For those of you who are soon joining into university life you will have to go through the experience that is student loans!
For someone who is not on student loans let me tell you about some of the observations I made.
When student loans fist come in for the term the cinemas are fuller the pubs are crowded but once it draws towards the end of a term especially around Christmas and new years everything will be empty suddenly people will have no money left over to go out and the shops will be constantly out of super-noodles and other cheep but reasonably tasty foods.
It is a bit of a sad thing that I can tell whether loans have come in by the state of the local supermarket but that is the way it is. And it happens over and over again. So here some small advice on budgeting from me.
1. Special offers ( such as 3 for 2) !!!
they are the best i mean it! Not just for food but other stuff such as make up wipes and washing up liquid.
Most things you will have to eventually get more of so why not stock up on some essentials ?? It will definitely be cheaper then buying all things separate again in a months time or so. Also there are carry out specials for pizza and two for Tuesdays that will keep you fed for a few days if you choose to.
2. Freeze things
Lets be honest cooking for one person is a lot harder then cooking for a larger group as you just don’t eat as much stuff. when it is cheaper to buy stuff in bulk and you can’t eat it all that is where the freezer comes in. With enough space you will only need a the one or other large food shop to keep you happy and fed for a long time. It is especially handy to freeze leftovers or precooked foods for you to heat up late when otherwise you would have gotten an expensive take away.
3. Plan ahead
Someones Birthday coming up ? Some trip you want to take and have to pay for ? keep these things in mind and put some money aside for these things.
Also keep an eye on your balance putting some money aside is all good and well but if you forget about it and not check your balance that is no use then is it ? A weekly budget can help you as well though that is a very severe measure.
4. Consider some part time work
Just a day or two of work will give just this little bit of extra cash to spend and is also a valuable experience to put on your CV later. Just make sure you don’t loose track of your studies I mean that is what you came to uni for in the first place isn’t it ?
I hope that was at least partially helpful. Also the cat in the title picture is named George and insisted to inspect the shopping that was brought home.