{"id":169630,"date":"2024-06-14T18:04:40","date_gmt":"2024-06-14T16:04:40","guid":{"rendered":"https:\/\/www.erasmusmagazine.nl\/en\/?p=169630"},"modified":"2025-12-19T11:27:24","modified_gmt":"2025-12-19T10:27:24","slug":"cash-splashers-unite-at-wellbeing-weeks-cash-course","status":"publish","type":"post","link":"https:\/\/www.erasmusmagazine.nl\/en\/2024\/06\/14\/cash-splashers-unite-at-wellbeing-weeks-cash-course\/","title":{"rendered":"‘Cash splashers’ unite at Wellbeing Week\u2019s cash course<\/em>"},"content":{"rendered":"

The Student Wellbeing Week offers a variety of workshops, focused on helping students dealing with their wellbeing. One of the workshops is Keeping your head above water: a cash course. <\/em><\/p>\n

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Taking a quiz on the type of spender you are.<\/span><\/p>

\n\t\n\n<\/svg>\n<\/span>\n\tImage by:<\/span>\n\n\t\t\t\n\t\t\t\t\t\t\tMaya Barakova<\/span>\t\t\t\t\t<\/span>\n\t<\/p>\n<\/figcaption><\/figure>

The workshop is small, with two eager students present. One student has his notebook out, ready to write things down. The host Maninne Verkade is a volunteer and youth counsellor from Social Debt, a foundation based in Rotterdam helping people to repay their debts.<\/p>\n

The start of the workshop is a moment to get to know each other. The students talk about their studies, their current or previous jobs. One of the questions is about how many vacations students went on with their parents as children. \u201cThe way my parents handle money is the way I handle money and it\u2019s important to know how you grow up financially\u201d, says Maninne.<\/p>\n

Impulse purchases<\/h2>

Sebastian, a Creative Media and Business student, shares the social challenges he comes across when budgeting. \u201cThere is a hidden pressure, because you want to be able to go out for drinks and join friends.\u201d \u201cI have ADHD, so I sometimes do impulse purchases\u201d, says Harper, a first year Psychology student about her own struggles. Jennifer Doest, who organised the workshop, shares her own burden. \u201cI have student debt to pay off.\u201d<\/p>\n

Speaking from her own experiences, Maninne says: \u201cI have learned to budget but it\u2019s still difficult. I thought I needed every new face serum on the market.\u201d The abundance of new products available makes it difficult to resist not buying anything. \u201cHaving more awareness helps me understand what to do\u201d, says Maninne about her spending habits. She used to spend a lot of money on coffee and food from the shops at train stations, so she decided to start bringing food from home and stay away from those shops. When struggling to budget while going out with friends , Maninne pleas for honesty. \u201cIt\u2019s good to be honest with your closest friends. They will be understanding\u201d, she says.<\/p>\n

Small amount left each month<\/h2>

At the end of the workshop, students take a quiz to find out what type of spender they are. It turns out that everyone present is a \u2018cash splasher\u2019 \u2013 someone who\u2019s trying to budget, but doesn\u2019t shy away from spending while going out.<\/p>\n

Maninne shares budgeting apps such as Dyme and YNAB with the students, hoping to help them with their budgeting. \u201cEven if it\u2019s just 5 or 10 percent, make sure there is a small amount of money left each month.\u201d<\/p>\n\n\t

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