University is often the first time young adults manage their own finances, and the freedom can be both exciting and overwhelming. Learning to save, even on a tight budget, is one of the smartest moves a student can make.

Start by setting a simple budget for the month. List all your expected income, whether it’s from an allowance, part-time work, or bursaries, and track essentials like rent, food, transport, and study materials.

Also decide upfront on a realistic amount to save, even if it’s small. Treat it as a fixed cost, like a phone bill.

Use student discounts wherever possible, from transport to movie tickets to software to student nights at your local pub. Share costs by cooking with friends, or using campus facilities. Avoid the debt trap: limit credit card use, steer clear of payday loans, and always pay bills on time to avoid penalties.

Save on textbooks by buying used copies, borrowing from the library, or sharing with classmates. Shop for groceries with a list to avoid impulse buys and prepare your own meals instead of relying on takeaways. If possible, take up freelance gigs or holiday jobs to boost your income, but avoid letting work undermine your studies. Also see if you can find paid internships for when you are on holiday.

The key is consistency. Saving as a student may seem tough, but every rand put away builds good habits – and provides a cushion for unexpected expenses or future ambitions. Start small, stay disciplined, and your future self will thank you.