#MONEYWELL. HOW TO#

Next you want to track your spend and understand what you are buying.Below are links to a few of these you can use: Completing a budget is a great way to do this. Firstly, you need to know what your income is each month, what Expenditure you have, and how often these are paid.This guide aims to provide some options for how you can regain control of your finances before, during and after your time at university. It is for this reason and many more why having a budget or a plan of how you will fund your studies is so important. You may also need to plan for a period of not being able to take paid work during exams, whilst bills are still due. With such a range of different bills due at different times It can be hard to know what you have left to spend on travel, buying new clothes and dealing with unexpected costs. You will often need to pay some bills up front (rent, house deposit, some university fees), some costs you will pay as you incur them (food, socialising, printing), whilst some other costs you will need to save and pay for after you have already received the service (energy bills, phone contract, some university fees). Managing what comes in (Income) against what goes out (Expenditure) is the first step in building good habits.

#MONEYWELL. HOW TO#

How to manage your money well and build foundations for the futureīuilding healthy financial habits whilst at university is important.

Moneywell.