If you intend to purchase a house one day, you need to know about the Lifetime ISA. The Lifetime ISA is a tax-free individual savings account that can, and should only, be used for purchasing a house, withdrawing after retirement (your 60th birthday), or if you are terminally ill with less than 12 months to live. The UK government will add a 25% bonus onto your savings up to £4,000 every tax year.
University is the perfect time to start a business. That might sound strange to some reading this, you might be thinking “I don’t have enough time to do that, I have all this studying to do!”. That may be the case for some. Assuming we are someone who is not at university for a minute, unless you are sitting on a vast amount of savings you are willing to burn through, a lot of new businesses are going to need good time management to juggle the new business and the old income stream. University is not a full-time job, it is flexible. Work-load goes through highs and lows and for about 20 weeks a year, during holidays, it can be zero.
Getting a student job is essential for many as the student loan can sometimes barely cover rent. This post will give you ideas of where you can get a job while being a student.
Choosing student accommodation is an exciting time and living with a group of good friends is great fun, however, to avoid a year of house woes there are some things you want to take note of before prior to signing.