Found 24th Aug 2016
Any advice for someone who's starting university this September? Saving money or just in general something you wish you would've known or think is good to know.

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Don't go too nuts initially with your student loan, you'll regret it later in the term.

Don't feel the need to buy every book you've been recommended by lecturers or in your handbook. You'd be amazed how many of them are now e-books.

I found using my iPad is a better thing to use for taking notes in lectures compared to carrying around a notebook and pen

If you don't understand something. Don't be afraid to wait behind at a lecture and ask for some help, tutors tend to do a one to one with students to make sure they understand the topic

Also don't apply for too much credit (contract) and try not dipping into your overdraft too much. It still reflects on your credit score but I'm not entirely sure if the overdraft will reflect anything once it's paid off.

Oh and most importantly to save money.
Keep HUKD as your main money saver! This site has saved me tons of money when it comes to Christmas/birthday gifts

strongly consider not going. depending on your course it simply may not be worth the 50k+ of debt.

Original Poster

​thanks- some good points here guys!

Original Poster

jonnybravo99

strongly consider not going. depending on your course it simply may not … strongly consider not going. depending on your course it simply may not be worth the 50k+ of debt.



​considering the repayment system it seems like it doesn't matter that much.. £22 a month from £24k wage?

reddit.com/r/A…ng/

What are you looking to study? It's not true debt as I'm sure you're aware.

jdrob123

https://www.reddit.com/r/AskReddit/comments/4uuky5/whats_one_thing_you_wish_you_knew_before_starting/What are you looking to study? It's not true debt as I'm sure you're aware.



​of course its true debt, you owe somebody money! thats the definition of debt.

look at apprenticeships which offer sponsered degrees if possible. thats what i did and it was the best choice i ever made.

Original Poster

jdrob123

https://www.reddit.com/r/AskReddit/comments/4uuky5/whats_one_thing_you_wish_you_knew_before_starting/What are you looking to study? It's not true debt as I'm sure you're aware.



​what do you mean by "not true debt"? sports science.

as I said before.. considering the repayment system it doesn't seem such a bad thing to be in this student debt? anyone care to elaborate why i should think otherwise?

My daughter attends Portsmouth university. She saves her loans and is sensible when going out clubs etc, sticking to spending limit's.
Then in the summer holidays books holidays to Europe.
This summer 1 week in Spain, 2 weeks touring Greece, Germany, Italy and France using student digs.

Forgot to mention to get Dad to pay phone bills, laundry bill etc

Definitely concur with the book issue - don't waste hundreds on buying them all. I studied law and stupidly bought every single most recent one thinking that one from a year ago would be so outdated which wasnt the case. Keep an eye on student ads from people who have just graduated and get them second hand for 20% of the price. Get theeself a good student bank account with a decent overdraft limit/repayment. However remember at some point they will want the overdraft to be cleared once you're done and its not free money. Try and get one with a 3 year student railcard if they're still doing that, youll save far more money than a small cash incentive. Also, join some clubs/teams at the start of the year at the freshers fair - meet lots of people that way.

adamspencer95

​of course its true debt, you owe somebody money! thats the definition of … ​of course its true debt, you owe somebody money! thats the definition of debt.look at apprenticeships which offer sponsered degrees if possible. thats what i did and it was the best choice i ever made.



It was meant in the sense that if you graduate and remain unemployed for the rest of your life nobody will chase you for the money.

You're in debt when you're in employment that offers a comfortable salary.

Get a good student cookbook, learn to cook on a budge is the easiest way to survive financially. If the parents are nice they will take for a food shop when dropping off.

Weekly budgeting give yourself a budget and stick to it as best as you can.

Look for p/t job asap while studying.

In Freshers week, avoid signing up to too many clubs/groups. You will find you wont have too
much spare time once your course starts. Always remember, while its fun and be laid back, studies
are the most important. Have fun and enjoy it.

Banned

Go to supermarkets at 3pm on Sundays & After 6.30 on weekdays

Oh & spend as much time away from pubs as possible.

Original Poster

thanks for pointing out different things for consideration! I think I will do just fine as I've been quite independent and alright with managing money. A lot of the points made just helped me to solidify my thoughts!

Work hard as you will only get one chance. It's a cut throat world out there when you graduate so those grades will mean the difference between a job and no job. So many graduates fail to get a job after graduating as they are just mediocre.

When I was a student nurse waters tones had the books from the year before less than half the price of the current book. Anatomy doesn't change that quick

adamspencer95

​of course its true debt, you owe somebody money! thats the definition of … ​of course its true debt, you owe somebody money! thats the definition of debt.look at apprenticeships which offer sponsered degrees if possible. thats what i did and it was the best choice i ever made.



Sponsered? Even your spell check didn't correct it.

windym

Sponsered? Even your spell check didn't correct it.



​i dont have spell check i think thats the problem, thanks.

sponsored*

Don't increase your loan, they will screw you for the rest of your life. Take a pillow to tutorials. Buy a caravan and stay in that on a caravan club site. use public transport. Go on diet - you wont need to eat so much. Join a few clubs. Get a part time job.

