The Student Room Group

A Few Tips for Saving Money as a Student

Being a student can be tough on the wallet, but small changes make a big difference! Cook at home, use student discounts, and budget wisely to save more. Every penny counts—smart spending now means less stress later!

Reply 1

Original post
by pitreous
Being a student can be tough on the wallet, but small changes make a big difference! Cook at home, use student discounts, and budget wisely to save more. Every penny counts—smart spending now means less stress later!

Hi there,

This is a great idea! Being a recent graduate, I can share some of my tips to saving money as a student. As you mentioned, small changes make a big difference. Cooking and meal prepping is definitely a great way of saving money. Limiting takeaways or going out for meals will really make a difference. There are many simple meals you can make at home especially using pasta which can be made into so many various meals. I often also did a food shop with my flatmates and cooked some meals together, which saved money some weeks. I also took my own lunch into uni as much as I could, to avoid spending on food during the days I was in class.

Budgeting is something I started doing towards the end of my university experience, which is something I wish I started to do a lot sooner. Budgeting is probably the most important and best way to really save money which I would recommend for everyone to do. There are different ways to budget so finding the right way that works for you will take some time. Having patience with budgeting is something I also wish I got told when I started to budget.

Making the most of student discounts is beneficial but also making the most of career support and any other support you would have to pay for outside of university, if it's available to you. Using the university gym too as we all know gym memberships can cost a lot!

Hope this helps 🙂
^Zac
(edited 8 months ago)

Reply 2

Original post
by pitreous
Being a student can be tough on the wallet, but small changes make a big difference! Cook at home, use student discounts, and budget wisely to save more. Every penny counts—smart spending now means less stress later!

Hi there!

This is a great idea and I thought I would add some of my tips for saving money as a student:

Try and batch cook if you can. Cooking and buying food for one person can be really tricky and you often end up with leftover food which sometimes goes to waste. If you can, try and batch cook things like spaghetti bolognaise, chilli etc and then freeze the rest. Buying meat in bulk often works out cheaper too and then you have some meals in for when you can't be bothered to cook!


Bring your own lunch to uni/work wherever you are going. It will work out so much cheaper than buying a meal deal everyday even though I know this is tempting!


Make the most of all of the facilities at uni and the books you can get out - you won't need to buy all of the textbooks for your course as you can often borrow them from uni and make the most of this!


Try and walk as much as you can. If you can, walk to uni or walk to town, or get the bus rather than getting Ubers. This will save you a lot of money.


I agree with what has been said about student discounts - make sure you take advantage of these as they are great and you will have lots of choice on there to save you some money! It's always worth checking just to see if there are any discounts there.


Make a budget and try your best to stick to it. Try and make this before you start uni so you aren't tempted to go over too much in the first week.


If you go to the gym, see if your uni has a gym that you can go to as they are often quite a lot cheaper and you still get lots of facilities included!


Consider getting a railcard as these give you great discounts on trains and if you get the train a lot it will be worth it as you will save lots of money.


See if there are any bursaries that you are eligible for at uni. Lots of people don't know about these but there are often some that you can apply for!


I hope some of this helps,

Lucy -SHU student ambassador 🙂

Reply 3

Original post
by pitreous
Being a student can be tough on the wallet, but small changes make a big difference! Cook at home, use student discounts, and budget wisely to save more. Every penny counts—smart spending now means less stress later!

Hi @pitreous

Great points being made! There are lots of ways to save, just to add on to what has already been said I thought I would share a few post I have previously written about various ways to save money.

How to Save at University - The Student Room
How to Save on Transport (London/UK) Add Your Tips! - The Student Room

I hope this is helpful :smile:
-Grace (Kingston Rep)
Original post
by pitreous
Being a student can be tough on the wallet, but small changes make a big difference! Cook at home, use student discounts, and budget wisely to save more. Every penny counts—smart spending now means less stress later!
Hey there 😃

Absolutely!!! Small habits add up to big changes over time.

I’ve got an awesome app recommendation to add to the great advice shared here! Too Good To Go is a game-changer when it comes to saving money and reducing food waste 💚 It connects you with supermarkets, grocery stores, restaurants, coffee shops, and bakeries that offer surprise bags filled with fresh, unsold food at huge discounts.

I use it obsessively. For just £2-6, you get an amazing variety and great value for money. So, if I’m not in the mood to cook or I’m craving takeaway, this is a fantastic (and budget-friendly) alternative! 🙌

I hope it will be helpful 💪 Feel free to reach out if you have any questions 😉 You can also chat with me or other students directly through The Ambassador Platform.

Take care,

Julia
Psychology student
De Montfort University

Reply 5

Hi all,

Such a big issue for students at the moment with the current cost of living climate. Here are a few tips that helped me! :


For those who live on campus:

Cook for yourself in batches using budget-friendly ingredients. Brown pasta/rise, chickpeas, tinned tomatoes, carrots, supermarket own brand pesto and olives can make a multitude of nice cheap meals!

Walk to town rather than get the bus - if your town is close enough and the weather's nice, it is also a great way to maintain your wellbeing and get some good exercise.

Share supermarket deliveries to your flat. My flat used to do a joint delivery every fortnight with all the food we needed for the next two weeks and then just pay what we owe. It only costs about four or five quid for delivery and split between say 10 people its only 40-50p each. It saves a lot of money on buses as well as saving duplicating items and food waste.


For commuters:

First Bus often do uni term tickets which are tied directly to your uni's term dates - make sure to check them out as they're often quite a bit cheaper than yearly tickets, especially when you will likely be home for part of the year.

Bring a pack up - making your own food is a good way to keep practicing your cooking and could save money on buying food on campus (although by all means buy food at uni occasionally! 🙂 )

Shop at home rather than on campus - shops on campuses are usually limited and more expensive than large supermarkets - and make sure to make use of yellow stickers for reduced price items!



I hope this helps a bit, best of luck everybody!

Holly
University of Bath

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