How to Save Money During Your Bachelor, Master Or Any Other University Degree

Apart from tuition fees and accommodation, the third biggest expense of a student are the books that we are forced to buy. Whether because the university does not hold sufficient copies of the book in order to allow them to borrow them for a few months to do their dissertation, for example, or maybe because the professor requests many readings from the same book for the entire class. Here we go to the same problem again, if everyone has to read it and the university doesn’t have enough copies, how everyone is going to be able to do the requested readings?

This article aims at helping undergraduate students and postgraduate students to finish their degree, without spending money on books (at least not much money!). Many people would simply suggest to copy the entire book. NO! Besides being illegal, believe me, you don’t want to read hundreds and hundreds of pages from a photocopy. That is not also a good idea to rely your Master dissertation on a photocopy, as you may find out that some pages were not printed accordingly too late! So, forget about copies and let me show you how it’s done

First of all, write a list of all the books you are going to need for the academic year. The first tip to avoid wasting money is to really be sure if you are going to need all these books, borrow them from the library just to have a glance. See if the information contained there is really relevant for your research, if its not, do yourself a favour and take it out from your list.

Secondly, you will need to do a “market research”. Visit or or any other website where you can buy new and used books. Search for your list there and check the options (new and used), check the delivering prices for each book, see if there is a discount for ordering two or more books in the same order.

After this research you will see that there is a gap between the prices for the used books, sometimes these gaps are from more than 25%. It means that you can actually buy a book and resell it for the same price or even higher (even after you have used it for your studies).

The point is that this method is not money-orientated, we are not looking for profit or for any other source of money. Our goal is to save the money we would be spending on books, that’s all, so don’t be greedy!

Being so, try to order the book from the person that sells it with the cheaper price but with more positive references from last transactions (either on Amazon or eBay). The idea is to buy a book that besides being used and cheaper, looks like new. Be aware that books about topics such as Economics, Business and Law lose part of their value when a new edition is released (and it happens at least once a year for these books). So, if you are going to buy one of these, check when the next edition is coming and try to anticipate your sell or to take this into consideration when buying.

When reselling, use Amazon or eBay and do the “market research” of the prices for you the books again, compare with the prices when you bought (so don’t forget to keep them). Try to place your price wisely, don’t sell for the most expensive price among the used ones, simply because nobody is going to purchase yours. Instead, try to put you price in the middle, not the cheapest ones and not the most expensive ones.

The reselling process may take a while, off course it is a matter of supply and demand, if you need to get rid of the book, you will easily sell it for cheaper prices. However if you plan yourself, buy it at the right time and anticipate your moves to be able to wait a little bit for the reselling, them you will be able to maybe resell for the same price you bought, maybe even higher.

Unfortunately, academic books are much more expensive than Harry Potters and other fiction books, that is why they average in cost between $40-50 or £30-40 each. Imagine how much money you will be saving just by using this tips.

Leave a Reply

Your email address will not be published. Required fields are marked *