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... View More
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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 focus more on enjoying your international adventure
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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 resident (PR) of that country or at least on a work visa. This is the main reason why students are forced to take jobs in FMCG, Hotels, etc., Many call centers abroad attract a lot of Indians to work in night jobs. This is unsafe as we see a lot of killing happening. So avoid them. Take a job which allows you to concentrate on your studies and hav...more -
I have graduated. Can I get good jobs while doing post graduation abroad. -
no,university can suspend or detain you.
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can do side job with university permission or without? -
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, store discounts, student discounts, budget meals etc. Do not spend buying unnecessary gadgets, you will have money to buy them later. Always use International Student Identity Card. This helps a lot! -
Commented by
Lalit Bhandari If I agreed with you, we'd both be wrong! | Scholar-Level 16
8 years agoStudent 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. -
Commented by
Swameeka Medhi Overseas Education Counselor, Free Lance | Contributor-Level 9
8 years agoBest 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 convenience fees!Students have the benefits of student discount cards as well which helps in travelling, eating out etc. Make use of those.
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