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Money Saving Tips For Uni Students

After the harsh reality of emptying their bank account for the pleasures of higher education, the last thing the average uni student wants to think about is spending more of their precious cash. However, whether they like it or not, more spending will definitely come their way. Whatever the reason, it’s important for students to learn how to save their money.

Money management is crucial for students as they’re in a position to spend rather more lavishly than they might be used to. Plus, spending habits can be difficult to control when enjoying the freedom university provides. On top of this, it can be beneficial for a student to learn how to control their savings earlier rather than later, so they’re further prepared for later life. In fact, a whopping 70% of students wish they’d had a better financial education in preparation for university, and 78% worry about making ends meet. Claiming they hardly have enough money to eat or drink, let alone do anything else!

But all is not lost! PIWoP can provide the struggling student with a few simple tips in helping them save their much needed cash!

Take advantage of student discounts



There are student discounts for almost everything you could imagine. Whether you’re looking for savings on food, clothes, health and beauty products, entertainment, technology, subscriptions, school supplies and even travel, a simple flash of your student card can help make all the difference.

Although virtually all those with access to a student card make sure to get a little money off their bus ticket in the mornings, and then perhaps save a little on lunch, the truth is that most don’t fully realise how much money they could be saving. Make sure to do your research online of what discounts your card will offer - and if you’re ever unsure of what you’re entitled to, there’s no harm in asking at the till. You might even be surprised!

Learn to Cook

A huge money waster is unnecessary spending on food. This can be hard to hear for some people, and they will undoubtedly respond with ‘I need to eat!’, but the difference in cost between multiple take-aways, meals out or even shop-bought ready meals and a variety of ingredients ready to be made into many tasty dishes, is simply staggering.

Learning a few simple recipes that are cheap to make and satisfying to eat is an easy and achievable goal. The money you save will be immediately noticeable and incredibly satisfying.

Use a price-tracking tool!

There’s nothing wrong with wanting something you don’t need, and there shouldn’t be anything wrong with buying something you don’t need. There is something wrong, however, with over-spending on something you don’t need… or do need, for that matter. University is full of extra expenses; some compulsory, and some entirely personal, but you should never spend a penny more than the fairest price, and PIWoP’s price-tracking tool is the answer to this problem.

By using a price drop alert tool, you can keep track of the price of any items you want to buy. You will receive a price drop alert when it has dropped to a price you want to pay and from there you can purchase it. At PIWoP, our low price shopping experts provide a unique price alert service that tracks the price of the item you want. Our price tracker app scours the web every six hours until it finds the price you want to pay.


If you would like more information about PIWoP, get in touch with our team or visit our How It Works page today!

Money Saving Tips for the Winter


As the cold, and potentially snowy, months draw nearer there are certain expenses that rear their ugly head. Whether we’re spending because we have to, or just for pleasure, the money leaving our pockets is never a nice feeling. Especially when we feel like we’re paying more than we should be, which is often the case.

There are plenty of things to pay for in the winter months. Christmas is an obvious one but there are a great deal of other things that can cause our bank balance to plummet. Here is some insight and advice on how to save your money and avoid these hefty expenditures:

A Winter Ready Car

Upgrading your vehicle in preparation for the harsh change in weather may feel like an unnecessary waste of cash at first. But, getting your car ready for the worst is certainly preferable to getting in a nasty accident due to the various dangers that winter offers to the average driver.

Spending a little time performing some basic checks on the lights, screenwash, oil levels, coolant levels, tyres and windscreen wipers is likely to cost you very little, or maybe nothing at all. Any other payments you make to prepare your car for winter will definitely be well spent, and a lot cheaper than the costs of repairing a damaged car.

Research Energy Suppliers

Energy consumption is at its highest over the winter months, and you’re going to need to switch to the cheapest supplier in your area to really see the savings building up this season. It’s easy to assume you’re getting the best deal possible when the warmer months go by without any drastic cash-loss, but come winter you’re likely to see a change.

Switching to the cheapest energy supplier in your area can help you save hundreds of pounds throughout the year, and leave you with more money to spend on the festivities of the season, or to sensibly put away in your savings.

