Advice

Worried about money? Struggling to cover your costs and pay for everything? Dealing with debts that are becoming more and more difficult to manage? If so, get your financial health checked up.

We’re here to help you learn and acquire the skills and knowledge you need to manage your own financial situation effectively.
These skills will be essential for you during your time at university but also throughout the rest of your life, as the management of your money is an essential life skill.

Only you can take control of your money to either get out of a mess or to avoid problems in the future. However this can be a daunting and difficult process, particularly if you need to find out information and take action whilst also concentrating on your studies. Within this section is some information and guidance to help you develop your skills and expand your knowledge.

If you want some extra help why not take advantage of our new Money Makeover Sessions ? Money Makeover means you can speak with an adviser who has developed a session specifically tailored to your needs and goals.

The information here is designed to empower you to stay in control and to take action to address any financial problems during your studies and beyond.

To help you do this we will look at some key aspects of money management:

Making Ends Meet

Planning ahead

Keeping check of finances

Financial products

Keeping your money (and details) safe

As the year goes on we’ll continue to add further details and resources to the site so keep looking regularly but if you do have any questions then please visit us at the HUBs or e-mail us at moneydoctors@shu.ac.uk

Money Make Over Service

Useful Additional Links

Disabled Students – Check the links below:

Money Advice Service – A very useful site that provides you with lots of advice and information.

A very useful online calculator to help students work out if they have claimed all that they are entitled to and to improve budgeting skills is at this web address: www.studentcalculator.org.uk

Similarly, an online calculator especially for international students is available at this link: http://international.studentcalculator.org.uk/

Additional Topics

Student Debt: The different types of debt will be explained along with the help and possible solutions available in dealing with the consequences. http://www.nationaldebtline.co.uk/

Students with Dependants: http://hallamunion.org/advice/info-mature-students/

The link above outlines the additional money available for students who have extra responsibilities.

Money Doctors Volunteers: http://hallamunion.org/volunteering/

This is a student led group, supported and facilitated by Advice Centre staff to work on projects and activities, providing information from a student eye-level, relating to financial issues that are important to students. The Money Doctors Volunteers’ Project enables students to participate in events such as the Venture Matrix Trade Fair in which skills attractive to employers can be gained. Current first year and second year students looking for a volunteering opportunity to engage and show achievement beyond their academic studies should look out for the Advice Centre information stall at the Volunteering Fair in September 2012.