Student loan quickly blown? Think about budgeting for University.
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There are many dubious stories circulating the internet concerning students who have spent their loans in double quick time. Is that really the case? Well, unfortunately according to research from Vouchercodes it is - 1 in 6 students spend their loans within a month of getting them. This is a worry, particularly when there are many easy things you can do to manage the challenging obstacle course of financing your time at university, while remaining solvent. Below are five top tips from Julie Hutchison, personal finance expert at Standard Life on budgeting for university: 1) A good starting point is to try and work out how much you need for your time at uni. Of course, you can do this the old fashioned way with pen and paper but alternatively, there’s a really useful online budget calculator from Thisismoney.co.uk that you might like to try.
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