Becoming a student is an exciting time for any young person, with a lot of changes coming their way. You will have loads of newfound freedom, a chance to learn about something you love, and, most importantly, your first opportunity to manage your own money. Finance is probably the scariest part of getting into this part of life. Having never managed it before, you will have a lot of learning to do, and not much time to do it. Of course, though, if you’re savvy enough, you might not have to have a hard time at all.
What You Spend: In reality, most students have little reason to spend money on anything other than rent, food, and the other essentials which come with life. Of course, you will probably want to spend something on yourself, too, but this shouldn’t cut too far into the money you have. Companies like Urbanest can help you to find student accommodation in luxury locations and with beautiful interiors, and they don’t have to cost more than what you would get with the university itself. Often having bills included, this can save huge amounts of money, and you won’t have to compromise on your living situation to achieve it.
Books, Books, Books: One of the most expensive parts of studying is the paperwork which you have to buy to go along with it. With some books costing as much as a new smartphone, it’s easy to see how it can be hard for people studying to afford these materials. In most cases, though, you can find very similar content in the form of e-books. Digital books like this are best read using a tablet computer, but this will only cost the same as a couple of your core texts, and may be able to save you money.
Something On The Side: While the life of student can be a very stressful one, it often isn’t very busy. For a couple of months each year, everything will be full steam ahead with your work. But, for the rest of it, you will either be slowly learning or away on long breaks. During these times, you have a great chance to make some money, and it will only take finding a job or starting small business to do it. With some extra finance in your pocket, it will be a lot easier to get through the year with a good amount of money saved up. Of course, it can be worth dropping this once you have gotten back into your studies.
Hopefully, this post will inspire you to start working harder than ever before on your studenthood spending. By finding ways to make things cheaper, make some extra money, or even get things completely free, you will make it easier to avoid compromise in your living. When everything is new and life is getting overwhelming, being comfortable will be very important, and a lot of people will find it hard to learn how to look after their money when they aren’t earning anything.
