Broke-Ass Student Essential: The Art of Budgeting

budgeting, money, savings, students

I can already see you yawning but believe me Broke-Ass Student life is SO much easier if you know how to budget what little money you have. You may even be able to SAVE (gasp, save money?!) yes save.  Budgeting sounds like a lot of work right? Wrong. Technology has made it easy for us, there are so many different websites that offer. Mint.com is a website that literally does the entire thing for you: it keeps track of all of your spending, categorizes it for you, analyzes it and alerts you if anything is amiss, like if you’re spending more than you’re earning (Guiltyyyyy). If you use the full functionality of the site, it can keep track of everything from where most of your money is going to on your credit card and rent. And it’s FREE.

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https://www.mint.com/ makes it so easy it so easy to keep of every dime and make money decisions you feel good about! You can set goals, whether it be a new car (you’re obviously not that broke) or get out of debt (that’s better) just enter how much money you need, set a date and link your goal to specific accounts so it’s easy to stick to your plan. It has visuals as well so you can keep up to date and track your progress.

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Goals give you something to look forward to, so you keep saving money, creating new goals and enjoying the rewards.

Mint.com provides you with so much detail!! It will automatically separate a $102 ATM withdrawal into $100 cash and $2 fee. And you can easily separate out purchases from one transaction into different categories, just in case you buy groceries, clothing and gifts all at one store.

And these are just SOME of the tools available, you can track your investments, set alerts for bills, you can also get the app which means you can see where you’re money is going while out and about.

Watch the tutorial video below to get a little more insight:

And remember it is FREE! Happy budgeting y’all.

-KL

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Why IKEA is the go-to destination for Broke-Ass Students moving out of home

cheap, furniture, money, savings, students

Okay so their big ticket items, lounges, cupboards, dining tables etc. are still not the cheapest and if you’re a truly Broke Ass Student we’d still recommend jumping on eBay or Gumtree to grab some things second hand, however IKEA’s smaller items; crockery, cutlery, storage are awesome quality and fit perfectly into the BAS budget.

There’s a good chance if your moving out of home you are moving into something significantly smaller. This is where IKEA’s storage options will have you screaming ‘Hallelujah’! Not only are they stylish but they’re awesomely priced also!

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All these options allow you to hide your shits and pieces for less than $20!

TUPPERWARE! If you haven’t seen the infamous green-lidded food containers well it’s time to head to IKEA. You get 17 items for just $4.79. There you go, all your food storage issues are solved.

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If you’re still struggling to find some second hand big-ticket items online IKEA is definitely your second port of call, I mean, the cheapest bed frame is just $39!! HOW DO THEY MAKE A PROFIT ON THAT?! Your entire bedroom needs in one place; you can get cute bedside table lamps for just $9.99 and the NATTLJUS bed linen for $14.99.

You can get the FÖRNUFT 24-piece cutlery set for just $9.99! “I don’t need enough cutlery for 6 people” I hear you say, well if you’re going to be like that then head somewhere that sells separates (K-Mart maybe) and have fun doing lots of washing up ;). You can also get a 6 pack of glasses for $1.99 and the DINERA plates for just $1.99 each!! Okay, I’m beginning to sound like a LOWES ad (If you’re not Australian: http://www.youtube.com/watch?v=WdwK_4nef_s).

Anyway, if you’re a BAS about to move out of home we strongly suggest heading to IKEA for your basics – you will not be disappointed. (Unless you don’t have a car, in that case you’ll be severely disappointed at the amount of things you want to take home but can’t carry/fit on the bus).

-KL

How to deal with a break-up when you’re a Broke-Ass Student

break-ups, college, dating, happiness, romance, student life, uni

Break-ups are hard. It doesn’t matter how long you went out for, or who broke up with you, or even if you split up on good terms – it’s always difficult to lose that one person who used to be your best friend. It doesn’t help that people naturally expect you to be fine straight away – this just isn’t always the case!

When people tell you ‘just go out and meet new people’, if you’re strapped for cash this obviously is not going to work. People also don’t realise that it isn’t just that simple to go out straight away – you’re not ready yet! (Unless you are, in which case go for it!)

Here are some easy things to do that will help you get over your broken heart.

  1. Cry (if you need to)

Listen to all those break up songs, and cry your heart out. It’s a terrible situation, and you’ve been badly hurt. Sometimes crying can be really therapeutic. It’s also way better than keeping it all in inside. Do remember though – this can only be a temporary solution, keep it to one-two days MAXIMUM. If you let yourself be consumed by your situation you will find it incredibly hard to feel better.

  1. Exercise!

Not only will you instantly feel better (get an angry pump up playlist going), but you’re doing great things for your body. When you exercise, you release a chemical called ‘serotonin’, one that instantly improves your mood and wellbeing. You’re also sure to be feeling way better than you would if you were stuffing your face with chocolate and ice-cream (which ideally we would love to do, but in this situation you want to beat the cravings!)

  1. Hang out with friends (for free!)

Make sure that your time is spent hanging with friends (the ones that make you feel good). The less time you spend alone wallowing alone in your own sadness, the better you will feel. If you make sure that your time is well spent doing things that make you happy, you will resent this breakup less. Get your best friend on the phone and organise to do a (preferably free) activity ASAP.

  1. Delete (or hide) him/her from your newsfeed

You may not want to do this, but in order to get over this person, you’re going to need to make sure you can’t see when they’re going out or hooking up with someone new. If the break-up ends on a negative, it is okay for you to delete them off Facey, unfollow them on Instagram and to say sayonara to them on Snapchat. Out of sight, out of mind as the old saying goes.

  1. Think positively

As unhelpful as the saying ‘don’t be sad because it’s over, be happy because it happens’ is, it does have an element of truth to it. Think about the lessons you have learned, and the great things that have happened. Don’t let a breakup bring you down, or stop you from being the incredible, happy, amazing you! Everything does happen for a reason, and good things will come to you soon, we promise!

Our favourite 11 TED Talks for students in their early 20’s

broke-ass students, inspiration, ted talks, thinking

Here is a link we wanted to share with you all. It contains 11 TED talks all 20-year-olds should watch.

Your twenties are a time period of discovery, and fast change. We understand the difficulties as you move away from certain friendship groups, wondering whether you should continue to do the degree you’re doing, and the intermittent question – ‘what are you going to do after uni?’

This scary time period is full of excitement, learning and experiences. So go out there and live life to the fullest.

These TED talks will hopefully inspire you, and help you think about the greater meanings of life. And it’s good procrastination too – we guess!