While in college, my classmates and I used to look for discount scrubs, which we needed for our surgery classes. Being students far from home, we had to budget our allowance since every weekend we need to have transportation money to go home. That doesn't mean we didn't have good times, though. Of course we did! It was just a matter of choosing which items you needed, and which stuffs you can pass up so that you can 'splurge' on whatever you want. Besides, having a 'good time' need not be expensive...going out for a pizza with friends (or finding a common time together) was good enough for us back then.
Come to think of it, just being with friends that you like (even if sometimes it's online only) is good enough for us until now! ^_^