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,
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