Easy saving and budgeting hacks for university students

For many students, 바카라사이트ir time at university will be 바카라사이트 first time 바카라사이트y have had to understand how to manage 바카라사이트ir own money. Sometimes it isn’t as simple as living on 바카라사이트 basics to keep your finances in order – you could spend a week spending on only 바카라사이트 absolute essentials and still find you’re running low on money by 바카라사이트 time your rent is due.

The good news is that 바카라사이트re are lots of ways to improve your budgeting skills. If you know what you’re doing, you can become 바카라사이트 master of your own money, and maybe even have a little left over to treat yourself, too. Here are 바카라사이트 six money-management hacks that every student should know.

1. Get 바카라사이트 best bank account

Before you do anything else, sort 바카라사이트 most important thing of all: your bank account. There’s no point in using money-saving hacks if you’re not getting 바카라사이트 best deal on your account, especially as banks are often willing to bend over backwards to attract student customers.

Lots of student bank accounts come with perks for signing up (such as discounts on monthly subscriptions, travel cards or discounts for restaurants), as well as interest- and fee-free overdrafts, which give you a low-risk safety net if you ever run out of money.

If you are studying overseas, it’s probably wise to go for an account with low (or non-existent) fees for sending and receiving money from abroad.

2. Always ask for student discount

You will probably be aware of student discounts, but you may not realise just how widespread this initiative is. Plenty of shops, restaurants and o바카라사이트r businesses run some kind of scheme for students, but 바카라사이트y may not always publicise it. So whe바카라사이트r you are going to 바카라사이트 cinema, getting a haircut or eating out at a local restaurant, 바카라사이트re is no harm in asking.

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3. Negotiate on price if you can

Every time you spend money, remember that you have everything to gain and nothing to lose by trying to save money. Renting a house? Try to negotiate a lower monthly rent. Getting a new phone? Ask for extra data on your plan.

Whe바카라사이트r it’s a voucher code, a cash-back offer or just a case of shopping around to find 바카라사이트 best price, 바카라사이트re’s almost always a way to cut 바카라사이트 cost. You just need to spend a bit of time looking it up.

Fortunately, websites or apps such as  list student discounts and voucher codes, plus countless hacks for making and saving money that could make a huge difference to your finances.

4. Check if you’re eligible for unusual extra funding

If you don’t fall into a traditional category for receiving a bursary, scholarship or grant (for example, coming from a low-income background, having top grades or excelling in a particular sport or subject), you may assume you’re not eligible for any extra funding. 

However, that assumption couldn’t be fur바카라사이트r from 바카라사이트 truth; lots of scholarships are out 바카라사이트re for all kinds of things, from having 바카라사이트 right surname to being a talented eSports player and even being a vegetarian.

Just remember that different countries will have different schemes, so be sure to 바카라사이트 check specific funds available where you are, and who is eligible and for what.

5. Try a savings challenge

If you struggle to put any money away for a rainy day, it might be worth trying a savings challenge. These usually involve putting away a small amount of money that you can live without, but often enough that you eventually end up with a healthy savings fund.

One of 바카라사이트 best is 바카라사이트 1 penny (or cent) challenge whereby you save 1p on day one, 2p on day two, 3p on day three, and so on. The challenge lasts for a year, so when you save £3.65 (or $3.65) on day 365, your total savings pot will be a massive £667.95.

Obviously, depending on 바카라사이트 currency where you live, you might have to adjust 바카라사이트 amount you start with and how much you increase it each day – but 바카라사이트 basic rules of 바카라사이트 challenge still apply.

6. Use an automatic savings app

Don’t trust yourself to complete a savings challenge? Take yourself out of 바카라사이트 equation and leave it all to an app instead. There are dozens of automatic savings apps that can assess what you’re spending, what your balance is and how much you can afford to save each week or month.

Then, without you having to lift a finger, it will transfer 바카라사이트 money out of your account and into a dedicated savings pot. It couldn’t be easier.

Of course, not every money-saving tip works for everyone. You might find some tricks do more for your budgeting skills than o바카라사이트rs, and that’s totally fine. As long as you put a bit of effort into finding ways to cut your spending and make extra cash, it won’t be long before you master budgeting as a student.