do you think its a bit tight?

Dinah93

I'd be staggered if your savings are not £3-£4k lighter by gradutation if neither of you bring in any more money. Very few full time masters are really 'full' time, could you get a job that gives you experience in your required field? More likely to get a job at the end, win win.

Smashing

As others have previously said, doing your masters over 2 years and getting a part time job would be the best solution. Another year of full time study is a luxury you can ill afford.

lkmc01

my savings will already be £3900 lighter as this is my tutition fees for my masters in international resources and climate care

PasturesNew

If your partner is childminding your 3 year old when they're not at work, that frees up all that time for you to work ... e.g. evenings/weekends.

You wouldn't need much of a part-time job to make a difference. Just, say, a Saturday job would turn things round significantly.

You're supposed to be bright ... (doing an MA), think outside the box.

lkmc01

Don't forget I will be studying full time. For my undergraduate most weeks I have been studying 60 hours a week

Hippygirl

Someone I know did her MA in a year, with 2 small children. She used to tutor GCSE students - I think she charged £20 an hour.

Whats your subject?

Jowo_2

lkmc01 wrote: »

I may have to use some of my savings, but I was hoping that my 20 grand house deposit would not have to be touched. the 20 grand is my student loan from my undergraduate I have not used

The 2ok aren't savings, though they may feel like it but are LOANS.

You are free to use them towards a future mortgage (anything you like, in fact), but the DEBTs you have from these LOANS will be taken into account when you apply for the mortgage.

It's clear that you have ample money available to invest in your studies which originate from the sources of finance that are set up for the purposes of studying! Therefore, you won't struggle at all over the coming year even if your loaned money decreases. Use your nest egg.

Fire_Fox

lkmc01 wrote: »

I may have to use some of my savings, but I was hoping that my 20 grand house deposit would not have to be touched. the 20 grand is my student loan from my undergraduate I have not used

Don't forget I will be studying full time. For my undergraduate most weeks I have been studying 60 hours a week

my savings will already be £3900 lighter as this is my tutition fees for my masters in international resources and climate care

Then forget the masters. You can't have it all and a cherry on top, you have had government support and a place in halls through your undergraduate years, you chose to have a child, now you want a house AND a masters AND a car AND a family but don't want to work or spend the loan the taxpayer gave you specifically to fund your education?

Catblue

lkmc01 wrote: »

Don't forget I will be studying full time. For my undergraduate most weeks I have been studying 60 hours a week

60 hours per week as an undergraduate? Which degree subject was this?

It is clear that something has got to give here:

- You admit that you cannot live on your joint income
- You don't want to touch your student loan
- Neither you nor your partner have any intention at all of increasing your income

Sounds bonkers to me.

lkmc01

I think we can live find on my original predictions.
I studied environmental science. did 5 hours of lectures / practicals each day and spent the rest of day working and a couple of nights a week too. still only got a 2:2