Money Management Tips While Studying Abroad
Studying abroad is expensive, even if students have a scholarship there may be unwanted and unnecessary expenses and debts. It is important that international students prepare a budget and speak with financial advidors such as banks and CA. Make sensible use of that credit card and check gor money m
14.8K Views|17 Followers|Posted 2016-04-04 18:40:24
Started by Monisha Barua
9 Comments
S
Commented by
a year ago
Mastering money management while studying abroad is key to a stress-free experience. Create a budget to track your expenses, use student discounts whenever possible, and open a local bank account for easier transactions. By staying organized and planning ahead, you’ll keep your finances in check and
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Commented by
6 years ago
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Commented by
9 years ago
Hello There! Students can get good part-time or casual employment especially if they have a degree. However, most of these 'good' jobs are not offered for people who cannot be on the payroll of a company. To be on the payroll of a company, as their employee, you must be a citizen or permanent reside
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Commented by
9 years ago
I have graduated. Can I get good jobs while doing post graduation abroad.
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9 years ago
It depends where you are & what type of work you opt for. In India, getting a job is difficult in this period as almost everyone wants a full-timer.
You can try data entry or accountancy jobs if available, For rest of the time, you can spend it on tuitions, the best way to income.
D
Commented by
2016-05-08 19:08:44
no,university can suspend or detain you.
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Commented by
2016-05-06 19:48:47
can do side job with university permission or without?
Upvote 2 Replies
9 years ago
You must get the permission of your programme head prior to starting your part-time work. This is a once-off process. Otherwise, you will face problems with your visa which will end-up in your passport being banned for a minimum of three-years from entering that country especially in Australia. Hope
Commented by
2016-04-05 15:44:53
Many ways to cut out expenses which can be avoided, look out for shared accomodation, speak to the university's international student office they have connections. Spend less on eating out. As international students we often dine out so keep track of the budget, look for customer loyalty programs, s
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Commented by
2016-04-05 15:27:03
Student vouchers are extremely helpful when you study abroad. Inquiring from the international student office about discount vouchers, part time jobs, affordable stay options etc is very important.
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Commented by
2016-04-05 10:01:00
Best way to save money abroad is to plan your budget before leaving your home country and stick to that budget. Keeping oneself updated with current exchange rate is important. Make use of credit cards but sensibly and withdraw large amounts at once and not often. This is will save you from ATM conv
Upvote 1 Reply
H
3 years ago
When I went to study abroad, I had no knowledge of financial management, so I spent my money on whatever I wanted. One of my pastimes was roulette, which I played almost every day when I had money.
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