In the first three parts of this series, I encouraged you to do reverse reference checking, get mentoring, and do something new outside of university study (i.e. the lunchbox example).

In the fourth part of the series, I’d like to convince you to…

SAVE MONEY. AND HAVE FUN DOING IT!

This is how it started. When I was a student, I could never save money. Always with a bank balance close to $0 despite working more than a part-time job, and having a scholarship.

crying-woman-with-empty-wallet1

Then one year I made friends with two crazy Israeli travellers, which inspired me to visit the place. Saving money became a reality (flights back then cost a fortune!). But it didn’t turn out to be as hard as I thought it would be.

I’m now a bit older (and wiser), and looking back, can see what happened.

I REALLY WANTED to go visit Israel, which gave me a very clear, very tangible goal. And a massive reward for NOT spending $$ on stuff I could get by without.

Plus, I only MADE SMALL ADJUSTMENTS to what I was doing with the money each week.

More recently, I decided to put away $1 for every 10 minutes I run. I run quite a lot, and before I knew it, there were a few hundred dollars hanging around in my online ‘run jar’.

So HOW CAN YOU SAVE SOME PREVIOUS $$$ AND HAVE FUN WHILE DOING IT?

The rules are very simple:

  • the contributions need to be small but frequent
  • your savings are out of physical reach – so no cash jars. Set up an online bank account (e.g. savers account so that you won’t be tempted to take money out)
  • keep a tally on, and regular reminders to add the $ you need to put away

And a couple of recommendations

  • make it a competition with a friend or a family member
  • if you don’t desperately need it at the end of the year, find a person or an organisation you can share it with. Not only will it make you feel good about yourself, but will also be a great thing to chat about in an interview. Good example of commitment, stickability, creativity and resolve!

 

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Miscellaneous