Student loans are a common part of student life, with as many as 56% of students taking loans to fund their studies in England alone. According to the House of Commons Library, around £20 billion is loaned to students every year. The main reason students take loans in the UK is actually for accommodation - they need their 'accommodation and maintenance' loans, as student loans are actually called, to fund housing, bills, and living expenses such as food and commuting. As such

By Alice Gerwat It’s no secret that students struggle with finances – receiving loans in just three large instalments a year makes it incredibly difficult to work out how to evenly distribute your money. Alice is a money-saving expert from Magic Freebies , and she’s here to explain how the 50/30/20 budgeting rule is a simple way to make your money go further. What is 50/30/20? This budgeting technique was coined by Elizabeth Warren. Warren is a bankruptcy expert from Harv