As part of our quarterly theme of Financial Markets and Risk we\u2019re looking at current financial trends, hearing from accounting academics and giving insights into banking. Our resident alumni blogger Carl Lincoln has launched a new business venture ‘Wiser Wealthier’ – a money-saving advice platform. Here Carl shares his top ten money-saving tips for students.<\/p>\n
A quick Google search reveals a whole host of student money saving tip listicles. Don\u2019t get me wrong, there\u2019s some really good ones, especially from the likes of Money Saving Expert<\/a> and the newspapers. The problem is that they all involve things that take time like getting a job, living on a yacht (yes, seriously!) and budgeting before you start your course. I want to change things up a bit and help you identify 10 ways you\u2019re wasting money as a student that you can fix right now.<\/p>\n If you\u2019re in Liberty Quays<\/a> you may well live right above a Tesco \u2013 how convenient! If not, most student towns are littered with them. These retailers\u00a0know what they\u2019re doing and so convenience stores are always more expensive. Consider shopping online or walking a little bit further to the nearest superstore.<\/p>\n I bought quite a lot of the recommended textbooks during my first year at Kent Business School<\/a> and quickly realised that there were a couple that I barely even touched. Instead of buying them, be quick at the library <\/a>or failing that look for second hand books on Amazon. Another option is for a few of you to chip in and arrange a time to study together so that you all have access to the book.<\/p>\n Other than for people with a particularly restrictive or specific diet I have never understood why students feel the need to shop for themselves and then label everything! If you just do a big communal shop you\u2019ll get loads more bulk discounts and there won\u2019t be any fights over who ate who\u2019s food because it\u2019s all there for everyone.<\/p>\n I\u2019m going to get a little philosophical here \u2013 bear with me. If you can resign yourself to the fact that things are going to be hard financially for the next couple of years it will be easier to cope with going out a bit less and not buying so many new clothes. By accepting it you will adapt. If you try to fight it you\u2019ll have a bad time at best and make yourself utterly broke at worst. You\u2019re at university for a relatively short amount of your life and by gaining a degree and some killer transferable skills the\u00a0benefits will soon start rolling in.1. Shopping Locally<\/h2>\n
2. Buying Textbooks<\/h2>\n
3. Shopping for Yourself<\/h2>\n
4. Taking a Short-term View<\/h2>\n
\n