You can go out on the weekends but during the week it, you know, it should be study time.
( You ( ( can ( go ( out ( ( ( on ( the weekends ) ) but ) ( during ( ( the week ) ( it ( ( , ( ( you know ) , ) ) ( it ( should ( be ( study time ) ) ) ) ) ) ) ) ) ) ) ) . ) )
(ROOT (S (NP (PRP You)) (VP (MD can) (VP (VB go) (PP (RB out) (PP (IN on) (NP (DT the) (NNS weekends))) (CC but) (PP (IN during) (NP (NP (DT the) (NN week)) (SBAR (S (NP (PRP it)) (PRN (, ,) (S (NP (PRP you)) (VP (VBP know))) (, ,)) (NP (PRP it)) (VP (MD should) (VP (VB be) (NP (NN study) (NN time))))))))))) (. .)))
To be honest, I don't think it's important to set a limit on going out - and I don't think a strict schedule separating work and play is helpful for me. 
( ( To ( be honest ) ) ( , ( I ( ( ( do n't ) ( think ( ( ( ( it ( 's ( important ( to ( ( set ( a limit ) ) ( on ( going out ) ) ) ) ) ) ) - ) and ) ( I ( ( do n't ) ( ( think ( a ( strict schedule ) ) ) ( separating ( ( ( work and ) play ) ( is ( helpful ( for me ) ) ) ) ) ) ) ) ) ) ) . ) ) ) )
(ROOT (S (S (VP (TO To) (VP (VB be) (ADJP (JJ honest))))) (, ,) (NP (PRP I)) (VP (VBP do) (RB n't) (VP (VB think) (S (S (NP (PRP it)) (VP (VBZ 's) (ADJP (JJ important) (S (VP (TO to) (VP (VB set) (NP (DT a) (NN limit)) (PP (IN on) (S (VP (VBG going) (PRT (RP out))))))))))) (: -) (CC and) (S (NP (PRP I)) (VP (VBP do) (RB n't) (VP (VB think) (NP (DT a) (JJ strict) (NN schedule)) (S (VP (VBG separating) (SBAR (S (NP (NN work) (CC and) (NN play)) (VP (VBZ is) (ADJP (JJ helpful) (PP (IN for) (NP (PRP me))))))))))))))) (. .)))