How to do Christmas on a Student Budget!

14 December 2018 Hints & Tips

How to do Christmas on a Student Budget!

 

Although being a student does have its perks (ahem *freshers week* ahem *3 months off for summer*), it does also have its negatives. Christmas can put a big strain on students relying on student loans and part-time work wages, but that doesn’t mean its impossible to have a good time as well as showing your loved ones just how much you care about them! Amidst the endless parties, shopping trips and Christmas do’s, there are still many ways that can help you to save some money so you’re not completely skint.

 

Set A Budget

If you’re anything like us, it can be hard to fight the urge to spend your entire life’s savings on luxurious presents for your nearest and dearest. The first step in all of this is to look at your finances and realistically set an overall budget, and a budget for each person specifically. Don’t forget to take into account things such as bills and outgoings early next year (such as rent!) so you don’t leave yourself short. It’s the thought that counts, and people won’t be expecting the world from you especially knowing you’re a student!

 

Make a List

Have a think and make a list of potential gifts for people. Try to be as concise as possible and don’t get carried away; its very easy to click add to cart when scrolling down ASOS, but before you know it your baskets at £500! If you have a large friendship group or family, maybe suggest doing a secret santa which means you can focus on one person, cutting down costs tremendously!

 

Shop Around

Once you find the perfect present for someone, try to resist the urge to buy it straight away. Have a look around on different sites or in different shops, as pricing gets very competitive at this time of year meaning it will probably be cheaper elsewhere. Its also a good idea to look for discount codes and deals that may be floating around, twitter can be quite useful for this!

Travel

Train tickets can be very expensive around Christmas, especially on longer journeys. The earlier you book them the cheaper they will usually be, so try to book tickets as soon as you know when you’ll be going. Off-peak tickets are always cheaper too, and with a student railcard you can save 1/3rd of the cost. You could also see if any of your uni friends are travelling to the same area, and if they drive split the cost of fuel!