The impossible task of Newcastle on a student budget: surviving your financial crisis

Look it is time for a reality check. You spent way too much during freshers (it is okay we all did). That two grand drop was just too exciting to resist wasn’t it? But it’s okay cos I am here to get you back on track, while still having time for the fun bits of […]

Editorial Team
21st October 2026
Image credit: Jakub Żerdizicki, Unsplash
Look it is time for a reality check. You spent way too much during freshers (it is okay we all did). That two grand drop was just too exciting to resist wasn’t it? But it’s okay cos I am here to get you back on track, while still having time for the fun bits of course. 

The Allowance 

Now yes, we all know your student loan must go towards the boring stuff: bills, rent, the food shop and maybe a little emergency buffer. I know that all of this has been on your mind, but this is a good sign, you are clearly already becoming financially responsible. Now all you need to do is set yourself an allowance for your wants whether that’s: drinks, food, clothes, activities or whatever. It is up to you! 

Blowing It All in One Night 

One thing you don’t want to do is not having a night out budget. I would suggest go heavy on the pres, buy the cheap vodka and maybe a cheeky trip to campus spoons instead of blowing your entire loan on a double vodka RedBull in Digital. 

Fun Without the Funds 

There is always so much to do around campus without having the put your hand in your pocket once

There is always so much to do around campus without having the put your hand in your pocket once. From freebie fairs, student discounts, events and even socials which won’t cost you a penny. Maybe something to explore when your'e bored in bed instead of getting another Uber Eats. 

Time to be Realistic 

A rule for freshers, you do not need to feel like you shouldn’t be spending anything, have fun and make memories, just make sure you know where your money is going.

by Holly Weaver

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