7 Essential Tips to Help You Budget at University

Clueless in managing university costs? Not to worry, here’s some sound advice for first-time students!

Budgeting at university may not sound like fun, but it’s an important life lesson, one that you can only truly experience when you live away from home without your parents. But keeping an eye on your money doesn’t have to be a drag. You’ll have plenty of support at the University of Bolton, and it’s not too late to apply!

Read on for our top 7 tips for managing university costs, or go to our Clearing website to see what courses are still available for a September start.

1. Shop around for a good overdraft

Student overdrafts are a lifesaver, and they are one of the best forms of borrowing while you are away from home. But they aren’t all created equal. Some are better than others, so always shop around before you sign on the dotted line.

Interest-free overdrafts essentially allow you to borrow for free in an agreed period, helping you manage university costs when things are tight. But remember it still has to be paid back, so keep it for short-term cash-flow problems only.