15 tips for students to save money

Are you already looking forward to it? Student life is about to begin! That means not only studying hard, but also student associations, parties, study trips, late hours, and more. All very nice, but it also means that there are a lot of extra costs. Study costs, renting your room, shopping, going out… you can certainly use our 15 tips to save money for students! Read all about it here.

Tip 1: Take advantage of student discount

If you take your student card with you, you can often benefit from a discount. This can often be done, for example, at the gym, hairdresser or restaurants. Always ask, sometimes it is not clearly indicated, but there is still a discount.

Tip 2: Choose an affordable supermarket

The cheaper supermarket often has excellent products that are just as good as more expensive brands. Always choose the private label version of your favorite groceries. Also keep an eye out for offers and take advantage of them.

Tip 3: Smart night out

Going out can cost some money. Check whether you can enter for free at nightlife venues, for example for a certain time. Sometimes you can also take advantage of a student discount. Or throw a party at your home! Let everyone bring something to eat or drink, then everyone contributes.

Tip 4: Go to the market more often

On the market vegetables, fruit and other groceries are much cheaper than in the supermarket. Try to go to the market regularly for your groceries. Then you save a lot of money and you also have nice fresh products.

Tip 5: Don’t throw away food

Before you go shopping, it is good to see what you still have at home. Are there any leftovers in the fridge? Make a new dish with it so you don’t have to throw food away. This prevents waste and saves a lot.

Tip 6: Smart shopping

Do not go to the supermarket when you are hungry, then you are guaranteed to take products that were not on your shopping list. It is also smart to go shopping late, many products are then a lot cheaper.

Tip 7: Eat with your roommates

Eating together is a lot cheaper. Keep track of what everyone spends on groceries and share the costs. That way you save money and you can also have a nice meal together.

Tip 8: Buy your textbooks second-hand

Textbooks can be very expensive. That’s why it’s better to buy them second-hand. Make sure you buy the correct pressure. If the books are no longer needed, you can also resell them. That way you save real money!

Tip 9: Bring your own food

Buying a tasty sandwich on the way or in the cafetaria is very tempting. However, you better not do this. It is much cheaper to bring your own sandwich. This saves a lot of money at the end of the month.

Tip 10: Travel cheaper

Traveling by public transport can cost a lot of money. Use your student public transport card whenever possible. Don’t have it? Cycle or walk more often, which saves a lot of money.

Tip 11: Save on fixed costs

Pull the plugs from the socket, use LED lights, shower for a maximum of 5 minutes and make sure you switch to the cheapest energy supplier. These are just a few examples of how you can save on your fixed costs.

Tip 12: Shop second-hand

Nice furniture or nice clothes don’t have to be expensive. You can find a lot of nice things second hand. Search for second-hand items on the internet or organize an exchange evening with your fellow students. Take some clothes you don’t use anymore, put them out and trade them!

Tip 13: Apply for benefits

Students are often entitled to housing allowance and healthcare allowance. Apply for these allowances on time. You are entitled to it, so it is recommended that you take advantage of it.

Tip 14: Ask for practical gifts

Receiving gifts is always fun, especially if it actually works for you! So ask for gifts that you can actually use. Think, for example, of kitchen tools, a handy set, furniture or that nice thermos.

Tip 15: Take on the challenge

Our challenge: spend nothing 1 day a week. Not even a penny! You’ll see how much money you’ll save if you don’t spend 4 days a month. And you immediately become aware of how often you actually want to buy something. That can be very useful to know. Are you up for the challenge?

Take advantage of our tips to save money for students!

Did you enjoy reading our tips for students to save money and are you enthusiastic? Then we have another bonus tip for you! Download the free iBilly app to see all your income and expenses at a glance. You can easily synchronize all your banking transactions. That way you can see at a glance how you stand financially. You can also set savings goals and budgets, very useful as a student. The app also automatically calculates your future expectations so that you are not faced with surprises. And there’s more, download the app and see for yourself how the useful features help you save money. Are you stuck? We are happy to help you!

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