How to make your money go further? Shop around for the best deals!
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Shopping around for the best finance deals can pay off for students on a tight budget, says Anne Chawk, a Senior Student Finance Advisor at the University of Bedfordshire. For many students, going to university represents your first foray into financial independence. There are certainly attractive offers to be had on the high street, as banks, insurance companies and other retailers compete for students as potentially loyal customers for years to come. Evaluating the offers available on the high street may not be the most glamourous task you’ll ever undertake, but making smart decisions on where to put your money can actually save you considerable amounts in the long run. One of the biggest attractions of a student bank account is the 0% overdraft that provides students with a penalty-free loan to dip in and out of when they need a little extra cash. This overdraft facility offers great flexibility for students, and when shopping around you will want to consider two things – the size of the overdraft and the length of time you can keep it for. The biggest and longest overdraft offers will be the most attractive, so make sure to look into the details when comparing different options.
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