Graduation Summer

bobbymeeks · 30 April 2012 at 4:00PM

I finish my university course in just under 2 weeks. I already have a graduate job lined up and will be earning a comfortable amount. My problem is that after 5 years of study I do not want to spend my last summer of 'freedom' working again in a bar, to then go and start my career. I have exhausted the overdraft that the bank have offered me and have available c.a. £650. I will be starting my new job in October 2012 and wish to travel up until that point. I spoke to my bank, Natwest, today about the graduate loan that they offer, to be told that it is no longer offered to new graduates anymore. This has left me in the pickle of having to go and find my own personal loan/finance options. My question to the MSE community is, what are my best options for securing some money to go do something in the summer?

Thank you in advance

The_One_Who · 30 April 2012 at 4:15PM

Best option? Get a job, even if it's not what you want to do.

It is possible to travel without spending much money, but you do need to be able to get yourself out, back and have enough for an emergency and essentials fund. I travelled in France last summer and spent no more than £350, and £100 of that was getting back because I had to come back earlier than planned and so had to pay the premium for that.

bobbymeeks · 30 April 2012 at 5:05PM

I am trying to avoid going back to my old job as much as possible, and the prospects for a different kind of work are pretty limited.

Lokolo · 30 April 2012 at 5:10PM

You have £650.

You have 5 months.

Work for 2 and you should have plenty to go 3 months worth of travelling.

bobbymeeks · 30 April 2012 at 5:22PM

I am busy up until July so will be unable to work the rest of May and throughout most of June

The_One_Who · 30 April 2012 at 5:28PM

You are too busy to work one shift a week? Money doesn't just fall into your lap, you need to do something for it. The idea of a loan just so you have something to do really doesn't sit right with me.

bobbymeeks · 30 April 2012 at 5:30PM

Not to busy to work one shift a week, that wouldn't help me save up enough to traveling though, for that I'd need to go full time, and since I've been struggling to find work whilst I study I don't see myself managing to get a full time job just for 2 months and being able to carry out my prior arrangements.

The_One_Who · 30 April 2012 at 5:32PM

So what money are you going to live on, since you seem to be resistant to the idea of your previous job?

bobbymeeks · 30 April 2012 at 5:34PM

I am resistant to my previous job as it involves me moving back home, and I am busy with things for the University and other things in my university city. That makes moving back home straight away a bit difficult.

SuperHan · 30 April 2012 at 6:11PM

Why are Natwest only giving you a £650 overdraft? Can you extend this? My available interest free overdraft is currently at £1650, and extendable to £1800 if I should so desire.

EDIT: I see now you have 650 available, not overdraft limit. My bad!

Graduation Summer

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