Energy saving tricks

As already stated, your energy bill will be highest over the winter months, but there are several easy to tricks worth remembering to keep your energy-spending to a minimum. Rather than relying on your heating, time your radiators to heat up for a few hours when you wake up, and again in the evening. In the meantime, wrap up warm with jumpers, blankets and thick socks. Not only will this save you money, it will also leave you feeling quite festive in preparation for Christmas!

Some other simple pieces of energy-saving advice are to make sure to turn off any lights, heaters or electrical appliances left on in empty rooms. Also, turning down your thermostat by just 1 degree can help reduce your heating bill by 10%!

Try a price tracking tool!

There are plenty of other things to drain our bank accounts over the winter months, like Christmas shopping, winter sports and thick coats. A price tracking tool can help you save a lot of money when looking to invest in any of these things, and a lot more!

By using PIWoP’s price tracking tool, you will be able to save money whilst getting the best shopping deals there is. You can easily keep track of all the items you’re interested in, and when any of them drop to a price you want to pay you will receive a price drop alert and can purchase your discounted items online from there.

If you would like more information about PIWoP, get in touch with our team or visit our How It Works page today!

 

Good Habits of a Money Saver


Everyone wants to be a gifted money saver. Everyone wants to find themselves still flushed with cash two weeks after pay day. Everyone wants their bank account to be prepared for the worst, but without the right habits it can be near impossible to suddenly start saving like a pro.

According to the Guardian, 70% of the UK’s working population are “chronically broke”, and on top of that, 30% of these poor souls living paycheck to paycheck say that they are concerned about their level of debt, or simply not managing to get by.

Learning how to save your money effectively is paramount in regrettable situations like this, but jumping in at the deep-end is a good way to get in over your head. So, here are a few good habits of a successful money saver to get you started:

Keep track of the little things

It’s vital for a low-earner to understand that everything adds up. A cup of coffee here, and a £0.79 app there; they don’t seem like much at the time, but when you’re wondering where all the money went, these small daily expenses are often to blame. If you are going to spend a little here and there on these cheap luxuries, make sure to keep track of each cost so the resulting damage to your bank account doesn’t come as such a shock.

Understand the difference between wants and needs

It’s certainly okay to treat yourself every now and then, but if you end up treating yourself daily then your bank balance is going to plummet. Understanding the difference between wants and needs is the answer to this problem. Although it can feel miserable to limit your once-regular luxuries, it will feel wonderful in the long-run when you see all the savings you’ve accumulated from the simple practice of not spending.

Have a budget

Creating a budget is one of the best pieces of money saving advice you will hear and is probably the biggest step towards a full piggy-bank. Although you will have to push the boat out a little to draw up your budget. It’s worth preparing a written chart or spreadsheet that you can update and balance regularly to help you fix your messy spending habits. This is an essential tip as you can’t begin to save if you don’t know how much money you have to begin with.

Try a price tracking tool

The last thing you want to do when trying to save money is overspend on a regular purchase. By using PIWoP’s price tracking tool, you will be able to save money whilst getting the best shopping deals there are. You can easily keep track of all the items you’re interested in, and when any of them drop to a price you want to pay, you will receive a price drop alert and can purchase your discounted items online from there.

If you would like more information about PIWoP, get in touch with our team or visit our ‘How It Works’ page today!

Tips for Choosing a Halloween Costume on a Budget


For a day that comes around just once a year, the amount we spend on a single-use costume can seem outrageous. In fact, it was reported in 2018 that Britons spent a total of £400 million on Halloween and this number is set to rise this year. Despite the obvious desire to have the best costume at the party, our wallets may start to protest!

The idea of sticking to a budget will often go out the window as we start to piece together our perfect costume. After all, what harm could come from spending a little extra on your dream fancy dress outfit! However, it’s important to think about where the money you spend on a costume could be better spent. Whether it’s the house deposit you’re saving towards or paying off your next lot of bills, here are four money saving tips from PIWoP, low price shopping experts, on how you can keep your costumes exciting yet affordable.

Go homemade

Homemade costumes are often kicked to the curb in favour of rubber masks and other pricey, store-bought items for the sake of ease, but the charm a homemade costume can bring is unsurpassable. Buying items you find around your home, as well as a few other cheap bits from craft stores, you would be surprised at the infinite number of interesting, hilarious and even thought-provoking costumes you will have at your disposal. Plus, your wallet will thank you for letting your creative side run wild.

