Student Finance Budget

When going to colledge and universtity, it is very important to have a budget even though it may sound really boring.

Often, being a student is the first time you properly have independance from your family giving you the freedom to spend what you want.

It is a big step up so it is very improtant that you do get support. I am sure universities will have people arround to help you, and we are here to help you too.

Creating a budget
Income - Look at how much cash you have coming in monthly. Some examples are:
- Student Loan
- Grants/Bursaries/sponsorships/scholarships
- cash from parents
- Any work income
- Any savings you plan to use
Expenditure - Look at how much money you have coming out monthly. Some examples are:
Essentials
Tuition fees
Accommodation fees
course supplies
Insurance
Gas/electricity/water
Broadband
Phone
TV licence
Food
Rail/Bus/Tube/Coach
Extras
Drinking/eating out
Hobbies
Tickets (To concerts/clubs/cinemas etc)
Books
Gym
Large one off (Bike/Laptop/car)

Write it all down so you can see where your money is going. Here is an example:

There are many ways of writing it down. You could find templates online or in apps. Find somethin that works for you.