MONEY FLIES

Studying abroad can be a drastic change from the comforts of home. It can seem like a big scary world and sometimes it can be very challenging. Spending money wisely is one of the many challenges one faces at university.

While we all wish we were trust fund babies with unlimited funds, it unfortunately doesn’t work that way. Not only does our tuition fee cost a fortune, our parents have to provide us with an additional allowance as well and staying within budget can be a real challenge.

One of the best ways to avoid overspending is to stay away from distractions. America runs on marketing and would always entice you into buying things you would never use, ever. So put away that micro-luggage scooter. Nobody uses it, trust me.

Another great way to save money is to track your money. Apps like “Cleo” help you keep track of your spending and allow you to manage your budget wisely. It is very user-friendly and very handy. I recommend this app to anyone who has trouble managing money.

Moreover, it is important to separate wants from needs. Like I know you really want that Tory Burch bag, but do you really need a fifth bag? Ask yourself whether you can live without it. If you can, you have your answer. This doesn’t mean you can’t ever fulfill your wants. Save some money every week and buy the end of the month, treat yourself. No greater pleasure than money well-spent.

Textbooks too can be very expensive. A smart way is to buy from your seniors. They would have textbooks they no longer use and at cheaper prices; buy those. Or use e-textbooks. They can, however, be a strain on the eyes, so instead look for cheaper options online. Sites like “Chegg.com” and “Amazon” usually have cheaper options available. Go for the used ones.

I know college can be daunting, I felt the same way. But time makes everything better. Don’t put too much pressure on yourself, there are so many things you cannot control. Money, however, is one thing you can. So stay budgeted and let it be the least of your worries. It will be one step towards a better and more joyful college experience.