Save money, save Pandas

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!

Five Easy Yet Ingenious Money Saving Tips from The Experts at PIWoP

There is nothing more frustrating than realising you have unnecessarily given away your hard-earned money. Yet most of us are guilty of throwing money at unwanted Netflix subscriptions and clothing you didn’t need because you have failed to organise your finances. However, when you spend a couple of hours fixing your finances, you can dramatically increase the amount of money you have to spend on the necessary yet fun things in life - like holidays or a new car!

Here at PIWoP - a price drop alert tool that allows you to watch the prices of items you want, our experts have provided their top five money saving tips for quick financial fixes:


1. Eat in restaurants during their ‘off-peak’ times.

No matter where you go, restaurants are typically busiest on Friday and Saturday because people are meeting up with their friends and family for the weekend. However, if you’re flexible, you could save a huge amount of money by going during the week or on a Sunday. This is because restaurants offer special offers and discounts to entice customers to visit their establishment during their slowest times.


2. Stick to the 30-day rule.

The most important rule of personal finance is avoiding the instant gratification you get from purchasing. In order to do this, you need to wait at least 30 days before making a purchase. You will find that after a few weeks the urge to purchase has passed and you will save yourself some money by not making an impulsive purchase. If you were on the fence about buying the product anyway, giving yourself some time will help give you a better perspective on whether it’s worth your money. PIWoP can help with this if you PIWoP something you can go back to your lists to check if the items you did "want" you still do! Added to the fact that you get notified if they are reduced!


3. Repair and repurpose clothing - don’t throw away!

Don’t just chuck away a new shirt because a button has popped off - instead sew on a new one with some thread. You will find yourself saving lots of money when you decide to fix it yourself, instead of buying new clothing. However, if you lack the basic sewing skills necessary to fix your clothing, why not repurpose your old clothing into items for around the house? You can find plenty of inspiration online; from shirt pillowcases to denim draft stoppers.


4. Switch off your television.

Did you know turning off the TV can drastically cut down on your spending? Not only are you less exposed to spend-inducing adverts but a lower electric bill (and sometimes a lower TV package if you decide to downgrade your subscription) will give you more time to focus on other things in life. For example, putting down the TV remote means you can spend more time improving and marketing your side business, meaning you can make money rather than losing it.


5. Use price comparison websites. 

There are many price comparison websites out there - and for good reasons. They help you as a customer to find the product you want at the cheapest available price. Whether you’re looking to find the best deals on electronics or discounted designer shoes, it’s worth utilising these websites to find the best offers. Price tracking tools like PIWoP are different. They tell you when items you want, get reduced in the future to lower levels than a price comparison site will show you, as they just look at current prices.

To find out more information about PIWoP, why not get in touch with our team or visit our ‘How it Works’ page!

How to Save Your Money: Millennial Money Saving Tips

It’s a given that millennials do not have much money and yet as a generation, they are always told they need to save more money. Whether it’s student debts or the high cost of renting, generation Y are faced with the prospect of actually being worse off than their parents and grandparents. So how exactly can you make your money last until the end of the month while building up your savings?

The experts here at PIWoP - the brains behind the money saving, price drop alert tool, have put together list of tips for saving money as a millennial.


1. Find the right student credit card.

Unfortunately, a number of students make the mistake of waiting until after university to get their first credit card. As a result, when you try to apply for a mortgage or apartment, you have no credit score to back you up. Don’t be afraid to get a credit card while you’re at university. There are a number of credit card companies who make cards just for students so you cannot overspend and get into debt but still build a credit rating.

2. Get rid of some of your subscriptions.

From Netflix to beauty subscription boxes, the cost of monthly subscriptions can definitely add up! While they may only charge £10 a month, you can easily forget about the things you have signed up for, meaning these companies are getting your money for nothing. If you’re not using the subscription regularly, make sure you cancel it and put the money you would have spent in your savings.

