Some changes to your weekly outgoings, such as buying supermarket own-brand items or switching to a cheaper supermarket can make your money go further. Consider reducing your spending on non-essential items, such as buying gifts, as well as reviewing your essential expenses.Cashback apps can earn you small amounts of cashback when you spend money at a variety of shops online, which you can save up for future use.As a bonus, buying used items is also more sustainable Oxford has some great charity shops and markets, where you can often find second-hand clothes and other items for much lower prices than if they were brand new.If you do decide to use buy-now-pay-later, update your budget to include the repayments to avoid any late repayment fees. If you can't afford an item now, consider whether you will be able to afford it by the repayment date, or whether you would be buying it at all if paying later wasn't an option. Wait until the next day and see if the item still seems essential before buying Try not to make impulsive purchases based on targeted adverts online or on social media.Having to pause to input your card information each time you spend will give you extra time to consider whether a purchase is really necessary Saving your debit or credit card information on your web browser can make it very easy to spend money online, so you could consider not auto-saving these details when the option is given.Or, if you withdraw money from a cashpoint, get into the habit of checking your balance first, so you know how much you have available before deciding on how much to request.Downloading a banking app or checking your bank balance online before making an online purchase are good ways to regularly keep check of your available money.Keep an eye on your finances and spending habits to avoid overspending.A lot of banking apps now offer the option to put your money into different ‘pots’, which can be a helpful way to define how much you have available to spend on different costs, or to keep some money back for future use. Consider moving any unspent funds into a separate account every so often, to avoid spending this money unnecessarily.You’ll then be left with your spending money, and can work out a weekly amount by dividing this figure by the number of weeks until your next funding payment is expected. Work out how much funding will be left over after the above deductions, and ideally put aside a bit extra in case of emergencies or unexpected expenditure.If you are going home you may need to budget for transport costs, and if you are staying in Oxford you'll need to plan for any additional living costs or rent.
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