October 16th, 2021
Saving money is one of the top concerns when you are studying abroad. Students get so invested in the thought of their dream universities abroad; they forget that they require a considerable amount of capital to survive. From daily meals, traveling, accommodation to entertainment, everything will cost you money.
Financing your study abroad program will be the most challenging and least fun part of your entire learning process. Today, I will share some of the effective ways you can save money so that you do not have to stress about money in an unknown place. It is common for students to face a financial crunch once they leave their homes to study abroad.
Some even end up paying too much for daily commodities and later struggle to meet their expenses.
In this blog post, I am going to share 20 tacky yet effective ways you can save money while studying abroad. These tips are approved by some of the proficient essay help writers.
Find alternate to textbooks
Another thing that students tend to forget when they plan their time abroad is the money they will require for textbooks. Costs of textbooks can cost up to so much that it may become unbearable for students. As an alternative plan, you can find a second-hand textbook or find if they are available online. If you are a literature major student, you can rely upon Gutenberg Online.
Get rid of the mobile
When you are so far away from home, it is quite understandable for students to stay in touch with family and friends. However, calling or texting on your mobile can be expensive than you can imagine. Instead, sign up for free services like Skype and ask your families and friends to do as well. This way, you will be able to stay in touch with your family members and friends and talk to them all day long for free. It offers some of the cheapest rates for calling landlines and foreign mobiles. It can save you a lot of fortune.
Meet some pocket change
The easiest way to make money on exchange is by babysitting, tutoring, and translating. Consider checking psychology labs at local universities if you do not want to commit to anything drastic. Such labs are often looking for participants for studies, and they will pay you after you spend an hour answering a survey or working on some sort of a mindless task.
Cook by yourself When you are away from home, cooking is the greatest option to save money. You do not need superior skills to cook edible foods. There are several dishes which you can easily make by yourself without even turning on your sleeves. Take, for instance, you can easily make salads by cutting up fresh vegetables and tossing them together. You still be able to lead a healthy lifestyle and stay on the budget at the same time.Ask for student discounts
If you live on a tight budget, consider asking for discounts or negotiating with sellers for a better price. Unfortunately, sometimes students forget to ask for a student discount. But this can be sued as a serious saving to more expensive purchases.
Get a bikeMinimize the use of laundryInstead of using washing machines frequently, consider washing clothes only when you have full loads. You need to understand the number of times you are using a washing machine; you will be using the same amount of detergent and electricity. Students are advised to use powdered detergent rather than using liquid detergents.Utilize happy hours
If you wish to drink outside, choose a place that has happy hours. You will be able to enjoy yourself and also save money at the same time. Use the students’ ID as a discount coupon to save money.
Sacrifice your ease of travel by choosing the lowest-priced airline that you may afford. It will save a considerable amount of money on the flight. If you are planning to study in the USA, consider using allegiant air’, ‘JetBlue’, and ‘Spirit Airlines’.
Expensive car rides were never designed for students who have limited money to stay with. Even public transports daily can prove to be expensive. But if you are someone who wants to explore the city on your terms, get yourself a second-hand bike. You may also subscribe to public bike-sharing systems that are becoming quite common in more and more cities worldwide. You will never be late anywhere. No longer will you have to worry about missing the last train, and you will have the freedom to explore cute side streets that you would not have noticed otherwise.
Find part-time job
Keeping a part-time job along your side is worth it, especially if you want to have extra money to go out with friends for movies, drinks, or get into a restaurant. Students mostly can manage up to 20 hours alongside their studies. Research what kind of work is suitable for you before applying for your position.
Check your conditions of visa before you look for work. This is because there are countries that do not allow international students to take work outside their studies. You can find information on this from government websites.Make use of apps
There are several smartphone apps that can save your time with minimal effort. For example, you can use the CurrencyConverter app to ensure currency exchanges do not rip you off. In addition, apps like MoneyWise will help you keep track of your spending and also help you understand where your money is going.
Seek help from Myessayhelp.co.uk
Amidst part-time jobs and everything, it can be strenuous to manage your coursework or assignments. Moreover, international students struggle with adapting to the new education system. But hiring online experts can be quite expensive. But not if you choose an affordable essay help service such as myessayhelp.co.uk.
Eat at the university cafeteria
There will be days when you do not have enough time to cook, but you cannot possibly attend an early class on an empty stomach. The best affordable way to fill your stomach is by eating at your university cafeteria. A cafeteria is a place known for having the lowest prices of food. It is also the best place to eat if you are short on money as well as time.
Cancel memberships that you are not planning to use
You have made promises to yourself about using the gym three times a week or something else. But you failed to keep up to your promise. How many times must it have happened to you? It is time that you cut down the membership that you do not plan to use. It will save a lot of money.
Avoid impulse buy
Instant gratification had been the top reason for people losing money. You must start thinking about long-term savings. Before you purchase anything, ask yourself, “Do I really need this now?” Then, start thinking of all the things that you will require purchasing eventually. Thinking about those will make you care enough not to buy impulsively.
Look for free entertainment
Whenever you travel to a new place, you will find local spots and locations worth checking out. But what you may not know are big citiestend to have many free entertainment avenues that you may not be aware of. So what you must do is search for them and visit them to splurge in your free time. Parks, museums,
Buy brands from the wholesale department store
At home, you might be used to buying food items and brands of leading companies. But you can save a few dollars or pounds into becoming a huge amount at the end of the year. When visiting a whole departmental store, keep an out for the store’s own brand of products. They will be cheaper than the costly brands.
Sell your gently used clothing
Another effective way to make money is by buying, trading, and selling used clothes. It is a popular trend for people of all incomes and ages. Look out for a consignment shop in your neighbourhood and pack all trendy clothes that you do not want to wear. Then, you can sell your clothes from the comfort of your home and earn a great sum of money.
Get travel health insurance
Make sure you get yourself a student travel health insurance that will cover your medical charges for the duration of your journey. In addition, you will be able to find the names and locations of doctors who can direct you from your university abroad.
Consider buying a week’s worth of meals instead of buying a few days at a time. It will save you money in the long run. This way, it will stop you from impulsively adding items to your list of purchases.
It is completely fine if you are still learning to become an adult on your own. But it is never too late to admit it and trying your best to save on your own. This is the first time you are staying away from your family. You have grown up, and now it is your time to lead an independent life. It will be a learning experience of how to save your money and stay within a budget,
AUTHOR BIO: Clara Smith has completed Ph.D. from one of the most reputed universities in the USA. she is also associated with Myessayhelp.co.uk, where she is one of the professional essay rewriter.
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