How I invest as a student

18 Feb 2022
By Romeo O, Student at

As Gen Z students, we constantly worry about our future, and wonder if financial stability is something we’ll ever achieve.

From childhood, most of us are taught the way to ensure financial stability is by saving as much money as possible, particularly in case of emergencies. While this is sound advice, I think it pays (literally!) to think of money in ways that are more long-term, such as investments.

What are investments?

An investment is an asset or item that you purchase with the goal of generating future income or appreciation. It’s a decision that needs to be thoroughly considered, as there is a risk you’ll come out with less money than you put in. But there’s also the potential for big benefits if you do it sensibly.

The way I see it, investing is a way to make money work for me, rather than me working for money.

Want to invest but not sure where to start?

You can start investing using apps. I recommend Crypto or Etoro, as they both give beginners a trial period and a risk-free simulation to try out investing. They teach users the basics of how to buy-and-sell stocks, and when to invest in them. They also don’t charge commission.

You could also ask your bank if they offer ‘stock trading’ - which would allow you to invest through your bank, perhaps giving you a better sense of security.

In investing, if it looks too good to be true it probably is. So do your research. Look into the type of investment you want to make, as there are many - including cryptocurrency, stocks, partnerships, or other business opportunities. Also, take a good look at the company or the business you are investing with. Check their reputation, their mission, and how they might use your investment to their advantage.

How much should I invest?

Start small, and only invest what you can afford. I always make sure I have enough savings to last me 3-6 months, and some left in case of an emergency, on top of anything I invest.

Investing is risky, as your money can go down as well as up in value - meaning there’s a chance you’ll get less back than you put in. Seek financial advice if you’re unsure of anything before you invest.

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Greetings from the one and only, Romeo O! I am an international student from the Philippines, studying Law with Business at Oxford Brookes University. Writing has always been a passion of mine and I hope to share it with you here on The Common Room.