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Budget as a student

hi,

I am a third year student at university. I recently gave up my p/t job as I was being put under so much pressure to work more and more hours it was beyond me.

I am trying to work out a reasonable budget for myself - I suggested £20 a week including food and general stuff such as travel in the city (I walk to uni) but not including my mobile (£20/ month on a contract) or stuff for my hobbies (sewing so fabric but this is only occassional). I also pay out for a sewing lessons which are £15 a week.

I have no bills and my rent is £235/month.

I cant think of anything else ...

Jen

Comments

  • top_drawer wrote: »
    hi,

    I am a third year student at university. I recently gave up my p/t job as I was being put under so much pressure to work more and more hours it was beyond me.

    I am trying to work out a reasonable budget for myself - I suggested £20 a week including food and general stuff such as travel in the city (I walk to uni) but not including my mobile (£20/ month on a contract) or stuff for my hobbies (sewing so fabric but this is only occassional). I also pay out for a sewing lessons which are £15 a week.

    I have no bills and my rent is £235/month.

    I cant think of anything else ...

    Jen

    I'd forget the sewing lessons until you're working. That's a large sum of money out of a small budget and you've only 6 months to go. Coping financially whilst getting your degree is more important.
  • Does the £20 a week include going out? £20 really is not a huge amount but if you live close to uni I guess its easier. Perhaps if you could have a spare pot to dip into? Money is like dieting its great at the start but after a while you feel starved so binge. Binging is something that needs to be avoided so its best to allow a little extra and if you dont spend it you can save it for something nice?
    Debt free and plan on staying that way!!!!
  • mmm ... no it wouldnt and I am thinking of joining a social group ...

    I am trying to keep my o/d down as much as possible as my student loan went in to my a/c and cleared it bar the £216.00.

    The sewing lessons are pretty much my only luxury, I have had serious mental health problems this past two years and this is all part of my recovery.

    Jen
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