If you are a student, you probably know that it can be difficult to get the money out of the month. There can be many expenses and an SU is often not enough to cover everyone.

If you do not have a student job or rich parents, it can often be necessary to supplement with a loan or prioritize your expenses if the money has to go for fun, trouble and study books.

However, it does not have to be difficult if you manage your finances and your expenses. With a few savings tips, you can get a great deal for your money, and you think " loan money here and now - is it a better solution?"

5 good savings tips for the student

Before you decide that an online loan of money is the right solution, we recommend looking your finances in the seams. There can be many easy ways to cut a lot of your expenses off.

• Housing support and rent

As a student you can apply for housing support. There are a number of requirements that you have to meet, but if you are qualified, it can reduce your rent expenses.

• Insurance, unemployment insurance fund and union

If you are under 21, you can be covered by your parents' insurance. If you are over, it may be beneficial to join a trade union that offers cheap insurance to students. In several places you can get a free box and union with during the actual study period.

• Transportation

If you live in a larger city, you can consider making the bike or public transport to your primary means of transport.

• Purchase and food plan

By making a food plan you can more easily get an overview of your food costs and avoid throwing out food. You also avoid expensive impulse purchases by sticking to your purchase note.

• subscriptions

There is great competition in the market for eg. mobile subscriptions and internet. Compare the prices of the different providers. That way you can choose the cheapest and save a lot of money.

If you need to borrow money at SU  

If you want a larger financial space, there are two possibilities: An SU loan from the public or a loan in the private sector, eg. an online loan.

The advantage of the SU loan is that the price is low and you must first repay the loan when you have finished studying. In return, you can easily borrow a lot, as you can set an amount that is lent over every month. You can therefore risk having a very large debt.

If you choose a regular loan, you can only borrow one small amount for exactly what you are missing, for example. books or a computer. However, the interest rate will be higher and you will have to repay it faster.

It can therefore always pay to examine the possibilities before you take out a loan - whether it is an SMS loan or an SU loan. It may be different what suits your situation.