Original Poster

foes4you

Don't increase your loan, they will screw you for the rest of your life. … Don't increase your loan, they will screw you for the rest of your life. Take a pillow to tutorials. Buy a caravan and stay in that on a caravan club site. use public transport. Go on diet - you wont need to eat so much. Join a few clubs. Get a part time job.



​how is this screwing going to happen? Could you expand?

When you cook or make something to eat wash up straight after (something I'd done at uni and still do to this very day). Apply for 3 year nus extra card £33 delivered to get you student discounts (If there is a co-op near you you can get 10% off). Get a 16-25 railcard for £30 for 1/3 off rail travel for a year. 16-25railcard.co.uk/
Get 18 months student prime from amazon for £38.50, it's a free for 6 months trial then half price for a year. Being with student prime gives you 5% off amazon products + amazon music + prime videos + next day delivery (I'm using this right now even tho I'm not a student anymore).

Edited by: "RiverDragon8" 25th Aug 2016

I'm about to start my second year at Uni so I'll run through the list of things from experience. To preface I lived at home rent free (my mum refuses to accept a dime from me for rent) so my finance information might not be all that applicable (although come to think of it train tickets probably equated to more than normal food costs...), but the rest hopefully should be.

1. Get to know you cohort, have a group of people you can socialise with and be friends with. It helps the experience tenfold. Most of my cohort are mature students (Late 20's/early 30's) so it took awhile to "fit in" as such. The first few weeks of not knowing anyone really did make it quite rough.
2. If you don't get something ask, chances are nobody else knows the answer either. 9/10 this is the case. If you still don't get it talk to the lecturer afterwards.If you're still unsure do a bit of research and then arrange a tutorial if possible bringing what you've looked at so the lecturer can say where you're going right and wrong. My cohort was only 20 or so students so it was easy to do, but it might be more difficult with a larger more mainstream uni.
3. It sounds simple... but for the love of god don't leave your assignments to last minute. It happens to everyone and the stress isn't worth it. Hack away at your assignments bit by bit throughout each semester as it makes the work so much easier.
4. Keep track of everything. Deadlines, dates for important lectures, where your lecture notes are. The organisation side of things helps keep everything else in line.
5. Part time jobs are helpful for money. If you're smart with food your loans should easily cover basic bills. But then you might struggle with cash for books and luxuries. Everything is less stressful when you don't have to worry about money. But don't let them push you into extra hours. Believe me if you overload yourself grades go down.
6. On the topic of books, ask the lecturer what you absolutely must have (e.g. key texts) and buy these ones. Depending on the subject you can get away with older volumes that can be picked up for pennies online or in used book stores rather than the £40 reprint. Other books you can find in the Uni library and you'll probably use like once in a unit.

All in all just have a good time. Yes University is a major investment but you'll likely do better if you enjoy the experiences it brings as well as studying. My first semester was pretty dire as I hated every second of it, but come second semester I started to enjoy it a little more and my grades reflected that. Also try not to stress too much about the first year if you're doing a three year BA Honors or equivalent as year one doesn't count toward the final grade. Try your best, find your boundaries strengths and weaknesses and work up from there.

I'm full of good advise on money saving and have been repeating this advice now for the last 3 years to my son who doesn't listen to any of it and always buys the best of everything..
25 quid on 1 pair of underpants oO
so I guess my advise now is try not to spend like my son.
Edited by: "stefromuk" 25th Aug 2016

Original Poster

stefromuk

I'm full of good advise on money saving and have been repeating this … I'm full of good advise on money saving and have been repeating this advice now for the last 3 years to my son who doesn't listen to any of it and always buys the best of everything..25 quid on 1 pair of underpants oOso I guess my advise now is try not to spend like my son.



​i guess the saying "apple doesn't fall far from the tree" doesn't work in this case

stefromuk

I'm full of good advise on money saving and have been repeating this … I'm full of good advise on money saving and have been repeating this advice now for the last 3 years to my son who doesn't listen to any of it and always buys the best of everything..25 quid on 1 pair of underpants oOso I guess my advise now is try not to spend like my son.


lol.. kick him out. Looks like you have spoilt him too much. Show him the world of Primark

shabbird

lol.. kick him out. Looks like you have spoilt him too much. Show him the … lol.. kick him out. Looks like you have spoilt him too much. Show him the world of Primark



​wish I could lol he's hardly at ours now
He knows how to play the poor student with my wife so he knows he'll never starve

letterboxfortom

​i guess the saying "apple doesn't fall far from the tree" doesn't work i … ​i guess the saying "apple doesn't fall far from the tree" doesn't work in this case



​Not when it comes to wasting money lol
hence why I'm on a deals site
He has just took up a 2 year iPhone contract for £35 a month and thinks he will be fine wouldn't listen to us.
He's been working at a bar now for the last year so thinks he's loaded...
told him though he's 21 soon and the bar might not give him any more shifts as the minimum wage goes up a few quid more a hour and I'm sure they'd rather just get another student under 21 for cheaper.

Go to a German university. They don't charge fees (saving £9000 per year), many courses are conducted in English, and almost all textbooks are in English. But UK student loans will not be given to UK nationals attending foreign universities.
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