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Money Mentors: Balancing mental and financial wellbeing throughout the year

Rebecca Lam
Third-year graduate entry Medical student.

07 March 2023

Today we’re focusing on the link between money and mental wellbeing as part of National Student Money Week. Money Mentor Rebecca Lam shares her top tips for self-care on a budget.

When you’re struggling with the daily expenses of studying in London, it can be hard to feel like you can treat yourself. But if we don't look after ourselves, we’re more likely to make impulse purchases which will damage our financial situation in the long term.

Here’s my round up of fun seasonal activities that won’t break the bank:


This is a great time of year to get out-and-about. I like to window shop and there’s no end of unique shops around Shoreditch, Sloane Square or Soho. You might even find a great bargain in the many charity shops. To stay fit, try the Couch to 5k challenge which helps even the most useless of runners (me!) to start running. And if you’re not quite a beginner anymore, find the nearest ParkRun for fun weekly runs (or brisk walks) with others.


Picnicking on Hampstead Heath or Hyde Park is cheap and easy, and a great way to see friends and get a tan. Enjoy the sunset from Alexandra Palace or the Tate Modern and walk the long way home If it’s too hot, hang out in any of the free air-conditioned museums and art galleries all around the city.


You’ve just arrived at university or got back from your summer adventures, so what better time than to get involved in the activities run KCLSU Student Groups. They often have free introductory sessions and lots of freebies to draw you in. You can also try unlimited sports and fitness classes for £30 a year with King’s BeActive!


London has a wealth of Christmas markets and decorations that will brighten up your winter. I go to the one by Hays Galleria: you don’t have to buy anything to soak in the atmosphere. To stay fit I normally do home workouts that I find on YouTube; when you want to stay inside all the time it is good to get some movement in!

Extra resources available

If you'd like to learn more about how to manage your financial and mental wellbeing, check out the following articles:

National Student Money Week Day 2

The Money Mentors and the Money & Housing Advice team will be available across our campuses this week, giving out top tips, support and fun freebies.

Tuesday 7 March, 11.00 – 15.00: Stall at Library Alcove, Waterloo Campus

Chat with the Money Mentors about the link between your money and your mental wellbeing. Collect a free sunflower planting pack to brighten up your day.

National Student Money Week (NSMW) takes place every February and is the UK’s biggest money awareness week for students.