(Original post by Blobfish13)
Hey, I was wondering if anyone who has been at uni already could give me a rough idea of how much they would spend on food a month? Also how much you would spend on going out a month if you can remember or budgeted yourself? I'm just trying to work out how much money I'll need to save, thanks 😊😊
My budgets varied across my First Year and Second Year; the follow is my personal experience with budgeting.
Luckily in First Year, Student Finance allowed me to have around £80 a week to live off - when I first started I was shopping for myself and was looking at around £20 - £25 a week on food shops unless I was doing a full restock then I was looking at nearer £30. However, half way through First Year I ended up doing a group shop with my flat mates and my weekly shop went down to around £10 a week which was decent.
During First Year, I went out every week at least once. I spent at least £20, if not a little more and going out with drinks and entry and other prices added in. I drove to visit home a lot as well so looking at adding £20 of petrol for a couple of weeks and then whatever was left over allowed me to treat myself now and again.
In Second Year, my accommodation price went up because I moved into a Student House that was a little more expensive than halls - this meant that Student Finance allowed me around £30 a week to live in (BIG CHANGE!). I was still doing group shops so again, I was only looking at around £10 a week on shopping, sometimes £15 depending on a restock kind of thing. I struggled a little more with money because I used my car often and still wanted to go out now and again but I made it work.
Going into my Third Year - it's half and half. Up until Christmas I'll have little money but then after Christmas I get a decent amount of money to live off as I've moved into a different Student House that is cheaper.
What I'd say is, always plan out your finances. Know how much money is coming in and how much is going out and always try to stick to your budget. Plan ahead and keep reviewing to make sure your on track. Finance stress isn't worth it - I can tell you that!
PS: A little thing that helped me discover how much I'd spend a week on shopping was just before I start university, I did a 'practice shop' on my own and planned out my meals and figured out how much it would cost me!
Hope this helps!