So much money...

[Ice]

So my student loan for the year finally came, normally it comes in gradual payments but I got it all at once due to some mix up. Now, I have £560 to spend on what I want.

Last year I bought a PS3 and some games, but I can't really think of what to buy right now, since I plan on spending most of my gaming time on EB.

Any ideas?

Call me crazy, but wouldn't it be wise to use the excess the money that you do not need for school to pay back some of your loans? After all you are getting money for an education, not a PS3.

[naut]

Call me crazy, but wouldn't it be wise to use the excess the money that you do not need for school to pay back some of your loans? After all you are getting money for an education, not a PS3.

AFAIK UK student loans work differently, you only pay them back if you earn a certain % over the average UK wage. I could be wrong though...

[Rhyfelwyr]

Call me crazy, but wouldn't it be wise to use the excess the money that you do not need for school to pay back some of your loans? After all you are getting money for an education, not a PS3.

Don't tell me how to run my life! *runs to room and slams door*

[Vuk]

I agree with Ice, that money is NOT yours. It has been LENT to you for a specific purpose, and using it outside that purpose is not only putting a burden on your future self or your parents, but it is spending someone else's money without their permission and against their wishes. Call that whatever you will. (I am the recipient of loan money myself, so I know the temptation :P) Do yourself a favor and save it to pay the loans back later. When you are struggling to pay them back later and have to support yourself straight out of school, you will thank yourself for making the decision.

[Ice]

Don't tell me how to run my life! *runs to room and slams door*

Haha

Oh, I forgot to mention, my parents refunded me 700 dollars I overpaid in loans (I had an agreement with them on the amount we would each pay when I was freshman). I used that money to buy a plane ticket to Brussels for a summer Eurotrip. So i guess I can't really get high and mighty on you.