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5 Hacks to save money while studying abroad | Edukasyon.ph
Study Abroad

5 Hacks to save money while studying abroad

Truth be told, living and studying in any foreign country can be quite expensive. Studying abroad not only means “studying,” it also means traveling around the country, visiting tourist spots, trying out local food, and socializing with the locals. But, don’t worry! There are many ways to save money and maximize your study abroad stint:

  1. Identify your non-negotiables and work on a budget around it.
    Planning ahead is always a good idea. Once you’re settled in, identify which expenses you can’t live without (food, accommodation, daily transportation), and create a budget around it. Make sure that all these non-negotiables are covered before planning for weekend trips and going on tours.  
  1. Know your route and take public transportation.
    Unlike here in the Philippines, public transportation options abroad are way cheaper than using taxi or Uber to go from one point to another. In your first few days abroad, make sure to explore your residential area, especially if you don’t live on the campus. Explore different routes and public transportation options for you to know which one is the best. Some universities even offer free bus trips around common school routes so be sure to ask around during orientation.
  1. Take advantage of student discounts and perks.
    Research for student benefits and discounts offered in your host country. Perks may include provision of meals, discounted rates on accommodations, and even discounts on school supplies and other necessities! Talk to your peers, resident assistant, or the international students office, and get tips from upperclassmen about it – they will surely help. Remember, every penny you save can be added to your travel fund!
  1. Watch out for airfare promos to go around the country.
    Studying abroad is also your best chance to travel the world. That said, take this opportunity to explore as much as you can without breaking the bank. ‘Piso Fare’ may not exist in your host country but you can still get cheap flight tickets with various low-cost carriers, or try long-haul bus and train rides! Always be on the lookout for flight promos, as well as travel app promos, to cut back on travel costs.
  1. Reach out to your relatives. 
    Connect with your relatives in your host country, if you have any. Quit the concept of ‘hiya’ and chat with them as they know their way around the country more. Ask for tips on where to eat, do your groceries, and shop when you’re on a budget. What’s more, they will always be there for you especially in times of emergency.

Don’t let the thought of how studying abroad can be expensive get in the way! There are ways to cut costs and still get the full experience! For more tips on studying abroad, check out Edukasyon.ph.

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