Personal View: One way to reduce the overdraft
Student debt is at the forefront of most students' minds. Every student knows the joy of trying to persuade the bank manager to increase his or her overdraft limit. My housemates and I are no exception.
A few weeks ago I found myself talking to my bank manager. He tried to be sympathetic, but I'm trying to increase my limit for the umpteenth time. Finally, we got round to the inevitable question, “How exactly do you plan to bring your overdraft back down to a manageable limit?” I stuttered a bit, and made a few excuses, but after putting the phone down I thought, “How am I going to pay this back?” I tend to view the overdraft as free money, but living at the limit of your overdraft is beginning to get dull. So how could I make money quickly, and with relatively little effort on my part?