don’t get any awkward “No’s” at the counter!

Go Digital with Textbooks

Say goodbye to those overpriced, backbreaking textbooks. E-books and digital resources are the future. You can find affordable or even free versions online, saving both cash and your back.

Share Subscriptions

No need to pay for Netflix, Hulu, Disney+, Spotify, and every other streaming service. Team up with friends to split the costs. Your account will thank you, and you'll have a reason to hang out more.

Rideshare, Bike, Walk, Repeat

Ditch the car and embrace alternative transportation. Ridesharing, biking, and walking are not only eco-friendly but also wallet-friendly. It's an excellent way to get some exercise in, and lots of transport services offer exclusive student discounts.

Buy in Bulk

Lots of shops, like Lidl and Aldi, are your secret weapons when it comes to food shopping. Splitting the cost with your student flatmates for bulk items like toilet paper, snacks, and cleaning supplies will save you a ton.

Conclusion

Being smart with your money doesn't mean sacrificing fun or experiences; it's about being savvy and resourceful. Remember, you can be a little frugal and have a great student life.

Just cut back on those takeaways, stop grabbing those spenny pints, and you’re halfway there! There are tons of simple money-saving tips that will get your bank account thanking you.

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