Money Saving Tips for University Students

Going to university can be a great way to get the education you need to achieve the career of your dreams. However, higher education isn’t cheap and you will be spending a lot of money on tuition, housing, food, entertainment, and more.

There are many ways that you can reduce the costs of university life and make going to school a lot cheaper, and keep those student current accounts from being empty. Here are some tips:

Buying all of your required reading brand new at the campus bookstore can be very expensive. Instead, shop around for cheaper second hand copies of the books that you need for all of your classes. Check Amazon and eBay, as well as jscampus.co.uk, abebooks.co.uk and sellstudentstuff.com. You could also find students in the year above you who have just finished the course and see if you can buy the books from them for cheap. University life includes hanging out with your friends, but you don’t have to spend a fortune every time you get together. Instead of buying expensive drinks during a night out on the town, split the cost of a large pack of beer and have a party in your dorm every now and then instead. Learn to cook. Often students who don’t have basic cooking skills spend a lot of money on dining in restaurants and expensive convenience food because they don’t know how to buy cheap ingredients and prepare their own meals. Check out studentrecipes.com or beyondbakedbeans.com to get some great budget recipes. Many shops, businesses and attractions will offer student discounts, so be sure to ask! When furnishing your dorm room, don’t buy brand new furniture. Instead, look on eBay and Craigslist and go to auctions, used furniture stores, and car boot sales to find the furniture you need at a much cheaper price. When you need a haircut, instead of paying top dollar at a swanky salon downtown you can go to a hairdressing college where students will style you for a much cheaper price. Don’t drive your car to university if you can walk or take the bus. You will save a lot of money in petrol and in parking fees. Take advantage of free and cheap campus activities. There are usually free film screenings, outdoor music, and other things to do on campus. This is also a great way to meet fellow students and make friends. Buy bread and sandwich fixings and make a packed lunch at home before you go to class. It will save you from eating expensive meals out between classes. You can spend a lot of money in mobile phone bills when keeping in touch with your family and friends back home. Instead, download Skype and chat to them on webcam for free! Some other students that you encounter at university will have parents who are paying their way through education and can be really big spenders. Hanging out with these people might make you feel a bit out of place because you can’t afford to throw money around like they do. Stand your ground and don’t spend more than you want to because of peer pressure.

Remember that every little bit helps when it comes to saving money at university!


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