Money is the big issue for many students. After all, you have to finance your studies somehow. In addition, you want to treat yourself to something now and then without having a guilty conscience or having to turn over every penny. Worrying about finances during your studies affect many young people and can become a big burden. But with these money-saving tips, you can pad your coffers and really celebrate life as a student.

The word fixed costs should be a familiar one to you, and not just if you are studying business or economics. That is because your ongoing monthly costs are the basis of your bill. Housing costs are usually the largest item. If you are still looking for a suitable place to live during your studies, take a look at our modern apartments for students.

Other common fixed costs include water, electricity, and heating. But do not forget your cell phone contract, internet, television and streaming subscriptions! All in all, it adds up to quite a bit, and comparing different offers can really pay off in the end. Use comparison portals and find out about the different providers. Many of them have special offers for students.

If you pay attention, you will quickly notice that you can always save money here and there. This already starts in the household: For example, do not leave all devices running in standby mode. The use of LED lamps also saves a lot of electricity. And the savings continue in the kitchen: Contrary to popular belief, you do not have to spend minutes heating up the oven for many dishes. Remove unneeded trays and use the convection function. Instead of leaving the heating on all the time, turn it on only when needed. Also, avoid food waste: Pay attention to the expiration date, but always taste for yourself according to the motto: look, smell, taste. Often food has a longer shelf life than declared. In addition, leftover meals can be wonderfully frozen.

Game consoles, kitchen appliances or other household helpers: these items are often only needed sporadically, but they involve investments. After all, a coffee maker, drill, and smoothie maker cost quite a bit of money. Instead of buying them all on your own, ask the others in your shared apartment or dorm if you can split the cost. Shared items also save valuable resources and room space. So, everyone gets something out of it! #sharingiscaring

It does not always have to be new – this goes for clothing, furniture, and other everyday items. Even materials and books for university can be bought second hand and are as good as new. So why spend a lot of money when you can find inexpensive alternatives around every corner? And in the reverse case, you can also turn what you no longer need into money. Go on a discovery tour. You will find second-hand stores everywhere, and there are already plenty of portals on the Internet for buying and selling from private individuals. Other important tips for saving money: Repairing instead of throwing away and especially electronic items ie the smartphone maximum use until they no longer work, also contributes to environmental thinking, and lets your piggy bank laugh.

No matter how you slice it: Transportation costs money, even if your semester ticket for public transportation and the many money-saving offers for train travel will ease the burden on your wallet. If you have a bicycle, you can do many things by bike. This is especially environmentally friendly and gives you the opportunity to exercise in the fresh air. Plus, you can team up with other students if you are planning an outing. Carpooling is also an interesting option for trips home. After all, visiting parents is a regular occurrence for many students.

You have now received a lot of ideas from us on how you can save money. But on the other hand, something must flow into your bank account. The best way to finance your student life is with a student job. That sounds like work, and it definitely is. But a part-time job also has advantages: You gain practical work experience during your studies, get to know yourself better in the working world and get an insight in the various aspects of career opportunities. Waiting tables is not your cup of tea? Don’t worry, there are many possibilities. Here you will find plenty of inspiration on the best student jobs for you.

Before you start studying, you should find out about the possibilities for government support. There is a wide range of financial aid available for students, which will provide you with security in terms of your finances. In this regard, you should be fully. If you are additionally employed or earn too much money through self-employment, it is possible that your financial means will be cut off. So, pay attention to the limits that apply to you. In our article Study Financing in Austria, you will find everything you need to know at a glance.

At the latest when you start your studies, you can no longer escape this dry topic. But look on the bright side: by filing your tax return, you may receive larger sums as a refund of overpaid taxes and social security contributions. Collect receipts for the following expenses throughout the year:

– expenses for your studies such as tuition fees, books, scripts

– electronic equipment such as a new laptop for university and necessary accessories

– travel expenses

Need more tax tips? Then check out our article Student Tax Return.

Taking care of your finances yourself is an important step and goes hand in hand with responsibility for your life choices. After all, who wants to sit on their parents’ pockets forever? Take the first step and implement the tips above. Perhaps you will soon realize that saving doesn’t necessarily have to mean doing without but can even be fun in the end. So what are you waiting for?