As a NSF, should I focus on saving or investing using the NS allowance given?

I suggest you save all your NSF allowance and ask your parent to support your for necessary expenditure. The reason being your parent is still relatively strong to receive steady income from their current job and the saving up of your NSF allowance will free up their burden when you enrol into university , need cash for oversea immer treats and exchange experience . As those experience land you a different status upon graduation , secure a higher chance to join a reputed company .

Saving + earning (when you can) the small amount youre able to invest at the moment wont make much of a difference in the big picture

Try to balance both as both are important.

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Firstly for savings, set aside a sufficient emergency fund. If you do not have too many financial responsibilities, you can afford to set aside a smaller amount. However, do try to think about the future when you go to university and beyond.

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As for any excess cash that you do not require, I would say invest them. Take advantage of compound interest when you are young. Leverage time and make small amounts of money snowball into huge amounts.

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I hope you find this helpful. If you'd like to learn more about investing and personal finance, consider joining my telegram channel https://t.me/thedollarsapling and check out my website at www.thedollarsapling.com

Allocate some money for savings before you invest.