Studies have found that over a third of students have spent their ENTIRE maintenance loan by week five of a typical 16-week term, and are relying on other borrowing to survive, with 36% per cent relaying on the use of overdrafts and credit cards. Whilst interest free overdrafts are the best option when there’s no money, they should not be the end goal!

An interest free overdraft is still DEBT!

Don’t get fooled by the idea that you’re only paying what you owe, you still owe money. A debt is still a debt and that puts you in a position where if you’re not able to pay back swiftly you might need more money, and then more, and this endless cycle will end with more debt than you ever thought was possible. But it doesn’t have to be this way, all you need is the tools to achieve financial wellbeing.

It’s not about how much money you get, it’s about how much you keep.

This is where we come in, our Financial Wellbeing Essentials course provides video-based financial education that shows you different ways to think about money, and manage it! FWE will help guide you through your financial journey and show you how YOU can make your money work for you without getting into debt!