Having been a university student I know first hand how difficult it can be trying to balance your personal finances. There always seems to be something else to pay and finding the cash is sometimes a struggle. I'm not a financial whizz so I often need to ask advice from my friends and family, but it would be handy if all the information was in one place to save my embarrassment. OnlyStop.com fills that role nicely by collecting essential financial information into a single comprehensive resource.
Going back to my student days again one of the most important steps I took was opening some new bank accounts. I opened a new current account for my day to day transactions and a high interest savings account with my friendly mutual building society. Banking is a cut throat industry and the major players all offer incentives for signing up to their products. In the case of current accounts it's best just to take a step back and avoid being blinded by all the free cinema vouchers and cash back. It's a much shrewder plan to choose an account with minimal fees (preferably none), a favourable rate of interest and appropriate overdraft facilities just in case you find yourself short.
Insurance is another must have for any university student. It's worthwhile having your laptop, phone and other personal belongings insured because student accommodation is a known haunt for criminals on the lookout for the latest must have gadgets. Sometimes it's possible for your parents to have your belongings covered in their own home contents insurance. It's well worth asking them to get some new home insurance quotes to find out if this is possible. A lot of students now have cars too, which is an additional financial burden. Big savings are to be had by shopping around for the right car insurance deal and by driving economically using the right gears and avoiding excessive acceleration and breaking.
For more essential financial advice check out OnlyStop.com.
Going back to my student days again one of the most important steps I took was opening some new bank accounts. I opened a new current account for my day to day transactions and a high interest savings account with my friendly mutual building society. Banking is a cut throat industry and the major players all offer incentives for signing up to their products. In the case of current accounts it's best just to take a step back and avoid being blinded by all the free cinema vouchers and cash back. It's a much shrewder plan to choose an account with minimal fees (preferably none), a favourable rate of interest and appropriate overdraft facilities just in case you find yourself short.
Insurance is another must have for any university student. It's worthwhile having your laptop, phone and other personal belongings insured because student accommodation is a known haunt for criminals on the lookout for the latest must have gadgets. Sometimes it's possible for your parents to have your belongings covered in their own home contents insurance. It's well worth asking them to get some new home insurance quotes to find out if this is possible. A lot of students now have cars too, which is an additional financial burden. Big savings are to be had by shopping around for the right car insurance deal and by driving economically using the right gears and avoiding excessive acceleration and breaking.
For more essential financial advice check out OnlyStop.com.
