12 things it’s worth spending more money on

When you're on a tight student budget, it's tempting to go for the cheapest option. However, that's not always best in the long run. Consider spending more on these things. 

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As a student, every penny counts. You may think it's wise to buy the cheapest umbrella or scrimp on equipment, but this isn't as smart as you think.

Although you'll save money initially, you'll typically end up spending more long-term when you need to replace your budget-friendly purchases. By investing in quality items, they'll last much longer and you'll spend less over time.

Now, we're not saying you should go out and spend a fortune on the latest iPhone, but paying a little extra for certain things can have a huge impact.

To help you out, we've listed 12 things that offer real value for money below.

How to spend money wisely

Here are 12 things worth investing in:

1. Education and personal development

   Obviously, we're big on education here at Save the Student and there's great reason to be! It opens up many opportunities for our future development, career prospects and goals.

   Uni can be expensive, but you won't pay back any of your Student Loans until you earn over a certain threshold. Plus, it can seriously increase your chances of landing your dream job.

   But university isn't the only option when it comes to building a successful business or career. Things like online courses can help you increase your knowledge on a particular topic or learn more about something you're interested in.

   With a bit of practice, you can then use these newfound skills to bag a new job, become a successful freelancer or ride the wave of being a business owner.

2. Professional equipment

   

   Credit: ImageBySutipond - Shutterstock

   Spending hundreds (or sometimes thousands) of pounds on equipment may seem scary at first, but it's often an investment worth making.

   For example, if you're hoping to build a career in photography, consider buying a high-quality camera. It could help you gain more clients and boost your success in the future. It won't happen straight away, but you will typically end up making that money back (and more) in the long run.

   As a student, technology equipment such as noise-cancelling headphones can be handy too. Especially when you're spending more time in the library as essays and deadlines draw closer.

   Need to brush up on your skills? Luckily, Skillshare offers a whole host of training on things like portrait photography, selling on Esty and much more.

   I've previously invested in good equipment:

   When I was studying Textiles and Surface Design at university, I decided to purchase a Bernina sewing machine.

   At the time, spending £700 of my student budget felt like a big deal. However, I knew that it would be a worthy investment. Despite using it a lot and graduating in 2016, it still works perfectly so it was great value for money!

3. Clothes and shoes

   How many times have you found rips in your bargain clobber? Or worn out your favourite pair of shoes?

   You won't have much disposable income to spend on clothes and shoes at uni, but low-cost items don't tend to stand the test of time. If you can, save up for items that will last much longer.

   As you'll be buying new clothes less often, this has the added benefit of reducing your carbon footprint which has a positive impact on the environment.

   Here are five things you should strongly consider spending more on:

   1. A winter coat - Winter coats need to survive questionable UK weather and keep you warm during snow days, hailstone and rain storms. It's not something you should scrimp on. Coats from brands like Patagonia will set you back about £200 – £250+, but they'll last for years to come.
   2. Underwear and socks - High-quality socks and underwear will be kinder on your skin. They're also more durable which means less wear and tear over time.
   3. Good quality shoes - Poor footwear can often lead to pain and discomfort. Avoid this by spending a little more on durable shoes that will support your feet while you're walking around uni all day.
   4. Everyday clothing items - Things that you wear often will (obviously) wear out much quicker. Spending a bit of extra cash on items like jeans will save you money on clothes in the long run.
   5. Timeless pieces - Leather jackets, white shirts and jeans never go out of fashion. If you opt for strong materials, they'll last years making them good value for money as you'll get a lot of wear out of them!
      Shopping in charity shops can help you find timeless pieces at a fraction of the cost.

4. Health and wellbeing

   

   Credit: New Africa – Shutterstock

   Arguably, your health and wellbeing are some of the finest things to spend money on, especially at uni. Although they're often called the best years of your life, university can be stressful. Even more so during exams and deadlines.

   But if you invest in self-care and looking after yourself, you'll have a much better experience. If you're struggling with your mental health, there's no shame in asking for help.

   Therapy can be really beneficial, but unfortunately, NHS waiting lists are often long. To get the support you need faster, you'll need to pay to go private. It's not exactly cheap, but your wellbeing is more important.

   If you're doing okay but need to wind down after a busy exam season (we don't blame you), massages and spa days can offer some much-needed relaxation. You can find some deals on sites like Groupon.

   If paying for therapy is out of your budget, we have a complete guide on mental health support for students.

