10 Simple Ways to Save Money In University

Are you on a limited budget like most students? Do you want to find sure-fire ways how to save money in the university? 

Great! This blog post is just for you. We’ve collected 10 simple but very effective ways how to save money as a student. 

Would you like to know them? Perfect. Let’s dive into each of them one by one. 

Way #1 –  Save on Your Accommodation 

If you study in your own city, the best way to save on accommodation is to stay at home. 

If you study in another city or if you’re a foreign student, look for an apartment at affordable monthly rental prices. Take into account such factors like the amount of furniture, the area where it’s located, its current state. 

It can take time to find a really good and affordable apartment. So, do give up to early. 

If you share the apartment with your peer, it will also cut your accommodation fees. 

Way #2 – Get a Financial Management App 

Unfortunately, most schools and colleges don’t provide financial management education. That’s what you need to learn on your own if you want to use your finances in a smart way. On the web, you can find various free courses on this. 

Here’s the first simple step that you can take even today. Find and download a financial management app on your phone. Definitely, it will help you keep records of all your expenses and gainings. 

In one month, you’ll be able to see a big picture of your financial flows. It will help you decide where you can save more. 

Way #3 – Use Your Student Discount for Transport Fees  

This is one of the advantages of being a student. So why not use it? When you need to go somewhere, you can use public transport. With your student ticket, you’ll be able to save a lot. Especially if you use public transport every day.

Way #5 – Save on Your Essays  

Some students prefer to purchase essays online. It can save time on writing a paper from scratch. If you also want to give it a try, look for really affordable papers

Sometimes it can save you dozens of dollars. Look for writing services with discounts and freebies. 

Way #6 – Make a Shopping List Every Time Before You Go Shopping

This tip is huge. Try it and you see how you can cut your spendings dramatically. 

Every time you need to go shopping, create a shopping list at home. When you come to the shop, check your shopping list until you’ve got all the items you need in your shopping cart. 

Once you have them all go to the cashdesk. It will save you time and money. Check yourself. 

Way #7 – Cut Your Bills 

Take control of your electricity, hot water and gas consumption. If you feel you can cut consumption of any of these, do it. You can also buy energy-saving light bulbs if you don’t have them yet in your apartment. 

Way #8 – Sell Your Unused Gift Cards on eBay 

Many people get gift cards that they never use. The main reason for this is that they don’t shop in those stores. If it sounds familiar to you, you can use this hack. Sell your unused gift cards on eBay for a lower price than their face value. It can bring you some extra cash. 

Way #9 – Take Advantage of Cashback Sites 

Cashback sites are becoming popular. The idea is that they return you some amount of the money you spend on purchases. 

Look for these websites on the web. However, don’t rush to register at each website. Take your time to read their reviews. 

Get familiar with their offers, terms, and conditions. If you use them in a smart way, they can help you save hundreds of dollars in the long run. 

Way #10 – Quit Smoking or Other Bad Habits  

Do you smoke? This habit is bad not only for your health but for your wallet as well. One cigarette after another. Little by little. In the end of the month, it can result in significant expenses. 

So, if you can quit smoking, do it as soon as possible. You can start by decreasing the amount of cigarettes. 

If you have other bad habits like drinking, quit them too. It will save you money. And it will be good for your health as well. 

Just think how much you’ll suffer from these bad habits in 10,20, 30 or 50 years? Thousands of people are dying because of lung cancer or cirrhosis. This is not a joke… 

Think of it carefully and make it your motivation to quit these bad habits ASAP. 

Conclusion 

Here’s one more bonus tip for you. Look for discounts and special sales. 

So, now you know 11 awesome tips on how you can save being a university student. 

Implement them and share your experience in the comments below. 

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