The Rajagiri Blog

Home >>Blog
Likes(269) Views(662) 14 Mar, 2018

By: Sumit Kujur

Student Expenses

Not many days ago, I got promoted as the chartered accountant of my own company in student’s market/economy. I started with going through my own accounts and it was a revelation. Let me take you through a student’s expense here in Rajagiri.

To begin with, I want you to know that men are not born free and cannot live free. To eat, we must cook or serve; to drink, we must fetch and boil. Similarly, for the students, in order to learn we have to spend and in order to spend we have to earn or learn.

I want you to go through this calculation of a student’s daily expense and see if it matches with that of yours.

Daily goods consumed

Price of the goods (Rs.)

Duration of use

Amount of goods spent in a day (in Rs)

Colgate

80+

2 months

2

Hair Oil

100+

3 months

2

Face wash

300+

3 months

2

Soap

40

1 month

1

Cherry

40

1 month

1-2

Laundry

200

1month

30

Hostel fee

73000

10 months

-

Perfume

500

3 months

3

Top up/ Recharge

10

1 day

30

College Adm./ fees

530000

2 years

700

 

Summing up all our daily expenses, it is Rs1000/per day (minimum). The question to be asked is, from where does that money came from? Was it blown to you by the winds? Or did it fall from the sky?

Ladies and gentleman, it is from our parent’s pain under the scorching sun and the coldness of the rain, and it came from the stressful office work or life staking duty, if they are in an army. By spending that much of money per day as a student, how much do we earn and learn in a day?

You wake up in the morning, wash up, eat, dress up and go to class, spending the whole day on the college campus and going back home when the final bell rang.  Is this worth spending Rs.1000/- per day? Calculating the additional payment of transportation, canteen expenditure with friends, our daily expenditure goes up to a considerable amount. We spend much more of our money than what’s actually needed as a student. What do we learn in return  while staying here in RCBS?

To put it in economic explanation, applying Say’s law of Supply, “Supply creates its own demand”. So, in every supply we made to ourselves (consumption or spending) there is always the demand or things we must do or learn. When the demand equals supply, there is equilibrium. In other words, when the money we spend in a day equates to the learning we make in a day, there can be equilibrium or the so-called success.

Therefore, let’s try to think and calculate our expenses and ask ourselves, “Is it really worth spending all these?” and even more  "how can I make my stay here worth the money I spend". If our expense exceeds our learning, let’s try to reduce it to the least possible and start stretching our hands towards getting skills and knowledge rather than just spending.

To conclude with, we must all know who we are? How much we spend? How much we earn? And let’s try to make the most out of it!

 

"Don't tell me what you value, show me your budget and I'll tell you what you value" - Joe Biden

 

 

 

 

0 Comments
 Login to add your comments

Recent Posts

An Admonition
01 Nov, 2019
50 144
A voyage across the seas
01 Nov, 2019
161 398
A voyage across the seas
01 Nov, 2019
0 0
THEIR UNDYING SPIRIT by Revathi
29 Sep, 2019
64 283
A Frosty Memoir- By Jibin Mathew
22 Jul, 2019
69 241
UNREQUITED LOVE -Jibin Mathew
14 Jul, 2019
62 272
FEMINISM!! IS IT ABOUT EQUALITY - SUMIT SUNIL
04 May, 2019
113 464
Inflore is not a fest, it’s a feeling
08 Mar, 2019
183 443
Inflore is not a fest, it’s a feeling
08 Mar, 2019
0 0
A TEA PARTY AND SWEET NOTHINGS
15 Feb, 2019
206 396
ORIGINS : DAN BROWN
15 Feb, 2019
194 414
TRAVELOUGE: UDAIPUR
15 Feb, 2019
206 419
Connecting The Dots
15 Feb, 2019
211 824
Brand Update - Honeywell Indoor Air Purifier – Can it stay healthy?
15 Feb, 2019
167 350
Transgenders: Life, Career and Challenges
23 Mar, 2018
339 3315
Activites of the Forum Of Rajagiri Management Students for 2017-18
15 Mar, 2018
341 1088
Unionization of Indian IT Sector: An Exploratory Study
15 Mar, 2018
249 1025
Interviewing the Interviewer John Brittas!
14 Mar, 2018
584 2326
Crossroads 2018
14 Mar, 2018
233 582
Bleeding Tears
15 Mar, 2018
289 853
Enduring Breakfast Shows
15 Mar, 2018
284 930
Human beings thou blessed
15 Mar, 2018
275 669
Forever and Ever
15 Mar, 2018
238 609
Spicmacay State Convention
15 Mar, 2018
377 895
Covering the Heights
15 Mar, 2018
323 828
The Joy of Reading
15 Mar, 2018
271 763
Student Expenses
14 Mar, 2018
269 662
Student Talkies
13 Mar, 2018
321 861
Readers Town
15 Mar, 2018
264 588
Auto Talks
15 Mar, 2018
316 589
How I remember!
15 Mar, 2018
276 592
Chairman Speaks!
14 Mar, 2018
331 1317
Oru German Katha
15 Mar, 2018
252 1115
The Mask
15 Mar, 2018
252 570
The Roar of Our Lions
14 Mar, 2018
383 1213
Tale of Innocence
14 Nov, 2017
343 673
My NGO Visit
16 Nov, 2017
374 6859
Life in Rajagiri
13 Nov, 2017
407 1422
Rural Camp : An Exceptional Experience
13 Nov, 2017
351 1298
Diversity Day
14 Nov, 2017
362 775
Kerala's Own Business Power Couple
14 Nov, 2017
447 1248
Rajagiri National Business Quiz - Behind the Scenes
13 Nov, 2017
380 1059
Forming RCBS Alumni - UAE Chapter
14 Nov, 2017
394 1109
Teacher - The wings of life
13 Nov, 2017
305 644
Double Roti: A Real Breadwinner
13 Nov, 2017
369 871
Interview with Glisha Gleetus, Founder of Inflore
14 Mar, 2018
339 1020
Transcend - a day with young minds
13 Nov, 2017
326 629
Social Entrepreneurship Club - Inauguration of 2017-2018 Club Activities & Logo Launch
13 Nov, 2017
443 1256
GST in India
13 Nov, 2017
338 678
Semester Abroad Experience in South Korea
15 Nov, 2017
355 728
Rise to Glory
13 Nov, 2017
304 667
Hidden Jewels
13 Nov, 2017
345 1349
A Tribute to my Teachers
15 Nov, 2017
333 675
Oru Nimisham - TV show experience
13 Nov, 2017
350 1314
Occult Practices and Modern India
14 Nov, 2017
336 2050
The Whale Story
15 Nov, 2017
336 666
Letter from a Tree
13 Nov, 2017
365 830
Mbaye Diagne - An Extraordinarily Ordinary Man
13 Nov, 2017
356 738
The Quest
13 Nov, 2017
318 635
My Mother
13 Nov, 2017
354 643
Evolution of color!
13 Nov, 2017
295 613
Research Mechanics
14 Nov, 2017
560 2176
Where is my Problem (research)?
14 Nov, 2017
350 850