7 Ways to Save Money as a Student in Oxford, UK

Whether you have a part-time job or not, you need to save money as a student when you are studying at Oxford UK. The temptation to spend is everywhere. The expenses are rising every day but the budget stays the same. By adopting a few hacks and tips, you can save money. Here are some of the best money-saving tips for students in the UK. These 7 tips can help you sort your life as a student.  

Oxford is one of the best destinations for international students who are pursuing their studies in the UK. For those who are newcomers, it is important to understand the cost of living in Oxford. Living in Oxford is more expensive than in cities like Birmingham or Manchester. Staying over here can cost you around £820 per month, excluding the tuition fees. The cost of student housing can range between £165/week to £333/week. Please be mindful that the cost of living in Oxford will completely depend on your lifestyle.  

Tips to save money  

1. Set your budget right: First thing first, you need to set your budget. Living in a high-end city can be tough. You need to understand that you will not survive at £100 per month, but you need to have a reasonable budget keeping in mind your every expense, including the rent of the student accommodation in Birmingham, groceries, transportation, etc.  

1. Student discounts: Being a student means you can enjoy some perks. Almost every place offers student discounts in London. When you start in September, it is best to keep an eye open for student discounts. You can find different vouchers across the academic year. You can seek such discounts to ensure you have a comfortable stay.  

1. Go with supermarket labels over big brands: supermarket label brands are cheaper than big brands, and you will be surprised to know that the prices vary. The quality of the products may differ, but you can try the supermarket label products at least once. Afterwards, if you decide that the big-name brands still taste better and are worth the expenses then you can buy them. However, if you can save some money on it, then you can splurge it on other treats or buy more groceries with the same money.  

1. Commute in public transportation: Most of the universities are city-based with the best public transportation links or they are campus-based as you can get everything on your doorstep. You probably will not need a car when you are studying. Thankfully, when it comes to public transportation options, there is a wide range of offers for discounts. If you are planning to get on the train, then you can get a 16-25 railcard. It is one of the best options to go with. You can also travel by local buses. These are the cheapest ways to get around. Check whether you are entitled to any kind of student discount or monthly passes so that you can save money as a student in Birmingham.  

1. Cook your meals at home: If you want to save money on food, then it is advisable to cook food at home. This is one of the major points by which you can save money. Cooking your meals can help you live economically in a city such as Birmingham. You can buy your groceries weekly or cook your meals yourself. Otherwise, an average meal will range from £25-£30. 

1. Accommodation: You can save a lot of money if you have your accommodation or even if you share the accommodation with a friend. You can try and weigh all the options economically before you select accommodation for the year.  

1. Avoid unnecessary transportation trips through Uber and taxis: You can try and avoid travelling by taxis or Uber during peak hours. If it is needed, then you can try out pooling out with friends. This can help you a lot in saving your money. These are some of the tips and ideas that you can use and think about before you proceed on the educational path. This way you can succeed and make things work as you want. 

Conclusion 

With these tips and hacks, you can easily have a safe and comfortable life in Birmingham. Budgeting for students can become much easier when you know the right way. You can enjoy staying in this place when you know you have money in your hand. If you run out of budget every month, then it can be difficult. 

Also read: Living and Learning in Liverpool: Guide for Students