Studying abroad is a significant decision but the best decision of your life. After all, you get to travel to an entirely new country on your own, study at one of best countries in the world, and discover yourself like never before. However, to excel as an international student, you need a lot more than just getting good grades.
Here are five financial tips for students planning to study abroad:
1. Save as much money before
Go the traditional way and save in advance because the first weekend you are in the foreign, you’ll be spending hundreds of dollars or pounds and feel broke. It is always good to save in advance because even before leaving, you’ll have some expenses like buying a good pair of shoes, a couple of pair of good quality pants, and a cozy jacket.
2. A credit card with an electronic chip
It is an advanced system of personal identification and accepted in most countries around the world, so you don’t have to worry about shops and airports rejecting your card.
3. Stay back
After your second semester is done, don’t rush and catch a plane back home. Stay back for the summer and enjoy the country because places are most attractive during the summers. Also, you’ll get to work full-time and fill up your piggy bank.
4. Buy a camera
It is an expensive investment but definitely a wise one. You’ll be clicking so many photos, and so many won’t fit on your phone.
5. Don’t pre-book weekend trips
Don’t rush into pre-booking your weekend trips before arriving in the country because you’ll meet so many new people and would want to go on trips with them and you’ll regret not going with them. Plan for budget places in the beginning, so that you don’t feel very expensive and once you’ve settled down and expenses are cut down, plan for a big weekend trip somewhere far.