On the plus side, this means that quite a lot of your big expenses are dealt with while you have money. This is when you receive your student loan, but it is also when you have to pay your rent-and if you are living in halls, probably for the full term, and not just for a month-and when you have to buy books and equipment for the term. A lot of financial stuff happens at the start of term This page sets out some ideas designed to help you as a student, and to identify issues that will be particular to you.
Whatever process you use, some idea of your likely income and outgoings will help you to avoid running out of cash. Our page on Budgeting sets out a process that you could use for this.
To ensure that you do not overspend at the start of term, or indeed at any other time, you need a plan. It may be dull, but it could stop you having to spend a miserable few weeks at the end of term living on baked beans and never going out. But it is worth stopping for a few moments, and doing some budgeting. With so much money at your disposal, it can be tempting to spend it on going out with your new friends, or buying things to make your room look nicer. It is a heady mixture, and it can also be a challenge. Inevitably, they probably have more money than ever before, from a student loan, or perhaps from a summer job.
0 kommentar(er)
