We keep you updated daily with free samples, competitions, discount codes, vouchers, coupons and much more. Wow, visit us today for the latest offers!
By signing up you agree to our Privacy Policy, Terms & Conditions and to receive our daily freebie newsletter.

How To Manage Your Student Finances

When students leave their homes for pursuing higher education, they become responsible for managing their own finances. All of the expenditures and budgeting revolves around having enough money to be spent on necessities like food, accommodation, education, and entertainment. If you are starting your university life or are planning to study away from home then this guide will help you in getting a good grip on your finances.

1. Sign Up For The Right Bank Account

As a university student, you will be needing a current account more than ever. It is important that you look up all the options available in the market before making a final decision. The best decision will be going for an account that best serves your needs.

2. Budget Wisely

student-budgetingA lot of students, once awarded with the student loan, set out on an unnecessary shopping spree that results in a great strain on their finances. It is important to remember that your money is supposed to be spent throughout your term or academic year. You can end up with a lot of frustration while struggling with managing your expenses and saving on the necessities at the end of your academic calendar. The best way to avoid any such scenario is to set a budget and spend accordingly. It is very important to keep an eye on your expenditures to make sure that you’re spending within your budget.

3. Know Your Expenditures

You must differentiate your needs and wants, the expenditures that are a necessity and the money spent on unnecessary items and activities. Your accommodation, food, utility bills, and transport are some of your necessary expenditures. You can also leave some space for entertainment and eating out on your budget but it is very important to remember that there’s a fine line between needs and wants, necessary and unnecessary

  • Crossing this line will jeopardize your fixed budget and ignoring how much you spend will leave you in a financial crisis. Being disciplined is the key. If you’ll ignore your budget limits once, you will develop a habit that will jeopardize your finances and you will find yourself in a difficult situation with spending money on your needs.

4. Shop Wisely

PrintOne of the great benefits of being a student is that you get to avail a number of discount offers by various online and street retailers. If you want to save even more then you can get a NUS card that costs £12 per year but a lot more than your initial investment comes back when you avail a number of available offers. Just to give you an idea, you can save 10% on ASOS, 25% at National Express, and an exciting 40% at Pizza Express with the help of your card. It also allows you to enter a number of competitions and you also get a number of holiday offers and great discounts on various recreational activities.


Take part in various competitions and activities that are sponsored by different brands and organisations. Winning such events can get you year-long discount offers and even free services by the sponsors. Attending the welcoming parties and freshers fair is also a great way of getting freebies and discount offers that will be of great help during our academic year. If you get some spare time on your hands then you can visit our free student stuff section and get some free samples.


While going out for shopping or eating out with friends, try not to pay via plastic. Make sure that you’re taking out the amount of cash that you need on a weekly basis so you have a proper estimate of how much you’re spending. You can also sign up for mobile and internet banking services that most banks offer for free. You get SMS notifications on your mobile phone on every withdrawal and you can also take a lot at your account summary by logging into your account.

Leave a Reply


By using our website you agree to our use of cookies and web beacons in accordance with our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.