Below, MoneyTransfers.com has gathered the best tips from professors and academic experts on how students can best save money and budget, so you can focus your main attention away from money worries and onto your studies.
1. Avoid Unnecessary Student Subscriptions
Craig Miller, Academician, and Digital Database Expert at Academia Labs advises that to save money, “students can cut out the unnecessary subscriptions to assignment-answering websites such as Chegg or CourseHero”.
He adds that, “though these sites may seem to be the easy way to obtain answers to assignments, unsubscribing from them will save you a lot of money. Aside from that, unsubscribing will help you push your mind to think and understand your lessons and assignments, without having to rely on answered modules from the internet.”
2. Prepare a Budget
Melissa Morris, Assistant Teaching Professor and founder of Expert Insurance Reviews, recommends students looking to save money to prepare a budget. She says, “you can find budget planning worksheets online to help you track your income and expenses.
“Many colleges and universities offer financial planning courses or resources for students. The students at my university have access to iGrad financial literacy courses at no cost. These modules are available to all students anytime and include information on scholarships, budgeting, credit cards, and many other topics.”
3. Look For Alternative Sources For Textbooks
Melanie Hanson, Editor in Chief at EDI Refinance recommends that students “take the time to look for alternative sources for textbooks and other materials. In many cases, they're far more expensive at your campus bookstore than they are online if you know where to look.”
Good websites to find bargain second hand student textbooks include eBay, AbeBooks, CraigsList, and Facebook Marketplace - as well as any local student groups on your University’s Facebook page.
4. Access Student Discounts
Student discounts can be a fantastic way to save money on your day-to-day spending. Take a look at this list of the best student discounts in the UK - all you need is your student ID to qualify.
