Money management often poses a significant challenge, especially during training: after all, for most people, it’s bound to be a bit tight. We talk to Robin Landsell, who is currently training to be a mediamatics technician with PostFinance, about money and how she manages it.
Money and budgeting: how Robin Lansdell, an apprentice with PostFinance, manages her finances.
Currently training, but a bit strapped for cash? Robin Lansdell knows this feeling all too well. In our interview, she tells us how she’s managed her finances during her apprenticeship as a mediamatics technician with PostFinance and what money means to her.
What does money mean to you?
Robin, what sort of person are you when it comes to money?
For me personally, money is a means to an end: when I have it, I like to spend it. I’m not the biggest saver.
Have you come up with a budget?
Not in writing. But as I live in shared accommodation, I know how much my monthly expenses are for rent, including additional costs. At the same time, I also know how much I need to set aside for health insurance, my smartphone and for food. Before I transfer the rent, I take a look in e-finance.
What do you like spending your money on most?
On enjoyable experiences – big and small. This could be a holiday, a day trip or just a quick coffee in a café. Spending time with friends is very important to me. That’s something I learnt from my parents – the money we had as a family to spend on leisure activities would be invested so we could do something nice together. I have also found myself buying lots of plants and books recently. With the plants, I’ve turned my home into a bit of a jungle, and the books are a very welcome change to the digital world.
To date, what has been the most expensive item you’ve bought?
My computer, which I had to buy at the start of my apprenticeship for work reasons. PostFinance covered a portion of the costs, my grandparents covered another portion, with me paying the rest using money I received as gifts for occasions like birthdays and Christmas. This investment paid off: I’m still using that computer today.
What sort of things do you try to save money on in everyday life?
There are many things. As a rule, I try not to buy too many things and am very careful about what I buy. I once counted everything I owned, and didn’t even manage to finish counting. I stopped counting at 300, but it was at this point I decided to only buy the things I really needed. I only buy second-hand clothes as a matter of principle, for instance. Unlike a lot of people my age, I have never felt the need to define myself with material items or brands. I’m not what I buy, after all. I also save money by taking the time to cook things myself. If I order something or eat out twice or three times a week, then it all soon adds up. I keep hairdresser and dental appointments to a minimum. And I always make sure I turn the lights off at home when I don’t need them. I can see the benefits of this in my electricity bill.
Do you have any really practical tips on how to manage your money?
Yes, at least for anyone who lives in shared accommodation like I do and has to split costs and expenses with the people they live with. We actually use the The link will open in a new window Splid app for this, where we enter everything we buy. This then calculates automatically how much money we owe each other (or are owed).
About Robin Lansdell
Robin Lansdell will complete her apprenticeship as a mediamatics technician with PostFinance in August 2021.
Three tips on how to be smart with your money
Keep control of your spending with a budget
First, work out your fixed monthly expenses (e.g. rent, public transport, mobile phone contract) and then your variable expenses (e.g. food, healthcare, leisure). Where possible, try to set aside fixed savings for your fixed expenses, even if it’s as little as 30 or 50 francs. You never know what you might need this money for.
Keep track of things with e-finance
By using e-finance, PostFinance’s online banking service, you can keep on top of your finances at all times.
Share costs with subscriptions
Do you have a subscription for services like Netflix or Spotify? Switch over to a family subscription and share out the costs by doing so.