Tips and Tricks to Save Money and Budget While Studying Abroad
Discover smart tips to save money and budget effectively while studying abroad, from managing expenses to finding discounts and maximizing resources.
Plan Your Budget Before You Go
You’ve just committed to studying abroad in a new and exciting city. You’re planning your trips, figuring out what to pack, and maybe signing a lease on an affordable student housing option. While it’s overwhelming, you’re excited about the adventure ahead. Until it hits you…how in the world am I going to afford all of this?
Take it from a student who studied abroad in Copenhagen, Denmark—one of the most expensive cities in the world! I quickly realized that I had to budget my food spending after paying $10 for coffee and $20 for breakfast. On top of that, I needed to factor in shopping, airfare, hotels, and activities. Budgeting became overwhelming really fast!
Prioritize Your Spending
The first thing I did was ask myself, “What do I want to spend my money on?” Many students overspend due to the excitement of being in a new city, often on things that aren’t worth it. I decided that a $10 morning coffee wasn’t worth it and became a tea drinker instead. I also started cooking at home to save money so I could enjoy restaurants while traveling on the weekends.
But maybe your $10 coffee is your only joy in the morning, or maybe you dread cooking at home. That’s OK! Then find other ways to cut costs. One of my hacks for finding cheap eats was using the app Too Good to Go, which allows restaurants to sell unsold food at discounted prices. In Copenhagen, I loved eating at places like Fabro and Pico Pizza, which both serve delicious Italian food under $15!
Save Money on Travel
Look for Cheap Flights
When planning trips, base your destination on the cheapest flights. I would’ve loved to visit Greece, but the $300 plane ticket wasn’t in my budget. Instead, I found a $45 plane ticket to Paris and jumped at the opportunity. Europe is amazing, so regardless of where you visit, you’ll have a great time!
Consider Alternative Transportation
Don’t forget about trains and buses! A friend of mine saved over $400 taking a train to Oktoberfest instead of flying. Plus, the views are much better compared to an airplane!
Pack Light and Avoid Extra Baggage Fees
Do not pay for an overhead bag. These costs add up quickly! Instead, invest in a travel backpack that fits under the seat in front of you. I used the North Face Base Voyager Travel Pack, and it fit everything I needed for a weekend trip. There are also cheaper options on Amazon. Plan your outfits in advance so you don’t waste space on unnecessary items.
Find Affordable Student Housing
Finding affordable student housing is essential for staying within your budget. Look for shared apartments, hostels, students. Many universities also offer dorm-style accommodations that are significantly cheaper than renting an apartment.
For grad student housing, consider co-living spaces or university-provided housing options. Some student residencies offer amenities like free Wi-Fi, utilities included, and study areas—all of which can save you money in the long run.
Take Advantage of Student Discounts
Always ask about student discounts! Many museums, castles, and cultural attractions offer free or discounted admission with a student ID. I got into Versailles for free just by showing my student ID! Some airlines, like SAS Airlines, even offer “Youth Tickets” with discounted airfare for students aged 12-25.
Final Thoughts
, but it’s definitely possible! The key is to find small ways to save money here and there so you can fully enjoy your semester abroad. With smart planning and a few budgeting tricks, you’ll have an unforgettable experience without breaking the bank!
Navigate Your Next Semester with Ease with Semester Sublet
FOR IMMEDIATE RELEASE
Navigate Your Next Semester with Ease with Semester Sublet
Bloomington, Indiana— September 14, 2024 — Semester Sublet is thrilled to offer a solution to the ongoing problem of students (and Parents) losing money while leaving bedrooms & apartments unused while embarking on an exciting study abroad semester.
A Smarter Way to Sublease Student Apartment
Semester Sublet is committed to reducing the stress and hassle of finding a subletter. We understand the financial challenges students and parents face with the possibility of having vacant apartments and/or bedrooms while studying abroad, doing an internship in another city, or leaving school in the middle of the school year. By using Semester Sublet, students can find or list apartments easily. Our user-friendly platform allows students to focus on their studies and parents to save thousands of dollars by connecting those with housing to those needing one semester housing.
Expanding Reach and Awareness
To maximize our reach and awareness, Semester Sublet is looking to collaborate with podcasts, financial magazines, and other vehicles to spread awareness of our cutting-edge platform. Our goal is to get featured in university communications, with the intent of attracting a wider audience and helping to grow our number of users.
Becoming a Part of University Life
In addition, Semester Sublet plans to become a part of university life by participating in on-campus events. We want to engage with students during university-centric events and through event sponsorships. Our goal is to build relationships and show students that, by using our platform, we can make one of the more stressful parts of university life easier.
Semester Sublet has helped many students with the challenges of subleasing. By using Semester Sublet, students can find or list apartments easily, saving money and reducing stress during their studies.
Find Your Ideal Student Housing
Whether you're looking for two bedroom student apartments to share with a roommate or prefer studio apartments for students, Semester Sublet makes it easy to find an affordable place to stay. Our platform helps students match with the right housing options, ensuring a smooth transition and stress-free experience.
For more information, visit Semester Sublet Website and start securing your next semester’s housing today!
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