Managing your money
Written by mobby man   
Monday, 20 August 2007

student.jpgManaging money for your studies is not a very tough job as people say,all you need is knowledge to plan your money,resources to build multiple straem of cash and patience in you spendings.Here are few tips that will prove to be helpful in managing your money.

 

1.Use cash rather than cards. Debit and credit cards may be a safer way to shop but can lead to over spending and the dreaded overdraft. If you budget with cash it may help reduce the temptation to overspend.

 

2.Working part time – help your cash flow by working part time. Try sacrificing just one or even two evenings per week.

 

3.Plan a budget. Try to keep track of your monthly finances; incoming payments and outgoing expenses. This could help you steer clear of an overdraft.

 

4.Overdrafts; most banks will offer students a fee free overdraft facility on student bank accounts but remember this is fee free not free money! Don’t forget the bank can request full repayment of your overdraft at any time. Student overdraft limits are often extended year on year providing access to more credit.

 

5.Recycle your unwanted mobile phones for cash! Rather than have your old mobile phones collecting dust in a drawer, make money from them by trading them in for cash today. Depending on the age, working order, make and model of your old mobile, there are companies who pay between £20-£50. There's even demand for older models, as these can be sent to developing countries that don't have the latest technology systems yet. To achieve the best possible price, your phone should be in full working order with the original battery and charger.

 

6.Free Financial Health Check. Just 3 questions about your monthly spending and your current residential status will tell you if you should consider a serious overhaul of your finances.


Views: 275

Comments (1)
1. 11-11-2008 04:15
How to gain a high Page Rank or PR?
visit this for more details 
www.advert-bux.com :grin 8)
Written by This e-mail address is being protected from spam bots, you need JavaScript enabled to view it (Guest)

Write Comment
  • Please keep the topic of messages relevant to the subject of the article.
  • Personal verbal attacks will be deleted.
  • Please don't use comments to plug your web site. Such material will be removed.
  • In case security code not visible or you entered wrong code,just refresh the page!
Name:
E-mail
Homepage
Title:
BBCode:Web AddressEmail AddressBold TextItalic TextUnderlined TextQuoteCodeOpen ListList ItemClose List
Comment:



Code:* Code
I wish to be contacted by email regarding additional comments

Article © Copyright 2007 by earnerz www.earnerz.com
All right reserved

Last Updated ( Monday, 20 August 2007 )
 
Learn2earn Article Directory by Earnerz