• Skip to primary navigation
  • Skip to main content

The Student Aspect

The online student magazine

  • Home
  • About
  • Student
  • Lifestyle
  • Recipes
  • Day In The Life
  • Guest Writer Week
  • Dear Aspect
  • Fashion
  • Beauty
  • Case Studies
  • Celebrity
  • Reviews
  • Poems
  • Contact
  • Show Search
Hide Search
You are here: Home / Home bottom / 5 ways to save money for students

5 ways to save money for students

Christine Emelone

With inflation and the cost of living crisis on the rise, it is vital to keep spending and outgoings low to cut costs, Christine Emelone writes.

Here are five ways to save money as a student:

  1. Make good use of student discounts

Take advantage of any offers which can be applied to purchases when you shop. Although it may seem small, the reductions can help in the long run to save money and reduce the amount you spend.

Keep an eye out for any deals which allow you to get more for your money.

2. Track your spending

It’s always a good idea to review your weekly spending and see which areas you spend the most on. This can provide a better picture on how to budget and keep costs to a minimum.

When you keep an eye on your spending habits, you may notice a pattern or interesting trend which helps you plan how to spend money more efficiently.

3. Set realistic goals

It is easy to become too enthusiastic when it comes to cutting our spending. Although this may help us to reach our goals faster, it can soon become tiring and difficult- which leads us to abandon the plan altogether.

Set small goals to begin with and celebrate each time you reach them. Be positive about the journey and take one step each day towards your aim. This will lead you into a steady routine into saving money and cutting costs.

4. Learn how to make do with less

Without a doubt, sacrifices will have to be made if you want to save money and budget well. This may mean eating out less or doing certain activities you enjoy.

Embrace the opportunity to be creative as you learn to save. For instance, baking instead of going out for meals or staying at home with friends.

5. Cancel unnecessary subscriptions

Fitness apps or TV subscriptions can be easy to sign up for and then forget about them. Look through your transactions carefully and make a list of everything you are signed up to.

Are there some apps you haven’t used? Cut those out before considering which apps you can do without.

Share this:

  • Twitter
  • Facebook

Related

Send us your suggestions for a post!

© 2023 | All rights reserved | Content must not be used without express permission | Sheffield Hallam University | Log in

This website uses cookies to record anonymous information about your browsing experience OK More >
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
SAVE & ACCEPT