Let’s admit that saving money is not simple for a student. However, it is no secret that having cash in your pocket can lead to less stress. If you are also one of us who is struggling to save money while studying abroad in Stoke-on-Trent, then it is time to go through these secrets. With our tips, you can learn how to save your money.
Tip 1: Learn how to set a budget
First and foremost, it is important to make and stick to the budget. It is a valuable ability you will need to handle your money when traveling. Even if you have a lot of money but do not keep track of where your money goes, you might end up having no money at all. In this first, budgeting can be intimidating. It is easy to make mistakes but learn not to repeat your mistakes. Learn to stick to your budget and later try to reduce those expenses. To splurge on the weekend, you need to save more on the weeks.
Tip 2: Hunt for scholarships
If you are planning to study abroad, then you might know about hunting for scholarships. You might not be aware of how to start with the process. The simple way is to ask the university, recruiter, or consultant for the available scholarship opportunities. You need to ask your home university too as you can get a scholarship from there. When you have a scholarship, studying abroad on a budget can be easy. So, do not forget to fill out the scholarship application you need to be qualified.
Tip 3: Look for student discounts
Most of the countries offer student discounts on different things. If you are a student, then you can get discounts on transportation, museum tickets, or other attractions. Many food joints also provide discounts after showing the student ID card. Remember to sign up for a student travel card that offers discounts on flights, stays, and others. Taking advantage of such discounts can be beneficial. Don’t hesitate to show your student card for discounts.
Tip 4: Master public transportation
As much as we all dream about skipping the crowd and commuting in a taxi, this is not feasible when you are navigating the way across the city. If you need to travel without spending a lot of money then you need to master public transportation. You need to invest in a bus or rail pass to save more money. Look for travel cards and passes in your city and travel with ease. If you can save money by riding a bike, then go for it.
Tip 5: Learn to cook at home
There is no shame in cooking food all by yourself. As many people say food is the love of your life, so it is important that you learn how to cook. It is shameful that we spend a lot of money on buying food rather than preparing at home. If you love cakes, then try your hands on baking or you can learn some unique dishes from your home country. By making the best food, you can impress other roommates too. This way you can make friends and stop spending more on food. Also, if you love to drink tea or coffee, then learn to make it. A cup of morning coffee from your nearby café can put a hole in your pocket.
Tip 6: Shop wisely
If you are short on budget, then it is best to ask for discounts or bargain with the sellers to get a deal. The students can fail to request a student discount which can be around 10-20%. You can save a lot of money on more costly purchases. If you cannot find things under budget in physical stores, go online and look for things at discounted prices. For instance, you can find old books which can be found on sites such as eBay and Amazon. These platforms are also best if you need to sell your old books.
Tip 7: Research for pocket-friendly accommodations
Accommodation is one of the biggest expenses when studying abroad. You must do your research and explore the best deals. You need to consider the budget and prioritize when making a decision. It is important to ask your school for recommendations and read the reviews online about student accommodation in Stoke on Trent. You need to compare prices and amenities and look for hidden costs. It is also important to factor in the cost of traveling to and from the universities and other activities.
Final Thought
There are many ways to save money, however, it is also important that you increase your monthly allowance. By getting a part-time job, it is best to save your hard-earned money. If your visa allows then it would be smart to consider getting a side job. Go for something that is not too time-consuming. Maybe, you can work as a part-time barista. This can be one of the best ways of meeting new people and enhancing your language skills.
Also Read : Top Universities in Lisbon for International Students
