Students need to quickly learn how to be savvy and prioritise when it comes to fund allocation. I ask you “who wants to waste money on trivia such as Travel, TV licences and Food?” Especially, when you need to fund a hectic social life and maintain a wardrobe with attitude.
Here’s the I Love Newcastle guide to stretching your money in order to concentrate on those things that matter:
1. TRAVEL FOR CHEAPER
The 16-25 Railcard was designed for young people in full-time education (although full-time students who are over 25 may also be eligible). The card can be purchased for one year or three, and gives you a third off of rail journeys across the UK.
2. WATCH TV FOR FREE – LEGALLY!
The BBC licence fee terms stipulate that you must pay the licence fee if you watch or record the television as it is broadcast. This means you don’t need a TV licence for watching on-demand TV over the net. Buy a cable to connect your laptop to your TV, and that’s a lot of free, good-quality viewing with no fee. And if you do happen to have a licence, make sure youclaim one quarter back for the three summer months you’re probably not in your house.
3. COOK FROM SCRATCH AND BUY IN BULK
Cooking from scratch is far cheaper – and more fun! – Than simply buying ready-meals off the supermarket shelf. It’s a lot more effort and involves a little trial-and-error, but it’s much more rewarding, both for your wallet and for your health. Buying in bulk is a no-brainer; staple, non-perishable foods like pasta are great to buy, especially as a household or a flat, as it works out so much cheaper and lasts a long while.
4. ASK FOR DISCOUNTS
Your trusty NUS extra card can stretch your money a long way when you take it out with you, but not every shop is on there. A lot of shops will do discounts but won’t actually publicise it. Take your university card out with you when you go shopping, and make sure you always ask if they do student discounts there – you’ll be surprised how many stores do give discounts on the quiet. Many students also make use of specialist student money saving and discount sites. You can join the biggest of these, studentbeans.com for free.
5. WORK WHERE YOU SHOP
If you love shopping at a particular chain, try and get a job there! Staff discounts are usually a brilliant perk to working in retail. Working at any Arcadia Group store, for example – so that’s Topshop, Topman, Miss Selfridges, and more! – gets you 25% off all Arcadia Group merchandise, and 20% off at BHS. Lucky staff at Republic, New Look, and The Body Shop get up to 50% off purchases.
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