The MoneySense diaries: Joseph, 19
MoneySense follows a week in the life of Joseph, a first-year student at the University of Southampton studying business management
“When it comes to money I feel like I’m both really relaxed, and very careful, depending on the situation I’m in. If I know that I don’t have any big expenses coming up I tend to be quite chilled about money, but if I know that there are necessities that need to be paid for in the near future then I will try and save as much as possible.
I started budgeting for the first time when I arrived at university, and it’s been much more of a task in my second term. I set myself a weekly budget, which I’m slowly getting better at sticking to, and luckily, I’ve never found myself in a situation where I don’t have enough money. If that was ever the case, my parents are very supportive – but hopefully I won’t need to turn to them!”
Rent (incl. utilities): £170/week
Phone: £0 - this is paid for by my family
Travel: £0/week - I have a free bus pass
Going out and eating out: £30/week