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Money Saving Tips for the Average Student

Updated: Jul 4, 2023

As the economic situation in the country is ever changing, Ani Talwar takes you through some of the best tips and tricks she has found across the internet to help students at university.

Image Credits: Inayaysad

As the world adjusts to ever changing scenarios, we are seeing that in Great Britain, nearly 90% of adults are experiencing an increased cost of living. That’s 14 million more adults than just 10 months before.


As a university student, some perhaps living away for the first time, we have to balance organising our own schedule, assignments, perhaps a job for most of us, as well as washing, cleaning, and food. This, understandably, can make finding time to get all the handy tips and tricks and experience to save pennies rather hard. For this reason, I’ve decided to trawl the Internet for some of what I think are the most useful money saving tips for students, to compile a handy guide of recommendations for you. I’ve gone through a few guides here to pick out the best tips (shown in bold) to suit student life.


SaveTheStudent held to its name in my search, appearing with fabulous tips like to shop in evenings when the reductions on need to sell items might begin, or allocating one spending free day per week.


Barclays also has a cool challenge on their site that looks manageable for a student: it involves putting away a penny a day, with a single penny the first day, two pennies the second, and so on, such that you’ll have over £600 by the end of the year.

Image Credit: Pexels, Pixabay

Now, it doesn’t matter if you’re a new student or returning, you’ll probably get into one Secret Santa group or more, and that involves spending a little on a gift for that friend. The Money Saving Expert has a contest where you can compete to find fabulous gifts for nearly anyone around £5 in price. You can look here for some of the previous winning suggestions and inspiration.


On the idea of gifts and occasions, you’ll have to commute from uni at some point, whether it be every day, or for the holidays. A Railcard as suggested by SaveTheStudent is a great option, and you can choose between 9 types, of which you can find here.


Another great tip for materials was given by The Complete University Guide for procuring textbooks: buy second hand textbook material. They also give a second handy tip that if you buy the newest versions you can, you’ll be able to send them off after as well. From personal knowledge, I’ve also heard of websites such as Perlego, which I’ve not used but are advertising. They have hundreds of thousands of books, with study tools. Another reading tool is Kindle Books for other reading.

Image Credit: Pxhere

When it comes to actually taking the notes, UCAS (though they credit content provided by Money Saving Expert) in this guide have a list of cool software options whether you want to write, present, or edit music/photos, for not as much money.


UCAS also has a few other handy student saving guides, crediting money.co.uk for things such as making sure you get a bank account with the right interest and overdraft to help you. They also suggest sharing cooking timetables and buying bulk deals to save money.


Of course, around all that studying and organising your money, you’ve got to kick back and chill too, and SaveTheStudent has recommendations on how you can do this, including using BBC audience tickets. On this part of the BBC site, you can choose shows you love and apply to be an audience member!


When it comes to getting the tech and material you need to live away, SaveTheStudent recommends eBay as a good site to find stuff you need. They also go on to say you should look out for where people have misspelt the names of products of what you want as well as some people might accidentally mis-type the name of the products, but they’re still out there.


On the view of online shopping, the same guide also suggests waiting before you check out online when doing your grocery shop as sometimes the companies will offer you reduced prices.


For other tips and tricks, you can also see other guides I’ve done such as:



About the Author: Ani Talwar is the Content Manager at WILD Magazine. She enjoys writing sustainable themed articles for students, fictional novels about environmental protection, and wrote the book Atro-City The Flood. She can be found at @mischief.weavers on Instagram and Ani Talwar on Goodreads.

14 Comments


Guest
6 days ago

I liked these money saving ideas because they are practical and easy for students to follow every day. During a busy semester, I used Computer Assignment Services UK to understand a difficult programming task before completing it myself, which helped me manage both my time and budget. Small habits can make a big difference over time.

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Guest
Jul 01

These money-saving tips are practical and especially useful for students trying to stretch a limited budget. Small changes in spending habits can make a noticeable difference over time. When balancing coursework and expenses, I came across TEAS exam taking service while exploring different academic support options to stay organized. Careful planning, whether for finances or studies, always helps reduce unnecessary stress.

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Guest
Jun 15

Mình có lần lướt đọc mấy trao đổi trên mạng شيخ روحاني thì thấy nhắc nên cũng tò mò mở ra xem thử cho biết. Mình không tìm hiểu sâu جلب الحبيب chỉ xem qua trong thời gian ngắn để quan sát bố cục جلب الحبيب cách sắp xếp شيخ روحاني các mục và trình bày nội شيخ روحاني dung tổng thể. Cảm giác là các phần được trình bày khá gọn, các Berlinintim mục rõ ràng nên đọc lướt cũng không bị rối Berlinintim với mình như شيخ روحاني vậy là đủ để nắm tin cơ bản rồi. جلب الحبيب


😍

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Guest
Jun 07

These money-saving tips are very relevant for students trying to manage their budgets. I especially liked the practical suggestions that can be applied in everyday life without major changes. While helping with a campus event, I reviewed work from a Brochure design company in Dubai and learned how careful planning helps avoid unnecessary expenses. Small savings made consistently can add up over time.

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steven burgees
May 22

The money saving tips for students feel very practical because they reflect real struggles like budgeting, food costs, and managing daily expenses. It made me think about how difficult it can be to balance finances during studies while still keeping up with academic pressure. During a busy semester, I once relied on Artificial Intelligence assignment help online to manage workload better, which helped me plan my time more efficiently and focus on essential spending habits. Financial discipline really becomes important at this stage of life.

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