Learn how to manage your money successfully

The questions that go through almost every potential student's mind are:

  • How will I afford higher education?
  • What will I do if I can't pay for the basics like food?
  • How can I afford a social life?

The simple answer is by learning to budget. Putting this into practice can be a lot harder to do, but if you consider the ideas here, you will find it much easier to support yourself at a conservatoire without leaving with a huge debt.

So, you are given a loan, your tuition fees don't have to be paid until you leave and your parents are giving you money every week. You may think it's a great idea to go shopping and out for dinner, especially when socialising can be so important during the first few weeks of your course, but as you know, the money you have will eventually run out. If this happens, you may find that you can't even afford the basic costs of living.

This section covers:

Budgeting
Advice on how to manage your money while at a conservatoire.

Student bank accounts
Advice on the many different bank accounts available, what to look for, and what to avoid.

Debt management
What you can to do to avoid debt getting out of hand.

Useful links
Links to other useful sources of information.