Benefits of savings as a student

Stunna

Valued Contributor
Lots of student whose parents give them allowance tend to spend lot of money while in school and sometimes forgetting there can actually start making some savings while still in school.

Having Money without being able to manage it is something students need to be reminded that there is actually life after school, because after school or college, your parents might not be giving you money as it used to when you were in school.

The best thing you can do while you are in school if you are privileged to be getting allowances form your parents is get to save at least ten or twenty percent of your it, just Incase emergency comes up or there's urgent need of money at school you won't need to be calling your parent or asking around for help which might not work well sometimes.

So having to save your money will help in numerous ways, for example, if you need to get your personal stuffs like videos games, luxury shoes and clothes you admire, you won't be disturbing home for money for it .

Having this savings account as a student will go long way as savings you in desperate times which is the best thing that you can actually do for yourself but you have to start little so it won't affect your academic spendings too.
 
I do not think a student with few ressource of money with think about luxury they wear clothes as casual or sports and go to study. Luxury is for people having a lot of money, most of people purchase clothes from the frip. Where price is much lower from going to a shop selling price even triple time than frip.
 
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