Make 2018 the year you get a grip on your finances

Issue date: 05 January 2018

Make 2018 the year you get a grip on your finances

Let's face it, January can be a tough month for many reasons. If spending was high in December, funds are likely to be low in January! If you're dreading checking your bank balance and want to get a grip on your finances, we've got a bunch of tips to help you out.

Short of time? Try these quick wins:

  1. Use an online budgeting tool – get a clear picture of your finances by setting a budget.
  2. Make the most of student discounts – check out NUS card, UNiDAYS and StudentBeans for discounts and deals.
  3. Open a second bank account – regulate your monthly income by paying your student loan into a separate account and set up a monthly direct debit to your current account.
  4. Organise your food habits – plan your meals, eat out as a treat not regularly and check out our The Afoodable Guide (PDF).

Got a bit more time? Try these:

1. Book a financial health check with us

Arrange to see one of our Money Advice Workers – they'll run through your finances with you, check what funding you're entitled to and help you set a realistic budget. You can book via an Information Point.

2. Sign up to a short course with us

Sharpen your financial awareness and learn to manage your money with a series of three workshops. It's called the Financial Capability Module – but we can assure you that there's no assessments! Topics include attitudes to money, budgeting, scams, saving and spending.

3. Enrol on an online personal finances course

The Open University offer a range of free online courses you can take at your leisure: Managing my financial journey; Managing my investments; Managing my money for young adults and Managing my money.

And finally… share your hacks for cash

If you feel like you've already got a handle on your finances, share your hacks with us! There's five £10 Amazon vouchers up for grabs for the best 5 tips.

We wish you a happy and prosperous 2018!

Back to top