Weather its saving for a summer of fun or trying to keep enough money in your account for food, keeping control of your finances isn’t always easy.
Budgeting takes a fair amount of time and organisation. Here are 5 quick tips to make a budget that works for you.
Plan Your Budget
It may seem daunting or confusing, but getting a plan going is the quickest way to check your finances and asses what action is best for you.
Start by looking at what money is coming in. From student loans, grants, bursaries, any money form parents, income form a job and saving etc… This will help asses how much money is coming in and how often.
Then take out all of your outgoings that are essential. This will include your rent, bills, insurance, travel costs, phone bill, food etc…
Then you will have all of the information needed to calculate what money you have left for other things. This can include, books and uni equipment, household supplies, entertainment, social activities, shopping etc..
Get All of the Freebies
An upside to being a student means some things in life do come for free. For instance, students don’t have to pay for pay council tax of 16-18 year olds don’t pay for medical prescriptions.
However, if you’re 19 you can still apply for the NHS Low Income Scheme. If accepted, you can still get free prescriptions as well as dental treatment and eye tests.
There are also plenty of free rewards websites online that will pay your signing up for free trails and surveys. Even huge companies like Nike will send out fee samples of new products when you apply to be a product tester.
Get the most for Your Money
NUS cards are ideal for getting discounts both on the high street ad online. Plus, unadvertised perks are available, such as a free cheeseburger or Mcflurry when you buy a meal at McDonalds.
Sites like money advice service’s savings calculator can also help you be savvy when it comes to spending. Here you can input something you want to save for and it calculates how long it will take you to achieve it.
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Millstone is a brilliant place to live, Ive just book for my 3rd year. The staff are kind and caring. I have love living at Millstone as it has given me independence and a bigger family.
For a very spacious space with great amenities, the price is very mucb affordable. Good views and great support staff to help out at anytime of the day.
Highly recommend Mezzino Student living, it’s furnished to a high standard and is in the heart of the student area. Has very helpful staff and it’s well run in the office.
Searched for loads of student accommodation before I found this gem amongst the rest. Really nice sizeable apartments in a great student busy location. Would highly recommend Mezzino.
Living at The Junxion has been a very homely experience for me, as from moving in on my first year of university I was a little nervous about living on my own so far away from my home in Liverpool; but that all change once I moved into my new room, as the buildings interior design gives off such a relaxing vibe that will allow you to study in peace. Although the staff in the building where so very comforting to speak to and will offer guidance on pretty much anything, as they are always there to help. Other than that I would highly recommend The Junxion to anyone as I am currently a second year living with my friend at The Junxion and I couldn’t feel more at home.
I moved to Mayfair Court 3 years ago and we love it here. My apartment is spacious and enlightened by large windows facing Wilmslow road. Commons, including a flourishing inner garden are well kept. Staff are friendly and always there to help, and the community is diverse. Location is very convenient. There’s a bus stop at the foot of the building, a supermarket across the street, Bodey Medical Centre behind the supermarket, and plenty of restaurants and pubs around. I'm happy to call this place our home while in Manchester.