Living on a budget can sometimes feel like an overwhelming challenge alongside your studies, trying to make new friends and adjust to a new city. Here are some tips on how to manage your finances while at university.

Embrace cooking at home!

Takeout and ready meals can nibble away at your budget faster than you can say ‘instant ramen’. Not only can you save a heap of cash, but you also get to experiment with your culinary skills. Start with simple recipes that need minimal ingredients, like stir-fries, pasta, or hearty soups.

Check out local markets for fresh, affordable produce. Batch cooking is another game-changer; whip up a big pot of chilli con carne or a lasagne, and freeze portions to enjoy throughout the week.

Use student discounts like a pro

Being a student comes with its perks, and one of the best is access of a variety of discounts. From local restaurants to national chains, student discounts are everywhere- if you know where to look! Sign up now to TOTUM, UNiDAYS, Student Beans and MCR Met FOOD app to get started.

Remember, it’s not just about saving on food; many retailers offer discounts that can help you score cheaper travel like the 16-25 railcard to save you a third on train tickets. Click here to get yours now.

The Union’s Finance Office is the best place to get a bus pass. It can be purchased in cash, with a credit card, or using your Met Card. We offer weekly, monthly, and annual travel access. Visit the Finance Office in the Union, and we will gladly walk you through the options.

Get cosy with budgeting apps

Download budgeting apps that make managing your finances a breeze. Apps like Monzo, Snoop, or YNAB (You Need a Budget) can help track your spending, set financial goals, and even alert you when you’re getting close to budget limits.

Our Student Financial Support Team are available to offer advice and support. Contact the Student Financial Support Helpline on 0161 247 1045, Monday to Friday 9:00am to 4:15pm. We offer support funds that can help if you are experiencing financial hardships.

Find free entertainment

University is not just all about studying. Check out free events on campus during welcome week or explore the many museums and galleries that offer free admission.

Join student societies; they often organise events and outings that are included in the membership fee, which can be a fun way to make friends without breaking the bank. Check out https://www.theunionmmu.org/groups

Happy Saving!

Any other tips you recommend?