By Aiyana Lowry
National Student Money Week’s 10th anniversary will take place online with plenty of digital initiatives to help students around the country with their finances from the 1st February to the 26th February 2021.
The National Student Money Week website says it is the UK’s biggest money awareness week for students and their mission is to help everyone learn how to withstand any financial situation life throws at you.
Zenib Din, Student Funding and Financial Support Officer at the University of Hertfordshire said: “Our financial wellbeing directly impacts our mental, physical and emotional wellbeing. Students are at particular risk of financial insecurity. Getting involved in National Student Money Week will improve attitudes and mindsets towards money by developing your financial flexibility and resilience.”
The theme for National Student Money Week this year is expect the unexpected. There will be several online events including free live Financial Planning webinars hosted by Vivi Friedgut, Blackbullion Founder and CEO. There will be a 3-day financial email bootcamp that will cover topics such as emergency funds, insurance and staying out of debt.
All students who complete the 3-day bootcamp will be entered into a prize draw with the chance to win a £250 emergency fund pot and one-to-one sessions with independent financial advisers. There will also be a free E-book with financial planning strategies for a rainy day available.
The Student Funding and Financial Support Officer addressed that students have benefitted immensely from National Student money Week through an improved understanding of money management, staying out of debt and spending in a sustainable way.
She furtherly explained: “This pandemic has caused uncertainty for students. The SFFS team has had its hands full supporting students in this time and ensuring we get information and advice to them in a timely manner.”
James McClatchey, a final year student at the University of Hertfordshire said: “I do believe that the university provides enough financial support and advice for students, particularly most recently with the COVID-19 rent relief fund that the university have created… the university are always finding ways to support students and financial well-being is high up on that list.”
The student added: “I am hoping to attend National Student Money Week. I hope to gain insights into how I can better manage my finances, how to budget and ways I can make my finances go further.”
Ms Din said: “We hope students will take away the importance of facing your finances head on, creating budgets and emergency funds.”
Find out how to get involved at https://www.nationalstudentmoneyweek.com