Learning to budget is important. Learning to stay within your budget is equally important—and can be achieved with a few tricks to save money without leaving you hungry or bored.
Buy used furnishings.
From table lamps to cutlery, you can find great deals on all sorts
of furnishings at second hand stores and garage sales. Or even
better, use Mom and Dad's old furniture.
Keep your phone simple.
Don’t buy services such as call waiting that you don’t
need, and take advantage of packages that offer reduced-rate long-distance
calling. Cell phones are an added expense that can easily be cut—especially
on campus where there are free phones in many buildings.
Consider going “cable free.”
Many students find that with their active lives and heavy
course loads, they don't even have time to watch TV. If you really
want cable, choose the basic cable service and ask about special
hook-up rates for students.
Reduce utility costs.
Turn your heat down when you are not at home (especially if you
are away for a few days), turn off unused lights, take a shower
instead of a bath, use blankets or a towel to stop gaps at the
base of doors leading outside, buy energy-saving light bulbs,
don’t leave taps running while you cook or brush your teeth.
There are many little ways to save energy costs!
Ask for student discounts.
Many businesses offer student discounts. Remember to carry your
student ID with you at all times.
Look for cheap entertainment.
There are lots of options, including cheap Tuesdays at movie theatres
or second-run movie theatres, free or low-cost live theatre on
campus, free concerts and festivals, free Huskie athletics games,
free Campus Rec activities, potluck parties, and more. Use your
imagination!
Buy used textbooks.
Many students sell textbooks when they are finished using them,
either through ads in the Arts Tunnel or around campus, through
the U of S Bookstore or through Browser’s—the
used bookstore/café on campus. When you’re finished
with your textbooks, you can sell them for cash too!
Bring lunch, snacks and beverages from home.
Buying lunch on campus is much more expensive than bringing a
home-packed lunch. Save campus lunches for a treat. Make sure
to include snacks, such as bars, gum and cookies on your grocery
list, and remember that $5.00 = 5 cups of coffee on campus or
60 cups of coffee from home.
Take a walk!
Why not walk to school, the store or the gym? You will
save on bus fare or gas and parking—and more importantly
you'll do your body some good.
Grocery shop smartly.
Write yourself a grocery list to avoid impulse buying, and always
eat before you go shopping. Take time to consider what you are
buying, and why. Do you really need brand name items? Buy in quantity
when it is more economical, and freeze in portions that will feed
the appropriate number of people. Buy “in season”
fruits and vegetables.
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