- Write a realistic budget. It should reflect the way you actually spend your money. Do you want to go out with friends regularly? Write it into your budget.
- Do you have money for an unexpected cost like a broken laptop or sudden birthday celebration for a friend? It can be a good idea to put a little money in a savings pot for things like this to help you cover the cost of things that may come up.
- Make sure to budget for breaks in the term. You don’t want to be caught out over Christmas or summer holidays. If you plan on working during these times to help cover the cost, when will you look for a job to ensure you are hired?
Complete this short summary quiz before moving on to the next tip!