It can be incredibly hard to live on a budget as a student. Rent, bills, University supplies and your social life all cost money. With Student Finance often not even covering half of your rent, it can be hard to find enough money to live comfortably. No one wants to feel stressed over money, especially when there are more important things to worry about! Below are some easy student tips for saving money in Newcastle.
- Do Things as a Group
Doing things as a group is one of the easiest ways to save money. That’s not saying this must always be the case as everyone needs free time, but when it comes to living arrangements and cooking this will save you some easy money.
When it comes to your bills, many things are a set price, whether you live in a group or alone. (Some examples are below). The more people you live with, the more the price is divided by. This is one of the simplest and easiest tips on saving money in Newcastle, but many people underestimate how much living costs.
-TV license- £150 per year- https://www.tvlicensing.co.uk/check-if-you-need-one/for-your-home/students-aud1
-Wi-Fi- £25 per month- based on Now TV rate 2018- https://www.nowtv.com/broadband
-Netflix- £9.99 per month- https://www.netflix.com/youraccount
- Student Discounts
Making the most of discounts, whether they are aimed at students or at anyone is another easy tip for saving money. Some examples are below of the best student discounts in Newcastle.
-Wuntu- Users of the mobile network 3- Free daily items involving food/ drink - http://www.three.co.uk/wuntu
-UniDays- many discounts aimed especially at students- clothes/technology/food - https://www.myunidays.com/GB/en-GB
-Shopping events- Student Night Intu Eldon square, The Telegraph Fenwicks https://intu.co.uk/eldonsquare/events/student-night
-Save the Student- tips for students- https://www.savethestudent.org
- Student Bank Accounts
Many students are unaware of the benefits a student bank account and a student debit card hold. An interest free overdraft will save you money if this is a facility you use. Some banks even offer incentives. Nationwide offers £100 for you and a friend when they change to their current account.
- Food- Lidl/ Aldi
Food shopping can be as expensive or cheap as you like. Using shops like Lidl/ Aldi can save a lot of money, (depending on your shopping style).
Lucy, a student from Newcastle said “I food shop at Lidl and my weekly shop costs me around £25, so it’s definitely worth going to”.
5. Don’t Pay for Unnecessary Things
Whether its textbooks, to unnecessary streaming accounts, to bottled water. Many things are free and don’t need to be paid for.
-Make the most of the library and take books from there as opposed to purchasing them. Second hand books are also available at a lot cheaper than new.
-Bottled water doesn’t need to be paid for. Water is free from taps.
-Music is free. Spotify and YouTube, can all be accessed on Wi-Fi or 4G.
- Netflix can be shared. There is no need for everyone in a house of 5 to have an account.
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