It can feel very overwhelming having to manage money, especially if it’s your first time doing so. Below we’ve outlined some tips, along with some links which you might find useful.
Make sure bills are accounted for
The worst thing you can do is treat yourself before you’ve even paid your bills. Whether it’s phone bills, a loan payment or rent, always make sure the most important and biggest bills are paid first. You can then make sure you’ve got enough money for the necessities, like food and travel.
Reach out for support
If you’re struggling with finances, don’t bury your head in the sand, it will only get worse. Speak to the relevant people and see what can be done about your payments. If you’re struggling to pay rent, please reach out to our reception team at the relevant site. They’ll be happy to talk you through the options and help you get back on track.
See what funding is available to you
Your university might have extra funding available, so make sure you explore all options so that you don’t miss out. Even if you’re not sure, speak to the relevant department for advice and guidance.
Save money where you can
Make sure to take advantage of any student offers, reward systems and apps. There are lots of resources available out there, so make sure you do your research and use them where possible to save a few pounds.
Sheffield Hallam University:
SHU Student Union – Money advice
SHU Student Union – Cost of living: Money
University of Nottingham:
UoN Student Union – debt and budgeting
UoN Student Union – Money advice
General: