Top 5 tips for creating a monthly budget

As a student I have to have a strict monthly budget. Something I am really passionate about is setting out my finances each month to ensure I don’t over spend and always have to take money out of my savings. This is the plan I use to ensure I can budget my month well and maintain a healthy savings for an emergency or to simply save up for something I want to buy.

  1. calculate total amount entering your account every month
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To start with, you need to calculate the total amount of money coming into your bank account every month. This could come from a student loan or your job. Once you know a total amount coming into your account, then you can begin to calculate the rest from there.

2. calculate your monthly bills

Next up is your monthly expenses. This is anything from rent, gas, water and electricity bills, or a Netflix account. This includes any payment which comes out of your account every month. Once you know this, then you can subtract it from your total earnings every month to figure out what amount you are actually left with each month.

3. make a budget for food every month

The next step is to make a budget for food every month. How much you are going to spend on food and drinks, basically anything from the supermarket, every month. It might be easier to estimate if you calculate week by week. What also helps me is to think of meal plans and roughly how much they cost. This is important to first carve out the necessities of what you have to spend every month before you think about saving money or spending on fun activities.

4. make a budget for fun activities

I always try to budget ‘fun’ into my month. When I would say I wouldn’t spend money on coffee this month or not go out for lunch, I would always fail. So my new method is to plan fun things into my budget. For every month, I set aside a small amount of money to, for example, buy clothes, go out for lunch or dinner, buy a coffee or two or go to the movie. This way I have a set aside amount for each activity I want to do every month.

such as

  • €15 for coffee
  • €20 for dinner
  • €20 for a movie
  • €30 for clothes

In doing this I can keep track of what I spend on these activities and make sure I don’t go over budget. If I don’t do one of the activities that month, then I can put that money into my savings.

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5. calculate how much you want to save every month

The final step is to put aside the rest of the money every month into your savings. It is important to have a savings for those unexpected costs that might come up. I normally put the remainder of the money into my savings. The first few months I tried this method I had some trouble estimating my food budget every month but that’s never a problem because you can always bring money back from your savings and adjust your budget the next month. You just need to make sure you keep track of your bank balance as the month goes on.

Saving money every month really helps build a reliable amount of money you can fall back on. Even if its a small amount it always adds up.

For example:

  • €20 every month (roughly €5 every week) x 12 months = €240 every year
  • €50 every month (roughly €12.50 every week) x 12 months = €600 every year
  • €100 every month (roughly €25 every week) x 12 months = €1,200 every year

or

  • January until March- €20 every month (roughly €5 every week) x 3 months = €60
  • April until June -€50 every month (roughly €12.50 every week) x 3 months = €150
  • July until september -€100 every month (roughly €25 every week) x 3 months = €300
  • october until december-€120 every month (roughly €30 every week) x 3 months = €360

Annual total = €870

Creating the right savings plan can help you build a strong savings, starting from even €5 every week. Certain months of the year might be easier to save in than others, but with an intentional budget and a savings plan, your goals can be reached. With a savings plan, it is always important to look at the long term goal, for months, a year or even years ahead. Whatever your goals, this plan should help to achieve them.

Please leave a comment down below if you liked this post or have any suggestions for future posts you’d like to read. Please follow me on Instagram for more behind the scenes stuff. Hope you guys enjoyed this post and I will see you again next week, for my weekly blog! 

5 tips for Studying from home

I have not always been good at studying at home. There were a lot of distractions and I personally found it difficult to be productive. Over the past few years I’ve been working on how to improve at studying at home. So here are my top 5 tips for being productive while studying at home.

  1. Routine

Make sure that you have a daily routine. This can be an everyday morning routine, for before you start your studying, or a routine for after your breakfast to ensure you stay on track with your studying. This way you can also get chores or other activities out of the way before you start studying to relieve stress.

such as

  • 7:00-7:30 meditation
  • 7:30-8:30 workout
  • 8:30-9:00 breakfast
  • 9:00-12:00 studying
  • 12-13:30 Lunch
  • 13:30-18:00 studying

Making a schedule makes sure that every day has some free time, such as in the evening, to relax from studying. It can also help planning studying for in between classes and making sure you have enough time to cook lunch or dinner and have healthy studying habits.

2. Workspace

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It is important to have a separate study space where you live. This could an office room in your house, a desk in your bedroom or a desk in your living room. You need a space which is designated for studying or working. Keeping this separate space helps you keep your focus. This also helps ensure that when you are done studying or working that you can relax and not worry about work, since you left that space you were studying.

A few years ago I used to try to study on my bed or on the couch in my living room but as a result I had difficulty sleeping and had difficulty staying focused on my work. Once I switched to a designated study area in my home, I could sleep again and I found it easier to focus on studying for longer.

3. Breaks

Plan regular breaks. Studies show that you cannot focus for longer than around one hour on a task so why force yourself to study for hours upon hours without a break. Breaks help increase the efficiency of your study sessions. These breaks can be short breaks after a certain amount time or after tasks or longer breaks in the middle of your study sessions. It took me some trial and error to figure out which breaks worked best for myself while studying.

