Tips & Tricks on Managing Your Finances as a University Student in Singapore - The Independent Singapore News

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The most important value is to still spend within your means, and ensure that you spend on your needs and not your wants.

Depends on whether you stay on-campus, or have to travel to school from home everydayBased on an average budget of $10-15 per day for meals at food courts/ hawker centresDepends on individual lifestyle and spending habits

As you can see, monthly expenses would vary wildly and are dependent on numerous factors. For the most cost-conscious student living on a shoestring budget, one could expect to spend a minimum of around $250 a month. Certain hostels also include meal plans as part of their staying requirements. Even though the hostel food at times might not be pleasant, it certainly helps to reduce how much one would spend on food! If you do not stay on-campus, having your dinner at home with home-cooked food will also help reduce your food expenses.

For personal entertainment, if you are content with winding down with Netflix at the end of the day, your wallet will be more than grateful. However, if you are all about hitting the clubs and enjoying the nightlife, you might need to expand your entertainment budget.As a student, you are entitled to many benefits. The first thing that comes to mind might perhaps be student meal discounts.

If you are keen to have the occasional big-screen experience at cinemas, you will be delighted to know that most cinemas offer a $7 student price from Monday to Friday, before 6pm. Yes, this includes tertiary students as well! However, the caveat is that you are required to purchase your ticket at the box office counter itself.Even though tertiary education is highly subsidised in Singapore, it is still a large amount for most Singaporean students.

 

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