Thought I would make today's post all about how it is to live on a student budget as well as answer all the questions that pop up like do you need to live on noodles and beans? or is it possible for a student to keep a reasonable budget and still enjoy some luxuries? All those questions will be answered today my friends!
*Please note that this is my personal account of how it is to live on a student budget and different people may have different experiences.*
One of my biggest expenses as a student living on a budget is accommodation. The part of Scotland where I live is quite expensive in terms of accommodation and therefore I currently share a flat with a flatmate - so I it is her flat and I rent a room from her. Sharing a flat is a great way to keep monthly expenditures down and save some money on rent. So each month I deduct the rent cost immediately from my income. Usually will pay for rent and gym at the same time so I don't have to think about it.
In terms of my food budget I do believe planning is everything and knowing what you are going to actually eat during the month and planning your meals just to make the money stretch as far as possible. I purchase my food online either at Sainsbury's or Tesco, oddly I have found that I spend less money at Tesco's than I do at Sainsbury's for almost the same purchase. But I do shop certain items at other shops like Asda where it is cheaper to buy it. My usual food budget per month is between £200 and £250 BUT that is including any meals I eat out. So, each month I will make an online grocery order, prefer shopping online as it gives me a better overview of the offers that are available and most grocery shops will give some extra discounts online. The order I make will usually be around £140 which is approximately £28 per week (usually shop for 5 weeks). This way I am able to avoid spending as much money from the remaining part of my food budget and I have a better overview over my food spending. So with this budget I am able to buy lots of fresh produce like vegetables and good quality meat. With regard to vegetables I always try and buy organic but that's just a personal choice of mine. So it is not really necessary to just live on beans and noodles you can enjoy luxuries even on a student budget.
I hope you enjoyed reading this post and if you would like to see more posts like this in the future drop a comment below.