Skip to main content Accessibility Statement
The day of reckoning has arrived for students across Britain, with A Level results being published on Thursday.

Student gain vs student pain

The day of reckoning has arrived for students across Britain, with A Level results being published on Thursday.

Many teenagers getting their results will be heading to university in September or perhaps in a year’s time.

For most, uni will be the first time they will get real world experience of managing their money, paying rent, splitting bills and budgeting.

So, if you’re getting ready for a student life, we’ve put together some information to help you make the most of your money while you study.

Budgeting

You might have experience of managing your pocket money, or income from part-time work. Perhaps you’ve even got experience of budgeting to help you save up for something expensive.

But uni will probably be the first time you will have to really manage your money and budget to get through a significant period of time.

Creating a budget is a great place to start. It helps you understand how much money you have available after paying bills and buying food. You can also update it as you go through the year and the rest of your time at university, allowing you to add in any extra income, adjust how much rent you’re paying or factor in pricier times like Christmas.  

Get a bank account

Even if you already have a bank account, looking into getting a student bank account is worthwhile, as they can offer rewards and incentives.

It’s probably not a good idea to choose a bank account purely based on the incentives and freebies and you can find links to comparison websites for student bank accounts on our website. These will help you understand the key differences between them.

Understand student finance

Tuition fees and student loan repayments can be hard to get to grips with when you first head to uni.

Thankfully, we’ve put together a useful guide which deals with these topics, so you can understand what’s involved.

What do you think?

We really want you to share your views, but please remember to be nice ☺
All fields are required. Check out our full commenting guidelines

By clicking on 'Post Comment', you're agreeing to our Commenting Policy