Break down my spendings as a 20 year old student!

6/23 Edited to

... Read moreManaging your finances as a student can be challenging, and sharing your weekly spending habits like this is a great step towards financial awareness. From my experience, meal prepping is one of the smartest ways to save money and eat healthier. You mentioned spending about $30 weekly on ingredients like chicken, avocado, eggs, salmon, and vegetables, which sounds reasonable for nutritious meals. I’ve found that planning meals ahead and buying in bulk when possible helps to reduce costs further. For example, buying potatoes and seasonal vegetables in larger quantities cuts down expenses. Also, switching from expensive Pilates classes to more affordable gym workouts can significantly reduce monthly costs—as you noticed with the $45 per Pilates class becoming a strain. Utilizing free or subsidized credits like ActiveSG is a smart move that I encourage all students to explore. Transport expenses around $10-$12 per week are quite economical, especially when using public transport regularly. I personally limit use of ride-hailing services to keep costs low, which aligns with your approach. On eating out, spending $25-$35 occasionally with friends on cafes is normal student behavior—it’s important to treat yourself but keeping it occasional can help the budget stay on track. One fun yet expensive pitfall is online shopping, especially on sites like 拼多多 (Pinduoduo), which can cause unplanned spending. It’s crucial to set personal limits and perhaps allocate a small budget for retail therapy to avoid overspending. Overall, your total damage of about $45 weekly when not going out socially shows you’re focusing spending on essentials and some personal enjoyment. If you're feeling uncertain whether your spending is normal, remember that everyone's financial situation differs. Keeping track, setting priorities, and adjusting habits slowly will improve your financial confidence. You’re on the right path by reflecting and asking questions—sharing your story invites helpful input from others too!

6 comments

yuan's images
yuan

yes this is normal HAHA , for transport if you are eligible , mayb the hybrid concession pass is more cost efficiency for u? u can go take a look its $49/month

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Jonas's images
Jonas

woww ur meal prep looks really yummy & healthy, good way to save $$ too 🤩

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