Here's what students are spending their money on

CEO at Student Village, Ronen Aires, shares with CapeTalk's Kieno Kammies some of the trends on campuses and how students spend their money and what they spend their money on.

Student Village has done an in-depth research on students spending patterns as part of their 2017 Student Spend survey.

Aires says students spend a bulk of their money on buying cellphones and data. There are no exact figures on how much is being spent on data because they buy as they go spending R5 - R20 a day.

Data has become the new oxygen in their world...

Ronen Aires, CEO at Student Village

Aires says although these young people spend more time online, they still prefer walking into a store to do their shopping. He says they maintain their Instagram lifestyle by taking pictures in fitting rooms and posting them online.

He says they are also big on specials because they are online all the time. They target three for one specials and share amongst themselves in order to save money.

What's interesting is that if you look at an average South African versus students, we find students spend more.

Ronen Aires, CEO at Student Village

To hear more of the student survey, listen below:


This article first appeared on CapeTalk : Here's what students are spending their money on


Recommended

by NEWSROOM AI
Read More
Former media exec molested 'hundreds' of boys and young men - Deon Wiggett

Former media exec molested 'hundreds' of boys and young men - Deon Wiggett

The final episode of Deon Wiggett's podcast series 'My Only Story' has been published in collaboration with News24.

'We're ready and able to deal with increased online payments on Black Friday'

'We're ready and able to deal with increased online payments on Black Friday'

PayFast MD Jonathan Smit says the spread of technologies available should help mitigate risk of compromising payment systems.

[LISTEN] A career prospect? Lawhill Maritime Centre sets its sight on Africa

[LISTEN] A career prospect? Lawhill Maritime Centre sets its sight on Africa

The Simon's Town centre is one of the few to offers Maritime Studies to students aged 15 to 17.

New online school admission system introduces 11 official languages

New online school admission system introduces 11 official languages

Gauteng Ed MEC Panyaza Lesufi confident the new system will run smoothly and says last years' criticisms were constructive.

 Kids going hungry during school holidays a concern for GDE says Panyaza Lesufi

Kids going hungry during school holidays a concern for GDE says Panyaza Lesufi

Gauteng MEC for Education Panyaza Lesufi says systems need to be put in place to prevent the hunger of school going children.

NSFAS takes action against students selling vouchers for cash

NSFAS takes action against students selling vouchers for cash

The National Student Financial Aid Scheme (NSFAS) is investigating University of Venda students caught selling vouchers for cash.

Popular articles
BE WARNED: Heavy traffic set to hit Nasrec on Saturday due to derby, festival

BE WARNED: Heavy traffic set to hit Nasrec on Saturday due to derby, festival

Johannesburg Metro Police's Wayne Minnar suggests alternate routes for music festival goers and soccer fans.

'SA is certainly one of best prepared countries in our region for coronavirus'

'SA is certainly one of best prepared countries in our region for coronavirus'

South African Health Products Authority chairperson Helen Rees they have done their best to train healthcare professionals.

EFF reach Megwatt Park despite heavy downpours

EFF reach Megwatt Park despite heavy downpours

Eyewitness News Edwin Ntshidi says members of the Economic Freedom Fighters were to hand over their memorandum.

[VIDEOs] Heavy rains cause havoc on roads

[VIDEOs] Heavy rains cause havoc on roads

Motorists share videos on Twitter about heavy traffic and floods on the roads.

[WATCH] The Soil back in studio and working on new music

[WATCH] The Soil back in studio and working on new music

Two members of the group joined Azania Mosaka for this week's 702 Unplugged ahead of their concert at Silverstar Casino Ballroom.

Pearl Thusi: The fact that we are in charge of the narrative is very important

Pearl Thusi: The fact that we are in charge of the narrative is very important

The actress says what is really powerful for her about the new show 'Queen Sono' is that the entire ark is driven by women.

SA citizens repatriation: 'We have no idea when Wuhan lockdown will be lifted'

SA citizens repatriation: 'We have no idea when Wuhan lockdown will be lifted'

Department of Health acting director-general Dr Anban Pillay explains why it was necessary to have South Africans returned.

Mandisa Mashego cagey on her talks with EFF leadership over 'internal matters'

Mandisa Mashego cagey on her talks with EFF leadership over 'internal matters'

The Economic Freedom Fighters’ (EFF) Gauteng chairperson Mandisa Mashego was reacting reports and speculation that she had recently resigned as the party's Gauteng chairperson over tensions within the party.

 Adam Catzavelos hit with R50k fine for racist remarks

Adam Catzavelos hit with R50k fine for racist remarks

Should he commit another crimen injuria crime, Catzavelos would need to pay the fine or go to jail.

[LISTEN] Sex is not limited to penetration

[LISTEN] Sex is not limited to penetration

Dr Eve talks about the expectation of penetration and how men who suffer from erectile problems can look at sexuality differently.