Keeping Your Finances Strong As A Student

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Being a student has its ups and downs. On the whole, most people will find it to be a particularly enjoyable and enlightening experience. But that is not to say that there are never any difficulties; of course there are, and it is up to the student to learn to deal with them as well as possible. One of the major stresses of student life for most people is the financial side of things. It is notoriously hard keeping your finances in check when you are studying, so it’s worth taking a look at what you can do to improve it before you start. In this post, we are going to go through some of the most essential financial tips which a student can benefit from. Bear the following in mind, and you should be in a much better position with regard to your finances.

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Making The Most Of Benefits

There are many ways in which students do actually benefit from their particular lifestyle, and many examples of the society providing certain boons in a financial sense. It’s a good idea to get to know what benefits there are out there for you to take hold of, as doing so will ensure that you really are making the most of the situation you find yourself in. A good example is that when buying many goods on the high street, you can usually find student cards or discounts for students. You might as well make as much use of these as you can, as it all helps in keeping your finances in check. Similarly, you will be able to save money by not paying as much council tax - something that can usually be notoriously expensive. All of these things add up to make for a cheaper way of living - and you might find that it is absolutely essential to take advantage of them if you are to enjoy student life as much as possible.

 

Free Cash

It might seem like it’s too good to be true, but you can actually get hold of free cash in order to help your studies along. Whether or not you have already looked into this, it’s something you will want to consider if you are going to make the most of being a student. This money can come in many forms. Most commonly, it is in the form of a governmental or local grant - which usually means you won’t even need to pay it back. There are also examples of other, more specific grants for those studying certain courses or at particular institutions. As with everything, it is worth taking the time to check it out yourself so you can make sure you are getting all the money that is truly bowed to you. The money is there to be had, so you really may as well make the most of it. If you do, your life as a student will be considerably easier, and you will be able to focus more on the studies themselves, rather than spending your time worrying about money.

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Applying For A Scholarship

There is another kind of free money which you should look into, primarily because there is a good chance you can get it. If you apply for a scholarship, you can often have your way completely funded throughout your education - something which is bound to make a significant difference to your studies as well. Scholarships are not easy to come by, but when you get them they are notable for being a mark of distinction as well as making your life a lot easier. It’s worth at least trying to get one if you are serious about both your studies and your financial situation being as strong as possible. The right scholarship can really make all the difference.

 

The Right Bank Account

As a student, you are often entitled to a range of specifically student-focused bank accounts. These tend to offer a variety of benefits and characteristics which you might find useful. You might need an overdraft with a small interest rate, or maybe you just need to make sure that you will never have to pay to hold the account in question. Either way, student accounts are the way to go. Sometimes, you even get further gifts for signing up, which can be geared towards helping your studies in some way or another. Bear in mind, however, that you should spend your time and make sure you end up with the account that really is right for you. Otherwise you might find yourself stuck with an account which you should not really have, or which does not actually serve you all that well. This is a difficult situation which is hard to escape from. It’s best to really take your time when it comes to opening up your student bank account and do your research well; this is a skill you’re going to need once you’re at college proper, so why not start now? Make sure that every aspect of your life, work, and studying is going to be covered by the bank account you have picked; there are banks for students in California, for example, which clearly are going to suit some more than others. Other banks will offer online-only banking with fewer fees, or they will have branches you can assess and talk to a real person at. What do you need from a bank? Know that and you’re halfway there.

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Selling Back Your Belongings

You will often find that you no longer need some of your textbooks as you continue your study. For example, in your second year it is unlikely that you will need many of the texts from the first year. You can use this situation to put yourself in a better financial position just by selling those books on to someone else. There are many ways to do that - you can sell them locally or to a friend you have in the lower year. Or you could use a service like buybackexpress.com for more money to come rolling in. However you decide to do it, it is worth looking into. Books are likely to be your main expense, or one of them, and selling them on when you are done with them ensures that you are going to keep in the best financial position you possibly can. Of course, it can extend beyond just books - you can sell any old clothes or anything that you no longer want or need. You might be amazed at how much money you can bring in this way, so it is definitely worth doing.

