Money tips for graduates | NatWest



Money tips for graduates

Paying off student debts

This does not refer to your student loan, this will be paid off in time through deductions from your future salary. What you should be doing is prioritising paying off your final student bills before you leave university or college as unpaid bills could hurt your credit rating.

If you racked up debt on your credit card while at university, you should allocate some of your income to start reducing high-interest debts from student credit cards and bank loans. Make at least the minimum repayment and ensure you don’t miss any other instalments. If you do, it could hurt your credit rating and your ability to borrow in the future for a home or car.

Set up a budget plan

Living to a budget doesn't have to mean scrimping and saving. It just means that you are responsibly allocating your funds so that you know how much money you'll have to spend and save each money. Use the NatWest Budget Calculator to help you plan. You'll need to work out how much you spend on

  • household bills
  • living costs
  • financial products (insurance…)
  • family and friends (presents…)
  • travel (car costs, public transport…)
  • leisure (holidays, sport, restaurants…)


Book a financial health check

Taking a step back and looking at your finances could really help you to feel in control and stay on top of your spending. A free Financial Health Check with one of our Senior Personal Bankers is a great way to do that.

Tools to help you budget following graduation

Manage your money with our budgeting, saving, debt and overdraft calculator tools. See what you're spending on and how you could make your money go further.

All you need for everyday banking after University

Graduate Accounts are available to permanent UK residents only, who have held a Student account with us or who have graduated from a full-time course of higher education (lasting two years or more) within the last 3 years, this includes completed training as a nurse.

Add your signposting title here… See how we can help

Taking a step back and looking at your finances could really help you to feel in control and stay on top of your spending. A free Financial Health Check with one of our Senior Personal Bankers is a great way to do that. They can go through your day-to-day spending and help you with ideas on how you can make your money work harder.

Book a Financial Health Check

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