This page originally appeared on Money4MedStudents
RMBF.org now hosts all revised and updated Money4MedStudents content
If you’ve used our budget planner, you should have a pretty good idea of how much you spend and on what. Economising is not about giving up everything you enjoy, but learning to compromise and finding cheaper alternatives. Here are a few simple ideas on where to save money – click the links below for more information.
You don’t have to spend a fortune to look smart. Shop at discount clothing stores and look out for sales.
Most full-time students are exempt from paying council tax, but you must inform your local council of your student status.
By making small changes to your daily routine, you can make valuable savings.
Take advantage of student nights and cut price tickets at bars, clubs, restaurants and cinemas.
Cooking at home can save you money and be healthy. Buying supermarket brands and taking advantage of promotional offers can also reduce costs.
Insuring your belongings will costs less than replacing them. Look for deals and choose the right level of insurance for you.
Books and equipment can be sourced from fellow students, and if you need to purchase try to use second-hand stores.
Walking or cycling is a cheap and healthy way of getting around. Your NUS extra card also entitles you to discounted ticket prices.
Getting your TV, phone and broadband as a package can work out cheaper than purchasing each service individually.
Make sure you are getting the best deal from your gas or electricity supplier – switching to a different provider could save you money.