|
Smyrna/Clayton Sun-Times
Find tips on family activities, saving money around the home and more from money-saving site BillCutterz.com
How to Live on a Student Budget
email print
About this blog
Want to guest post for BillCutterz? We'd love to hear your personal finance stories and money saving tips and tricks. Send an email to sydney@billcutterz.com to submit a post.
Recent Posts
April 11, 2014 12:16 p.m.
April 10, 2014 6:16 p.m.
April 3, 2014 12:01 a.m.
March 27, 2014 12:15 p.m.
March 26, 2014 6:16 p.m.
By Guest Author
Jan. 28, 2013 12:10 p.m.



How to Live on a Student Budget written by for BillCutterz Money Saving Blog.

How to Live on a Student Budget


Many people will give you advice on budget living and how to scrimp a few pennies, but few people cannot appreciate the cost of living until they try it for the first time. How you treat your money now will be an indicator of your future monetary success. You will have to decide if your future will be filled with riches or debt. Here is your guide for how to live on a student budget.

The 99˘ store is not your best option



People really think that the 99c store is the bee’s knees for being on a budget, but $20 will go much further in Wal-Mart than it ever will in the 99c. The items in the 99c store are not worth the money. If you really have to shop there for anything then you should buy non-food. Plastic tubs, mops and household items may be cheap Chinese goods, but they are still cheaper than supermarkets who will often inflate the prices to make up for the fact that the items take up so much floor space. Otherwise, there is no point in buying six tins of off-brand beans from the 99c store when you can get eight tins for $1 at Wal-Mart.

Wear the same trousers three days running



This may sound disgusting but your legs are one of the biggest areas of your body that are good at keeping themselves clean. Your feet sweat nearly two pints of sweat per day, your armpits and upper back produce a high number of excretions, but your lower half is fairly excretion free except for the parts that are covered by underwear. So wearing your trousers for an extended period will not cause a pollution hazard.

Force yourself to live on a certain amount



Put your money into a different bank account and leave the bankcard at your parent’s house. Budget yourself a certain amount per week and put the rest of your money in an account that is difficult and inconvenient to access. Visit your parents each week to remove the money you need (and no more).

Eat a packed lunch every day



This will not only act as a meal, but allow you to snack on it too. You can make a very handsome sized packed lunch and enjoy it whenever hunger strikes. Aggregate the cost over the week and you will see that you save a lot of money.

Make sure you eat breakfast every morning



It stops you snacking and promotes a healthy routine that will stop you becoming extremely hungry during the day. Extreme hunger pangs are the things that make you buy takeaway food or over-priced convenience food and snacks.

Leave the dorm with as much money as you need



Do not take your bankcard; just take as much money as you need so that you will not be tempted to purchase anything extra. Even if you really want something, you will be forced to leave it (and not waste the money).

Budget the amount of ready meals you eat



Ready meals are fun and convenient, but are an expense that you could do without. Even the frozen 99c ready meals are so small and lacking in nutrients that you are hungry again within 2.5 hours. It is better to budget them and eat them as a treat (i.e. the treat of not having to cook).

Learn the art of cooking leftovers



You will find a few button mushrooms left over, and a few slithers of bacon and a tomato, etc. These are all parts of the meals you made in the week, but why not try mixing them up so that you can eat them. Boil a packet of the dried noodles you bought for 12c and stir-fry the mushrooms, bacon and tomatoes. Throw in some soy sauce, Worchester sauce or Hoi Sin sauce, and sprinkle with salt. Keep the juices to pour over your noodles and you have a quick Chinese meal from your leftovers.

Be prepared to try cheaper foodstuffs



Don’t go buying cheap caged chicken that has no nutrients, but do consider things such as tinned potatoes, tinned beans, dried noodles and packets of rice. Consider eating spaghetti hoops on toast for dinner, and save a decent meal for teatime.

The article was written by Meghan, an education portal in USA writer.


The post How to Live on a Student Budget appeared first on BillCutterz Money Saving Blog.

Recent Posts

    latest blogs

    • Community
    • National