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Budget management: Navigating city life of a student in Pakistan

A student’s life in a city is a blend of academic pursuits, cultural exploration, and financial management. From attending classes in prestigious institutions to exploring the city’s rich heritage, students experience a dynamic lifestyle shaped by both education and city life.

If we fit Lahore in this case, we can regarded it as the heart of Pakistan, boasts a rich history, vibrant culture, and esteemed educational institutions.

However, delving into the financial journey of a typical student living and studying in Lahore – managing monthly expenses and navigating the local job market – reveals a compelling narrative.

‘’Living in Lahore as a student can be an exciting yet challenging experience, especially when it comes to managing finances,’’ says Nouman Aman, a hostel manager in Lahore. ‘’The cost of living varies depending on personal lifestyle’’.

The cost of accommodation is one of the most significant expenses for students. According to rent service providers, a one-bedroom apartment in the city centre costs around Rs20,000 per month, while outside the city centre, it drops to about Rs15,000.

In a hostel, the situation however becomes a bit different where rent of bed is calculated which is comparatively cheaper. “The hostel room is undoubtedly cheaper but the ambiance isn’t conducive enough for studying or doing any innovative work,’’ opined the hostel manager.

Food is another major expense while living in the metropolitan city. A meal at an inexpensive restaurant costs around Rs300 while a regular cappuccino is priced at Rs200 to 300. For those who prefer to cook at home, the price of groceries can add up. For example, a dozen eggs cost around Rs350 to 400 and a pound of rice is about Rs145.

Transportation and utilities are other essential expenses. The cost of a one-way ticket for local transport or the starting tariff for a Rikshaw – taxi ride is Rs100. The monthly fee for a mobile phone plan with calls and 10GB+ data is Rs500.

Leisure activities and personal care also form part of the monthly budget. The monthly fee for a fitness club is Rs2,500.

Adding up these expenses, a student in Lahore might need to budget around 30,000 to 40,000 Rs. per month to the basic needs.

Job Opportunities

While managing expenses can be challenging, the job market in Lahore offers several opportunities for students to earn while they learn.

Part-Time Jobs

Several businesses in Lahore offer part-time jobs suitable for students. For instance, there are opportunities for roles like customer service representative, marketing manager, project coordinator, and energy consultant. These jobs can provide students with a steady income and valuable work experience.

Online Job

Online job portals like upwork, linkedin, and cater specifically to job seekers. These platforms connect skilled youth to employers, boosting employment opportunities and empowerment.

Life as a student in Lahore – like any big city – involves careful financial planning and taking advantage of the job opportunities available. Despite the challenges, the experience of living, studying, and working in this historic city can be incredibly rewarding. The key lies in striking a balance between managing expenses and seizing opportunities in the job market.


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