Tips to Save Money while Studying Abroad

Use student Discounts- Lot of countries readily offer discounts to students. Avail of this benefit in shops, restaurants, and malls etc. to save extra money. Enquire if student discounts are available.


University offers and packages: Pre-set packages are offered by universities. Sometimes these deals offer massive savings. Pay attention to the offers you are getting and be smart to benefit from the deals.

Cook at home- Don’t be too tempted to eat out often as this is a costly affair. Learn to cook before going abroad and cook at home as much as you can.

Avoid huge cell phone bills- Avoid International calls and use the Internet to make calls. Also you can chat and email instead of always calling. For emergency purposes purchase a call card which is cheap and affordable.

Walk the extra mile: Do not always depend on cabs to go everywhere. If you can walk it up somewhere then please do so, It will be a good exercise and you will end up saving a lot of money.

Ask the locals- When in doubt about the process of products or services and what deal should suit you the most, ask the locals. They will be the best people to help you out. Do not stay ignorant and suffer losses.

 

Nice post.There are other ways to save money while studying abroad, of course. Scour your school's study abroad office for scholarships; search the Internet even more thoroughly.

 

One more thing I used while I was abroad was staying 3/4 guys together at one place.

 

Also, Skype can be used to make calls to regular land-line and cell phones. The cost per year is very low. I'm paying $29 A YEAR, less than $3 a month, for the service, but it is only to the US and Canada. I'm sure their services to other countries are quite low too.

 

If I may make one comment about the food tip:

It may not always be cheaper to cook at home. At least in Southeast Asia, it is incredibly cheap to eat a quick meal on the go. The wide variety of dishes available at low costs on the street are well worth trying. Oftentimes, it can be more costly for a student to buy all of the ingredients, collect all of the necessary kitchen equipment, and pay for the natural gas or electricity necessary to cook meals at home. Just be aware of the customs and habits of the locals in your respective countries!

 

Is there any suggestion about looking for a part time job after school? I think that's really helpful for students who are studying aboard, as it give them an significant income.

 

The best way to save money for studying abroad is by going on a scholarship, Not wasting money for flight tickets by coming until and unless you finish your course, spending less on food and other stuff those are unnecessary.

 

@surfdoctor :100% agreed. There are lots of e learning resources available on the internet and very affordable price.

@seanisner123 : Thanks for sharing valuable tips.

 

You know, there are places wherein it can even be more costly if you are cooking at home. specially if you live alone. From where I am at, I can buy a meal for as low as $1 but if I cook the same meal, it will cost me more than that. of course when cooked from home, there will be more in portions but its still not equal or cheaper if I bought the food elsewhere cooked.