The best ways to waste your student loan

The loans are in and the wits are out. Time to spend, spend, spend!

loans money spending

It’s that love/hate time of the semester. We’re back at university, exams are looming, but at least now we don’t have to group our pennies together for a night out. We all know that the loan is going to go in no time; so why not enjoy spending it? Here’s some quick tips on how to spend that loan ‘wisely’.

Only the best drink for us

Almost every student’s priority when it comes to a night out.

A trip to the carry out usually involves a detailed chat beforehand about what can be afforded between the group, something high in percentage but low in price.

It never tasted great, you may have gagged in the process of drinking it, and it may have given you the worst hangover in the world.

But when the loan is in, you don’t have to worry about budgeting and basic booze. It’s now time to buy the good stuff!

Can’t guarantee no hangover the next day, but one thing you won’t regret is how much you spent on your pre’s!

Can’t get enough of the good stuff!

Gluttony at its finest

The second thing on a student’s list of priorities. Food is constantly on our minds, from the moment we wake up in the morning, to the midnight runs to McDonalds.

Don’t worry, we don’t have to live off pot noodles and crisps anymore. Even treating yourself to a Maggie May’s doesn’t seem like you’re spending enough of that hard earned cash.

Roam the streets and pick whatever expensive restaurant takes your fancy, even better if they sell alcohol along with the meal.

If that doesn’t appeal to you, you can always go to your favourite take-out and order one of everything on the menu.

There’s always a way to over spend wherever you go!

Ordering one of everything is always a good idea

The Dreaded Cold

The cold is no longer something we need to fear. We fought through the baltic winter and some how we survived living with no heating.

Now it’s time to live like kings.

If you were one of the unlucky ones that have oil heating and you’ve filled up the tank because it seemed like the only reasonable thing to do with all that money, put the heating on 24/7, even when you’re not cold.

It’s a luxury that’s there to be wasted. You wouldn’t want next years residents stealing your oil, would you?

Shoppingggg!!!

Although loan time is the perfect excuse for a girl to go shopping and buy everything she wants, don’t worry boys, this applies to you too.

Now is the time to buy a whole new wardrobe. The weather’s changhing and there’s no excuse for you to still be wearing the same jersey and tracksuit bottoms you were wearing last year.

This is where you can make a huge dent in your loan. If you go to the right place, you could easily spend a fortune on just a few items.

There’s no holding back when it comes to shopping, the motto is ‘If you want it, you buy it’.

These will definitely make a hole in the bank balance

Go Places

This may seem like a broad statement to make. But I mean go everywhere and anywhere. Say yes to everything.

This could be as simple as going on a last minute night out, to booking a flight to the most random place you can think of.

The more places you go, the more money you’ll spend. But believe me, you’ll definitely have fun doing it.

Go to concerts, trips to the beach, the zoo, even book a holiday.

A day in the big city is a sure way to spend some dosh!!

Your loan isn’t going to last forever, and you only have a few years of instalments. Make the most of them and spend them on the stupidest things you can think of!