University can be an extreme test of the human condition. Your mind is stretched in the most unimaginable ways, and so is your budget. Those fortunate enough to receive an allowance might want to know how to make it last as long as possible instead of watching it disappear into thin air, as it seems to do more often than not. With a few hacks, managing money at varsity can also help set the pace for healthy financial habits when you enter the workforce. Teach yourself how to budget Start building a sound definition of needs and wants, and allocate your funds accordingly. And be strict about what constitutes a need. Set up a spreadsheet, or get a small notebook in which you keep a record of the money you get and what you spend it on. Get a bank account Part of managing your money and preparing for adulthood is knowing how to keep a healthy bank account. But don't settle for just any bank account. Find one that's cheap but covers all your needs. Take advantage of student discounts and...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.