As a student, you do not always have time to earn a little money while studying. Then saving is announced! But how? Here you will find savings tips that will save your wallet.
With these savings tips, you can save a lot of money
The monthly costs of students are u.a. from the rent for the flat, from electricity and water costs, from documents for the study and from the food in the form of food and drink together. There is not much left over to do expensive leisure activities or buy a little something. If you do not want to miss it, you should take a look at the following savings tips! With these little tips you can save a lot of money each month, so you can treat yourself from time to time without having to have a guilty conscience.
1st saving tip – Leave the car or carpooling form
Perhaps the most valuable savings tip is the formation of carpools. If you have to drive to the university by car then try to take as many people as possible or join a different carpool. So you not only save fuel costs, but also do something good for the environment.
2nd savings – Cheap living
A nice apartment does not have to be expensive! Student residences are a cheap alternative to expensive new buildings from landlords. Especially the Studentenwerk offers apartments at low prices. But there are also apartments of non-profit associations and many a house is located in student self-government. There is also the possibility to join a connection. Here you live sometimes even free. Admittedly, this is because joining a relationship involves other commitments and not everyone is made to live in that way.
3rd saving tip – The exemption from the radio broadcasters
The GEZ was abolished in 2013. But that does not mean that Father State does not always pull out a bit of money for the poor student – the GEZ has been replaced by the no less expensive broadcasting contributions. What many do not know: As a student you can get rid of the fee. Recognized reasons are e.g. the receipt of BAföG, the receipt of vocational training assistance, a disability and certain special cases.
- Savings – Insurance does not necessarily have to be expensive
Everyone in Europe has to be insured – even students! As a student you are insured up to the age of 25 through your parents. After passing this age students have to assure themselves. Health insurance companies offer student rates. These amount to about 65 euros a month and include long-term care insurance. So insurance does not always have to be expensive. However, this benefit ends i.d.R. at the age of 30 or at the 15th semester. Only in certain situations is it possible to insure yourself at a low cost.
- Spartip – Before opening an account: Compare offers
What also not every student knows is the fact that financial institutions also offer perks. If you want to open an account, you should definitely compare the offers from different banks. Incidentally, banks are the ones that can also show good savings tips.
- Spartip – Use the semester ticket
You can save money with the semester ticket of the university. With such a ticket you drive much cheaper by bus and train than is the case without a semester ticket. The Semesterticket is available at the enrollment or during the registration for the new semester. The semester contribution can be paid inclusive as well as exclusive to the semester ticket. If you want to save money, you should definitely pay the “inclusive amount”! Because the cost of driving home on the weekends adds up faster than you think. You also get discounts on the Bahncard with the semester ticket. For which area the ticket is valid differs from university to university. Some universities even have such an extensive ticket that you can travel with them in the state of the university ICE without having to pay extra.
- Spartip – A real student always has the student ID with them
In addition to discounts at the BahnCard, students enjoy further cost reductions:
- to travel
- Internet contracts
- mobile phone contracts
- Newspaper and magazine subscriptions
- swimming pool
- movie theater
Of course, the individual organizations and providers will not impose the discounts on you. Therefore you should always inform yourself about possible cost reductions – these are obtained more often than you might think. To be eligible for a reduction, you must present your student ID.
8th Spartip – Good and cheap: the food in the cafeteria
Not only the food with the parents is tasty: Also in the refectory or in the cafeteria of the university there are delicious food and mostly very cheap. In many universities, not with cash, but with a Mensacard o.Ä. paid. So you do not even have to have money to eat reasonably – assuming the Mensacard is charged. An equally inexpensive alternative to the cafeteria is the independent cooking.
9th Spartip – A budget book gives you an overview of your finances
With the savings tips explained you save a lot of money. If you want to increase the effectiveness of your austerity measures again, you should create a budget book. All monthly expenses are listed here: the costs for the car, for the internet, for books, for cooking, etc.
Of course, the fixed costs such as the contributions for the insurance and subscribed newspapers may also be included in the list. The expenses are compared to the monthly income, be it child benefit, the money from the parents, the money from a side job or another source of income.
With such a budget book one becomes aware of the difference between the monthly income and the monthly expenses. If you take a look at the difference in the last month, you can decide for the upcoming month, if you have to save massively or if you can treat yourself to a little something.
10th saving tip – Do not always pay by card
Another useful saving tip to finish: Pay as rare as possible with your debit card. While this may be convenient, it also increases the risk of losing track of your finances. If you hold the money in your hands, it feels like it’s being lost when you spend it. So you think twice, whether you actually need another pair of shoes or whether you prefer a little change for “bad times” set aside.
If saving is absolutely not yours, take care of a job job with an impressive CV!