If you are reading this, you must be an international student, who is pursuing your education in a foreign country. Living with a minimum income will be one of the biggest challenges that you will come across when you study abroad. Some of the students can work for a part time job, but it will not help you to earn a fortune. On the other hand, some of the students don’t have any legal or time permissions to engage with part time jobs. In all such instances, you need to understand how to save money while pursing your education.
Don’t use the ATM too often
It is better if you can refrain from using the ATM too often. That’s because you will have to pay a transaction fee for every single withdrawal that you make from the ATM. This will make you end up with losing a considerable amount of money at the end of the day. You will even notice that some of the international ATM machines will charge up to $5 from you. In order to overcome such unwanted expenses, you can think about limiting the number of times that you use your ATM card. In here, you are encouraged to use the ATM machine one time a month to get all the money that you need. Then you will be able to keep money in a safe place and use that to cover up the expenses that you will come across.
Keep an eye on deals
When you want to shop for something, it is better to keep an eye on deals. This is another great method available for the students who study abroad to save money. For example, you will be able to find coupons from the online stores, which can help you to get discounts. You can also keep an eye on the deals that are available on websites such as Living Social and Groupon. This will even help you to buy the food at discounted prices. Hence, you will be able to cut down most of the expenses that you will have to spend during the time you spend while studying abroad.
Don’t take international calls
Students who study abroad will come across the need to stay in touch with their loved ones at home. You should not use international calls for it. Instead, you need to think about cutting down the international call expenses by sticking to VoIP applications. For example, you can get a better mobile data plan activated on your device. Then you can use apps such as Skype, WhatsApp and Viber to call your loved ones at home. This will help you to cut down the communication expenses in an effective manner.
Learn how to travel cheap
Most of the international students who study abroad complain that they are spending lots of money on traveling. That’s where you need to understand how to travel cheap. You will come across the need to travel to a new destination over the weekend. In such a situation, you should understand the cheapest method available for you to get there. For example, you should think about using public transport instead of taxis as much as possible. You will also be able to discover travel passes. It is worthy to invest on such a travel pass, so that you will be able to get better discounts.
Provide your student ID
You can find discounts for student ID cards available in all countries. This is another great opportunity available for you to secure while you are studying in a foreign country. You need to take a look at the places that offer discounts for the student ID card. For example, you can get free entry to numerous tourist attracts and museums with the student ID card. You need to think about getting the most out of this opportunity.
Explore public transportation
Transportation expenses can be frustrating for an international student. That’s where you need to think about mastering public transportation. Once you have a solid understanding about public transportation, you will be able to use your knowledge and understand the easiest method available for you to get to your destination with ease. In some of the instances, using public transport will not be a practical solution. That’s because trains might not be available 24/7. If you have become a master in public transport, you know what the next best option available for you to move forward with.
Keep these tips in your mind and you will be able to learn how to reduce most of your unwanted expenses when studying abroad. This can help you to pursue your studies without worrying about financial difficulties as well.
