Save
spend
shop
een
of Bargains
Helpthemkeep
trackoftheircashHow to... Help kids
manage money at uni
Ifyou’vegotsomeoneflyingthenesttostudythisautumn,make
suretheyknowhowtokeepcontroloftheirfinances1 Getthemstarted
Talktoyourchildaboutmanagingmoney
andhelpthemworkouta budget.
UsingappslikeMoneyDashboard
(moneydashboard.com)mayhelpthem
stayontrack.It letsyouviewallyour
accountsin oneplaceandanalyse
whereyourmoneyis beingspent.
RachelTaitofMoneySuperMarket
says,‘Managingfinancescantakesome
gettingusedto,butit’sanimportant
stepandaninvaluablelifelesson.’2 Findthebest
bankaccount
There’shugecompetitionfrombanks
whenit comestostudentaccounts.So
it’simportantyourchildshopsaround
tofindthebestonefortheirneeds.
Forexample,somewillofferlarge
interest-freeoverdraftswhileotherswill
promisefreebies.Whilefreegiftscanbe
tempting,viewthemonlyaspartofthe
overallpackageonoffer.3 Warnthemabout
credit-carddebt
Thereis alsoa widerangeofstudent
creditcardsonthemarket,soit’s
importanttotalktoyourchildabout
howeasyit is torackupbigbalances- whichcantakea verylongtimeto
payoff.If youborrow£1,000ona
creditcardandonlypaytheminimum
amounteachmonth,it willtakeover
18 yearstoclear!*
Our expert Rebecca
Gamble saves you
some serious cash
Tweet @RebeccaGMedia or email
[email protected]IFYOUDOONE
THINGTHISWEEK...
TRAVELFIRSTCLASS
FORLESS
Fancybaggingcut-pricefirst-class
traintravel?Thendownloadthe
Seatfrogapp,whichletsyoubid
onemptyseatsinfirstclass.
Justinputyourjourneydetails
intotheappandyou’llbeinvitedto
takepartinanonlineauctiontoget
a last-minuteupgradeif thereis
spaceinfirstclass.
It’sonlyavailableforLondon
NorthEasternRailway(LNER)and
Virgintraincustomersatthe
moment– althoughmoreservices
areexpectedtobeaddedsoon.
Somerestrictionsapply.Visit
seatfrog.comformoreinfo.Bid to upgrade^
your train seat*FIGURE FROM BARCLAYCARD’S REPAYMENT CALCULATOR USING AN ANNUAL INTEREST RATE OF 19%.