There’s lots to experience while studying at university, so here’s some money tips that might help make it all a bit more affordable.
1. Manage cash, day-to-day
Set yourself an O-week budget as well as a monthly one. A big part of your uni experience might be the social side, but it will eat into your savings. Some careful planning can help you make your money go further.
2. Remember why you’re there
Constantly skipping classes can come at a cost. Many unis make you retake an entire subject if you don’t turn up for an exam, if your attendance is consistently low or if you fail the subject altogether. And that means paying to study the same subject again.
3. Jobs and internships
Getting a job can be the cash lifeline you need throughout the year, as well as being a great way to meet new people. If you’re lucky enough to secure an internship during the break too, you could find yourself better placed to join that company on a graduate training program once you’ve graduated.
4. Adulting – rent, bills and credit card payments
It’s probably the first time you’ve had to manage basic living ‘stuff’ like paying rent and bills. Getting stung by late payment fees or facing the threat of eviction because you’ve forgotten to pay your rent (again) can all be avoided.
5. Travel discounts
As a full-time student you may be eligible for student travel concessions – as much as 50% off the published fare. Sometimes you can simply use your Student ID to travel, other times or places may ask you to show your student transport concession card. Keep an eye out for other discounts and student deals on things like cinema tickets too.
6. Know what’s coming up
Most unis have an online portal where you manage your personal details. Check your fees and cut-off times in the online portal to make sure you’re across all of your expenses and can budget for things that are coming up.
7. Second-hand bargains
Buying brand new textbooks can be expensive. Why not try the e-book versions? If you prefer the old-school way, keep an eye out on second hand textbook websites or your uni bookstore and grab a bargain.