Living life on a Budget

Mary McSwiney Student Life Officer

Date

January 22, 2016
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For many students, money matters can be a source of stress, confusion and often panic! But with a bit of planning and a few tricks surviving on a budget is not so bad. 

Make a plan

Write out a budget for the semester and don’t leave anything out. How much cash you will need for food, travel, socialising, trips, birthdays, books –everything! There are some really helpful budgeting apps available that can help you track how you spend your money.

Travel

One of the most fun aspects of study abroad but it can also be the most expensive! 

In Ireland

When travelling in Ireland don’t forget to use your student travel card for discounts on buses, trams and trains. There are also number of private inter-city bus routes that offer great deals for on-line bookings – City Link, Dublin Coach and the AirCoach.

Overseas

For overseas travel, check out flight comparison websites like Skyscanner for the best price. When using low cost airlines like Ryanair,  just make sure to follow these pesky terms and conditions! Airbnb and hostelworld are both good options for cheap accommodation. When travelling by bus or train in Europe always ask if they do a student or under 26 discount.

Food

Eating out is convenient but it can end up costing you big bucks in the long run. Put your kitchen to use and get cooking! There are a wide range of supermarket options in Ireland ranging from super cheap (Lidl and Aldi) to pretty cheap (Tesco) and not to so cheap (Supervalu & Dunnes). Tesco also offer a delivery service from about €4 – €7; for many students this works out cheaper than travelling by bus to the supermarket and could even be split between house mates.

Check out last semester’s top tips for cooking on a budget for more money saving ideas.

Be savvy

Get to know the available deals and discounts in your area. Websites like Groupon and Living Social are great for discounts. Mymenupages even compiles all the restaurant offers and early birds into one site – very handy!  Don’t be afraid to whip out that student travel card – it offers students discounts on everything from clothing stores to McDonalds.  So ask everywhere if they do a student discount.

Good luck!!

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