Budgeting

Are you working this summer?

by Victoria Bull
August 7, 2018May 31, 2022

Getting a summer job is always a great idea – it will give structure to those long, hot days, you’ll gain useful work experience, and best of all, you’ll earn money to spend now (although we would recommend that you save some for next year too). If you are receiving wages, we have some information about tax below which you might find useful. But whether you are working or not, it’s still a good time to investigate ways to increase your income and reduce your spending so you’re ready for the start of term.

Read More »Are you working this summer?

New term – new budget

by Victoria Bull
May 1, 2018May 31, 2022

It’s the summer term and with this comes your final instalment of funding for this academic year. You now need to stretch your money for this term and possibly also the summer too. It’s not as scary as it sounds – see below for our guide to keeping on top of your finances for the final term and beyond.

How to spend a student loan (part 1)

by Victoria Bull
August 11, 2017May 31, 2022

After you’ve applied for your funding, you can now think about how you’ll spend your money when you get to university. Whether it’s the first time you’ve had to manage your finances or you’re swapping a salary for a student loan, if you start to look at and prepare for potential costs early, it will be easier to create a budget – allowing more time and energy to enjoy your new life at university.

Are you ready for Summer?

by Victoria Bull
June 16, 2017May 31, 2022

Summer is finally here! The days are getting warmer and longer, and it’s not long now until the end of the academic year. You might have sorted out your summer plans already, but just in case you’ve been too distracted by assignments, revising, and sunny afternoons, here are some points you should consider:

Money Week – Mend your spending habits!

by Victoria Bull
February 1, 2017May 31, 2022

It can be so tempting to fritter away money on things you don’t need. If you’re having a bad day or stressful week, splashing out on a new top or a takeaway pizza can feel like the best way of taking the edge off, but you might not thank yourself the next time you check your bank balance. While you should allow yourself some room for treats in your budget, clothes and food are areas where students often overspend; so stop feeling guilty and take steps to mend these habits.

Money Week – Make small changes to save money!

by Victoria Bull
February 1, 2017May 31, 2022

Looking at your spending can be scary sometimes, particularly if you’re not sure exactly where your money is going. It can also be difficult to work out where you can cut back. But even if you only make small changes, you can still save money – which is hugely important if you are trying to manage a fixed income like a student loan. Try our suggestions below to stretch your finances and you might even be motivated enough to start a savings account!

How to stretch your loan in the new year

by Victoria Bull
January 9, 2017May 31, 2022

piggies-and-money-1

Welcome back – we hope you had a fun and relaxing Christmas break! It’s the start of a new term and a new year. Your next loan payment is due to be made today, which is enough to make anyone happy about coming back to university! But whether you mastered your money like a pro last term or let spending get the better of you, it’s not too late to make a fresh start with a brand new budget.

How do I budget, and why do I need one?

by Lizzie Mccauley
September 29, 2016May 31, 2022

Budgeting helps to give you an idea of your overall financial situation and reduce any unnecessary spending, through making you more aware of exactly what you are spending and what you are getting for your money. Budgeting is a great way of minimising the possibility of getting into debt – you might even be able to save money once all of your essential bills are paid! Creating a budget plan might not be much fun, but it will help you to live within your financial means so that you potentially have more money to spend on leisure and for occasional treats.