My University Experience: Managing Money

Saturday, October 17, 2015
www.ofbeautyandnothingness.co.uk
If you have been following my blog for a while then you may know that I graduated from university two years ago now and I have to say it was one of the best decisions I've made, even though it can be so difficult and very stressful sometimes (especially while blogging as consistently as I could and writing my dissertation!) but I would definitely recommend it! I went to a very small campus which was part of the University of Huddersfield which was close to home so I didn't need to move out; therefore I didn't have that added financial strain. Although being a student isn't a walk in the park for anyone in terms of studying, exams and finances. 

Todays post is a sponsored post in collaboration with TSB and my friend Yasmin, who is also a university graduate, all about our university experience with regards to managing money. Also you get to see some slightly embarrassing photos of my graduation...If you have any advice or tips for managing money while at college or university then feel free to leave a comment below! 

As mentioned in my previous post, the TSB student account is a great option for university students but did you know that they also have an app where you can easily manage your money? Yasmin uses the free TSB app all of the time as it is so useful for transferring money to friends/family even if they are with different banks as well as paying tax, bills or standing orders for example. The app shows your transaction history so you can see exactly how much you have spent, saved and transferred to others which makes managing your money so much easier especially as a student with student loans, grants and payments that need to be carefully managed. On the app your TSB student account will be displayed so you can monitor your finances and if you also have a TSB savings account them it too will be displayed so if you were very money savvy and forward thinking, you could transfer a certain amount of your student loan or grant into your savings account so quickly and easily - otherwise it will probably be spent on nights out! I think if you have numerous accounts (for example a student account and a savings account) then it might be useful and easier to have them with one bank, especially if you're using a banking app. 

As well as the app, you can get mobile text alerts from TSB so you receive a text reminder when you are nearing or if you have reached your limit; therefore you know if you need to cut back on the spending a little (feelin' spendy is ok sometimes but not all of the time!) or if you need to transfer money. Yasmin used the app and text alerts while at uni as it is perfect for students as it means you can avoid unplanned overdraft charges. I think both the app and text alerts will be invaluable to students as being a student can be difficult enough without adding in extra stress about managing your money and payments. 

Also, within most universities there should be student financial support where you can get general advice as the world of banking and managing money can be confusing (even if you aren't a student)! Lastly, one way of managing money that all of us could use is to shop around for the best deals and rates to make sure you are not spending more than you need to. 

If you're looking for money saving tips then check out my 'student money saving tips' post and if you want more information from TSB then check out their useful savvy student guide

Do you have any money managing advice or money saving tips?

13 comments

  1. You look very beautiful! Post wonderful, pleasant to read and look at photos! :)
    Kisses

    Diana.
    http://mirandabeautyworld.blogspot.ru/

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  2. Managing money is one of the issues most of us had/have during university. I know how less I had to spend in order to have some money left at the end of the month. Luckily I was living with my brother when I was having my masters degree so I didn't need to spend any money for accommodation(paying £500 for a private room is a lot) but have to pay for the bus which was only around £100 for a semester(thanks to arriva). Also I mostly got my lunch from tesco or asda instead of going to fancy places :) x

    www.elabellaworld.com

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    1. It's a time when there is so much stress even without thinking about money! x

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  3. Brilliant advice! I've been looking for a decent student account so will definitely be checking out the TSB account!

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  4. As someone currently studying to be a nurse, it's definitely really difficult to be on top of assignments, studying, jobs, and club activities, so finances are something I want to have no trouble with! Great post!
    xo Kiki
    http://colormekiki.com/

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    1. My sister is currently studying to be an adult nurse and it is very difficult x

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  5. Researching student bank accounts is something I really wish I'd done before committing! Thy vary so much and compared to my friends I think I didn't get the most out of it xx

    Jasmine Talks Beauty | High-End Palette Giveaway

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    1. Same, I didn't have one but I think it would be really useful x

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  6. this is a really helpful post, I wish I had taken the time to research different bank accounts when I was a student!

    http://claresloves.blogspot.com/

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  7. What a clever post/app. My husbands cousin will be entering UNI this coming year. I will have to tell her to look out for this!
    Angie x | Chocolate & Lipstick || UK Beauty and Lifestyle Blog

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