{"id":1359,"date":"2022-07-11T16:50:16","date_gmt":"2022-07-11T15:50:16","guid":{"rendered":"https:\/\/blogs.uwe.ac.uk\/student-views\/?p=1359"},"modified":"2022-07-11T16:50:19","modified_gmt":"2022-07-11T15:50:19","slug":"how-i-manage-my-money-as-a-postgraduate-student-at-uwe-bristol","status":"publish","type":"post","link":"https:\/\/blogs.uwe.ac.uk\/student-views\/how-i-manage-my-money-as-a-postgraduate-student-at-uwe-bristol\/","title":{"rendered":"How I manage my money as a postgraduate student at UWE Bristol."},"content":{"rendered":"\n

By Opeyemi, MSc International Management student.<\/strong><\/p>\n\n\n\n

Our postgraduate student, Opeyemi, tells us how he\u2019s overcome his money worries at university through the wide range of financial support on offer at UWE Bristol. He shares his top tips on how he\u2019s managing his money during his master\u2019s degree. Keep reading to find out more about Opeyemi\u2019s story.<\/p>\n\n\n\n\n\n\n\n

Opeyemi’s story<\/h2>\n\n\n\n

Hi friends, my name is Opeyemi and I\u2019m a postgraduate student currently studying International Management at UWE Bristol. During my master\u2019s degree, I\u2019ve learned lots of lessons when it comes to managing your money as a postgraduate student.<\/p>\n\n\n\n

Financing your studies and university life is a common concern for many postgraduate students. Whether you\u2019re already studying or waiting to start your master\u2019s course, if you\u2019re worried about managing your finances as a postgraduate student, I have some tips to help you.<\/p>\n\n\n\n

\u201cBeing worried about how to balance your finances is perfectly natural, especially if you\u2019re worried about being able to afford basics like food.\u201d<\/em><\/p><\/blockquote>\n\n\n\n

Postgraduate student loans<\/h3>\n\n\n\n

Before starting university, I\u2019d recommend applying for a postgraduate student loan. If you\u2019re a UK student, you may be eligible for tuition fee loans and maintenance loans, which cover your living expenses while you study. You can find more information on postgraduate funding <\/a>on the UWE Bristol website.<\/p>\n\n\n\n

Get postgraduate financial support<\/h3>\n\n\n\n

The most important thing to do is ask questions and do your research. UWE Bristol understand that university life goes far beyond studying and writing exams, so they offer many opportunities on campus to learn about student finance and funding.<\/p>\n\n\n\n

Through the UWE Bristol Student Money Service<\/a> you can seek advice from Money Advisers on how to get postgraduate financial support. All you\u2019ll need to do is complete an InfoHub enquiry form and answer a few questions about your situation, so it\u2019s quick and easy.<\/p>\n\n\n\n

Find part-time work<\/h3>\n\n\n\n

One of my top tips is to find paid part-time work<\/a> during your postgraduate degree. The modules on my course are flexible, meaning I have time to work alongside my studies. I currently work as a Student Ambassador, Student Content Creator and Future Quest Ambassador at UWE Bristol.<\/p>\n\n\n\n

For each of these jobs, I work as a casual worker on zero hours contracts, so I can pick up work when it suits me. The best part is I get paid for doing what I love. All I need to do is accept work invitations, complete my allocated shifts and check my payments have come through on pay day. You can find and apply for part-time roles on the InfoHub<\/a> website.<\/p>\n\n\n\n

Create a budget<\/h3>\n\n\n\n

Budgeting is a great way to find out how much money you have left to spend on non-essential things each week. By calculating your income and outgoings, you can pace your expenditure. This prevents you spending all your money as soon as you get paid, so you\u2019re not left struggling for cash at the end of the month.<\/p>\n\n\n\n

Here are the steps I take to create my weekly budget:<\/p>\n\n\n\n