One of the most difficult parts about studying abroad is definitely trying to deal with money. Between exchange rates, booking flights, and traveling around in your host country, there are a lot of things you need to think about. This graphic below is definitely helpful, but here are some of our tips for saving money:
- Convert your money (from dollars to Euro, Pound, Yuan, etc.) before you leave the U.S. This can save you a lot of hassle later. Having money on hand when you land in you country is also a great idea. That way you can pay for cab fares if your host university doesn’t provide a pick-up from the airport, or if you’re hungry from that long plane ride, you have some cash to grab a quick snack.
- Don’t be afraid to stay in hostels! Not only are they super safe, they’re also much cheaper than hotels. You can meet some awesome people there and save money for your trips.
- Don’t feel like you have to try every restaurant in the area. Sometimes the street vendor food is more amazing that the restaurant food (here’s to looking at pretzels Berlin).
- Don’t be afraid to fly when you’re in Europe. Flights can be very cheap because Europe is so close together. Elsewhere might be as well, so never be afraid to look around and check it out.
- Check to see if the train is cheaper! Instead of flying, book a train ride to your next destination.
Money is always a huge factor in study abroad trips, but don’t let it keep you from doing something amazing!