What exactly are people budgeting for uni? I've got a budget, but it might change when I get there I realize the price of things, so I want to iknow what figures other people have
Are you staying in halls?
Where is your uni also?
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- Thread Starter
- 17-08-2013 11:51
- 17-08-2013 12:22
I'm going to be studying at Sheffield, and will be living in self-catered accommodation in halls. Excluding the accommodation and tuition fees, I'll probably be spending about £60 per week.
- 17-08-2013 13:57
Work out all the income you'll get from each term (loan, grant, salary (if applicable), help from home, etc). Work out all your expenditures (food, phone bill, insurance, transport, etc) and then divide through by as many weeks as there are in the term. Remember to include the weeks off on Christmas and Easter holiday as you'll want some money to have to spend at home.
Food bills are typically in the region of £20-£30 a week, maybe more if you eat a lot of meat or speciality foods. Try to cook your own stuff if you can.
Money for going out depends on what you can afford. Some weeks it might be nothing, others it may be £20-£40 if you're having a major night out.
Expect to spend a lot more in freshers week than you will in any other week. You will need to buy utensils and ingredients which will last you the entire year, but also for societies if you need to pay fees to join (for insurance and transport reasons). That one week alone may be as much as 2-3 times as expensive as other weeks depending on what you need to buy.
Your budget really depends on you though. Make sure you have enough money, not just rely on what other people are doing. If you have more to spend, that's great (try to save it for the summer holiday though! Some bills, such as your phone, are all-year-long). If you have less, scrimp more.
- 17-08-2013 14:18
Freshers: £100 per week (though it could be less since I don't drink)
After freshers: £50 per week (£25-30 on food, £10-15 on socialising, £5 on misc stuff like toiletries/a drink etc.) Any money left over I'll save in a pot, bank it at the end of the month and use it to treat myself
Staying in halls, University of Warwick