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Set yourself a weekly budget. When you go shopping make a list and stick to it. Make sure you know how to cook good basic food. Have pasta. rice & canned foods in the cupboards. Buy supermarket ow...
I cannot forsee a daily budget being helpful. Certainly weekly or monthly. I would use your frequency of payment from your job (if you have one) to determine how often you budget. If you work part ...
The best bet is to work out how much you have before the next loan installment and divide this by the number of weeks left. So for example by the time I had payed my accomodation I had approximately &...
I think giving yourself a healthy budget per week is the best way. I always worked out how much i had going out every month then what i would have left and devided it by the amount of weeks i had in t...
daily! Because if you plan too much in advance you dont even end up sticking to it. Mental endurance did not come in a day, if you plan daily then soon after you will be able to plan weekly and monthl...
weekly and start at the beginning of the term making note of how much is spent and evaluate how much you spend through the year which will give you an idea for the next term
Make a weekly plan or monthly consider what you will need and always look around for the best deals on books and food etc
Daily, weekly and monthly budgeting is whats called for, sounds boring and you have lots of partying to do but believe me you will do more partying the tighter the rain you keep on your budget!.
Monthly. But if you suck at doing that, then weekly.
Monthly. Daily is no fun, nobody wants to live on £6.24, but a few hundred a month is easier to piece together. Some weeks you'll go out more than others, but over a month you can average what yo...
Well i'd love to say monthly, but personally I just can't do it!
Weekly is probably the best way to budget. By setting out a wekly amount. Draw it out at the beginning of the week and then that's ...
Weekly is probably the best way to budget. By setting out a wekly amount. Draw it out at the beginning of the week and then that's ...
Open a separate account, divide student loan by number of weeks at Uni for the year and set up weekly standing order into new spending account.
Best way to budget put simply , be selfish with your money because everyone else will be! buy only what you need and no excess luxury food (thats what the parents are for)
best to do a monthly budget. doing a daily budget is too easy to break and a term one is far too big. Monthly allows you to go a little crazy (parties etc) but also gives you time to pul it back for t...
money can be scary when you don't have any and bills still come in. Really money doesn't have to be complicated...just sensible and full of common sense. The best thing i ever did was set up everythin...
monthly as it gives you a bigger picture of where your money is going. its cheaper to do things by the month, like buying a monthly bus pass instead of paying on the bus everyday and paying rent and b...
This really depends on how you spend, if you buy shopping in weekly/daily, if you go out weekly/daily - tailor you budget regime to you, but you can set your budget for any length of time, the real ke...
i found it best to first allocate the big expenditure like books, rent and christmas presents. the split the rest to weekly budget.
okay daily might be too extreme and unrealistic, but make sure you set a day for example friday, and on that day check your finances, this tends to be the time people get paid so keep up to date an al...
Weekly is best because it's easy to work out how much you've gone over your budget. It's bound to vary from week to week but it's the simplest way if you have weekly events eg. pub lunch on friday and...
set yourself up at the start of term with a set budget.....incorporate the fact that it is chistmas within this....maybe strike a deal to only spend a limited amount on each friend. the most improtant...
All the time, the budget fluctuates all the time but keep it within a weekly range to start off with when you start each term and then set yourself a flexible limit per day. As you get closer and clos...
write down the essential bills, then divide the remainder into the weeks of that month.......when it's gone, it's gone. If you don't give yourself credit (from next weeks allocation), then you won't l...
Budget per month and work out how much spending money you have for that month. Then spread that spending money out over the month so it doesn't all disappear in the first week.
I would go with monthly, break down what you have so you know just how much you have each month and what you need to pay each month. Then you know what free cash you have, if managing this monthly get...
at the start of your first term itis better to budget weekly, as you will come accross plenty of thing that you have forgotten about. for instance i didnt budget for the £350 worth of text books ...
A monthly budget is the best way to prepare yourself for the year. A weekly budget only worsens the headache of financial budgeting! If you are working, a monthly budget will allow you plenty of time ...
Delay 'big' expenditure. It may not have been necessary anyway. Keep account weekly sop you always know what's happning and about to happen in your finances.
I would say weekly. if you work day by day you'll most likely over spend. and if you calculate buy month you're likely to underwestimate you're expenses and be in for a shock at the end of the month w...
Keep to your budget that you have set yourself each week.
Weekly. have an average spend in your head. try to stay under it so you have some money for the things that will inevitably go wrong.....easier said that done though!
if you are rubbish with money....
if you are rubbish with money....
At some point after you get home, think of the money you've spent for the day - write it down. If I tell you to 'try it out' this isn't going to work, finance takes discipline, write.it.down. You'll g...
Weekly definitely. If you overspend one week, cut your budget for the following week.
Give yourself a daily maximum to spend and keep to it. Never "borrow" from the next day's allocation or you'll get further and further out of line. If it means staying in with a DVD then do ...
Weekly. When buying food, set a limit for how much you are going to spend. And remember value price goods can actually taste nicer than branded food, so don't be afraid to try 30p loaf of bread like I...
Weekly budget is good. Helps you get on top of things, foresee a problem and hedge it before it happens
Weekly i think is the best coz u will know what u want for that week.if u tell urself that u are going to spend £30 per week,,stick to ur budget dont go over ur budget try to play under ur budge...
it depends, whatever suits you, if you work and get paid weekly it might be more convinient to run a weekly budget, weekly is probably bst for most students, it makes you more aware of what you'e spen...
In my ideas for the weekly budget I suggested that when you have got a sum for your weekly allowance that you round down to the nearest 10. This really is vital. There are always going to be weeks w...
Save the pennies, I always end up with like 20 quid of 2p and 1p after a few month so get it in the bank! Start buying x mas presents from like september
I'd say weekly to begin with and then as you get to know your expenditure, go for a monthly budget
i think daily is too rigorous but definatley a weekly budget will help you to stay on track especially when there is always a birthday party or social event that pops up. therfore if you stick to it y...
I only did it monthly in the first year because that was when my statements arrived. Now i've started to just keep an idea of how much i've spent each day. That way at the end of the week i can just w...
Weekly budget - but record actual expenditure too.
Set a weekly budget of how much you are going to spend and be strong with yourself dont go over because then you will have less money for the following week.
Your loan is paid in 3 instalments - one at the beginning of the year, another after Christmas and the last around Easter time. It's really easy to overspend, especially in the first term with all the...
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Tips for a cheaper Christmas
Don't put yourself under pressure to buy big expensive presents for your nearest and dearest – in fact it’ll probably make them a lot happier that you’re not being frivolous with ...
Other Topics
- What do you think about the delays with student loans and grants? Have you or someone you know been affected?
- Describe your attitude to money - are you disciplined and organised or carefree and a little careless? Or somewhere in between?
- How important is it for first year students to have a responsible attitude to money?
- What's the most important thing a bank can offer to new students?
- What's the most important thing a bank can offer you as a first-year student?
- Online banking? Mobile banking? Would you recommend them?
- How do you deal with unexpected expenses?
- Ways to save money – or at least not spend it as quickly
- Daily? Weekly? Monthly? At the beginning and end of term? What’s the best way of running a budget so you don’t go broke before the Christmas break.
- Is money scary? Does it have to be complicated? What can students do to make it simpler to stay on top of their finances.
- It’s Fresher’s week, everyone is having a party, you’ve just got your student loan. What are the pitfalls and how do you avoid them?
- What’s the big thought about managing money you’d want to share with everyone going to college or university for the first time?