When you move abroad, there are a lot of financial habits that naturally change. New currency, new banking systems, and a completely different way of managing your day-to-day expenses.
But one habit I didn’t want to lose after moving to Spain was saving money. Back home, I made it a point to put a little money aside whenever I earned it. It didn’t have to be a huge amount, but consistently saving something always made me feel more secure. When I moved here, I realized I wanted to continue that same habit, just in a slightly different way.
That’s where N26 came in.
If you already have an N26 account for your everyday spending, opening a savings space within the app is incredibly easy. Everything happens right inside the app, which means you don’t have to go to a bank, fill out paperwork, or deal with complicated processes. It’s all designed to be simple and quick.
Once you create your savings space, you can transfer money from your main account to your savings account in seconds. It’s literally just a few taps on your phone. So whenever you get paid or want to set a little money aside, you can move it over instantly.
I’m pretty sure it only took about three taps in the app before I suddenly had a savings account set up. It really is that simple. The whole process is very straightforward, which makes it easy to start saving without feeling overwhelmed by complicated steps or paperwork.
You can also automate your savings, which I personally love. For example, you can set it so that every month a certain amount of money automatically transfers into your savings. That way, you’re consistently putting money aside without even having to think about it.
Another feature N26 offers is the round-up savings option, which is a really clever way to save without feeling it. Basically, whenever you make a purchase with your card, the app rounds up the amount to the nearest euro and sends the difference to your savings.
For example, if you buy a coffee for €2.75, N26 will automatically move the extra €0.25 into your savings space. It may seem small in the moment, but those little amounts add up over time. Before you know it, you’ve saved a decent amount just from everyday purchases.
So in a way, every time you spend, you’re also saving a little bit, which makes the whole process feel effortless.
One thing I really like about using N26 for savings is that it keeps the money separate from my everyday spending. When the money sits in my main account, it’s easy to forget about it and accidentally spend it, but when it’s moved into savings, it feels more intentional.
Even if you’re only setting aside a small amount each month, it still adds up over time. N26 also offers a little bit of interest on your savings. It’s not a huge amount, but every little bit helps. Over time, those small additions can make a difference.
For me, opening a savings space with N26 was really about continuing a habit I already had. Just because I moved to another country didn’t mean I wanted to stop being financially responsible. So now I try to set aside a small amount each month, just like I used to back home. The only difference is that now I’m saving in euros instead of dollars. And honestly, that’s not a bad thing.
Another thing I like about saving this way is the flexibility. If I ever decide to return to the United States one day, I can always convert the money back into dollars. So in reality, I’m still saving money just like I always did. It’s simply happening in a different currency.
And there’s something kind of fun about that.
A Simple Way to Start Saving
If you’re living in Spain and already using N26, opening a savings space is one of the easiest ways to start putting money aside. It takes just a few minutes to set up, transfers are instant, and it helps you stay consistent with your saving habits. Even if the amount is small, the important thing is to start. Because at the end of the day, saving something is always better than saving nothing.
Want to open an account with N26? Check out this blog -> Opening an N26 Account in Spain: The 15-Minute Guide You Actually Need
Love always,
American Girl Meets World
