First let’s start with the big stuff. The first thing you should really do is get your head in the right place when it comes to spending your money. This can be done as soon as you are clear of your situation when it comes to how much money Student Finance are sending you and whether or not you are living at home or staying in university halls.
You need to be aware of, and possibly even make a list of, what the big important things are. This way you can be prepared for what you will need to spend a lot of money on and what you don’t need to spend a lot of money on.
You also need to remember that you need to get value for your money. If you need to buy things like a new laptop and stationery or even a bag, you need to remember that university lasts for three years. So it is worth it to find something that will last for those three years, to save you money in the long run.
One main example of this is how you can save money in Fresher’s week. This week can be an extremely expensive one especially if you’re a party person and you want to go to all of the events. However, if you are not a massive party person but still want to make friends a good way to save money could be by not buying an expensive ‘all access’ wristband, if this is not your priority.
Instead of spending the money on a wristband for all of the clubs at Fresher’s you could instead focus on spending money on memberships to societies and athletic sports teams. It can get very pricey if you go full storm ahead with both a Fresher’s wristband and memberships, but if you think about what your priorities are and you choose wisely then you won’t end up regretting your choice.
You need to remember to spread out your money across the term and the year so don’t spend all of it on drinking in Fresher’s Week. Choose the big things that you will benefit from the most, because these are the things that you will want to put both your time and money towards.
For example, athletic team memberships may seem a bit expensive especially during Fresher’s Week, however, when you think about it compared to an outside professional team they are offering you a huge discount and that is your membership for the whole year.
Also, these memberships are worth the price even compared to the other expensive drinking socials of Fresher’s Week because you can socialise and make friends in the athletic teams and societies with out having the massive price tag of a night out drinking.