AJ’s advice – how to get by with no money
|March 31, 2012||Posted by Alaa Jasim under AJ's Advice|
Having just figured out that in four years time I, along with thousands of other students, will be in £50,000 worth of debt, this is a topic that concerns not only me but, I’m sure, most students who are starting university next year. Saying that “money will be tight” is something of an understatement, and a lot of people are worrying about how they’re going to get by during their student years. It’s not going to be the best position to be in, but we still have to make the most of being in university while we can – after all, it is supposed to be the best time of our lives. So what can we do with very little money? Still a fair amount, but we’ll all have to be careful about it.
Look out for offers
This seems fairly obvious, but with companies out there such as LivingSocial, Groupon and studentbeans constantly pumping offers and deals at you, it’s a lot easier and more fun than just staring at those giant, yellow signs in Tesco. Sometimes the odd tenner off a haircut can be really helpful if you need something else as well, or if you want something you don’t really need. Even if you want to save for something, looking out for money-saving deals can be a pretty efficient way to reduce spending.
Go out, but not too often
It’s important to have a social life, it’s important to go out, but maybe not every night, eh? If you do go out and you don’t want to spend too much, buy drinks that will take you longer to drink and leave your cards at home – that way, your cash won’t be so accessible and thus you won’t be able to spend it all. Or, instead of hitting up a bar, be sociable but do something that doesn’t involve spending much. If the weather’s nice, you could plan a picnic, and leave your purse or wallet at home (but do just carry a bit of cash in case you need to get a taxi home).
Don’t worry, but be aware
Don’t let troubles about money get you down, but keep in mind that you won’t be able to do everything the better-off people you’re bound to meet can do. Don’t be afraid to say no to something. It’s annoying having to miss out every now and again, but look at it this way – they’ll appreciate you more when you’re actually there! It will probably be prudent to get a part-time job, but don’t let that get in the way of your studies. The point of you being at university is to get your degree. Try not to let money worries be the reason for you not doing as well as you should.
It’s going to be a tight couple of years, but there will be help if it’s needed. Almost everyone will be in the same boat as you. Plan ahead, be cunning with your spending, don’t waste too much on things that you don’t need, and you’ll be fine.
That’s all from me this week. I’ll be back next Saturday with more helpful ramblings, but until then please do share your best money-saving tips in the comments below. Have a good week!