Planning your budget
Before starting your studies, you will need to start planning your budget for your weekly living expenses. Your budget will depend on your personal circumstances such as whether you will work part time or receive financial assistance. When planning for your move into university life, consider some of the following:
Where will you live?
Will you live with your parents or move into a rental or university accommodation? Wherever you choose to live, you will need to budget for paying utility bills.
What are your medical expenses?
Whether you have health insurance or need medication, your medical expenses need to factored into your weekly costs.
How will you travel to and from uni?
Living closer to campus means you can walk, ride, catch public transport or take advantage of the Curtin Access Bus Service (CABS). If you choose to drive, you will need to factor in expenses such as car registration, parking permits, petrol and maintenance costs.
What are your university expenses?
Besides your tuition fees, you will also need to pay for the cost of textbooks and other necessary equipment for your course. The Guild can help you to access many benefits, but you will need to pay a membership fee.
What are your clothing costs?
Consider where you like to shop, whether it’s op shops or boutique stores and how often you need to update your wardrobe.
How do you like to enjoy your leisure time?
Going out with friends and keeping up hobbies helps you to maintain balance with your studies. Your entertainment budget can cover activities such as going to the movies, concerts or club memberships.
How much are your weekly food and groceries bills?
Eating at home and taking your lunch can help you save money but when planning your budget, you will still need to put aside for other everyday essential items. You may also wish to buy your lunch and eat out, which will need to factor in these costs.
How much is your mobile phone plan?
Having a reliable mobile phone is important. Think about your call and data use requirements and what your budget can accommodate.