 

Save On Travel

Wherever you study, chances are you are going to have to use public transport a lot to get around. Fortunately, this in itself is a great opportunity to save some money, as you can easily help yourself to one of the many travel cards that abound. If you live in a big city, it’s likely that such a scheme does exist, and it’s definitely worth making use of it. Be sure to look out for specifically student-related cards, as these might save you even more money in the long run, and you might as well. But even just using an ordinary travel card will help you to save money overall, so it’s always worth looking into.

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Budget Your Loans

If you are going to be receiving loans for studying, then you will need to make sure that you are sensible with them. It can be tempting as a student to spend it all at once, but you want to avoid this trap if you are going to live as well as possible. You need to learn the basic act of budgeting, something which is relatively easy as long as you have patience and some basic skills in arithmetic. As long as you work out exactly how much money you will need and how to spend what where, you can be sure of being much more sensible with your money. That will mean that your loans last you as long as they are meant to, which will make the student life much less stressful on the whole. Learning to budget can make a huge difference to how well you live, and how successfully you live life as a student in particular.


 

Save On Energy

Wherever you live, you are going to want to make sure that you are not overpaying for the energy supply. One of the first things to do, therefore, is to make sure that you are with the cheapest supplier you can find. This is a simple matter of using a comparison service to ensure that you have chosen the right one. It might not seem like much of a difference at first, but over the space of a year it really can make a huge difference to your finances, so it’s definitely worth looking into if you are serious about looking after your money as well as you can. Saving on energy is one of the most central things here, and you should make sure that you are doing it right if you want to save money.

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Cooking From Scratch

It is often during higher education that many people learn to properly cook for the first time. You will soon enough learn that cooking from scratch is definitely better. Not only does it taste better, is more enjoyable and skilful, but it also means that you will spend less money on food. This is a fact, and it’s one that you should make the most of if you are keen to be in the best possible financial situation. Cooking form scratch, buy your food in bulk, and you will be well on your way to financial success as a student.

Everything You Need To Breed Success In Digital Education

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Digital education is a fast-growing trend, and whether you are taking a full degree online or just topping up your knowledge in one of your life’s passions, you are in excellent company. Millions of people around the world are educating themselves online, and millions more plan on joining them in the foreseeable future.

So, if you are interested in investigating this learning medium, there has never been a better time than today. Whatever your interests, there are options, and the reality of online learning is that it’s not a question of ‘should you take a course,’ it’s more ‘where do I sign up.’

That said, there are a few things you should understand about educating yourself in the digital realm. And for this reason, I thought I would use today to explore some of the things you ought to be doing to ensure your success. The following ideas and strategies apply to virtually any course you can think of, so it makes no difference if you are doing a degree or taking part in a simple MOOC for fun. There is a reasonable amount to cover, so let’s get into it right away.

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The basics

You don’t need much to start learning online, but there are a few essentials. A computer is one of them, and, of course, you will need a reliable and speedy Internet connection. There’s more information here on why speed is important for everything from watching TV to enjoying the benefits of a fully connected home, but it’s also essential for online learning. You will be downloading a lot of course materials, and possibly need to take part in live video conferencing or lectures, too. It’s imperative that buffering doesn’t ruin your experience, so make sure your broadband connection is as fast as possible.

 

Get technical

Another critical thing to consider is how comfortable you find using technology. Ultimately, your success will be down to a couple of things: your knowledge of the subject, and your ability to use a broad range of computer software on a daily basis. The chances are that you know how to use email, set up accounts on forums, and use a webcam - as well as how to make the most out of your computer’s word processor. But not everyone finds it easy, and if you count yourself amongst those people, it might just be worth looking into a course in basic technology first. Even if you are well-acquainted with using computer programs and online technology, it might be worth increasing your expertise. At the end of the day, the more you can get out of your tech and the quicker you can use it, the more time you can spend learning.

 

Setting expectations

Before you even begin your course, don’t assume that online learning is any easier than going to a regular university. It’s not. If you do a reputable institution, you will find that your tutors and course leaders have almost exactly the same expectations of you as they do their traditional students. So, you should also have those same expectations for yourself. Half-hearted attempts at learning anything will almost always result in failure, so be prepared to put a suitable amount of time aside for your studies.

