Money Saving Tips

Waste not, want not

 

We’ve compiled a list of a few simple tricks to help you save money, and help the environment at the same time.

Food:

  • Bulk buy essentials (like dry goods, tin and toilet rolls) if it works out cheaper.  Buy in bulk with your housemates.
  • When shopping, look carefully at offers such as 3 for 2. Often there is actually no saving.
  • Don’t shop hungry!
  • Compare prices per 100g for different items.
  • The freezer is your friend. Batch cook meals such as chilli and freeze them for later. Freeze cut fresh herbs, chilli and ginger if it’s left over.
  • Downshift. Supermarkets stock different price levels on almost all their products e.g. from taste the difference to Sainsbury’s Basics.  You could save hundreds of pounds over the year by buying ‘no frills’or ‘basic’ items. Find out more.

 

Lifestyle:

  • Walking and cycling saves money AND helps keep you fit.
  • Challenge yourself to spend-free days.
  • If you’ve got the budget for meals out, sign up for moneysavingexpert mail alerts to take advantage of discounts and special deals.
  • Missing home? Download Skype and stay in touch - for far less than a mobile phone call.

 

Household:

  • Keep doors close and only leave lights on in the room that you’re in.
  • Make sure your washing machine is fully loaded each time.
  • If you move out of your accommodation in the summer, make sure you reclaim overpaid TV license.
  • Take regular meter readings for all utilities - this avoids nasty shocks at the end of the tenancy.

 

Travel:

  • Save money with an NUS Extra card: 25% off National Express, 10% off online with megabus.com, 12% off 16-25 railcards.
  • When buying train tickets: buy as far in advance as possible as super advance tickets are advertised 12 weeks in advance. Always check the cost of two singles vs a return.

 

Shopping:

  • Get an NUS Extra card. Always ask if a shop offers a student discount.
  • Sign up for loyalty cards in the shops you frequently visit (e.g. Boots Advantage card, Nectar card).
  • Think of the mantra: Do I need it? Can I afford it? Could I get it cheaper somewhere else?

 

Banking & Finances:

  • Choose your bank account wisely. Beware of gimmicks and freebies that banks will use to entice you.
  • Regularly check your bank statements - you can track your spending and you’re more likely to spot fraudulent activity quickly.
  • Use ATMs that don’t charge. Avoid using cash machines in pubs and clubs.
  • Having money problems? Talk to Brookes Union Advice Service.

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