It is useful to create a budget for studying abroad because it helps you keep track of your finances and exactly what you spend money on. There are many expenses students might not take into consideration when studying abroad; for example, grocery shopping, housing, buying supplies, clothes and having extra for emergencies.
The budget serves as a guideline for how much money you want to spend. Start by writing out every category you think you’ll spend money on and then prioritize. Prepare extra money for the first few weeks because you never know what will come up right away. After that, set aside money for food and housing. Then decide from there how much money you want to put toward everything else.
Compare your weekly spending to your expected expenses to make sure you are not over-spending and you always have money left over for emergencies. Many universities have pre-made budget plans (try this great budget calculator from Yale) available for students studying abroad, but, if they do not work for you, feel free to make your own.
Read This Next
This Internship Has You Cuddling Cows
Trends
Apr 24, 2024#TrazeeTravel
Insta FeedSlideshow
Apr 23, 20247 Must-See Sites in Curaçao
It’s time to start dreaming of your next trip. Here are seven must-see sites in Curaçao.
Sponsored Content
The Argosaronic Islands Are Calling
The Saronic or Argo Saronic Islands of Greece call travelers to explore its seven small islands and islets brimming with history, natural sites and more. With most easily accessible by boat, the islands’ proximity to ports of Athens make the Saronic Islands an ideal destination for those preferring shorter boat rides. In fact, trips from Athens ports to the islands take only between 10 minutes and two hours, depending on the island you choose, making them perfect for day or weekend trips.
Surveys
Apr 23, 2024Going the Distance: Which Airports Have the Longest Walks?
You’re in between flights and ready to find a coffee and your next gate and settle in. But then you find the signs to your gate and look down the impossibly long corridor and wonder how you managed to have the gate at the opposite end of the airport.
Keep Your Road Trip Smelling Good with Purggo
The last thing you want during a road trip? A stinky car. Luckily, Purggo is here to help —without filling your car with a bunch of nasty chemicals that really only just make you cough and cover up the stench for a short time.
Sponsored Content
Interior Upgrades Begin Rolling Out Across United Fleet
United Airlines is in the midst of a major initiative to modernize its fleet over the next several years. After first announcing the plan in 2021, planes fitted with United’s signature interior are finally beginning to appear across the airline’s narrowbody fleet of Boeing and Airbus planes. United flyers are sure to notice these enhancements from the moment they step on board: Each new or updated plane sports remodeled seats, seatback entertainment screens for everyone, Bluetooth connectivity and more, all adding up to a better experience on every journey.
Hotel
Apr 22, 2024Fairfield by Marriott Brand Debuts in Copenhagen
Fairfield by Marriott Copenhagen Nordhavn recently debuted in Denmark. The opening marks the European debut of Marriott’s Fairfield by Marriott brand. The design prototype from OCCA Design Studio will be used as the blueprint for future Fairfield by Marriott properties throughout Europe.
ShareThis