{"id":25135,"date":"2023-11-23T10:00:35","date_gmt":"2023-11-23T09:00:35","guid":{"rendered":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/?p=25135"},"modified":"2023-11-22T13:50:56","modified_gmt":"2023-11-22T12:50:56","slug":"five-ways-i-spend-less-in-bournemouth","status":"publish","type":"post","link":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/2023\/11\/23\/five-ways-i-spend-less-in-bournemouth\/","title":{"rendered":"Five ways I spend less in Bournemouth"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Bournemouth is a beautiful city for the adventurous. Filled with indoor and outdoor activities. It is difficult to not engage in activities across the seasons.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Apart from tourism, Bournemouth is also known for its numerous high-quality educational platforms. Every year, thousands of students from all parts of the world begin their education journey. Navigating this and keeping afloat is crucial. This article seeks to help you reduce your expenses and maintain your income while schooling in Bournemouth.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Have a budget and stick to it<\/strong><\/p>\n<p><span style=\"font-weight: 400\">Having a budget, helps you visualize what needs to be done in the month and keeps you within the confines of what you actually earn monthly.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For many who struggle with spending, your budget shows you how good or bad your spending habits are and also helps you see how much you are spending monthly on things like rent, food, and <a href=\"https:\/\/www.universityliving.com\/blog\/student-finances\/cost-of-living-in-bournemouth\/#:~:text=Bournemouth%20is%20the%20second%20most,costs%20are%20%C2%A386%20%2F%20month\">outings<\/a>.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Save at least 10%<\/strong><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/C01B5F1A-0C60-4478-B2DD-7A6C5FBE87B8.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-25139\" src=\"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/C01B5F1A-0C60-4478-B2DD-7A6C5FBE87B8-240x300.png\" alt=\"Budgeting, the 50\/30\/30 budget rule\" width=\"240\" height=\"300\" srcset=\"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/C01B5F1A-0C60-4478-B2DD-7A6C5FBE87B8-240x300.png 240w, https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/C01B5F1A-0C60-4478-B2DD-7A6C5FBE87B8-819x1024.png 819w, https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/C01B5F1A-0C60-4478-B2DD-7A6C5FBE87B8-768x960.png 768w, https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/C01B5F1A-0C60-4478-B2DD-7A6C5FBE87B8.png 960w\" sizes=\"auto, (max-width: 240px) 100vw, 240px\" \/><\/a>Using the 50\/30\/20 rule in budgeting is advised by most financial advisors. However, it is not practical for some students who spend most of their revenue on basic needs like rent, utility bills, groceries, and transportation.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The 10% saving rule can be adopted by students to ensure that they have money set aside each month that can be used for future opportunities and investments. Look at it as paying yourself first.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Take advantage of juicy student discounts and opportunities<\/strong><\/p>\n<p><span style=\"font-weight: 400\">UK Students have access to an unlimited basket of money-saving possibilities and other advantageous offers. These include discounts, loans, scholarships, memberships,\u00a0 freebies, and an exclusive list of other packages.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">It is important to take advantage of these. At Bournemouth University, there are student scholarships, access to various free support with incredible teams, tons of part-time student jobs, and student discounts that make <a href=\"https:\/\/www.bournemouth.ac.uk\/why-bu\">studying exciting and cost-effective<\/a>.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/IMG_3913.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-25143 alignleft\" src=\"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/IMG_3913-265x300.jpg\" alt=\"Durdle Door, Hiking, Bournemouth landscape\" width=\"265\" height=\"300\" srcset=\"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/IMG_3913-265x300.jpg 265w, https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/IMG_3913-768x869.jpg 768w, https:\/\/microsites.bournemouth.ac.uk\/student-blog\/files\/2023\/10\/IMG_3913.jpg 828w\" sizes=\"auto, (max-width: 265px) 100vw, 265px\" \/><\/a><strong>Splurging<\/strong><\/span><\/p>\n<p><span style=\"font-weight: 400\">It is so easy to get so cut up in paying bills and saving pennies here and there that we forget to take care of ourselves.<\/span><span style=\"font-weight: 400\"> Though splurging is easily associated with extravagant spending it is the attitude of spending on one\u2019s self freely and without restraint.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Student experience is important, which is why it is good to have money set aside for spending on yourself. Besides, there are a lot of <a href=\"https:\/\/www.tripadvisor.co.uk\/Attractions-g186262-Activities-Bournemouth_Dorset_England.html\">cheap fun opportunities<\/a> in Bournemouth.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Track your expenses<\/strong><\/p>\n<p><span style=\"font-weight: 400\">What happens next you might ask, well, you track your expenses. Tracking your expenses traces where your money went within a selected time. You can identify how healthy your money habits are and sieve out money-grabbers that make it difficult to get value for money or to reach high levels of satisfaction.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">You can use various methods such as writing it down, using an Excel sheet, or taking advantage of financial apps that do this automatically for you such as Monzo, Revolut, or YNAB.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Although there are tons of ways to save money and earn more, this list has helped me to manage the resources that I have available while I study at Bournemouth University. I am confident that they would help your money work for you.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bournemouth is a beautiful city for the adventurous. Filled with indoor and outdoor activities. It is difficult to not engage in activities across the seasons. Apart from tourism, Bournemouth is also known for its numerous high-quality educational platforms. Every year, thousands of students from all parts of the world begin their education journey. Navigating this&#8230;  <a class=\"excerpt-read-more\" href=\"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/2023\/11\/23\/five-ways-i-spend-less-in-bournemouth\/\">Read more &raquo;<span class=\"sr-only\"> about Five ways I spend less in Bournemouth<\/span><\/a><\/p>\n","protected":false},"author":3797,"featured_media":25140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[704,1649],"tags":[148,2079,592],"class_list":["post-25135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-student-life","category-top-tips","tag-budgeting","tag-money-saving-tips","tag-student-life"],"acf":[],"_links":{"self":[{"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/posts\/25135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/users\/3797"}],"replies":[{"embeddable":true,"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/comments?post=25135"}],"version-history":[{"count":6,"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/posts\/25135\/revisions"}],"predecessor-version":[{"id":25250,"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/posts\/25135\/revisions\/25250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/media\/25140"}],"wp:attachment":[{"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/media?parent=25135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/categories?post=25135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microsites.bournemouth.ac.uk\/student-blog\/wp-json\/wp\/v2\/tags?post=25135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}