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Maxed out my overdraft already :O watch

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    i wouldnt say underestimating the cost of living is irresponsible. i mean ok spending £300 over 3 days for my 20th was. but i find the word irresponsible to apply more to behavior and lack of consequence. i take it your in a later year at uni? did u have a good freshers?
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    (Original post by r74n)
    i wouldnt say underestimating the cost of living is irresponsible. i mean ok spending £300 over 3 days for my 20th was. but i find the word irresponsible to apply more to behavior and lack of consequence. i take it your in a later year at uni? did u have a good freshers?
    I'm in my first year. I don't drink but I do a lot of extra activities at uni (I run a society and am a member of two dance socs and regularly perform shows, which costs me in costumes and dance class fees).

    I also have a fairly small loan/grant, especially in comparison to others I know, and I do not get a single penny from my parents. I also do not have a job (but I will next year).

    The only reason I have money is because I budget out and don't spend on ridiculous things like a new TV and £300 going out drinking. No wonder you're that far overdrawn. Hopefully in the next few years you'll realise how stupid it is. But I think sadly its just the nature of our society where we are happy to spend money we don't have without consequence.

    And yes, buying a brand new TV, spending ridiculous amounts over a short weekend and spending £1000 you don't even have is the very definition of irresponsible.
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    I had 4 pence left in mine at one point.
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    point noted, i find irresponsible a word used to point out a lack of consideration for consequences. so far i just think it was a few days over my birthday i was actually irresponsible. the rest would b about what is expected
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    Well don't you just plain suck!
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    (Original post by r74n)
    point noted, i find irresponsible a word used to point out a lack of consideration for consequences. so far i just think it was a few days over my birthday i was actually irresponsible. the rest would b about what is expected
    Tbh, at least you had a good birthday! Happy belated b*day lol.. But £300 over 3 days?! On what exactly...
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    (Original post by aaaaaa)
    if your a girl you could work as an escort or dancer? Your overdraft could be paid off in no less than a week if your good and maybe offer extras. I know a lot of girls that have done this through uni and have lived pretty comfortable lifes while at uni
    Which is why I hate women.
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    (Original post by aaaaaa)
    if your a girl you could work as an escort or dancer? Your overdraft could be paid off in no less than a week if your good and maybe offer extras. I know a lot of girls that have done this through uni and have lived pretty comfortable lifes while at uni
    Yeah, they are called whores.
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    tbh u seem far more miffed about my circumstance than me. i enjoyed spending that money. and the tv was a necessity i needed a screen for my pc.

    exactly ...erm a shirt, a lot of tequila, a phone cost £20 , and i bought a 80watt megaphone (we'll not go into that) £40. a fire extinguisher fine too. but meh who dont get them.

    and thats what i remember or was told lol.
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    same situation as u pal
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    Unlucky OP, but hopefully you know now what you need to do to sort out your money worries and prevent it happening again!

    People have got out of much bigger pickles than yours, you need not worry as long as you keep the bank happy. Try keeping in touch regularly telling them your financial situation and see if you can have an extension on your overdraft if you're desperate.

    Try not to spend beyond your means in the future wherever possible though.
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    I'm bloody glad I only took a £200 overdraft.
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    ...
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    PS Helper
    Scottish students get much less as a student loan. If the OP doesn't get help from parents, you can end up with as little as around £500 from SAAS to live off for the year.... If you're an English student in scotland then errrrm... :p:
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    Get a job over the summer and pay it off. That would be the most sensible thing. And set yourself a budget.

    A few of my friends have spent all their loan/bursary/grant/£1000 overdraft already, they also have to pay summer rent, and don't have jobs or rich parents to help them out. In other words they're screwed. And it's because they spend recklessly, like refusing to buy food or alcohol from supermarkets so they only eat and drink out etc. So I have no sympathy for anyone in such a situation. They were shocked when I told them you need to set yourself a budget, and I suggest you do too, and stick to it.
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    TBH most have already said, but work hard over the summer and get yuourself back on track. You will be fine and treat it as a learning curve.
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    Get a job over the summer. My overdraft is almost maxed, but my Internship + loans will give me a handy bank balance at the start of my final year anyway. It's not that big a deal, you're only in trouble if you max it out in your final year.
 
 
 
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