Nine Unexpected Ways to Save Money as a Student

We’re not saying you should stop going out altogether, but instead of going to costly bars all the time, you could invite some friends over to your place for drinks and take turns in being the host. It’s insane how much money you can save this way and going to bars or pubs will be more special if you don’t go there that often. Also, try not to pay for everything by card and take cash with you instead. This way, you won’t lose track of your expenses that easily and don’t have to fear your upcoming credit card statement.   

This might sound obvious to some people, but it cannot be taken for granted to have flatmates who actually contribute financially. Have you ever had a stingy flatmate who managed to avoid paying for communal food or toilet paper? If you never speak up for yourself, you end up being the only person responsible for buying these items for everyone. You might think we’re only talking peanuts, but in the long run every little counts. Plus, it’s extremely annoying and will save you a lot of stress if you nip it in the bud early on.

Have you ever wondered why your gym membership is so cheap? Probably because the system works thanks to people who never actually show up and just keep paying because they tell themselves that one day they might return. If you need to save money, cancel the membership (when’s the last time you went to the gym anyway?) and go for a run outside instead, or get a bike. This might be more fun and you won’t have to pay for it either.        

From time to time, you might be particularly desperate for some extra cash and this is where your charms come in. If you are fortunate to have a good relationship with your parents, chances are high your mom won’t let you down when you tell her you only have ripped jeans in your closet and urgently need a new pair. No need to tell her that you paid extra for the slits. It’s not what you say, it’s how you say it.

Show your parents you improved your eloquence during your studies. Maybe invite them over to your place for a weekend and complain subtly but continuously. This year, wish for useful things for Christmas. Professional advice: tell your parents that you forgot a shirt at home when you last visited and they need to send it to you. How could they just send you the piece of clothes and no other symbols of affection, such as chocolate or money? 

No explanation needed.        

The easiest way to do this is to not go shopping on an empty stomach. This always ends in a disaster and you simply buy everything you see and want. Instead, try to take your time and compare prices and quality. You do not have to buy the cheapest version of everything, but sometimes it really is only the packaging that differs. Also, buying seasonal food will help you save some money and is also better for the environment.            

As can be seen, there are numerous ways to save some money every day. Maybe it requires a little more creativity, time or effort, but it’s in your hands. Worst comes to worst, you could always get a part-time job, which might be a great way of getting to know new people, broaden your horizon and being able to afford tickets for a city trip.

Laura Kabelka works in Communication and Marketing at StudentJob AT.

Lead image: Johan Viirok (Flickr)