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Managing Your Money

We are dedicated to helping you gain the knowledge needed to manage your money better and maybe gain a few extra money saving tips you were not aware of. 

Living Costs

To get an idea of the living costs for University please see our living costs page. This page will give you estimated costs to be aware of, but please note the costs are a guide only.

Beware of Fraud & Scams

Beware of scams and report any suspicious emails/texts to Action Fraud and contact the Student Money Advice Team for further advice and support. 

Please also see our financial difficulties and Cost of Living Support pages.


A student job can be a useful way to avoid debt, gain valuable work experience and help you achieve a nicer lifestyle. If you’re looking to reduce your expenditure whilst increasing your income, the Careers and Employability Service can offer advice on a range of part-time work available. It’s important to get the balance right, which is why we recommend no more than 12-16 hours a week of work alongside your studies.


When thinking of sustainable spending in relation to food, you should consider spending closer to home on goods produced closer to home and reducing food waste. Eating seasonal fruit and veg from local suppliers is a great way to do this, it is also often cheaper as is trying meat free for some of your meals.   Here are some tips on making small switches to more sustainable eating, try all of them or just the one to start making the switch to being more sustainable.

Fashion

What doesn’t sit so well with us these days though is ‘fast fashion’, fast changes in fashion, fast production, items only worn a few times then disregarded. None of this is particularly sustainable, how can you make informed decisions about clothing purchases whilst doing your bit and save money in the long run? 

Energy

Reducing energy use is good for the pocket and the planet. It might not be the time to change energy providers, but that doesn't mean small changes won't make a big difference. 

Travel

Sustainable travel is more than trains versus planes.  It can incorporate getting around day to day as well as what we do for holidays.


  • Pay cash so that you have an overview of your money 
  • Buy basic instead of branded products
  • Put a list together before going shopping
  • Budget at the start of each month/term and stick to it - it will soon become second-nature
  • Spend only the cash you take with you on a night out
  • Buy in bulk so that you don't run out quickly
  • Don't buy every book on your reading list, use the Library and buy second-hand
  • Cook batches and freeze the rest
  • Shop around to find the best offers
  • Only buy what you need
  • Spread your money over the term– if you receive a loan, spread it across a period of time rather than spending it all at once.
  • Prioritise – always make sure bills are paid first. You can change the date you pay your bills so that they leave your account soon after payday. Allow at least three working days in case payday or your bills fall on a weekend.
  • Be disciplined – cut out luxury spending by not giving in to impulse buys.
  • Be realistic – allow for some coffee breaks and nights out. Don’t forget to factor in unforeseen costs like birthdays, Christmas and unexpected travel home. If you need to run a car, be mindful of the cost of petrol and repairs.
  • Maximise your income – providing all assignments are done, consider doing overtime at work, especially in the Christmas and Summer holidays.