Finances

Managing your money reduces stress. It will help you feel comfortable and safe in the Netherlands. 

Fixed costs 

Every month, you pay fixed costs for things such as your rent, health insurance, gas, water, electricity, internet and phone. Write a list of all the amounts and note the payment dates. That way, you will pay on time and avoid penalties. Keep letters or emails about bills in a physical folder or a folder on your phone. 

Tracking your income 

Your salary or allowances are usually paid on a fixed day each month. List all the payments, add them together and then subtract your fixed costs. That way, you will know what you have left for food, travel and savings. If you have varying hours, calculate your average wage so you have a better idea of how much you can spend. 

Unexpected costs 

Sometimes you have additional costs, such as medicines, school supplies or a broken fridge. Set aside a small amount each month. Create a simple budget in a notebook or free app so you can quickly see where you can cut costs.