My real-life guide to student budgeting
Moving to the UK for my MSc in International Business was one of the most exciting decisions of my life — but let’s be honest, managing money in a new country isn’t always easy. Here’s my honest take on budgeting in the UK, especially in Hatfield, Hertfordshire and what I’ve learned along the way.
Cashless and no back up plan
Just a day after landing in the UK, I was eager to explore and visited ASDA after getting local recommendations. I picked up a few essentials, but to my shock, my UK VISA card (issued in India) was declined at checkout. I had funds, yet the payment didn’t go through. Frustrated, I returned home and contacted my bank, only to learn the card needed to be activated at a UK branch. The problem? I hadn’t exchanged any cash and had no backup – I relied entirely on online payments. For nearly two weeks, I survived on the limited groceries I brought from India, until a kind flatmate helped me resolve the issue.
It was my first real lesson in financial planning abroad: always carry some cash and don’t rely solely on technology. Managing finances here felt overwhelming at first, especially with currency conversion and higher costs compared to India.
Read the fine print
A few months into settling in the UK, I faced an unexpected financial setback. For a university assignment, I needed to complete LinkedIn Learning courses. As a student, I got a free trial of LinkedIn Premium and thought it would help with job hunting. Without thinking much, I added my bank details for verification, unaware that it would automatically convert into a paid annual subscription.
I forgot to cancel the trial—and suddenly, £800 was deducted from my account. I was shocked, devastated, and angry at myself. Despite contacting LinkedIn and my bank, I received no response. With no immediate solution, I had to rely on the small savings I had set aside.
For weeks, I restricted my spending, avoided eating out, and reminded myself to stay patient. It was tough watching others enjoy themselves while I budgeted every penny.
The biggest takeaway? Always double-check trial terms and set reminders to cancel subscriptions.
Becoming a student ambassador
As my savings were running low, I took on a part-time job as a student ambassador, which I highly recommend. It was flexible, fit well with my class schedule, and helped me gain experience while earning extra income. There are many student-friendly jobs available — on campus, in retail, or even remotely. I worked 15–20 hours a week, staying within the legal limit for international students.
Revolut was a game-changer
To manage my finances better, I started using Revolut, a digital banking app that helped me budget, track spending, and alerted me to upcoming auto-pay subscriptions — a real lifesaver!
Given my history of financial mishaps, I’ve gradually become much better at budgeting — and it’s a life skill I’m proud to have developed.
Shopping smarter
As an international student, one of my top tips for managing expenses in the UK is to shop smart. For basic groceries, fruits, and vegetables, ALDI and LIDL are great options — many items cost under £1, and they regularly offer monthly deals. For general necessities, ASDA is affordable and includes a World Food section with budget-friendly items.
In Hatfield, you’ll also find several World Food Stores for Indian spices and international ingredients, though they can be a bit pricey. For fresh produce at better prices, visit Hatfield Market. In the early days, avoid eating out or frequently using delivery apps like Uber Eats and Deliveroo — they add up quickly.
Instead, I relied on home-cooked meals (yes, all made by me!) — surprisingly delicious and budget-friendly, if I may say so myself!
Student discounts
Always check for student discounts, many cafés and restaurants offer them with a student ID.
Sign up for apps like UNiDAYS for deals on food, fashion and travel. If possible, live close to campus to save on transport. I stayed on campus and benefited from the free shuttle between campuses.
And when you need a break, explore local gems like Hatfield Park or nearby St Albans for cozy cafés and student-friendly spots.
Balance, not sacrifice
Budgeting as a student isn't about being restrictive; it's about being smart. I’ve made mistakes, but I’ve also become more financially independent and mindful.
Whether it's skipping that £4 latte, meal-prepping at home, or taking on part-time work — every little bit counts.
If you’re new to the UK, give yourself time to adjust. With a bit of planning, it’s totally possible to live well and save a little too.
I’m Sejal Sudhir Chauhan, an international business student from India living my dream of studying abroad! Currently diving into the world of global business through my MSc in International Business.