Whether you are a student, a job seeker, or a visitor going to spend some time in Luxembourg, you need to learn how to save costs in the country. The truth is that living in this country can be pretty expensive; however, it doesn’t have to be if you are well equipped with some practical money-saving tips.
Unless you have a surplus amount, you should be very keen on accommodation, shopping, and where you go out. Unfortunately, you are new to the country, so it won’t be easy to know all of this.
We understand it, and that is why we are composing this post. We aim to help you survive comfortably in Luxembourg, even on a tight budget.
Once you land in Luxembourg, the very first thing you should embark on is finding affordable accommodation in Luxembourg. Since you aim to spare costs, you should thoroughly research and compare all the options you come across.
While doing all this, ensure you pay attention to the location – you want a rental home located within a place with easy access, well-secured and networked. But how do you find such accommodation? There are many ways to do that, but the best way is to search at Appartager. Here you will find several deals on accommodation and analyzing them keenly will significantly help you.
You can also try looking for accommodation advertisements posted on school notice boards if you are a student.
Depending on where you work or attend school, you may consider renting in neighboring countries where the rental price is slightly cheaper 1/. These countries include Belgium, Germany, and France.
After you have figured out where to stay in Luxembourg, the next thing you should know is where to do your shopping in Luxembourg. For this one, you have to compare items such as;
You aim to find a shop that has everything, sells at competitive prices, and does free delivery. Luckily, there are so many shops offering all these. The best ones we can recommend include;
Finally, you can embrace shopping with cards – most grocery stores will give you considerable discounts in the form of cashback when you use cards to make payments.
Another thing that can drain your money if you are not keen is transport. If you have money, it would be okay to use private means of transportation. But since you are trying to save money we urge you to embrace public transport. With them, you will not need to pay anything – the government of Luxembourg has paid for bus transport for everyone. So hop on any bus and go to your destination.
Whether in Luxembourg to work or study, you will need a bank account to keep your funds safe. This will not be a huge problem as there are many international banking institutions to consider. Some of the most popular international banks include;
When choosing between them, it would be wise to compare their interest rates and those with high-interest rates as they will see your money grow within no time.
The last thing you can do to save on your costs while staying in Luxembourg controls the frequency you go out. If you go out to eat, you can embrace cooking at your place or find friends you can cook together. Also, you can order food and drinks from accessible delivery sources.
For students, university canteens are a great place to go outing. They have almost everything you need, and the good thing is that their pricing is subsidized.
One sure way to achieve financial stability is looking for money and using it for the right purpose. So, during your stay in Luxembourg, don’t stay idle – look for a job that can help you pay your bills. Even if you are employed, you can look for a side hustle and boost your earnings.
It is even easier for students to discover part-time jobs that they can attend after classes or on weekends. Better still, there are a lot of online jobs you can do from the comfort of your house and make ends meet. Most of these jobs need you to have internet access (which is readily available in your school) and a smartphone, if not a laptop. The amount you earn from them depends on your effort.
You don’t have to research how often people spend money on things they can do without. If you are one of them, please stop it – work with a list and only include the things you can’t survive without on your to-buy list. For example, clothing, food, etc. Once you sort, you can forego other items meant for comfort, for example, expensive smartphones, woofers, laptops, etc.
If you are schooling in Luxembourg, you will realize that the country has many shopping centers, restaurants, cafés, hotels, and even transport that offer special discounts to students. Try to discover such deals in your area or even online and take advantage of them. All they will ask is for you to prove you are a student by showing them your student ID.
Although we said bus transports are free in Luxembourg, in some instances, you may have inconveniences traveling to or from your workplace/school. Such instances include when you have an urgent need – it might force you to pick a private vehicle instead of waiting for public transport, which will deplete your money.
You just need to walk and spare the cost if you stay nearby.
You don’t have to be rich to survive in Luxembourg; you must employ the above tips and maximize your little! Otherwise, if you ignore the above advice, things won’t be easy for you.