Hey, I’m 18, a student and about to go into my first year of university (bit early perhaps but I like to be proactive lol). I have relatively wealthy parents but don’t want to burden them any longer, and would really appreciate recommendations on how to both enjoy the social life of university, and balancing financial independence desires later on.

My personal financial situation is that I’m debt free, I’m a self-employed tutor that has earned around ~6k already and will continue to do so throughout university. I have around 40k or so in pension pot and my ISA. Coming to the circumstance, I have an arrangement that yields 10,000 a month with the potential for more by way of gifts etc. Should I seek to actively invest it or is there a more tax efficient way of arranging it?

Thanks so much in advance and apologies for the poor formatting (I’m on phone)