Jobs gives you access to hundreds of part-time vacancies locally within the Guild of Students, and vacation work all over the UK and overseas as well as employment information and advice, including drop-ins, workshops and jobs fairs.
It’s important that you understand the hidden costs of University and take the time to budget for these when you arrive to make sure that you don’t run out of money and quickly eat through your student loan!
Here are a few costs you should be aware of to help you budget for the first term:
1. Course expenditure including trips, books, equipment and printing costs – estimated average £10 per week
2. Travel (buses/taxis/trains) – estimated average £7 per week
Invest in a travel pass or rail card – after you’ve forked out the initial cash, one of these will save you loads of money in the long run.
3. Signing up to societies (£3-£5 on average) and sports clubs (£120-£150 on average)
4. Stash – estimated average £20
5. Laundry (£2.50 Washing Machine, £1.10 Dryer) is this just in Halls – if so what is it privately?
6. Weekly food shopping –average p/person is £25 per week. Compare price per unit when food shopping, that way you can make sure you are getting the most amount of food for the smallest price! Also check out your local supermarkets ‘Reduce to Clear’ section and freeze the food, you can find some real bargains here! Also, avoid food shopping when you are hungr as you will end up buying more food… instead make a list for the week, so that you’re not tempted to buy anything else!
Also download our free Recipe Guides to help you live well for less and cook delicious meals on a budget!(link to Recipe Guides on ‘Living together page’)
7. Socialising (alcohol/nights out/eating out) - estimated average £13 per week. Try to avoid eating out too often and be aware of your weekly coffee treat…it all adds up! Making your own lunch and bringing it on to campus is really cost effective.
8. NUS extra Card (for student discounts!) – £12
Make the most of your NUS extra card and other student discounts – Save the Student have loads of deals listed just for students.
9. Joe’s Plus discount card - £1
10. Deposit for next year’s house – normally equivalent to one month’s rent
*Prices stated above subject to change
11. Be savvy with what you spend your money on - make sure you shop around before you buy, so you know you’re getting the best deal. Money Supermarket is a good place to start!
Withdraw your week’s money at the start of the week – that way you can track how much you’re spending across the week & stay within your budget. Budget Planner Tool (link ‘student budget worksheet’ here)
12. For those of you with access to smart phones there are a range of apps on the market to help you get better at managing your money. Here are our top 5 (Add in doc on top 5 apps)
13. Lastly, if you are feeling a bit short of cash, consider selling old text books and clothes, this will also help to de-clutter your student room! Ebay and Gumtree are useful sites.