Studying abroad gives you an insight into the world, allows you to experience different cultures and enhances your survival skills. It’s a lifelong journey of learning through everyday experiences. Considering you are not in your hometown and have a limited supply of cash, every penny counts. Easier said than done, here are some real and practical tips to help you save without missing out on the fun.
Budget Your Expenses
There are so many pros and cons to living in a new country. You get to explore, make new friends, and eat different cuisines, but at a cost. To avoid overspending, set a monthly budget—because let’s face it, money disappears faster than you think. Outline your income and divide your expenses into two types: fixed (like rent and bills) and variable (like travel or eating out). After this, keep a percentage of your income as emergency funds. This will keep your finances on track and help you save, just in case. If you find it challenging to create such a budget, try using some budgeting apps.
Monzo—a free banking app with built-in budgeting features and saving tips.
Splitwise is another free budget app for organising and splitting shared expenses.
Snoop connects all your bank accounts and tracks spending patterns for free.
These budgeting applications are great for students who like organising their expenses and keeping transactions in one place.
Learn to get Student Discounts
Attending university gives you access to some amazing perks. One of them is student discounts, which are special deals offered to domestic and international students in the UK. Many online and offline stores provide students with savings on various items and experiences. These discounts apply to online shopping, in-store purchases, food, entertainment, and travel. You only need a valid student ID and passport (for international students) to make the most of these cash-saving benefits. Once you have your documents together, sign up for a student discount card and register on platforms like UNiDAYS to get discount codes and save on purchases. With a lighter financial load and flexibility to do what you love, you can enjoy your student life to the fullest.
Network and Find Internships, Jobs
The very thing an internship offers is that it can provide work experience for students. One earns while one learns, and sometimes it is possible to see an offer for full-time positions. Searching for internships is a time-consuming and challenging task.
Vita Student organises networking and job-related events to facilitate your use of different job boards and resources to acquire that first internship. Landing an internship remains an achievement, but it all starts with identifying worthy opportunities as the first step. If you are looking for a guide, check out our recent blog on Finding Internships as a Student.
Choose an All-Inclusive Accommodation
When you plan to study abroad, you will be exposed to a life filled with fun, food, and socialising. To make this chapter of life memorable, you must choose an accommodation that gives you a homely feeling and a hassle-free living. At Vita Student, we value our residents’ experience. We are an all-inclusive student accommodation that has you covered from bills to breakfast. With us, you will also be strategically located, saving lots on travel and going out, as everything is on site.
