Get your finances ready for the unexpected during the 10th anniversary of National Student Money Week
This February, we have lots of digital initiatives to help you prepare your finances for a rainy day. Check out all that's happening this month:
It pays to plan ahead
A budget is a plan for your money: you map out your income and your expenses and make sure it all balances. Once that's done, you'll know you've got everything covered, and you'll have the peace of mind that comes from planning ahead. Learn more about budgeting here.
Prepare for the worst, hope for the best
An emergency fund should be between three to six months worth of your total expenses. That way, you can have enough to survive for a quarter of a year or more if you find yourself in financial difficulty. Learn more, here.
A trouble shared is trouble halved
When you’ve got people to rely on, you can share your thoughts, your feelings, your troubles — and your expenses, too. Sharing study materials, meals, and transport costs might seem like small savings, but they add up to make a big difference. We are here for you, take a look at all our free guides and learning resources.
Manage your risks
If any of your belongings are essential — if you need your bike to get to university or work, or if you need your laptop to get your work or your study done — then you should look into personal contents insurance before it’s too late. Otherwise, you might not be able to replace the things you need if there’s an accident, or if something is stolen. Learn more, here.
Don’t try to do it alone
When times are tough, there’s nothing wrong with asking for help — whether that means asking your family for support, looking into government assistance, or applying for student hardship funds. Speaking to Student Services at your university, checking the gov.uk website, or taking a look at Blackbullion's Funding page are just a few good places to start.
A pocket-sized book with all the financial planning strategies you need for a rainy day.Download
Join our two part webinar series on:
*Only available for students at participating universities
Get a student account that helps you budget for life at university and beyond.
A student account is a current account with extra features you can use to manage your money while studying and after graduation. You can have your income paid in, then you can make payments by debit card, contactless, Direct Debit and standing order.
The Barclays student account has an app that helps you track and manage your money. It also offers tips on budgeting and planning for your future.
Barclays is sponsoring NSMW for 2021 - they have a mobile banking app and Student Additions account. They can also provide several ways for you to track your money.
The National Student Money Week will take place around the country throughout February 2021. It’s the UK’s biggest money awareness week for students and this year we’re focusing on expecting the unexpected.
Delivered by NASMA and supported by Blackbullion (the financial education platform for students) in partnership with Barclays, our mission is to help everyone learn how to withstand any financial situation life throws at you.