Being a student is so hard nowadays. I've been spending a lot for school requirements and different activities related to education. I'm stuck with this saying "SAVING IS WASTING", thinking that with the little amount of money I have, should I put it on an investment or should I just save it for my future expenses or emergencies. I'm also living in a country in which there are limited side hustles I could do to earn extra for investment, so I'm troubled somehow.
Priorities. Build a plan base on your priorities.
You said that you're a student then prioritize your studies. Prioritize going to school. Prioritize your needs for your school. Prioritize your school requirements. Don't stress yourself out because of money or saving in this case because for me, getting a degree and getting a job after studying is a better thing to do than stressing yourself out because of money. If you can get a good job, money will come to you then that's the time that you will think about it.
When I was a student, I didn't think about investing, but I focused on my studies. Studied hard and fortunately, graduated from college. After that, that's the time where I thought about money. I saved money at the start because that's what the older people taught to us, but as I studied investing, I realize that I'm wrong. Not wrong literally, but I was wrong that I saved all of my money in a bank account. Cut the story short, I still save money until now, but that's money is my emergency funds only. There's nothing wrong with saving as long as you are doing it for emergency funds.
Focus on your priorities first. You're a student so focus on studies first. After graduating, get a job then put a portion of your salary in investment and put a portion of it in emergency funds. Save money for emergency funds only, and don't save for the sake of saving (well at least that's how I think).