How I budget my weeks as a college student 💸

This summer, I’ve been learning how to budget more intentionally, not just to save money, but to prep for real life and avoid overconsumption and stress shopping. I wanted to create a system that helps me feel in control without sacrificing the things I love. Here’s how I break it down & some helpful tricks I’ve learned along the way!

#lemon8partner #lemon8college #collegestudent #budgeting #budgetfriendly

2025/6/27 Edited to

... Read moreIt's so easy to feel overwhelmed by money in college, right? When I first started trying to budget, I felt like I was constantly just reacting to my spending instead of being in control. But I quickly realized that budgeting isn't about deprivation; it's about making intentional choices that align with my goals – and still having fun! Beyond just breaking down my weekly spends, I've picked up a few more crucial strategies that really help cement my financial freedom. First off, before you even think about percentages, you need to *know your money*. Seriously, sit down and figure out exactly how much income you have coming in each month, whether it's from a part-time job, financial aid, or family contributions. This clarity is your foundation. Then, for a week or two, I highly recommend just tracking every single penny you spend. Don't try to change anything, just observe. You'll be amazed at where your money is actually going! For me, that initial tracking revealed my huge weakness for daily coffee runs and impulse buys at stores like Sephora – insights that helped me set realistic targets later. When it comes to groceries, I've found that meal prepping is a game-changer. Instead of just planning simple meals, I dedicate an hour or two on a Sunday to cook a few staples for the week. Buying in bulk for non-perishables and sticking to store brands (hello, Trader Joe's budget-friendly options!) has saved me a ton. And those loyalty programs? Use them! Every little bit helps. Transportation can be a hidden money pit. While I budget for gas, I also actively look for ways to reduce those trips. Carpooling with friends to class or errands is a no-brainer. I also bike or walk whenever possible, and I've even started exploring public transport options more. It's not just about saving money; it's also a great way to explore your city! Eating out and coffee shop visits are tough to cut completely because they're social activities. My trick is to set a strict 'treat' budget and stick to it. If I want that fancy latte, I know I'm probably making my coffee at home for the rest of the week. Potlucks with friends instead of restaurant dinners are also a fun, budget-friendly alternative. And always, always check for student discounts! For fun and hobbies, it’s all about creativity. Instead of automatically shelling out for expensive outings, I look for free campus events, local park activities, or even free museum days. Sometimes, I'll budget for a specific class I really want to try, like a CorepowerYOGA session, but then balance it out with free activities for the rest of the month. It’s about being mindful. Finally, don't forget about those unexpected costs or savings. Building a small emergency fund, even if it's just $50 to start, can really save you from financial stress when something pops up. I also use gift cards I receive for birthdays or holidays for my splurges, like a new Jo Malone scent I've been eyeing, so it doesn't come out of my regular budget. Remember, budgeting is a journey, not a destination. There will be weeks where you go over, and that's okay! The key is to review your budget regularly, adjust it as your needs change, and keep learning what works best for *you*. There are also great budgeting apps out there that can act as handy 'tools' to track your spending and help you visualize your progress. You've got this!

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Every time I try to stick to a budget, life just throws another expense my way, but I guess that’s just the college experience.

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August Thomas-Moline's images
August Thomas-Moline

Thank you for sharing that, but I do have a question for you about groceries if you were a single person. I feel like it is cheaper to buy pre-made meals than making meals at home... But then again I guess it depends on what you are making and how much you are storing it's not easy🥺

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