Living on a budget in the UK
IT can be hard to plan a budget for your first few weeks in a new country – there will be many one- off expenses, social events, activities and societies to join, and things you'll want to buy for your new home.
Many people will tell you to watch out and avoid “splurging” ( spending too much) at the beginning of term.
The important thing is to be sensible and make savings where you can.
Fortunately, there are many student discount schemes, second- hand stores and even free goodies on campus.
These guidelines will help – plus, if you’re starting your studies in September or October ( the start of the academic year in the UK) – you’ll find many special deals, sales in shops and “freebies” to look out for.
Some general tips to follow
> Weigh up how much money you have versus what you need to buy. Make a list and decide which items you need straight away – and which are not essential.
You can buy these items later in the year if you still need them. The International Student Calculator ( International. studentcalculator. org) is a handy tool to help work out your budget.
> Decide on a weekly limit for overall expenses, especially on spending like entertainment, eating out and takeaway food.
Put money aside for bills you know will be coming up during the term ( rent, electricity, heating, gas, etc.) > Find the best deals. If your college or university has a students’ union building, hang out there and read the noticeboard and flyers.
Students often advertise things they want to sell ( like course textbooks) there.
> Always allow a little bit of a “safety net” in your budget in case things end up costing more than you expected.
> When you’re going out for the day or evening, bring only the amount of cash you want to spend.
> If you can, pay for things in cash.
Studies have shown people are likely to spend less if they pay using cash rather than credit or debit cards ( it’s not nice to see all that money leaving your pockets).
It’s likely you will have a bit of quiet time in between events, when you might be tempted to head straight to the shops and get all those things you need, but first:
Think about what you really need
> Always make a shopping list: it helps you focus instead of buying impulsively.
> Organise group shopping trips: It’s nice to have your own cooking utensils but the fact is, if you buy things with people you live with, you can share the costs and make sure you don’t end up with three toasters and five saucepans but no forks.
> Your school, college or university will have some computer equipment you can use. You may not need your own printer, for example, but if you think you’ll be using one daily then share it with other students and split the costs of ink and paper. You can find basic printers that are not too expensive in some large stores.
> Some people enjoy colourcoding all their lecture notes and take great care with presentation, but fancy stationery can be expensive. Think about what you need to organise your notes effectively ( folders, binders, note paper, etc.) before going shopping. Look out for “pound stores”, where almost everything costs £ 1 ( RM6.65) – these shops are increasingly popular across the UK. Don’t buy brand new things if you can find second- hand or free stuff.
> At the beginning of term, you'll often find people on campus giving out various “freebies” – particularly at the student societies fair, if your institution has one. From pens to notepads and mugs, you can stock up on essentials without spending a penny.
> For larger purchases like a bicycle, kitchenware or furniture, you can save a lot of money by buying from charity shops such as Oxfam or vintage markets. You could even get them for free through “freecycling” websites – find out how on uk. freecycle. org
> Other items you could buy second- hand are folders, pencil cases and books ( plus, you never know, a previous student might have left some funny notes or doodles). Libraries often clear out books to make space for new arrivals, so keep an eye out at the beginning of the year and give an old library book a loving new home.
Visit the British Council’s Education UK exhibition on Oct 10 and 11 at the Kuala Lumpur Convention Centre. For details, visit www. educationuk. org/ malaysia