University Finances §

This note outlines my university income sources, weekly budget, banking options, and tax responsibilities.

Income §

Tutoring (£10,920/year) §

Tutoring is my primary income source. I aim to tutor for six hours a week. Potential tutoring platforms include:

• Elite Medics: To apply, send a CV to hr@elitemedics.co.uk and prepare for an interview.
• FindTutors
• eTalk
• Red Robin Learning

For CV preparation, refer to the Jobseeker’s CV, Alex’s GitHub, and Mother’s example CV.

Bank Incentives §

See the Bank Incentives note for opportunities.

Delivery Cycling §

Consider delivery cycling for additional income.

Student Ambassadorship §

Being a student ambassador can provide some income.

Investment §

Trading 212 referrals offer a way to earn passive income. Here’s how to refer friends:

1. Open the Trading 212 app
2. Tap ☰, then “Free Shares”
3. Tap “Invite friends” and share your link
4. Both you and your friend get up to £100 in stocks once they:
   • Sign up to Trading 212 Invest using your referral link
   • Verify their identity
   • Fund their account within 10 days
   • All before the deadline (27/09/2023)

Remember, you can refer a maximum of five friends.

Budget §

Here’s my weekly budget:

• Groceries: £30.00
• Social: £10.00
• Transport: £10.00
• Shopping: £10.00
• Rent: £97.00
• Gym (monthly): £17.99
• Phone (monthly): £7.00
• Laundry: £10

Total outgoings: £173.25/week

Note: Aim to tutor for five hours a week to cover expenses.

Bank Accounts §

Student bank accounts with Barclays and Santander are good options for better financial management.

• Barclays: Open a Student Additions Account by 18th December 2023 for a free 12-month subscription to Perlego, which could save up to £653 in the first year of university. Use the UCAS code 2348 6685 6196 4783.

• Santander: Offers a range of student banking options.

Taxes §

If yearly earnings exceed £1000, I’ll need to complete a self-assessment tax return. Research more on this.