Hold a costume swap with friends

It can be difficult to clear out old costumes – mainly because you’ve spent so much on them and feel that you haven’t got your money's worth. However, you are bound to have friends and family who feel the same way! If you’ve got friends eager to find new Halloween costumes, it’s only logical to start swapping. Why not host a swap party where everyone brings the costumes they want to get rid of and they must leave with something new! It doesn’t get much more satisfying than winning the costume contest without spending a penny.

Visit local charity shops

Charity shops aren’t only for discounted shoes and scratched DVDs. They also happen to be a goldmine for anything costume related. After all, the endless supply of second-hand clothes available makes for an infinite selection of new costumes. If none of the clothes tickle your fancy, then the fabrics might. A velvet jacket or floral-patterned skirt might just the perfect print or material for a DIY costume.

Try a price tracking tool

Let’s face it, it can be very difficult not to splash when you’re determined to get the spookiest look. By using a price drop alert tool, you can keep track of the price of any costumes you want to buy. You will receive an alert when it has dropped to a price you want to pay and from there you can purchase it.

At PIWoP, our low price shopping experts provide a unique price alert tool that tracks the price of the item you want. Our price tracker app scours the web every six hours until it finds the price you want to pay.

If you would like more information about PIWoP, get in touch with our team or visit our How It Works page today!

Organising a Halloween party on a budget.

It’s the most spooktacular time of the year. Halloween is right around the corner and for many, that means a party! But organising doesn’t come cheap. According to The Metro, the UK spends a whopping £320 million on Halloween annually.

Spending money on Halloween doesn’t have to be scary. With this in mind, PIWoP, low price shopping experts, reveals how you can organise a Halloween party on a budget.

Hold a costume competition.
If there's one way to keep the cost down and still have fun, it’s a costume competition! Halloween is all about dressing up and DIY costumes are a great way to cut the cost. You could even make or buy cheap prizes to give away to wearers of the best and worst costumes of the night.

Keep it simple.
There’s a tendency to overspend, especially when there’s a party to organise! But whilst many of us are quick to go wild on decorations, one way to save money is to just keep it simple. A simple colour scheme can work wonders for setting the mood. Choosing an orange and black decor can give your party the spooky feel it needs, without breaking the bank.

Use a price tracking tool.
Price tracking websites aren’t just amazing for your regular purchases. They’re also handy for party planning too! Whether it’s a creepy costume or pumpkin decoration kits, price tracking tools are great for tracking the price of the item you want, across a variety of well-known retailers.

Here at PIWoP, we provide a price tracker app that scours the web every six hours until your item reaches a lower price. Once it’s reached how much you want to pay, it sends an alert straight to you, so you can save wisely.

If you would like more information about our price alert tool, visit our ‘How It Works’ page or download the app today!

PIWoP’s Money Saving Guide

Managing your finances isn’t easy. Struggling to pay your bills and put money aside for a rainy day is something almost every person in the UK goes through at some point in their life. In fact, according to Money Saving Expert, there are millions of Brits right now who are struggling to pay their household bills and save up their money.

With so much money saving advice out there, it can be difficult to know exactly what to do and when. In order to help ease your financial concerns, PIWoP has provided a helpful guide on how to save your money in the long term.

Set Up A Budget

The best way to take control of your finances is setting up a budget. While this will take a little effort and getting used to, it’s a great way of controlling how much you have coming in and out each month. By doing this, you’re more likely to improve your credit rating and less likely to end up in debt.

Set A Savings Goal

Finding the motivation to save can be difficult. But by having a goal, you will quickly find saving to be easier than you first thought. Even £5 a month can quickly add up! While it’s good to have some emergency savings set aside, it’s important to enjoy yourself once in a while. Whether it’s money to take on holiday or buying a car without a loan, having the money set aside can give you the help you need.

Price-Tracking Tools

For those trying to save money, the last thing you want to do is overpay on regular purchases. By using PIWoP’s price tracking tool, you will be able to save money on your regular purchases like never before. At PIWoP, our low price shopping experts provide a unique price alert tool that tracks the price of the item you want. Our price tracker app scours the web every six hours until it finds the price you want to pay.

Saving money has never been so easy. If you would like more information about PIWoP, get in touch with our team or visit our How It Works page today!

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