One of the best things one could have in an unknown state is financial support. Any student who opts for studies abroad is surely going to face the issue of budget restraints at some time in their trip. Many people leave their journey abroad in mid and return due to scarcity of funds. The education consultants in Pune understand this, and for this a like reason, they have provided a few tips for students. These tips are to help students in budgeting. If any student studying in a foreign state is facing any issues related to funds, they can take assistance from these points. Several times, students end up in situations that can be resolved with money. The below points will assist students in saving their money and help with budgeting.
5 Tips for Making Saving Easy
In times like today, money is one of the vital resources that a person requires. The students who study abroad all face the issue of budget restraints. Several of them face due to lack of funds, and others due to reckless expenses. The tips below are for both of these and will help them save. These tips are not just to help you manage funds while you are studying in a foreign state but for the rest of your life. One could feel these points to be generic and ignore them, but these are tested and used by students.
The experts who have given these tips have been sending students abroad for a long time, and this is why they are aware of all the issues faced by international students in a host country. If a student wants to get in touch with these professionals, he can attend the study abroad programs in Pune. There, these professionals provide counselling and will also assist you in understanding the process.
If a student takes their guidance in his study abroad journey, finance is the last thing that he would need to think about. These experts assist their students in admission and even in finding cheap stays and part-time jobs. If you are to take their assistance, your journey to foreign is going to be smooth and easy.
Get Cheap Stay With Friends
Students who go abroad often make the mistake of opting for hostels, and campus dorms. These dorms are very expensive and can be a major part of your budget. The education consultants in Pune advise their students to opt for renting a cheap apartment with few friends. It would allow you to be independent and save a big amount of money in your monthly budget. If a student rents an apartment with few friends, the rent is divided among all and does not burden a single person. On the other hand, if you are to stay at the campus dorms or hostels, you are going to bear all the costs alone. It would result in high expenditure and a tight budget. So, if you are also planning to go abroad for your studies. Opt for a rental apartment with a few friends over hostels and campus dorms.
Cook By Yourself
The students abroad often choose dining outside over cooking in and it makes their pockets leak. Oftentimes, it is seen that students who study abroad for several reasons eat outside most of the time. There are several reasons for this, but this practice makes their monthly budget cripple.
The education consultants in Pune advise their students to cook by themselves. In countries like the USA and UK, dining bills can be one of the crucial shares in your monthly budget. If a student dines out in countries like these for most of the month, the money spent by him would be around $800. Therefore, these professionals ask their students not to practice such habits and cook food in-house. Dining out once a week would not have this much impact on your monthly grant and can be done. So, if you plan on going abroad and have a tight budget, you can use this trick to save.
Utilize Student discounts
One of the common mistakes that a student abroad makes is not utilizing the student discounts. Many times, students are not even aware of such discounts and miss their benefits. These discounts are available on almost every platform, whether online or offline. Any student who takes advantage of these would surely end up saving money. Several brands like Apple, Nike, and Amazon provide great discounts to students. One of the best parts of utilizing such discounts is they are not known to several people. Therefore, you can take advantage of these for a long time. If you plan on going abroad for educational purposes, don’t forget to take advantage of such discounts and save a lot of money. These discounts will allow you to buy branded goods without spending more and hindering your budget.
Use Public Transport
Travelling is one of those expenses in one’s budget that has a lot of shares, but it is also necessary. But in numerous cases travelling is expensive due to lack of knowledge and information. Many students who study abroad often do not utilize public transport and use cabs and private taxis. There are several reasons for doing this, such as not understanding the tram system. The students who do not use public transport spend up to 80% more than those who take advantage of it. Taking a private cab in cities like New York can cost you somewhere between $14-15 for just a mile of distance. On the other hand, a metro would only cost you around a few cents. Therefore, the education consultants in Pune advise their students to take advantage of public transport rather than private cabs and taxis.
Use public libraries
For every student, coursebooks are a vital need. But purchasing new books costs a high amount and can hinder your budget. Procuring a new book is not necessary for you. Instead, you can get old books or go to libraries. Several times, private libraries can even cost you a lot for their subscription. So, if you plan to go abroad for educational purposes, it is advised that you enrol in a public library. Doing this will help you access all your course books at a cheap price. If students want to find such libraries before going to their host nation, they can go to the study abroad programs in Pune and contact these consultants for further assistance.
Conclusion
The students planning to go abroad on a tight budget often face various issues. The study abroad consultants understand this problem, and for the same reason, they have provided several tips that will allow their students to go overseas on a stiff budget. These points were created to help these students save money and complete their journey abroad with ease. If a student is to follow these steps, their journey to foreign is not going to be a hard one, and they will also be able to complete their degree without any financial restraints. Any student who faces any more issue are advised to contact these professional through the study abroad programs in Pune. Here, such professionals assemble and provide counselling sessions to students who dream of going abroad for higher studies.
