Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 


Oily Rag - Money saving tips for students

Oily Rag - Money saving tips for students


By Frank and Muriel Newman

For most of us the holidays are now a merely a pleasant but fading memory – it’s back to work or study. Being the start of the school and university year, it’s worth reminding students how to save money on a limited or non-existent income.

Most of the oily rag tips on the oilyrag.co.nz website will apply to students, but we thought it worth summarising some key messages.

Save money on accommodation by flatting with others who also want to save money. Don’t be too particular about the quality – it’s not exactly a life-long habitation. Boarding may be a sensible option and even staying in the halls of residence may prove to be economic given it includes three square meals a day. Check out all of the options. If you need some furniture for your flat see what’s available at the local hospice/opp shops. It’s amazing how cool old furniture can look with a quick sand and repaint or white-wash stain.

See studying as a 40-hour a week job. That leaves you with free time to earn some extra money. We know of accountancy students who work part time in accounting offices. Their busy time is between April and November which is perfect timing for students. With online accounting, most part-timers don’t even have to turn up at the office – they can work from home. Other jobs may be doing lawns or landscaping, working in retail, doing research work for consultants, or home tutoring secondary school students.

Walk or bike everywhere. It is estimated that half of all journeys are less than 3km. Biking is four times faster than walking, and takes about the same time as a bus trip. And better still, the cost of buying and maintaining a bike is about 1% of the cost of buying and maintaining a car!

Buy your text books second hand or text book-pool with class mates and friends.

Take advantage of student discount cards like travel cards.

Study hard and party less. University should be a place of higher learning, not a place of higher intoxication. Booze is expensive so moderation is the way to go; or start a flat home brew (complete with unique flat label to impress your mates). Re smoking and drugs - don’t!

Do your own cooking, or take cooking lessons. Cook using cheap meats. We took a quick trip to an online supermarket to see which meats were the best value for the oily rag dollar. We found the lowest cost per kg were sausages and sausage meat, then beef shin, gravy beef, mince, then blade steak.

Bulk out meals with cheap ingredients like potatoes, rice, and pasta.

Make meals in bulk and freeze them so you will have something at the ready when the cupboard is bare. That’s a lot cheaper than going out for take-aways.

Become a promiscuous shopper! By that we mean shop around for the best buys. Rotate your supermarket excursions around two or more supermarkets so you can see which are offering the best deals. Try your local butcher, deli, green grocer, bakery, or farmers market. Buy fresh fruit and veggies directly from local veggie growers and orchards, especially road-side stalls and pick-your-own places. Try ethnic food outlets. Many have bulk deals on staples like rice and flour and may have deals on fresh fruit and veggies sourced directly from market gardens.

Pay cash... not plastic... to pay for groceries - that way you will not only see the money going out of your bank account, you will feel it slipping through your fingers like goo!.

Always check out the specials before you shop.

Don’t buy highly processed food - like “microwave meals in a minute”. You are simply paying for preparation that you could do yourself.

Don’t buy lunch and cut down on the coffees! Take a cut lunch and drink water – its fee!

If you have a tip for students or flatters, send it to us so we can share it around by visiting www.oilyrag.co.nz - or by writing to us at Living off the Smell of an Oily Rag, PO Box 984, Whangarei.

*Frank and Muriel Newman are the authors of Living Off the Smell of an Oily Rag in NZ. Readers can submit their oily rag tips on-line at www.oilyrag.co.nz. The book is available from bookstores and online at www.oilyrag.co.nz.

ends

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Architecture:
Ian Athfield Dies In Wellington

New Zealand Institute of Architects: It is with great sadness that we inform Members that Sir Ian Athfield, one of New Zealand's finest architects, has passed away in Wellington. More>>

ALSO:

Wellington Production: New-Look Tracy Brothers Are F.A.B.

ITV and New Zealand’s Pukeko Pictures today released an exclusive preview of the new-look Tracy brothers from this year’s hotly anticipated new series, Thunderbirds Are Go. More>>

ALSO:

Cardinal Numbers:
Pope Francis Names Archbishop From NZ Among New Cardinals

Announcing a list of bishops to be made Cardinals in February Pope Francis named Archbishop John Dew, Archbishop of Wellington, overnight from Rome. On hearing the news of the announcement, Archbishop John Dew said "This news is recognition of the Catholic Church in Aotearoa New Zealand, and the contribution it makes to the global Catholic family." More>>

ALSO:

Nomenclature: Charlotte And Oliver Top Baby Names For 2014

Charlotte and Oliver were the most popular names for newborn girls and boys in 2014... The top 100 girls’ and boys’ names make up a small proportion of the more than 12,000 unique first names registered for children born this year, says Jeff Montgomery, Registrar-General of Births, Deaths and Marriage. More>>

Werewolf: Katniss Joins The News Team

From the outset, the Hunger Games series has dwelt obsessively on the ways that media images infiltrate our public and personal lives... From that grim starting point, Mockingjay Part One takes the process a few stages further. There is very little of the film that does not involve the characters (a) being on screens (b) making propaganda footage to be screened and (c) reacting to what other characters have been doing on screens. More>>

ALSO:

Scoop Review Of Books: Ko Witi Te Kaituhituhi

Witi Ihimaera, the distinguished Māori author and the first Māori to publish a book of short stories and a novel, has adopted a new genre with his latest book. But despite its subtitle, this book is a great deal more than a memoir of childhood. More>>

Werewolf: Rescuing Paul Robeson

Would it be any harder these days, for the US government to destroy the career of a famous American entertainer and disappear them from history – purely because of their political beliefs? You would hope so. In 1940, Paul Robeson – a gifted black athlete, singer, film star, Shakespearean actor and orator – was one of the most beloved entertainers on the planet. More>>

ALSO:

"Not A Competition... A Quest": Chapman Tripp Theatre Award Winners

Big winners on the night were Equivocation (Promising Newcomer, Best Costume, Best Director and Production of the Year), Kiss the Fish (Best Music Composition, Outstanding New NZ Play and Best Supporting Actress), and Watch (Best Set, Best Sound Design and Outstanding Performance). More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news