Studying in Europe can be a real life-changing adventure for Canadian students. Not only will you be immersed in a whole different culture, but you will have to take on all the responsibilities of independent living!
One of the biggest challenges Canadian students face when studying in Europe is budgeting. It might not seem like such a big deal before you leave, but once you’re there, you might find that money simply disappears without you actually being aware of what you’re spending it on.
That’s why it’s important to have a good budgeting plan and find ways to save while you’re studying abroad. This way, you will not only get the enriching experience of living and studying in a foreign country, but also learn the skills of money-saving and financial responsibility!
1. Plan Your Budget and Stick To It
It might be quite challenging to plan a budget before you even arrive at your destination, but it’s a useful step in estimating your expenses and controlling your finances while you’re abroad.
If you’re not sure how much you’re going to spend while you’re studying in a particular city, you can use Numbeo. After you pick the city, you can see the average price for a number of expenses:
Numbeo will show you the average prices you can expect for things like:
- eating out (both cheap and expensive restaurants)
- food and drinks
- transportation
- utilities
- sports and leisure
- clothes
- rent
You can also find out the average monthly net salary in the city that you’re studying in.
For an even clearer image, you can compare the city that you will be studying in with your hometown (e.g. Vancouver):
As you can see, there’s a cool ‘Difference’ feature that will show you how much more expensive or cheaper expenses might be, depending on the particular product or service.
As for budget planning, you can do it the old-fashioned way using pen and paper or in an Excel sheet on your computer, but you can also use some of these budgeting apps that include advanced options:
- Mint – the oldest and best-known budgeting app out there
- You Need a Budget (YNAB) – correlates your spending to your income
- Pocket Guard – great for exchange students because it prevents overspending and loss of control
- Mvelopes – for attributing portions of your budget to particular products, services, and activities
2. Find the Perfect Accommodation with the Help of Locals
Just like in Canada, the biggest portion of your budget will go to covering rent. Depending on where you study in Europe, rent prices can range anywhere from cheap to exorbitant.
Some countries, for example Central Europe, have a lower cost of living, so setting money aside for rent shouldn’t be that much of a problem. However, if you are studying in big, metropolitan cities like London, Paris or Barcelona, you will have to approach the problem of flat-hunting very carefully.
The first thing you need to be careful of is accommodation-seeking companies and agents. Sure, it might be easier to approach a professional company, especially if you don’t speak the language, but they are known to severely overcharge their clients, both in service fees and rent commissions.
The first step is to find the most popular websites for accommodation listings in your future city. If you find something you like, there will likely be no problem contacting the listing owner in English as the majority of Europeans speak English. If the apartment owner doesn’t speak English, seek help from locals who can communicate on your behalf.
Be very careful about booking long-term accommodation online without seeing it. One way to get around this is to stay in temporary accommodation once you arrive for a week or so. During this time, you can go see apartments and rooms in person and talk to the landlords face-to-face.
3. Cook for Yourself and Avoid Eating Out
When you’re a student, your schedule can be so tight that you often opt for takeout or eating in restaurants and fast food joints. However, if you do this often, it’ll quickly burn a hole in your budget.
By buying groceries from a local store or supermarket and preparing the food yourself, you can save a ton of money. According to Forbes, you can save up to 90% by cooking at home instead of eating out.
Cooking at home is not only good for your budget, but also better for your health. If you often eat out, you will likely be consuming a lot of carbs, saturated fat, and other unhealthy compounds. By cooking for yourself and buying your groceries, you can choose to have a more balanced diet and stick to it.
4. Watch for Tourist Traps
When you’re in a new city, everything seems exciting and you don’t want to waste any time and miss precious opportunities. You’ll likely want to some buy gifts and souvenirs for your family and friends at home, and might end up spending a huge chunk of your budget on these.
If you’re in a tourist-friendly city, watch out for places that overcharge their visitors such as tourist restaurants, cafes, bars, and shops. You will be much better off going to places where locals go and where prices are fair.
Try to postpone your souvenir and gift shopping until the last few weeks of your study-abroad adventure. By that time you will have already figured out where you can find the coolest stuff at reasonable prices.
5. Use Student Discounts Whenever You Can
Students in Europe can take advantage of many discounts that allow them to budget and save money on all sorts of activities and products.
Many stores offer student discounts, so do some research beforehand and find out which shops offer discounts and buy your stuff there.
You can also likely get student discounts for club entry fees, theatre tickets, movies, exhibitions, and much more. Using these discounts, you can fully immerse yourself in the social and cultural life of your host city without breaking the bank.
Conclusion
Being abroad, especially while studying, is like trying to stick to a budget on hard mode. Even if you’re great at saving money and living frugally back in Canada, there will undoubtedly be lots of temptations to spend money in Europe.
