{"id":4028,"date":"2024-09-03T11:45:57","date_gmt":"2024-09-03T10:45:57","guid":{"rendered":"https:\/\/blogs.qub.ac.uk\/studentsunion\/?p=4028"},"modified":"2024-09-04T14:21:36","modified_gmt":"2024-09-04T13:21:36","slug":"being-a-student-and-mastering-your-money","status":"publish","type":"post","link":"https:\/\/blogs.qub.ac.uk\/studentsunion\/2024\/09\/03\/being-a-student-and-mastering-your-money\/","title":{"rendered":"Being a Student and Mastering your Money"},"content":{"rendered":"\n
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With all the excitement of coming to university, an important factor many students haven\u2019t yet considered or taken the time to plan for is their finances.<\/p>\n\n\n\n

Hearing the word \u2018budget\u2019 can be very \u2018meh\u2019 and you may not think this is something you need to worry about, but it’s important to plan ahead and make sure the money you have keeps you going until your next payment.<\/p>\n\n\n\n

A budget will look different to every student- everyone will have their own bills and outgoings. Not to mention you’ll have different amounts incoming through student finance, a part-time job or even an allowance given by your parents (if you are fortunate enough).<\/p>\n\n\n\n

Getting into the habit of spending wisely and planning finances early in your university journey can make the transition into post university life smoother, especially when finances become a more prevalent topic.<\/p>\n\n\n\n

So, what do you need to consider- have a read on to find out!<\/p>\n\n\n\n

Rent and Bills<\/h2>\n\n\n\n

If you are living out you will need to make sure that you have the necessary finances to cover the cost of your accommodation. You should keep in mind that if you are in University Halls or Private Halls, bills are usually included. <\/p>\n\n\n\n

If you live in private rented housing, unless stipulated in your contract, your bills will be payable by you and your housemates. This amount could change monthly depending on your usage of gas and electric.<\/p>\n\n\n\n

If your bills are not included you should manage you money accordingly to ensure that you have enough money to cover the cost of your bills. A few bills to consider include:<\/p>\n\n\n\n