- April 19, 2016
As soon as your loan arrives, calculate how much you need to pay in rent and utility bills (usually needs to cover 3 – 4 months) as one lump sum – place that money into a separate account which you cannot see or touch. Set up a direct debit to that account for rent.
Then assess the amount you have remaining, divide it by the amount of weeks till your next student finance payment. Thats the amount of money you have as a weekly allowance to buy a weekly food shop, buy books and use for a night out or 2 a week.
(P.s take into account money needed for family/friend birthdays and Christmas presents during this time).
Everyone is thinking and doing the same thing. Talk to people and relax, this video will soon be you: