Studying abroad does not have to break the bank! Believe it or not, this experience can be both amazing and affordable. Here are some of my tips on how to save money while you are traveling abroad!
There are endless amounts of ways to budget while you are abroad, especially with modern technology. There are many apps available that track your spending and allow you to set up weekly specific budgets. Setting up a new bank account with your specific budget is also a great way to save money.
2. Cook at home
In my opinion, trying new foods is one of the best things about studying abroad! However, while eating at new restaurants can be a lot of fun, it can also be pricey. In London, there are a multitude of grocery stores within walking distance of our kitchen. The food is reasonably inexpensive, especially if you are splitting groceries with somebody else. Cooking at home is a great way to save money while studying abroad!
3. Discount Airlines
If you are planning to do any traveling while studying abroad, there are many ways to keep it on the cheaper side. Traveling throughout Europe is relatively inexpensive, especially compared to traveling within the United States. There are many budget airlines that offer cheap flights – RyanAir, EasyJet and Vueling being just a few of them. If you plan early, you can get flights for under 30 pounds, depending on the destination!
4. Student Discounts
A major pro of being a student are the discounts, of course. Similarly to the United States, many places offer student discounts. I have been much more ambitious about looking out for student discounts while studying abroad, because I am more conscious of saving money. I always ask if venues have student discounts even when I am not sure, because the worst they could say is no!
5. Public Transportation
With Uber and taxis, transportation can be very efficient when traveling. However, public transportation is always a fraction of the price. Sometimes public transportation might not be an option, but when it is, I make sure to always utilize it. Sure, occasionally it can be time consuming, but if your priority is to save money, then public transportation is a great alternative!
With a little budgeting and effort, saving money abroad can be super easy! Simply by avoiding excess costs, taking advantages of discounts and cheap travel options, you can save money to spend on more exciting things during your travels. I hope my advice saves you some cash!