6 Ways to Survive January on a Student Budget

You might be doing this already as a January detox, but cutting down on takeaways will also be healthier for your finances. Do your food shopping towards the end of the day for a better chance of getting reduced-price items, and NEVER enter the supermarket when hungry! If you want to treat yourself following the dreaded January exams, remember to look up special offers and discounts – you can get a range of student discounts in the UK, for example.

If you don’t have one already, finding a part-time student job is a great way to top up your student budget while simultaneously gaining work experience to add to your CV. If you’ve got exams, leave the job hunting until afterwards, and make sure your working hours don’t detract from your studies or ability to enjoy university life.

Yes, this tip does involve the dreaded task of checking your bank statement, or downloading an app to keep a regular tab on your outgoings. If you can identify where you’re habitually spending money, you can start making simple changes, such as taking your own coffee to lectures in a reusable mug rather than getting an expensive takeout. You’ll be surprised how much these small changes add up!

Just because you’re a bit broke after Christmas doesn’t mean you have to become a recluse in January! Chances are that your fellow students are feeling the pinch as well, so organize cheap activities such as movie or games nights, and take advantage of free events at your university students’ union. This is also the perfect time to make the most of affordable things to do in your city – for example in London there are a variety of things you can do for £10 (~US$12) or less!

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