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Top Tips on How to Save Money as a Student

Worrying about money when trying to study can lead to stress, and affect your chances for academic success. Making ends meet on a student budget isn't easy, but there are ways to make your money stretch further.

Scroll through our top ten strategies to help you save money at university and avoid student debt...

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5. Careful budgeting

Draw up a weekly student budget and stick to it. Take time to review it regularly. Before you buy anything, ask yourself if you really need it and if you can afford it.

If you formulate a budget and stick to it, your finances will be more manageable. You can do this by making an Excel spreadsheet, or by using a money management programme to list your income and necessary expenditure. There are many free apps you can download to help you do this.

Budgeting will indicate how much money you have left to spend on yourself. If you set a cash limit each week you can draw this from an ATM and then go out the house without your bank card. This will help to eliminate the possibility of overspending and getting into debt!