Along with paying the rent and utility bills, students will also need to understand that sharing household expenses will need to be budgeted for.
All of these costs will need to be calculated before moving into a shared student property so that you have a good idea of the budget you will need every month to survive.
So, what will need to be paid for during university?
After the rent and utilities have been paid, you will need to budget for your food and groceries bill.
Obviously, a lot depends on what you will eat but students could rack up a £40 a week bill for this, which is why so many live of pasta or the old classic beans on toast.
A quality student broadband connection
Another expense will be to find and pay for a student broadband connection so you can carry out your online research, file assignments and even have enough capacity for watching Netflix!
While this may not be considered to as a household expense, it is an important one and should be considered when budgeting – find out how much the broadband will cost and not to try to guestimate.
Other outgoings will include paying for public transport, especially if your student home is not close to the university campus.
You’ll also more than likely need to pay for textbooks and these costs will vary depending on the course you’re studying, although don’t forget to check out second hand shops where they’ll be a lot cheaper, it’s a good way to save your money.
Sourcing cheap student broadband deals
Along with sourcing cheap student broadband deals, there’s no doubt you’ll have to pay for a mobile phone; these can cost up to £50 per month depending on which phone you have, while pay-as-you-go deals are much cheaper and start at around £5, so it’s definitely worth checking out
Other costs will include insurance for the property’s contents (be aware that burglars love students homes) and social activities including visiting the pub – who doesn’t like a good pub?
However, one of the best ways for sharing household expenses is for you an your housemates to chip in for things such as the necessities, like cleaning materials, tea and milk and even food for sharing a meal night together.
Another potential way of organising utilities and a student broadband deal as well as helping to budget effectively for these outgoings is to utilise the service being offered by Glide which will enable you to enjoy the utilities and broadband and pay for them monthly.