If you prepare in advance and prioritize budgeting during your studies abroad, you can save a lot of money and enjoy your unforgettable experience at the same time.
Having a plan, and taking note of a few of these tips will help you not to stress too much about money so that you can focus on enjoying every second of your amazing experience. You don’t have to overspend and live in lavish luxury to enjoy and have the best trip ever!,
Contributed by:
Kristin Savage is interested in writing and planning to publish her own book in the near future. Also, she has been a reviewer at IsAccurate for a few years and is known for her thorough approach to accurately assess newcomer translation services. You can find her on Facebook.
Discussion48 Comments
Thanks for sharing Budget Tips for Students Studying Abroad in Europe. it’s helpful for student who wants to go to study in Europe.
Recently ordered another written work from the company essay typer. During 3 years of my orders I was always satisfied with the work carried out: I got everything on time, there were no conflicts with writers, support always answered my questions, etc.
Good recommendations. It is very important for students to learn how to manage money correctly, because education is not cheap now and if there is an opportunity to save money, then this should be done. Another very good option is to combine study and work. For example freelance. You need to understand what skills you have and use them in your work. During my student years, I wrote essays for students on https://www.rush-my-essay.com/ I did what I liked and did it to be of benefit to other students and to make money from it.
Good recommendations. It is very important for students to learn how to manage money correctly, because education is not cheap now and if there is an opportunity to save money, then this should be done. Another very good option is to combine study and work. For example freelance. You need to understand what skills you have and use them in your work. During my student years, I wrote essays for students on https://www.essaygeeks.co.uk I did what I liked and did it to be of benefit to other students and to make money from it.
Good recommendations. It is very important for students to learn how to manage money correctly, because education is not cheap now and if there is an opportunity to save money, then this should be done. Another very good option is to combine study and work. For example freelance. You need to understand what skills you have and use them in your work. During my student years, I wrote essays for students on https://www.dissertation-service.org/ I did what I liked and did it to be of benefit to other students and to make money from it.
Got stuck with your college assignments? Check this link https://collegehomeworktips.com/how-to-write-a-critical-essay-top-guidelines-and-recommendations/ and easily sail through the course! You’ll get a pile of useful tips there!
You can visit youtube if you need to get any type of help!
I use only top writing services which help me with my hard essays. I glad to know i have enough free time for my hobbies and to hang out with my friends. I recommend these services for all students who need some help with their difficult essays.
I learned absolutely everything about my question when I read this post, thanks to the author for the detailed description. I wrote my review on the https://essaysservicesreviews.com/myperfectwords-review/ you can go in and read. Thank you very much for your attention and your time.
I learned absolutely everything about my question when I read this post, thanks to the author for the detailed description. I wrote my review on the https://essaysservicesreviews.com/myperfectwords-review/ you can go in and read. Thank you very much for your attention and your time.
Thank you so much for making this article !! I’ve always been interested in studying abroad ever since I was like 13 years old. I’m Dutch and I’m a freshman in college, studying Management Tourism so studying abroad is obviously talked about a lot. I’m for sure thinking about either studying abroad or doing an internship abroad in my third year of college and I can’t wait. Everyone that has done it always talks so positive about it and that it changed their life and hell yes I’m ready for it
https://customessayorder.com/
I love the this Drift Hunters. Its such good energy.
The information and facts mentioned in the post are some of the most effective that can be achieved
among us 2
I thank you for sharing this much useful information. I find this resource to be of maximum benefit to me. Thank you so much for your hard work.
This is really interesting, You’re a very skilled blogger. thoughts.https://essaysnassignments.co.uk/dissertation-writing-services/ Thanks for sharing your
nice article, I will decide why I want to study in Europe, not me, I have a very good budget, I will follow it.
Great Article. I liked it very much. Such an interesting website. I would like to share this website to my friends and relatives.
Hello,have a great gaming experience.
Have you bowed down before the here and powerful Oz? No, I’m not referring to the fictional wizard from Dorothy’s magical land. I’m talking about mass-marketed medical guru and Oprah protégé, Dr. Oz. And while he may be powerful, the scientific community is not convinced that his recommendations are all that great.
Students need high-class dissertation writing help when they cannot write dissertations themselves. And MBA dissertation writers UK the first name in the list of high-class writing help providers.
Students need high-class dissertation writing when they cannot write dissertations themselves. And https://dissertationsland.co.uk/mba-dissertation-help the first name in the list of high-class writing providers.
Students need high-class dissertation writing help when they cannot write dissertations themselves. And Dissertations Land the first name in the list of high-class writing providers.
During my student years, I wrote dissertations https://dissertationsland.co.uk/ for students on topics that I enjoyed doing in order to benefit other students and earn money.
