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Budgeting

BudgetingLife as a student can turn out to be quite expensive. You should be careful about how you spend your money and budget.

The international student calculator released by UNIAID and UKCISA, helps international students plan and manage their money for studies in the UK.

International student calculator

Top tips to help you save money

  • Avoid using credit cards and store cards. If you do use them either pay off the balance when your bill comes or at least make the minimum payment each month.
  • Avoid eating out regularly.
  • Avoid underestimating.
  • Buy fruit and vegetable from grocery shops.
  • Avoid drinking alcohol too much.
  • Be careful to stay within your overdraft limit if you have one.
  • Be realistic about your spending patterns.
  • Not forget to include occasional payments such as haircuts.
  • When you go shopping for food, buy only supermarkets own brand food.
  • Limit unnecessary expenditure for example - avoid taxis walk or use public transport whenever possible.
  • Keep your bank statements and letters. You can monitor your spending with them and they are also very important documents.
  • Write things down in a 'spending diary' if you're unsure where your money goes each week.

Check out the student funding pages for further information

If you still feel your finances are getting the better of you or you need help with your budgeting, please come and see our debt adviser (appointments can be made in person at the Student Hub).

Page last updated on Friday 19 February 2016 at 1.14pm.

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