One of the biggest challenges you will face in your first year is preparing and sticking to a budget. Forward planning to map out all of the one-off purchases and regular expenses that you are going to have will keep you on the straight and narrow. This will make it easier to see what outgoings you will have so that you have the funds to cover them. Keeping on top of this means you won’t be caught out and will have some spare cash for the fun stuff.
Have a look at our student budget planner which will help you work all of this out and identify any areas that could become problematic, so that you have plenty of time to make changes.