Money is an important topic for students. Chances are this is the first time you will managing your own finances. You get a lump of money at the start of term to do what you please with and it's hard not to go straight to (insert your fav shop here) and blow a large proportion of it. So here's a few tips to help you with your money:
BudgetingThis is sooo important, boring yes, but important. It might take you a little while to work out how much you'll be spending on a weekly basis but it's important to keep track of what you're spending. Also when you're writing down everything you spend you realise that takeaway was probably not the best idea, or you didn't really need another pair of shoes. Know what money you've got coming in and divide it by how many weeks/months you'll need it for (I recommend weeks) to set a budget. Then stick to it! I'm planning on doing an app review on a budgeting app I use so watch out for that!
Get a part time job
I didn't the first year of uni, because I didn't know how much time I would have, whether I'd be able to fit it in or not. But I wish I had have done. I wouldn't say I was ever bored at uni, but realistically I could've fit it in though I would've had to be more disciplined with my work and netflix binges - after all I could fit 20+ hours of work in while doing a levels. It also looks fab on your CV and shows you're not afraid of hard work. Consider getting a flexible job, working on campus such as an ambassador or bar work is a great idea. If you can get a job to help you develop skills for your future ideal job that's even better! If you do consider getting a job however, working over 10 hours a week can start to impact on your course, and you don't want to let that happen! If you're thinking about getting a job in retail, have a look at my post with tips.
SaveYou don't have to spend all your student loan, don't feel you must. Its a good idea if you can to put some money aside, which can be extremely useful if unexpected costs arise. My friend put £10 a week in a saving account for the whole of term which I think is a brill idea!
Apply for bursaries
You'd be surprised what you can get. Do some research as these aren't likely to be shouted about but something is better than nothing.
Utilise your student discout
A good way to spend and feel slightly less guilty about it. Use it while you've got it, and don't be afraid to ask if somewhere has discounts for students, I can guarantee you're not the first to ask!
My biggest top is just to be sensible. If you're struggling to manage your money don't be afraid to ask for help from your parents or your university's finance advisors.