How To Save Money as a Student | N26
Life as a student can get a little hectic — especially if you’re also worrying about how to save some extra money. In this video, we show you how to save money as a student. Here are some tips on how to budget better that go beyond the obvious:
* Use your student discounts (0:36). Being a student has its perks, and your student ID card can get you discounts at a lot of places. Get into the habit of asking whether student discounts are offered.
* Optimise space and possessions (1:08). Living with other people means you get to split the rent. But there are other, less obvious ways you can save, such as fixing things rather than replacing them.
* Put second-hand first (1:41). Buying second-hand textbooks, going to thrift stores to shop for clothes or even setting up clothing exchanges with friends will help you save some significant cash.
* Meal plan for success (2:17). Planning your meals properly will help you know exactly what you need for the week.
* Save on utility bills (2:50). Becoming more conscious of how you use energy and water, and how much of these resources you really need, will help reduce your utility bills and save you money in the long run.
* Consider a side hustle (3:22). While taking on an additional part-time job would mean less free time, it’ll help put some extra cash in your pocket — fast.
* Learn to budget (3:49). Having an overview of your monthly income and expenses, and making note of how to optimise your spending, will help you get a better idea of where you can save money.
Making smart financial decisions while you’re a student may seem like a lot to handle— after all, you’ve got a lot on your plate already. But getting on track when it comes to money and savings is easier than it first seems.
Learn more about how to save as a student:
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