Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    3
    ReputationRep:
    Hello guys!
    Long story here- basically I graduated from my Ancient History undergraduate last year, but decided not to do a postgraduate course straight away because of (the usual) money worries. I postponed the course, and have spent the time saving up and working back home, with the place for the masters still reserved for the end of this year. It's an Mres in Byzantine studies at Birmingham University, where I have met all of the tutors and get on well with. I have the course fees paid for, but need to know how much I will need roughly to cover living costs. I will have £6000 by September, but this seems like it would be only just enough to live off. (Am also applying for funding and probably will get a part time job, but these are not definite sources of income..)
    Has anyone out there done a masters living on the cheap, who could inform me as to the practicality of my plan?
    I'm basically looking for information on how much I need to budget for my living costs.
    I would be extremely grateful for any advice.
    Offline

    1
    ReputationRep:
    Depends where you'll be living and how used to budgeting/having no money/ working part time you are

    I went into a Masters with £200 in my bank account (got funding for course fees), but with a part time job. So far things are tight but I'm managing by earning up to £400 a month. Some people may say that's crazy and not enough

    £6000 would do me for the year quite comfortably, but it really depends on you. Are you willing to stick to tight budgets, live in areas that are not as nice and a bit further away from uni? I stay a 30min walk from lectures (but only 20 from our library) in an area that isn't great but the cheap rent is definitely worth it.

    Lots of people on my course are quite skint so all socialising with the course is done on the cheap for which I am very grateful as it means I can go out and join without having to make excuses
    • Thread Starter
    Offline

    3
    ReputationRep:
    Thanks for the reply- lots of interesting advice there. I am certainly capable of 'roughing it', and would budget extremely carefully. No more impulse buys! I will definitely also make getting a part time job a priority- it should be fairly easy to achieve in a big city like Birmingham though. I think the point about compromising on housing, i.e. taking a room a bit further away from the uni is something to think about, and I might have to invest in a bicycle. The next few days I'll start cracking on with funding applications etc, which could be a total and utter lifesaver. Also, I hadn't thought about the (obvious now I think about it) fact that everyone else will also be incredibly skint, which is good to know. Anyway, it's reassuring to hear from a real person who is going ahead and doing it, without money from parents etc. Loads of people I've talked to have quoted crazily high amounts for their living costs, which was starting to get me a bit worried. Oh yes, also- Good luck for the rest of the year with everything! :cool:
    • Thread Starter
    Offline

    3
    ReputationRep:
    Hm, yes. I have a lot of things to think about, and definitely need to draw up a budget. The MA loan system is definitely worth keeping an eye on too, and would allow me to collate savings for whatever happens after graduation. I have also had a browse at the jobs available in Birmingham, and there seem to be plenty of weekend jobs which would be handy for making extra money. Thanks for the advice, and tips!
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Has a teacher ever helped you cheat?
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Write a reply...
    Reply
    Hide
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.