An example of implementing breaks into your schedule can be:

  • at 10:00 have a 20 to 30 minute break; and
  • at 15:00 have a 20 to 30 minute break

or

  • after each chapter have a 20 minute break
  • after 60 mins of studying have 10 minute break
  • after 30 minutes of studying have a 10 to 15 minute break

Make sure that during these breaks you stay hydrated and get all your meals. I always make sure that I have a study snack with me for my mini breaks, such as chocolate or fruit, and I always bring tea and water with me to study. That way I don’t have to get up for snacks or drinks during my study sessions.

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4. Fun

I always plan something fun to do after studying. This could be an activity on the weekend, something to do at the end of the day or a show to watch during your break. This always helps to give me a little more motivation to finish my goals. If you know you need to study for an exam or finish an assignment but also want to go see a movie the weekend before, plan this out. Therefore, you are extra motivated to achieve those study goals on time and still have everything planned and finished on time to do that fun activity you wanted to do.

5. Plan

Make a study plan. Write down for each day what you want to accomplish; such as reading a certain chapter, finishing your notes or preparing your exam notes. If you make sure you have a plan of what you want to achieve and set a timeline of when to achieve this, it keeps you focused and able to track what you are doing everyday. This also helps make sure you achieve what you need by that deadline and ensure you are not stuck rushing things at the end. This means I don’t have to stress because I know I have enough time to finish it. I can use this to plan around days I have to work or go to classes. I also plan free rest days into my schedule. Having a good study plan makes this all possible!

I hope these tips help you to figure out how to make the most of studying at home and be successful at it too. Please leave a comment down below if you liked this post or have any suggestions for future posts you’d like to read. Please follow me on Instagram for more behind the scenes stuff. Hope you guys enjoyed this post and I will see you again next week, for my weekly blog! 

My everyday morning routine

Welcome to my morning routine. I am a university student so I have a little more free time in the mornings on the days I don’t have an early class. Every morning I wake up between 7 am and 8 am. I used to wake up pretty late, around 11 am, I was definitely NOT a morning person. I didn’t believe I could incorporate waking up early into my routine and enjoy it.

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Forming the habbit

Then I realised if I wake up early every day, after approximately a month it will become a habit. So I started by staying persistent and woke up at 7 am every day. It was difficult at first but I found it important to get up straight away and have something to do, like study with a friend or go to the gym. Having a purpose for getting up made it easier to stick to the goal. After a few weeks it began to turn into a habit. 

That’s when I decided to start a morning routine to keep up the habit and it enabled me to get more done everyday. I really enjoy having more time in the morning to focus on my personal growth, whether that’s mental or physical health.

An intentional routine

I find it important to set an intentional morning routine. I always try to fill my early mornings with things important for my personal growth. This keeps me motivated to wake up early and I get plenty of time to focus on work the rest of the day. I start my day by using the first twenty minutes for spirituality, which I mostly use for meditating. After that I get dressed and do an at home workout routine.

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But First… breakfast and coffee! I always start my day with a cappuccino or latte macchiato. For breakfast, lately I’ve been loving oatmeal with blueberries or bananas. 

After that I get dressed and do a home workout routine. My workout routine consists of mostly anything I can do on a mat, mostly focusing on my core strength, legs and arms. I always try to vary my workout everyday, such as covering a different area each day. Then I try some yoga poses before ending with some stretching exercises.

After exercising, my day of classes and studying begins, so I shower, change for the day and normally head out to the library or university.

Please leave a comment down below if you liked this post or have any suggestions for future posts you’d like to read. Please follow me on Instagram for more behind the scenes stuff. Hope you guys enjoyed this post and I will see you again next week, for my weekly blog! 

Welcome to Daily Life & me

I always hated the first day of class, when they would make you stand up and say your name, hobbies and why you like the course but here i go:

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Welcome to Daily life & me. My lifestyle blog. I am a law student in my 20’s, living in Europe. I moved to different countries when I was younger but now I study at university full time.  Most of my days are spent studying for law school or attending classes at university. However, I try to keep a healthy lifestyle by eating healthy and exercising. I play squash, go swimming or find some other workout I can do in between. 

My hobbies include playing guitar, many forms of painting, photography… As long as I can be creative, I’m happy. 

I want to keep this blog anonymous so I can let my stories speak for themselves. I’ll be posting about my life, anything from daily routines, to studying for law school. I hope that my blog will be able to help others, whether that be to inspire someone or simply have enjoyable content. My plan is to simply write about what I enjoy and I hope you enjoy it too.

I will be posting twice a week, every Monday and Thursday morning.

Please leave a comment down below if you liked this post or have any suggestions for future posts you’d like to read. Please follow me on Instagram for more behind the scenes stuff. Hope you guys enjoyed this post and I will see you again next week, for my weekly blog! 

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