 

Try before you buy

If you are having doubts about starting an e-learning course, consider trying one of the many free ones out there first. While none of them will give you the scope of, say, an online degree, they will provide you with a deeper insight into whether or not the medium is for you. Not everyone is suited to online learning - some don’t have the time to put aside, while others find they bounce ideas better in a real classroom. So, starting out small is advisable for a variety of reasons, and I would suggest anyone with interest in doing something like a degree checks out a free course first. Not only will it give you a few ideas on how easy or difficult it will be to learn at home, but it will also make sure you don’t blow a lot of money on a course that might not be to your tastes after all.

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Do the research

As we discussed earlier, not every online course is equal. In fact, it’s fair to say that some are downright poor, but will still cost you a small fortune. The good news is that many of these borderline fraudulent online ‘schools’ are being smoked out, and people are cottoning on to the fact they might be ripped off and ending up with a non-certified qualification. It is vital that you do your research to ensure you don’t fall into a similar trap. For example, you could spend a lot of money and two years of your life doing a bunch of exams that aren’t recognized by any of the educational authorities. You should also understand that some of the free courses offered by the top universities won’t give you any qualifications, so if that is what you are looking for you will need to check the terms and conditions of every course you like the look of.

 

Have motivation

OK, so there are probably billions of people in the world who could look at a list of courses and think ‘I quite fancy that.’ But there is a chasm of difference between something piquing your interest and having the drive and determination to see it through to the end. And let’s be honest, learning in an online environment can be tougher than when you get to go to a classroom. It’s all down to you and your motivation, and you will need to propel yourself forwards to make sure your assignments are complete, and that you set aside enough time in the week to do some proper work. If you are umming and ahhing about taking the course, it’s probably best to wait a while until you have that steely determination in place.

 

Establish time management

When you are working on your education by yourself, you can be your own worst enemy. A lot of digital learning experts will tell you that the number one issue for e-learners is time management, and the reality is that it can be tricky to fit in dedicated time slots into a busy lifestyle. But the simple truth is that you have no choice. Unless you can establish a stable and regular working pattern - that you stick to for the duration of your course - you’ll find that you start slipping behind. And everything from the forum discussions you have with fellow students to understanding what your tutors are teaching will be a lot more difficult as a result.

 

Get involved

I covered communication between online learners in a previous blog post, and I’m going to repeat some of the thinking here, too - it’s that important. First of all, let’s clear something up. Online learning has something of a reputation for being a lonely experience, but these days this is not really the case. The truth is that whether you are joining forums with fellow students for discussions, or holding Skype feedback sessions with tutors, the digital education has a lot to offer when it comes to communication, comradery, and problem-solving. However, you do need to put yourself forward and get involved as much as possible. Shrinking violets can often hold back until it’s too late, and by the time they ask questions, the whole class has already moved on. Help is there for you if you need it, but you do need to speak up.

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Create a positive workspace

Most people who do online courses do so from the comfort of their homes. But it’s important to avoid getting too comfortable! The trouble with learning at home is that there are constant distractions, and it’s easy to develop bad habits, whether it’s working on the couch or deciding to play with the kids. So, just like it’s important to establish time frames to work, you also need to develop a good place to work. It needs to be quiet, free from distractions, and also have a good Internet connection. Hopefully, you will have a room that offers all of this in your home, but if not, there is another option. Public libraries are, perhaps, the best alternative, although if your course gives you access to a university or college library, it’s well worth finding a regular desk there. The quiet atmosphere and access to many different resources will prove to be incredibly valuable.

 

Conclusion

As you can see, there is a lot to think about when it comes to educating yourself online. The research begins long before you even choose a course, and the time you put aside for learning and communicating with classmates and tutors is incredibly important. It’s not necessarily a cheap option, either. A quick glance at course fees for studying at Bachelors level in real life and online reveals there isn’t much difference in cost. However, as long as you are motivated, inspired by your subject, and choose the right course from the right provider, learning online can be a fantastic adventure. Good luck!