How to Save Money While Living at University

 

While at university we all know how hard it can be to spread finances evenly till the next payday. Here are some tips to make sure your money takes you further while studying at university.

Home Cooking 

While maybe not as exciting, you can save a good amount of money making your own lunches and dinners for university, especially since cafés around the campus cost a fortune for anything! And while meal deals from Tesco are great, in the long run, they will be much more expensive than making yourself some sandwiches or pasta to take with you.

 

Allowance

It may seem silly as an adult to have an allowance; however, it is really helpful when saving money to know how much you can spend a week so you don’t run out of money before the end of the month. The beauty of this is that it is incredibly easy to start and it will instantly help your savings when done right. All you need to begin is to know how many weeks you have until your next payday. Then you can spread money as evenly as possible throughout those weeks, which will let you know how much you can spend each week and plan accordingly.

 

Cost vs Benefit

This can be harder than it seems, however, if you stick with this rule, you can save yourself a whole lot of money on things you may not use or need. Instead of buying something that may leave a big dent in your money, first think about the pros and cons of having the product:

-        Do you need it right away?

-        Could it be paid in instalments?

-        How will having it help your day-to-day life?

While it doesn’t have to be life-changing, make sure it is something you will get full value out of and will be used long-term.

 

Consider Making Coffee At Home

While coffee shops have a plethora of choices of the most excellent coffees, buying coffee or other drinks regularly will add up over time and harm your savings. If you need that morning ‘pick-me-up’ it might be worth getting your own coffee supplies to make drinks at home, as it’s far cheaper and much easier to manage your money.

 

Choose Unihousing For Your Student Accommodation Today

Here at Unihousing, we have some of the best properties all around Selly Oak with varying prices and sizes depending on whether you want solo or shared living.

Unihousing is a student accommodation provider near the University of Birmingham, operating since 1984. All of our accommodation in Selly Oak is owned by us, so we can respond quickly to any requests using our qualified team of tradesmen. Our property office is located on Bristol Road, only a short walk away from all of our accommodations. This means we can deal directly with our tenants.

Unhousing was selected as the Number 1 Student Letting Agent in Birmingham by the UK's biggest fresher community, Unifresher.

Contact Unihousing today to find out more!