There are two parts in your meal plan, a freedom account and a basic account.
Everyone has the same amount on their basic account, and the freedom account varies.
Freedom allows you to purchase from off campus location, and is transferable, meaning you can use this amount throughout the four/five years.
The basic account expires, but you don't get taxed on food.
http://hospitality.mcmaster. ca/mea...2012-2013.html
Check this link for details.
I spent about $7 on dinner, $3 on breakfast if I didn't make it, and $5 on lunch. So, I spent about $14 in a day. I advise you to buy a few non-perishable things, like canned soup, or cereal to save a few bucks. Also, don't buy drinks if you worry about spending too much.
http://hospitality.mcmaster. ca/mea... 12%202013.pdf
This is also a budget planner if you want to spend all of your money within the year.