5. Food and drink

   Speaking of health, eating the right kind of food can work wonders. And we're not just talking about fruit and veg either (although that will help).

   If you have intolerances or medical conditions that mean you can’t eat certain foods, spending more on the likes of gluten-free or lactose-free options will be much better for your body.

   Having to pay more for food isn't always ideal, especially if your Student Loan is running low. Thankfully, we have plenty of tips to save on your food shop.

6. Dentistry

   It may not be the first thing on your mind, but university can be seriously bad for your teeth. From caffeine-fueled late nights writing last-minute essays to alcohol overconsumption, it can be a recipe for disaster.

   But, dental care is a big part of maintaining good health at uni and beyond. Make sure you get checked out often and opt for quality care where needed.

   On a similar note, invest in an electric toothbrush that will remove plaque buildup and keep your teeth looking spick and span.

7. Homeware and appliances

   The upfront cost is pretty significant, but homeware and appliances will last for years on end. Consider spending more on the following:

   1. A mattress - You sleep on your mattress every day so comfort is key. Spending a bit of extra money on your ideal mattress will make a huge difference to your sleep quality.
   2. Bedding - On that note, high-end bedding made of finer materials can also positively impact your shut-eye.
   3. Furniture - There's no denying that furniture is expensive, but paying a bit more for things like sofas and chairs can ensure durability that will stand the test of time.
   4. A hoover - Nobody likes hoovering, but it can be made 10 times easier with a good vacuum cleaner. Trust us, the cheap ones don't work half as well as Henry or Hetty Hoover.
      Appliances and homeware items can make good presents, but there are also lots of thoughtful gift ideas for under £5.

8. Toiletries

   Things like fancy toilet paper and skincare might seem like luxuries, but personal care is important – even when you're on a student budget.

   Although you'll need to spend a bit more cash upfront, premium products tend to last longer as you can use them in smaller amounts.

   Plus, you may find that these brands are more conscious when it comes to reducing their carbon footprint which is better for the planet.

9. Travel and life experiences

   

   While you can easily travel on a budget, some things are worth spending more on. Imagine how cool it would be to go interrailing across Europe, enjoy a helicopter ride through New York City or party until 5am on the fields of Glastonbury. Sounds amazing right?

   On that note, make sure you buy good travel insurance. The last thing you want from your dream city break is forking out thousands for an injury because you didn't come prepared.

   Sturdy luggage is a must too. You wouldn't want the wheel falling off as you walk through the streets of Amsterdam (and yes, we're speaking from experience here).

   I strongly believe in spending money on experiences:

   I'm a big advocate for spending your hard-earned cash on whatever makes you happy. Over the years, I've priortised travel, gig tickets and attending festivals with my friends. The memories I've made are priceless.

   Planning your next trip abroad? Check out our guides to finding low-cost flights and great hotel deals.

10. Car tyres

    Most students avoid running a car as it's pretty pricey. However, if you do have one, you shouldn't scrimp on tyres. They help you drive with confidence and maintain safety on the road.

    They're also a lot more durable which means that you won't need to change them as much over time. With essays and deadlines galore, you'll be glad to have one less thing to worry about.

11. An umbrella

    There's nothing worse than your umbrella turning inside out during a downpour, but we see it all the time. It's bound to happen if you don't buy a sturdy option.

    To avoid getting caught in the rain, paying more for an umbrella can be good value for money.

    Our Communications Director, Tom Allingham, has previously purchased a great umbrella:

    

    Like most people, I've had a few umbrellas break in the heavy wind. Eventually, I got sick of paying £10 a pop to buy a new one at least once a year, so I decided to invest in one that claimed to be windproof.

    At the time this set me back £15, so a little more expensive than the other ones I'd been buying – but this included a lifetime replacement guarantee. Seven years on, I've still not taken advantage of that, because it's truly stood the test of time.

12. Buying a home

    

    Credit: Pompaem Gogh – Shutterstock

    Buying a house is a very big (and expensive) decision and you likely won't be doing it any time soon. But for future reference, it's worth noting that it can end up way pricier if you buy one with problems. If the price of a house seems too good to be true, there's likely a reason why.

    Before you rush to get a mortgage, make sure the house is in good condition. To do this, you typically pay a surveyor.

    It may seem like an unnecessary spend (especially when you consider everything else you'll need to pay for), but they'll give you an in-depth analysis of the home's condition.

    While it's not a must, it can save you a lot of money long-term. If you come across any big issues, you'll know to move on.

Need more cash? Then boost your income with our guide to making money fast.