Managing your money starts long before your first loan instalment arrives. Find out how to prepare yourself financially for university...
Getting your bank account sorted well in advance has lots of advantages:
- You can put the details on your student finance application, so you won't have to change the details later
- You have more time to shop around for the best account
- If there are any delays in the process, you'll have time to get them sorted before you leave
Find out more about when to apply.
If you've already got a part-time job, start saving as much of your pay as you can. You might also be able to increase your hours once your exams are over.
However, trying to pick up everything you might need in advance can lead to spending more. If you buy a pile of books that you could get from the university library, or if you make friends with your neighbours and discover you've all bought a complete set of kitchen equipment, you'll wish you'd waited.