Roughly how much do students spend a month

Lexi321

I'm pretty sure the op mentions the daughter is staying at home, thus no rent, and also other benefits of staying at home. Oh another thing I do to save money is live right near the library and try not to buy too many books, though some screwed up way I have 74 pounds in library fines

BillyBobThorntz0r

God, a hell of a lot of you must have well off parents!

I get a tiny tiny maintenance of about £280, and I get £50 a month from my dad to cover my bus ticket.

I'm living at home, but I hardly ever go out anymore, and don't buy much at all...

I get by just fine. I think anyone who is spending over £100 in a month on going out is either, going to the wrong places, or are just throwing money away.


EDIT: if the OP's daughter is indeed staying at home.. I wouldn't give her any more than £400 a term.

aberstudent

I second BillyBobThorntz0r - some parents must just have oodles of money! I get a smallish loan and have received a small sum from my parents on a monthly basis to cover travel and books etc - extras.

Am also concerned by the number of suggestions that condone controlling the £1000 for her. I think this is a whole lot of money for one girl, but for a parent to control that for her, ie, organise rent with landlords, organise bills, organise travel etc is just as bad - she'll be getting no financial benefit at all from just an extension of childhood finance!

Oldernotwiser

djhworld wrote:

Like I've said above, my parents subsidise what they would pay for me if I were living at home, i.e. Food/essentials.

Surely if you were living at home you'd be working and paying for your keep rather than being subsidised by your parents?

emma_b_4

i get the bursary 485 ish a month and my OH earns around 900 pm we the pay mortgage bills etc from that. 2 of us live off the 485 .. as in food, petrol, clothes, nights out, etc.

id have been chuffed to get any money off my parents for uni; they could have never afforded to give me anything hence why i worked for 5 years first, got a house etc and by 'eck learnt the value of money!!

many of my friends who went to uni when they were younger were supported by parents and spent all that on beer money and then worked "to pay the bills" (ie rent) as they saw the money as good old fashioned pocket money' to be spent however they chose (beer)
if your daughter is living in halls why not offer to pay for her accomodation that will be a great help to her, and she can work to earn the rest.

emma_b_4

sorry to answer your Q - 50 ish / 2 = 250 per month excluding rent. spent mainly on food and wine and petrol!!

redrabbit29

In Uni, I worked 20 hours a week throughout the 3 years. I lived 200 miles from home and lived away even during the summer (when I worked full time) and during christmas (when I worked full time). I only ever visited during easter, and once in the summer for about 3 days.

I lived solely on the money I earned from working, from the student loan, and from my interest-free overdraft.

I had no credit cards, and no loans. Plus my mum/dad didn't contributed anything financially to my studies.

jenna.nostyle

When I was studying for my BA my parents gave me no money, because they couldn't afford to. Instead I used my student loan wisely and worked temp jobs every holiday. I could have worked during term too but didn't feel the need to.

I used to work the whole summer and save enough rent for the whole year and then spent my loan on bills/food/books/other essentials/socialising. I never took a loan from the bank or had a credit card.

A friend of mine however had his parents deliver his food shopping and clean clothes every week, got his parents to pay his share of the bills (because he never had any cash) and was constantly impoverished despite his poor (read foolish) Mum and Dad always giving him money on top of his loan and generous monthly allowance. They frequently paid off hundred of pounds when he was overdrawn (about once a month) and he had an envelope with £50 in marked ‘for emergencies’ that he would spend in the bar knowing his Mum and Dad would replace it.

liney

£1000 per month over 12 weeks (thats term?) is £83.33 per week, so in real terms, rent. The OP has not actually indicated whether his daughter will live away from home, just that she is living with her mother in her custody as her parents are not together.

Personally if you are going to give her money i would pay a bill directly, and i would say she needs to get a job too; but encouraging her to take on as much debt as possible if you can afford to help her is not something i, as a parent would do.

techno_geek

I get the full loan, grant and bursary from my uni - I budget £300 each month for everything: phone bill, going out, clothes... everything. Once it's gone, it's gone, and I could dip into my savings if I really needed to (not happened so far). My parents can't afford to help me financially.

This generally leaves me with my accommodation to pay, which comes out of my student overdraft and I pay this off by working 2 afternoons & evenings a week and from the £500-1200 (depends) I have left over from my loan and bursary at the end of each term... I live a simple, comfortable existence! Why anyone needs more than £1000 a term is beyond me!

P.S. My 150th post! Yay!!