1. MONEY MATTERS
Presentation by:
Student Money Service
September 2019

2. THE ART OF JUGGLING MONEY

3. Financial Education at UWE
E- learning Blackbullion
Financial Capability Module
UWE Futures Award

4. STUDENT LOAN REPAYMENT CALCULATOR
Videos
Quizzes
Competitions
Prizes
FREE
for UWE students
How to register?
Visit Blackbullion and use your UWE Bristol address to set up an account.
Over 2700 users
BUDGET CALCULATOR
STUDENT LOAN REPAYMENT CALCULATOR
INVESTMENT
PENSION
CREDIT RATING

5. Financial Capability Module
Twice a year
Six hours
Part of Futures Awards
External speakers
Quizzes and prizes £100
Interactive
attendees
The Financial Capability module won the National Association of Student Money Advisers (NASMA) Financial Capability Engagement Award in June 2018.
Had an amazing time, thank you for the engaging sessions! I feel more prepared to deal with my finances now.”
Next module starts on 6th of November and students can book through Infohub

6. Managing Money Between £858 -£1050 a month Expenses Weekly
BUDGET EXTRAS
Please note that the above budget does not include:
socialising/entertainment
travelling to see your family and friends at home
your mobile phone
the cost of securing your accommodation for the next academic year
emergencies
summer costs
Typical student budget expenditure
Expenses
Weekly
Annual (40 weeks)
Accommodation or rent
£120–£150
£4,800–£6,000
Travel
£12–£20
£480–£800
Course costs (books etc)
£12–50
£500
Living costs (food, bills)
£70–£80
£2,800–£3,200
Total  
£214.50–£262.50
£8,580–£10,500
as you may need to pay a deposit to letting agencies in the spring/summer terms to ensure that you have somewhere to live next year.

7. Cash flow CREATING A BUDGET
“A budget is telling your money where to go instead of wondering where it went” Dave Ramsey

8. Managing Money Maximising your income
Working part-time (if you are allowed to)
Minimising Expenditure
Keep a spending diary for a week – look for non-essential expenditure
Share course costs
Keep travel costs down
Keep your food cost down
Claim an exemption from NHS charges – fill in a HC1 form
Claim council tax exemption

9. Supermarkets £20 - £35 a week
Yellow label – discounted items after certain time
Loyalty cards – Nectar Card
Student discounts

10. Working in the UK UWE ambassador UWE PAL SU shops
International students - Restrictions on working (check visa)
EU, Swiss, EEA students – Right to work
Help getting a job:
UWE SU Jobshop
UWE Careers Service
You will be asked for:
Proof that you can work in the UK
Your National Insurance Number (
UWE ambassador
UWE PAL
SU shops

11. Working in the UK £8.21 £7.70 £6.15 April 2019 Year 25 and over
Your employment rights
Contract
Payslip (showing deductions)
Minimum Pay
Holiday pay
Weekly and daily rest breaks
Deductions from pay
Tax & National Insurance
Workplace pension scheme (for some) – can opt out
If you earn more than £12,500 in the tax year, you will pay tax
Cash in hand – employers pay you cash so they don’t have to pay tax and NI, it’s illegal
Year
25 and over
21 to 24
18 to 20
April 2019
£8.21
£7.70
£6.15

12. Opening a UK bank account
Why?
Using an overseas card to withdraw money may be expensive
Can set up regular payments i.e. for mobile phone
Wages can only be paid into a UK bank account
Tax refunds can only be paid into a UK bank account
Bank stamens required for visa renewal

13. Types of banks Highstreet Digital / Chalanger banks
Digital / Chalanger banks

14. Opening a UK bank account
What documents will you need?
Passport with valid student visa (including your BRP)
National photo ID card if EU
Original document with proof of student status and proof of address in the UK and in your home country……The UWE bank letter
Complete on-line bank letter request form with your UK address details and which bank you wish to open an account with
It will be ready within 2 working days
Collect the UWE Bank Letter from an Information Point to then take to the bank

15. MONEY CANNOT BE A TABOO

16. Advice & Help How to book seek advice
The Student Money Service website has comprehensive and up-to- date information where you can find answers to most of your finance related enquiries.
How to book seek advice
If your question isn't answered by the website, please complete InfoHub enquiry form.

17. Frenchay campus, SUUWE Bristol
Come and say hello at events!
NEXT
ACCOMODATION FAIR
Tuesday 26th November 2019
12 -3 pm
Frenchay campus, SUUWE Bristol
We attend a variety of events happening during the year across the UWE Bristol campuses.
You can find our stall at events like the Accommodation Fair, Employers' Fairs, Fresher's Fair, National Student Money Week and Feel Good February.

18. For more information check:
Student Money Service Website
Student Money Service – Managing your money website
UWE Additional funding and funds
Financial capability Module
Blackbullion
NHS Exceptional Support Fund

19. QUIZ

20. FEEDBACK
Google UWE Orientational programme and fill the form to help us improve the sessions 

21. Thank you