9 Money Management Tips For Students Studying Abroad
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09 September 2025
To manage money while studying abroad, create a budget that accounts for tuition, accommodation, food, transportation, and entertainment
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Open a local bank account to save on currency conversion fees
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Take advantage of student discounts on transportation, museums, and shopping with an International Student Identity Card
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Cook most meals at home to save money and eat healthily
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Use public transport or bike to reduce costs
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Find affordable accommodation, such as campus dormitories or shared apartments
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Explore free entertainment options like walking tours and public events
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Set up an emergency fund for unexpected expenses
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Consider a part-time job to supplement your income
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Prioritise your spending based on needs and requirements
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