Before coming to University, there’s a good chance you’ve heard students talking about how little money they have. No matter how generous your student loan can be, it can be easy to spend too much and be left with pennies. However, there are plenty of small changes you can make to stop yourself going into your overdraft. In this blog, I’m going to talk about how I’ve managed my money.
It can be tempting to splurge – and you should! University is stressful, and you should spend money to enjoy yourself. Usually, people would treat themselves to a takeaway, and although they’re nice, they’re expensive. At ALDI, you can buy pizzas for as cheap as 65p, and as expensive as £3. You can also buy curry sauce, rice, and sides for less than £5. With takeaway pizzas usually costing as cheap as £6, by doing this you’re saving more than £5, which can make a huge difference while still getting the takeaway experience. Side note: A majority of ALDI’s items are the cheapest in Ormskirk, so it’s more economical to do most/all your shopping there!
Liverpool is a train ride away and can make for a nice night out. However, a cinema trip can cost £12 (£5 for a train ticket with railcard and £7 for the cinema ticket). Instead of spending £12 to see a film, why not take a five-minute walk to see a free film every Friday in our Arts Centre? The £12 you’re saving can go towards clothes or a food shop.
Getting a Job
Shops in Ormskirk are always hiring, but there are opportunities to earn money on campus, such as being a student representative. This can be beneficial if your student loan is low, although a job would be another factor to accommodate for in your work-life balance. Thankfully, there is support at University to help you manage your time, as well as helping you manage money.
Saving money doesn’t mean you have to cut out all the things you enjoy in your life. You just may need to splash out less frequently, and look for alternative, cheaper ways. I’ve never had any issues with money, and I’ve been able to enjoy myself (as have many of my friends, so hopefully these ideas will be effective for you.