Money Matters

Minimum budget, maximum life! – Here’s how

By Jul 5, 2018 No Comments

Budgeting is synonymous with being a penny pincher and having less fun because of the consciousness of money constraints. Yet, it does not have to be this way. Budgeting and frugal living can take your money so much further without being a party pooper.

Here are our top three student friendly frugal tips

1. Bring old school back
Some things are not just classics in their own right, but can do wonders to your pocket if you embrace the old. Think of things like furniture. Rather than getting yourself into debt when looking for a study desk, cozy chair and the rest of your student digz furniture; you will be surprised what affordable, awesome finds you can spot at thrift shops, swop shops or from friends getting rid of their stuff.

2. If it’s not broken, don’t fix it
Email? Check. WhatsApp? Check. Skype? Check. Messages? Check. Cool applications (apps)? Check. So what if your mobile device is a little rusty and scratched up here and there. If it is doing all that it should, don’t change it just to keep up with the Jones’. The same goes for your laptop, desktop and other gadgets. Resist the urges of popular culture to replace and renew unnecessarily.

3. Try some DIY
Is your favourite pair of jeans under the weather? Or your go-to shoes tearing? Grab super glue or stitch them together. Perhaps you can even come up with creative, innovative solutions through DIY (do-it-yourself) means. You may just release the Picasso out of you.

Whether it is opting to shop for fresher and cheaper ingredients at Jozi’s food markets, to washing your own hair and getting your bestie to spritz you up with a plait and nail polish do (as opposed to going to the hair dresser or nail bar); there is always something fun about frugality. The best part is that it allows you to get more and do more, at a fraction of the cost, leaving you a small surplus for those unbudgeted impulse happenings.

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