Do you go round shops spending tons of money on the latest clobber/makeup/going out or are you saving your money and going round cheaper shops like myself. haha
2007-12-03 22:37:11 · 4 answers · asked by sarah 6 in Education & Reference ➔ Higher Education (University +)
I don't have a student loan, I decided I didn't want to be in debt when I got out of uni because you have to buy houses and stuff, so I worked my way through. So I've not really had a chance to save, but I'm working on a placement this year so going to stash all I can away while I'm earning!
2007-12-03 22:45:44 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Generally student loans aren't large enough to allow anyone to waste money; most students I know spend theirs on such frivolous expenditures like textbooks and laundry. However, I have met a few over the years who worked to make the money they needed and put their loan money into investments that paid more than the interest rate on the loan, with the goal of being able to buy a house when they graduated from the university.
2007-12-04 07:58:20 · answer #2 · answered by neniaf 7 · 0⤊ 0⤋
At the moment I am saving my loan, so that I have a fund in case the car breaks down, insurance, petrol, mot etc. I do not like shopping it is one the hates I have got, besides I do not go out clubbing as this is not my scene.
2007-12-06 14:55:11 · answer #3 · answered by kh120159 3 · 0⤊ 0⤋
I spent mine on paying back previous debts, books and the majority of it went on clothes, shoes, going out and being a general student! I wish I'd have saved it and I'd have a nice deposit for my flat by now and scrimped my way through uni instead!
2007-12-04 06:52:58 · answer #4 · answered by Supa Sam 2 · 0⤊ 0⤋
my son is his 2nd year and because he is in London has a good grant he does not have to pay back - this of course does not include his tuition - he is very careful with his money and does not indulge in fripperies - last year he had enough left over from his grant to buy himself a new comp - it can be done
2007-12-04 06:54:18 · answer #5 · answered by Barbie V 6 · 0⤊ 0⤋