Lemma:
Let $(a_n)$ and $(b_n)$ be sequences in $\mathbb{R}$ with $a_n\to a$ and $b_n\to b$. Then, for every $\varepsilon >0$, there is a $N\in > \mathbb{N}$ such that $|a_n-a|<\varepsilon$ and $|b_n-b|<\varepsilon$ for all $n\geq N$.
This basically means that we can (for a given $\varepsilon$) find an $N$ such that it "works" for $(a_n)$ and $(b_n)$ simultaneously.
Proof for the Lemma:
Let $\varepsilon >0$. Since $a_n\to a$ we can choose a $N_1\in \mathbb{N}$ with $|a_n-a|<\varepsilon$ with $n\geq N_1$. Similarly, we can choose a $N_2\in \mathbb{N}$ with $|b_n-b|<\varepsilon$ for all $n\geq N_2$. Choose $N_0:=\max \{n_1, n_2\}$, then we have $|a_n-a|<\varepsilon$ and $|b_n-b|<\varepsilon$ for all $n\geq N_0$.
Im trying to understand this proof visually now.
That's an image i drew with desmos. The black dots are $a_n:=1/n$ and the blue dots $b_=-0.25$
How would we choose $N_0$ this time? I can't really grasp the idea that this works... I guess that it means that after a certain element of the sequence they both are in the same epsilon-neighbourhood.

Because $(b_n)$ is constant, any $N_0$ that works for $(a_n)$ works, trivially, for $(b_n)$ too.
Notice though that generally and in your case the two sequences won't be within the same $\varepsilon$-neighbourhood for small $\varepsilon$: instead, both sequences will be within one $\varepsilon$ of their respective limits.
Take $N_0 = 2\varepsilon$, for example.