3. Download a budgeting app.

You have probably heard it time and time again: “you need to set a budget” or “write up a list of all your outgoings!” Both phrases of which, are nearly just as annoying as “you need to think about your future.” However, making a budget isn’t the hard part, it’s sticking to one. There are a number of apps for budgeting and money saving which you can try - or if you want to keep it old-fashioned, try creating an Excel spreadsheet.

If you want to save money on your essential buys this month, why not utilise PIWoP’s price alert service, which helps you to track the price of the items you want to buy until they reach a price you’re happy to pay.

To find out more information about how you can save with PIWoP’s price tracking website, click here.


Christmas Money Saving Tips Part 2

Christmas; a time spent with family and friends laughing and reminiscing over memories that have been made over the last 11 months. Although, as lovely as it is, it can quickly turn into a retail ‘free for all’ as you feel the pressure to buy gifts for extended family, colleagues and that one friend that you haven’t seen in 6 months.

Fear not! This week the money saving experts at PIWoP - providers of a revolutionary price drop alert service is back with even more money saving tips on how to save your pennies during the festive period:

Sell your old gifts

We’ve all been given that one festive jumper that we’re not particularly fond of and still has the tags in. If you’re looking for a few extra pennies, sort through the gifts you received last year and if you haven’t used them, sell them! It really is that simple!

Thinking ahead

Who says that Christmas shopping needs to be a last minute event? If you really want to minimise the damage on your bank account, keep your eyes peeled for bargains all year round. If you know who you need to buy for, keep them in mind when you’re browsing the shops. You’re more likely to find a greater discount in the Summer compared with Christmas.

Make a list

Impulsively purchasing gifts around the Christmas period can be detrimental to your bank account. If you’re looking to save your money, make a list of the gifts you need to buy. This way, you’re more likely to stay within your budget and beat those pesky spending impulses!

Trying to bag a bargain can be time-consuming! Why not set up a list with PIWoP before the festive period begins for all your must-have items. All you have to do is set your budget and wait for the notification!

If you haven’t already taken advantage of our price drop alert service yet, then register here. Start looking early for your Christmas gifts, and make sure you’re up to date with the latest price drops!


Christmas Money Saving Tips

Presents, nights out, decorations, stuffing your face; it’s all a part of the festive fun! However, the joy of the Christmas period is often lost when you don’t have the budget for it all.

Here at PIWoP - providers of a revolutionary price alert service, we’re dedicated to helping you save money. Our team of money-saving experts have created some great tips to help you preserve the pounds over the festive period:

1. Set a festive budget

We all love the trimmings of the Christmas dinner and having lots of presents under the Christmas tree, but these all add up to expensive price tags. Our team’s top tip is to set a budget! We know it can be difficult to save, but it is essential to be able to afford the Christmas that you want.

Start by looking at your bank account now and find places where you can make some cut backs and cut down on some luxuries. We recommend starting this a couple of months before December hits. If you get tempted to spend your savings, try putting your Christmas budget into a separate bank account or savings accounts so you don’t find yourself dipping into it.


2. Start early

We all know the horrendous feeling on Christmas Eve when you have to rush around the shops desperately looking for presents and the extras for the Christmas dinner. As previously mentioned, you should start planning and organising for Christmas a few months before December.

Make a list and prioritise what you need to get first and the estimated prices. For your Christmas dinner, remember things like the turkeys will need to be ordered early and can be cheaper this way.


3. Christmas sales

By planning your presents, dinners and parties in advance, you can keep an eye out for different shopping deals, discount products and sales. For example, Black Friday (23rd November) and Cyber Monday (26th November) are perfect times to buy expensive presents as the majority of brands and shops will have discounts or sales. The Christmas sales are also a perfect time to shop for the latest game consoles and TVs as you can find the best deals on electronics and appliances - these are usually hugely discounted.

To save on the time spent sifting through the sales, why not set up a list with PIWoP in advance of the festive season for all your must-have items. Simply set your price and await an alert when they hit this price or below!

If you want to find out more information about how to save your money, check out our latest blogs.

If you haven’t already taken advantage of our price drop alert service yet, then register here. Start looking early for your Christmas, and make sure you’re up to date with the latest price drops!