Managing your finances
When it comes to managing your money, budgeting is key. We have lots of practical tips and resources to help you make healthy financial decisions.
Going to University means gaining independence, including being responsible for managing your finances.
When the first instalment of your student loan lands in your account, it is not uncommon to feel overwhelmed – if not a little tempted by an online shopping spree.
However, this money needs to last until your next instalment in about three months’ time. This is why budgeting is so important.
Budgeting
Some people find budgeting and managing large sums of money easy. For others, balancing their income with their expenditure is more of a challenge.
Managing your finances becomes easier with time and experience. You learn to develop healthy spending habits which help you stay on track.
If you don’t know where to start when it comes to budgeting, there are plenty of useful resources to help you. For example, Save the Student is a trusted source of financial, money saving and budgeting information. Its 鈥痠s free and used by lots of students to keep track of their income and expenditure.
If you would like some support with planning your budget, our Student Services team can help.