Spend it, or save it for uni?

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  1. NaturalAndReal's Avatar
    • Respected Member
    • Posts: 214
    Spend it, or save it for uni?
    I'm considering buying myself a DSLR this summer as a little gift to myself.

    I'm going to be working full time to save around £2000 to start university this October. I'll probably spend around £500 of the £2000 and save the rest.

    I've done a pretty in depth budget and worked out that, with the grants and bursaries I'm eligible for, as long as I work full time during the holidays and at least 12 hours a week during term time, I should have a lot more than £500 left over to spend.

    My parents really aren't too keen on the idea, but I never really get to treat myself with something like this...

    Is it a bad idea?


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  2. Aspiringlawstudent's Avatar
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    • Posts: 7,660
    Re: Spend it, or save it for uni?
    Spend it.
  3. o Rebecca o's Avatar
    • Benevolent Member
    • Location: Bath
    Re: Spend it, or save it for uni?
    £500 is 1/4 of your savings. If you look at it that way, it's quite a lot of money to spend.

    I wouldn't even spend £200 if I only had £2,000.

    £500 is too much to spend on one thing.
  4. bellazz's Avatar
    • Banned
    • Posts: 87
    • Warning points: 1000
    Re: Spend it, or save it for uni?
    i am with you in this. one must save money for any emergency needs.my father says that build ur financial system like a pyramid. u must have a strong base to start with. it means before u go for a iphone or something like this, dont forget that u have ur basic needs fulfilled already. for instance, food, house, billing and a reasonable car etc.

    hope it helps!
  5. YB101's Avatar
    • Exalted and Worshipped Member
    • Posts: 1,200
    Re: Spend it, or save it for uni?
    (Original post by NaturalAndReal)
    I'm considering buying myself a DSLR this summer as a little gift to myself.

    I'm going to be working full time to save around £2000 to start university this October. I'll probably spend around £500 of the £2000 and save the rest.

    I've done a pretty in depth budget and worked out that, with the grants and bursaries I'm eligible for, as long as I work full time during the holidays and at least 12 hours a week during term time, I should have a lot more than £500 left over to spend.

    My parents really aren't too keen on the idea, but I never really get to treat myself with something like this...

    Is it a bad idea?


    This was posted from The Student Room's iPhone/iPad App
    What camera are you after? Would you consider a cheaper one ? Because I know of some very good cameras that are not as expensive
  6. NaturalAndReal's Avatar
    • Respected Member
    • Posts: 214
    Re: Spend it, or save it for uni?
    (Original post by YB101)
    What camera are you after? Would you consider a cheaper one ? Because I know of some very good cameras that are not as expensive
    I might do, as long as the quality is good!
  7. YB101's Avatar
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    Re: Spend it, or save it for uni?
    (Original post by NaturalAndReal)
    I might do, as long as the quality is good!
    The LUMIX G Compact systems are pretty good
    I'll update you later on some other compact systems that are cheaper, i can't remember them all
  8. NaturalAndReal's Avatar
    • Respected Member
    • Posts: 214
    Re: Spend it, or save it for uni?
    (Original post by YB101)
    The LUMIX G Compact systems are pretty good
    I'll update you later on some other compact systems that are cheaper, i can't remember them all
    Ah, see, that's the thing- I'm looking for a DSLR, rather than a compact system or a bridge camera.
  9. Oh my Ms. Coffey's Avatar
    • Banned
    • Location: Leicester
    • Warning points: 1000
    Re: Spend it, or save it for uni?
    I'd do it, dont be boring.
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