I realized that saving money as a student may not be very easy. I have figured out a couple of important things to keep in mind when saving and still enjoying student life.
- Meal prep
As I live in a residence most my breakfast is actually free. Plus once a week I can have free dinner in my residence. But for lunches and the rest of the week I need torino a way to save.
I mostly pack my lunches. It’s really cheap to just buy bread and make your lunch. Instead of spending €10 a week on lunch, I spend about €3.
Dinners can be really cheep. Every student town has a cafeteria or other cheep places you can go to.
I recommend checking online or asking older students where you can go and get cheep dinners.
2. Shopping list
When you go out to shop you really need to make a list. I remember going shopping my first days at uni and just buying useless stuff. Always be prepared and know what you need.
3. Fun budget
Its important to have fun as a student but keeping track on how much you can spend on the fun stuff is important.
I spend about €10 a week on fun stuff. This means I can go out to eat lunch once a week and go to the movies or go out to party.
4. Use a banking app
I remember not using a banking app and not knowing my balance on my account. This is the worst thing that can happen! Knowing how much money comes in and goes out is one of the most importent things to do.
5. Keep a spending dairy or spreadsheet
Just writing down what you spent money on is very useful. Not only will you spend less. You will know where it’s going.