Edited by Katherine.
Students do you know how to spend wisely? This week is Spend wisely week hence I bring you some tips from local students and RMIT staff .
"Always keep some money aside for emergencies. About 3/10 of your income should be kept aside for emergencies", Sally
" The little things always add up. Like the coffee you have 4 to 5 times a week outside is about $20 per week". Meld.
"Make your own healthy lunches and it could save you by $50 per week", Meld.
"Try and live in a share house. It is cheaper than a college room". Indian students
" Buy a MYKI pass rather than money". Metro
" Mend your own clothes if you can"
" For telephone. I prefer Optus. Why? Because it has many free calls and great internet." Sally.
" Eat breakfast. We have free breakfast for students once a week at each campus." RUSU.
"Buy from the market, rather than the supermarket". RMIT students.
" Plan your finances well. Work out how much you earn in a fortnight and how much you need for the essentials. For example you worked 20 hours a week and you earnt about $10 an hour. That would be $400 that you have earned in a fortnight. Now you need to work out your essentials like rent, food and bills. And of course tuition". RMIT Student Services.
Got any more tips on budgeting and saving money? Please feel free to add to the list.
Students do you know how to spend wisely? This week is Spend wisely week hence I bring you some tips from local students and RMIT staff .
"Always keep some money aside for emergencies. About 3/10 of your income should be kept aside for emergencies", Sally
" The little things always add up. Like the coffee you have 4 to 5 times a week outside is about $20 per week". Meld.
"Make your own healthy lunches and it could save you by $50 per week", Meld.
"Try and live in a share house. It is cheaper than a college room". Indian students
" Buy a MYKI pass rather than money". Metro
" Mend your own clothes if you can"
" For telephone. I prefer Optus. Why? Because it has many free calls and great internet." Sally.
" Eat breakfast. We have free breakfast for students once a week at each campus." RUSU.
"Buy from the market, rather than the supermarket". RMIT students.
" Plan your finances well. Work out how much you earn in a fortnight and how much you need for the essentials. For example you worked 20 hours a week and you earnt about $10 an hour. That would be $400 that you have earned in a fortnight. Now you need to work out your essentials like rent, food and bills. And of course tuition". RMIT Student Services.
Got any more tips on budgeting and saving money? Please feel free to add to the list.
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