So how can any student survive on less cash, without going hungry or eating the same food all the time? Here’s how:
Work out how much money you do have
this could include your loans, your salary from any job you do, and money from your parents. Once you’ve worked this out, you then need to go through how much money you’ll need for bills and food.
Try to leave aside money for alcohol, new clothes, take outs and anything else that isn’t a necessity right now.
If you live in rented accommodation, rather than on the university premises, you’ll need to make sure you have enough money to pay the rent, gas, electricity, water, insurance and other household bills. A great tip is to pay the rent as soon as your student loan or grant comes through. This way, you know that you’ve paid it, and you won’t risk spending it on anything else.
Work out how much money you have left
It may not be very much, but that doesn’t mean you’re going to starve or go without. You may want to save up for that fancy new gadget after reading a fenix tk16 review, or you may want that weekend away somewhere, but be prepared to make sacrifices if needs be.
The money that you have left, should ideally go on the food you’ll need to eat while you’re studying. You may be used to eating certain brands of food, but here’s where you’re going to have to lower your expectations and your expenditure. Buy value brands, as they are often cheaper, but exactly the same as some higher priced brands. Look out for bargains in the supermarket, but make sure they are still value for money. You can cook a healthy meal for very little money, as you will see when you visit the local market each week.
Although becoming a student and having less cash can be a culture shock, you can and will get through it. Treat this time as a means of testing how well you can cope, and try to save as much money as you can, while ensuring you have 3 meals a day, pay your rent, and study hard