I wanted to input that I as a student am basically the opposite of what this article is talking about. I'm from West-Europe so maybe that's a huge factor.
I spend less than €100 a month. I live with my parents, and currently doing a Masters in the best uni of my country, which costs around €550 for a year. I take the train to class everyday which is about 1 hour, but a train subscription costs me €80 for 3 months. A car is a luxury here and in my opinion, useless if you live in a city.
I don't have any debt whatsoever and have never seen why I should go into debt. I almost never spend on anything not necessary. heck sometimes I wonder WHY I don't buy more things. My computer is 5+ years old and still in good shape, so are most of my clothes, although I do buy new stuff every year.
If I do buy a gadget like my smartphone, I save for it first, I don't even have a credit card. I have never bought things and paid them after. Interest rates are the devil. Own your assets, not the other way around.
Stop spending so much.
I spend less than €100 a month. I live with my parents, and currently doing a Masters in the best uni of my country, which costs around €550 for a year. I take the train to class everyday which is about 1 hour, but a train subscription costs me €80 for 3 months. A car is a luxury here and in my opinion, useless if you live in a city.
I don't have any debt whatsoever and have never seen why I should go into debt. I almost never spend on anything not necessary. heck sometimes I wonder WHY I don't buy more things. My computer is 5+ years old and still in good shape, so are most of my clothes, although I do buy new stuff every year.
If I do buy a gadget like my smartphone, I save for it first, I don't even have a credit card. I have never bought things and paid them after. Interest rates are the devil. Own your assets, not the other way around.
Stop spending so much.