Just as 18 year olds around England are receiving their A level results, many young peoples’ minds are turning to university and the three years of careful spending that it necessitates.  For those who find themselves in financial difficulty, a company such as Cash Genie will be able to give you a short term loan as an immediate cash injection, but if you are living away from home for three years without earning any significant salary, it really is essential  to start thinking carefully about how you are going to manage your money.

Many university students are able to work for a few hours a week without finding that their studies suffer, but it is wise to settle into your course and new life before you commit yourself to part time work.  Obviously university courses vary widely in their demands in terms of time commitment, and it is not easy to know how demanding yours will be until you are some way into it.  Making your own money at university not only prevents you from getting into financial difficulty, but will also be an impressive addition to your CV, showing that you can juggle academic commitments with outside activities, and that you have taken control of your own spending.

One of the main things students can find difficult is keeping on top of what they are spending, particularly if many of their outgoings are made when they have already drunk a few pints in the students’ union!  If you can maintain a record of what you spend on a day to day basis, this should help you to plan your future outgoings and help you see where you may be able to cut back your spending.  If you make purchases with a card rather than in cash, you can always look at your bank statement so that you know exactly where your money went.

Students who seek to manage their money without needing to call in the services of cash genie would also do well to look into the various student discounts that are offered  to those in full time education.  It is certainly worth opting for a young persons’ railcard, which will give you 30 per cent off rail travel, and also finding out which high street shops offer a ten or fifteen percent discount to students.

For the thousands of young people who are about to commence their university career, it is surely a relief to know that there are companies such as Cash Genie who will be able to help out if their bank balance is dangerously low. However, if you follow the advice provided above, you should find that you are able to take care of your finances with relative ease.

Please visit http://www.cashgenie.co.uk/ for further information about this topic.

http://www.cashgenie.co.uk/

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