u/Feisty-Meeting5694

Financial Advice for a final year student going into masters

Hi, I'm currently a final year student who is looking to start getting to grips with my finances. I currently have no ISAs or other saving accounts other than a flexible saver which has about 17K in it. I work part time and largely rely on student finance to help with my expenses as I live in student accommodation in London and have been for the past 4 years.

I'm starting my masters later this year and will need to have access to at least 10K of my savings to pay for tuition, accommodation and other expenses. But I feel like I should be doing something with the rest of the money that I have saved.

I'm not really sure how banking works and I've tried looking into a bunch of different banks (moneybox, Natwest, Trading 212 etc.) But I have no idea what the best one is for someone in my situation and I don't understand the terminology even after I've read up on it.

I also will need to have access to all of my finances after masters so that I can move to a flat or house share by myself which likely won't be student accommodation and therefore it will probably be more expensive than what I'm paying now :/ So whatever savings account I put my money into should ideally only last for 1 year so that I can access everything again after July next year.

If anyone has any knowledge that could help explain how this all works to me or reccommendations/advice I'd really appreciate it!

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u/Feisty-Meeting5694 — 5 days ago