6 Genius Money Saving Hacks for Students in the Netherlands

18-12-2024
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Gabriel

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6 Genius Money Saving Hacks for Students in the Netherlands

Welcome to the land of windmills, tulips, and bicycles. If you’re reading this, you’re probably an international student making your way around the Netherlands, juggling your education, social life, and, of course, finances. Fear not, for I am here to help you navigate the jungle of euros, budgets, and discounts.

 

Budgeting is your new best friend.

Think of budgeting as your personal financial GPS. Without it, you’re just roaming through the Red Light District, unsure how you got there. Begin by noting your income (scholarships, part-time employment, the occasional present from Oma) and expenses (rent, groceries, textbooks, and those unexpected weekend vacations to Paris).

Apps like Revolut can help you keep track of everything without requiring a degree in accounting. However I personally am fond of excel templates

Pro Tip: Break down your expenses into needs and wants. Needs are items you must pay for, such as rent and food. Wants are things you can cut back on if required, such as your daily Starbucks fix or the latest tech gadget.

 

Thrift Shop: Because Vintage is Cool

Forget about spending the entire amount on designer labels. The Netherlands is a thrifter’s delight! Check thrift stores to get some real fashion treasures at a fraction of the cost. In addition, recycling clothes will benefit the environment. Win-win!

Pro Tip: Schedule your shopping travels around King’s Day, when the entire country transforms into a massive flea market. You can haggle for discounts and walk away with some interesting finds.

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Bike Everywhere: The Dutch Way

Forget about costly gym memberships and public transportation passes. Biking is not only a traditional Dutch pastime, but it also provides free exercise and transportation all in one. Invest on an excellent used bike (check out Marktplaats.nl) and you’ll be riding through the city like a local in no time.

Pro tip: Always lock your bike with two locks. Bike theft is a real thing, and you don’t want to be left stranded after a night out.

Meal Planning: Your Budget Will Thank You

 Eating out in the Netherlands will deplete your bank account faster than you can say “stroopwafel.” Cooking at home can help you save money. Gather a few pals for a weekly meal prep session. Local markets, such as Albert Cuypmarkt in Amsterdam and Blaak Market in Rotterdam, offer low-cost ingredients.

Pro Tip: Use a discount card, such as the Jumbo or Albert Heijn bonus card, to save even more on groceries. Also, don’t forget to look at the Too Good To Go app, which allows you to rescue surplus food from local restaurants and supermarkets at a discount.

 

Part-time Jobs: Earn While Learning

If your visa allows it, working part-time can be an excellent way to supplement your income. Popular student employment include working in cafes, bars, or as a tour guide. ISW can help you find student-friendly jobs, so check out our Vacancies.

Pro tip: Brush up on your Dutch! Even simple conversational skills might make you more employable and broaden your experiences.

 

Free Activities: Fun without the Money

The Netherlands has plenty of free activities. From strolling around the lovely canals and parks to visiting free museums such as the Amsterdam City Archives or the Rijksmuseum Gardens, there are plenty of free things to do.

Pro Tip: Check out local event listings on websites like Holland.com for free festivals, concerts, and exhibitions.

 

Remember, it’s all about balance: a little saving here, a little spending there, and plenty of unforgettable experiences along the way. Tot ziens and good luck!

P.S. When everything else fails, remember that laughter is free. So, when you find yourself living off instant noodles, consider it a rite of passage. Every broke student has been there – and lived to tell the story!