Best money saving tips for students in Manchester

We as students are always short on money because it is an expensive business to be a student. You have to pay for student accommodation and food and, also save some money for personal expenses. Making ends meet on a student budget is not easy, but there are ways to make your money grow. So if you are struggling financially, read the given tips on how to save money and enjoy a worry-free student life.

With these money-saving tips, you'll have a little easier budgeting and having a great time.

Freshman week

You should avoid excessive spending during freshman week so you can give your first loan payment further into the semester. During the first few weeks, you tend to spend more so, you need to be careful. Always have a drink ahead rather than spending money at bars, and sign up for club guest lists to save on entry fees. Though the entry fee does not seem like much, but over the course of freshman week, it will add up quickly.

Food sharing

If you are doing grocery shopping alone the it will be expensive on you. If you live in a student accommodation Manchester, which will most likely be the case, consider a shared budget and cook together. This will save you a lot of money and often have enough food for everyone.

Always look for student discount

Student discounts are available on just about everything. Look for great discounts at your favourite restaurant chains, and even some of the most popular clothing stores offer specials deals for students. There are also discounts at movie theatres, bars and clubs, so keep your eyes open.

Opt for student funding

Apply for student funding early and find out what government grants and scholarships are available. If you have a disability, or a child, or you come from a disadvantaged background, you may be eligible for additional assistance.

If you excel in your subject or come from a low-income family, you may be eligible for scholarships. Charities and foundations may also provide financial aid. Even if you do not think you are eligible for a scholarship, you should inquire because there may be other opportunities available.

All-inclusive accommodations

Choosing all-inclusive shared student accommodation that includes all your bills and utilities is a great way to save money and time. You will not have to argue with your friends about heating and you'll know exactly how much you are paying each month, so you can budget better.

Have a no-spend day

Challenge yourself and make a no-spend day once a week. Just be strict with yourself and promise not to touch your wallet or credit cards for a day. It may be difficult to start, but if you plan the day in advance, do your weekly grocery shopping, and walk rather than take the bus, you'll get there. Moreover, "no-spend" day will make you analyse about your spending and plan it more responsibly, so next time you'll think carefully before you buy that after-lunch snack.

You can save money on travel

Travelling can be a big expense in university. If you are driving home for the weekend or visiting friends in other cities, it adds up. Carpool whenever you can, as it is a great way to save money and help the environment. Or, if traveling by train, get a card to save a third on fares, which is great when travelling home to see family.

Sell unwanted items

During your studies, you will probably collect a lot of trash. Instead of throwing it all in the trash, sell your old textbooks, clothes, and nicknames online. You'll be surprised how much money you can make selling things you no longer need.

Use money saving apps

Be on the lookout for apps and websites dedicated to helping students save money. You can often find daily discount codes and deals there, not to mention free deals on fast food. So, it's worth taking a look if you have five minutes, and you'll also find great tips on saving money on everything you need to know on these websites.

Avoid the brands

These days, unbranded products can be just as good as the branded ones. They may not look as glamorous, but they offer good value for the money and in most cases, you cannot tell the difference anyway. Avoiding branded products, especially in supermarkets, you can save more money.

Thrifty shopping

Buying used items is not only good for your wallet, but also for the environment. If you cannot find what you need second hand, there are many online sites where you can find what you need at much lower rates.

Try to earn extra 

Find a way to earn extra money while in university to make the most of your money. You don't necessarily have to take a part-time job to make some extra money, but keep an eye out for online surveys for market research or focus groups, which you can often get paid for. You could even get coupons to some of your favourite stores.