The pie chart illustrates how British students allocate their monthly income broken down in 6 categories, while the bar chart provides information about their economic sources, being both graphs from 2016. Looking from an overall perspective, most students spent the majority of their money on rent, while the expenditure on the other areas was similarly distributed. Additionally, loans, family and part-time jobs were the main sources of their income.
A clear feature from the graph, is that roughly half of the student’s income was directed to pay their accommodation. The second-highest expense was food, with an average of £124 spent every month, while the leisure activities, travelling and socializing, had similar values, accounting in total for approximately the same amount as food. Similar numbers were observed for bills, paying around £69 a month, while slightly less than a fifth of their income was allocated for “other” activities.
Finally, the highest source of income is from student loan at 80%, while family help and part-time employment equally accounted for the 65% of the cases. On the contrary, just over 40% of the student income was from savings, bank overdrafts and grants