MBA dissertation writers UK
I’m a gigantic aficionado of your sites and consistently observing every one of the articles on your sites. It transformed into magnificent cool submit and I have never been noticeable in no way, shape or form in my reality.
Hi! your post is very help full for me. your post give me lot of information and some tips thank for posting.
Assignment help for nursing students is one of the most difficult tasks a student faces during their academic career. However, not everyone has the ability to adequately express their ideas and claims; consequently, in such instances, it makes sense to delegate your job to one of the top assignment writing services, Write My Assignment.
wow
Great! Knowledge knows no distance!
I am accessible to supply substance or surveys on almost about anything point. I compose in a matter-of-fact way, but will cheerful to display any specific fashion asked.
iPhone Home Button Replace
I got caught in a tourist trap once, luckily nothing happened, scary for a new student
When you write a book, you have to market it. You have to sell your book to potential readers. This means you have to get your book in front of people. You have to make it book marketing easy for people to buy your book. This can be done through a variety of means, including social media and online book stores.
I am really happy to know this useful subway surfers website. It gives me a lot of interesting knowledge about everything around especially the content of the above article.
If you want to learn as much as you can, ask questions that allow for extensive responses. In contrast to the yes/no answers required by closed dordle questions, which are not shown here, open-ended questions encourage further discussion.
Studying abroad is a positive experience opportunity for students. However, passing the first year abroad is not easy. You may encounter language barriers, financial problems, and differences in teaching styles
Studying abroad in Europe is a popular option for many students due to the diverse range of cultures and academic opportunities available. Europe is home to some of the oldest and most prestigious universities in the world, offering a variety of disciplines and academic programs. Studying abroad in Europe can provide students with a unique opportunity to immerse themselves in a different culture, learn a new language, and gain a global perspective. Additionally, many European universities offer affordable tuition fees, and there are often opportunities to work or intern while studying, allowing students to gain valuable experience and expand their professional networks. However, on the other hand, coursework which is taught in European universities may be difficult. However, getting help from https://www.affordable-dissertation.co.uk/ may solve the problems.
It boasts a powerful motor, ample running surface, and ProShox cushioning to minimize strain on joints. The 905 CST comes with a range of built-in workout programs, adjustable incline levels, and a user-friendly console for tracking your progress.treadmillmaintenancetips
I would love to share it on my Facebook and Google Plus profile,
This is a wonderful article, Given so much info in it, Pay someone to do my dissertation
and keep on sharing more … good luck bedsheets in pakistan
Essay writing services can alleviate academic pressure. International students typically study in a new cultural and academic environment, which requires adaptation to different academic standards and language norms. This adjustment can lead to anxiety and uncertainty regarding academic performance. Through the use of Essay writing https://www.lunwentop.net/essay-daixie/ services, students can obtain high-quality papers and assignments, ultimately enhancing their academic performance and reducing the stress associated with academic responsibilities.
“Students Studying Abroad in Europe” refers to individuals who are enrolled in educational programs and have temporarily moved to European countries to pursue their studies. These students are typically from other countries and have chosen to study in Europe to gain international exposure, cultural experiences, and high-quality education in a foreign setting. See for UK Authors
Although collaborating with Essay ghostwriting https://www.lxws.net/particular.php?id=176 agencies through the internet is currently the safest option, at least we don’t need to directly meet with the writers, and it’s impossible for others to know about ghostwriting. However, cooperation on the internet is virtual and cannot guarantee good security. If the writer’s abilities are not very strong, it may also affect our rights. Especially when looking for Essay to write for us, we need to pay special attention to the writer’s ability. Through online cooperation, we also need to ensure good security.
In-App Purchases: Freemium apps offer free basic functionality but charge users for premium features or virtual goods. This model can lead to substantial earnings if the app provides value and has a loyal user base. https://arenabg.com/en/forums/-t466521.html#reply-72499
Different report ghostwriting https://www.lxws.net/particular.php?id=178 institutions provide different services, for example, some institutions only provide polishing and modification services, while others provide a full set of Assignment ghostwriting services. When choosing a report agency, it is important to have a clear understanding of the services it provides to ensure that it meets your needs.
Your first choice for sporting goods in dubai sports city is Uniswift.ae. Check out our huge selection of gear for different sports. Improve your performance with high-quality items that are easily accessible.
When you buy research chemicals online from us and need to get your parcel delivered quickly, we provide fast overnight
delivery to most major cities or – for more distant destinations.https://leechemstar.com/
These seeds are rich in fiber, essential omega-6 fatty acids, calcium, magnesium, manganese, phosphorus, thiamin, folate, and zinc. Used in higher doses, some studies suggest unwashed seeds added to tea have eased anxiety and promoted sleep.
https://primiumpoppypods.com/