It’s no secret that students struggle to save money, budget or spend it wisely and this is because of the bad habits they have acquired when they were still at school.
Could it be that our generation — from a very young age — were never really taught to manage our pocket money or truly understood the value of money? When our pocket money was finished, we just asked for more without ever considering where it came from.
And as we grew older, some of us weren’t taught at school either about money matters, so the disregard for budgeting increased, as well as our desire for items other than food. And it seems most of us were never reprimanded for these actions and when they got to varsity, the real cost of living came as an unwelcome surprise.
So if you are a student and you’re reading this and thinking, “Yes, I have fallen into this trap, but I do not want to be a part of this generational curse”, here are a few tips to help you spend your money more sensibly:
It won’t always be easy to follow these tips, it may take weeks or even months, but if you’re determined to quit your habits, it won’t be about the process but the progress. Good luck!