How to save money as a student

Published on 22 November 2023 at 20:57

Being a student doesn't have to mean eating beans on toast every night. By using the benefits of being a student and being savvy with all the student deals and freebies available you can make your money stretch to ensure you're not worrying about paying bills instead of concentrating on your studies.

Here are some tips on how to save money as a student:

  • Earn Money Through Work-Study Programs: Participate in work-study programs to earn money and gain experience.

 

  • Apply for Scholarships: Scholarships can help reduce your tuition costs.

 

  • Buy or Rent Used Textbooks: Used textbooks are often much cheaper than new ones.

 

 

  • Limit Meals Out: Try to cook at home more often to save money1.
    Shop at Affordable Grocery Stores: You can save a lot by choosing where you shop.
  • Make the Most of Student Discounts: Many businesses offer discounts to students.

 

  • Learn the Basics of Budgeting: Keep track of your spending and create a budget. Use free budgeting apps and online courses to learn how.

 

  • Cook Meals for Your Housemates: Share the cooking duties with your housemates to save on food costs.

 

  • Reduce Your Travel Costs: Look for student discounts on travel.


Remember, every little bit helps when you’re trying to save money as a student. Here are just a few tips but if you know of any others get in touch with Money Moo in the comments section below.

 

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