{"id":149,"date":"2021-10-02T11:16:03","date_gmt":"2021-10-02T10:16:03","guid":{"rendered":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/?p=149"},"modified":"2022-11-04T19:58:18","modified_gmt":"2022-11-04T19:58:18","slug":"housing-student-halls-national-student-money-week-testimonial-2","status":"publish","type":"post","link":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/2021\/10\/02\/housing-student-halls-national-student-money-week-testimonial-2\/","title":{"rendered":"\u2018Housing & Student Halls\u2019 \u2013 National Student Money Week Testimonial"},"content":{"rendered":"\n
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Photo by Tierra Mallorca<\/a> on Unsplash<\/a><\/figcaption><\/figure>\n\n\n\n

I\u2019ve been a money mentor for three years and have become the money guru for my friends, but you can\u2019t avoid dealing with the unexpected. Even the most careful plans can be turned on their heads and have you thinking on your feet. Being in control of your money gives you the freedom to adapt to changes and stops the panic from taking over. <\/p>\n\n\n\n

I was choosing my placements for my final two years and decided I wanted to be placed out of London. As you will know, London rent is expensive <\/em>and being placed out of London means accommodation is provided. I thought I\u2019d be saving thousands over those two years and I could save my student loan for a holiday, future rent, or a new car. Then, I got my placements. October to May that year was all in London. It was a disappointment, but I knew I could afford it and I felt comfortable with living in London, amongst my friends.  <\/p>\n\n\n\n

The time came to apply to halls<\/a>, and I decided it was a good back-up as I had lived there before and knew the process was simple and that King\u2019s was a good landlord in terms of repairs and residential support. This year the process was different, and I struggled to get a room at one of the residences I wanted. The only ones available were out of my price range and I started to panic a little bit. Without a hall\u2019s reservation in place, I felt worried I would be struggling to find a place. I investigated all the usual renting sites as well as Air BnB and considered posting on the social media groups for my course or asking friends about spare rooms. I was working out all the various combinations and permutations of how to make my money stretch furthest. Could I rent a room temporarily until the Christmas break and then rent a different place January until May? Or would I have to rent somewhere for 12 months?  <\/p>\n\n\n\n

It was late in September and I was running out of time but thankfully I was offered a place back in halls until the end of the academic year. Due to the pandemic, I haven\u2019t had to pay for the Christmas break this year either, so it all worked out better than expected. After May I\u2019ll be in hospital accommodation, famously shabby but no rent helps make that feel more shabby chic. <\/p>\n\n\n\n

Most people are students for at least three years which is a long time, providing many chances for the unexpected to happen. They say to mend the roof while it\u2019s not raining and so I would encourage any student to make an effort to save any spare student loan for an emergency fund. We all need that pot of money at some point, may it be in the final years of your degree or post-graduation. Do your future self a favour and save, save, save. <\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

Bethany Ward
King’s Student Money Mentor<\/strong>
Part of Money & Housing Advice<\/strong>
Studying Medicine MBBS (UG)<\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

Need to speak to a specialist Money Adviser?<\/em> Call the Student Advice Line<\/a>.<\/p>\n\n\n\n

For more information on private sector housing, take a look at the following video workshops:\u00a0Beginning your search<\/a>,\u00a0Viewing a Property<\/a>,\u00a0Signing a Contract 2020<\/a>,\u00a0Moving In!<\/a><\/em><\/p>\n\n\n\n

The King\u2019s Student Money Mentors blog shares our students\u2019 personal experiences and thoughts on money-related topics. Any reference, opinions or recommendations on a particular company\/brand are only the views of the student(s) who wrote the blog post. King’s College London, the Money & Housing Advice service and the Money Mentor project do not share the views in the blogs nor endorse any of the companies mentioned.<\/em> Readers should conduct their own research before using any companies mentioned in our blog posts.<\/em>\u00a0<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019ve been a money mentor for three years and have become the money guru for my friends, but you can\u2019t avoid dealing with the unexpected. Even the most careful plans can be turned on their heads and have you thinking on your feet. Being in control of your money gives you the freedom to adapt to changes … <\/p>\n

Continue reading “\u2018Housing & Student Halls\u2019 \u2013 National Student Money Week Testimonial”<\/span><\/a><\/p>\n","protected":false},"author":967,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7,2,3],"class_list":["post-149","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-housing-emergencies","tag-money-mentor","tag-national-student-money-week","entry"],"_links":{"self":[{"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/posts\/149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/users\/967"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/comments?post=149"}],"version-history":[{"count":5,"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/posts\/149\/revisions"}],"predecessor-version":[{"id":533,"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/posts\/149\/revisions\/533"}],"wp:attachment":[{"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/media?parent=149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/categories?post=149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.kcl.ac.uk\/moneymentors\/wp-json\/wp\/v2\/tags?post=149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}