I found managing my money easy, I believe the key is to not spend it all on going out. I found it key to budget for a weekly food shop, travel expenses (which are low if you use the university bus service but it can be costly travelling home), and budget to have some extra money for the week for supplies you may need or if an unexpected circumstance arises. I know several people who didn't budget their money and blew their budget on nights out then suffered when they couldn't afford to do their weekly shops etc. It's easy to blow your money from your student loan, just because you have money, but make sure you leave a sizeable chunk aside for textbooks. They are all available from the library but it's better to have your own copy, and some textbooks can be costly.