How To Be Money Smart While Studying Abroad

how to be money smart while studying abroad

I very recently returned from a study abroad program in Ireland (so you can definitely expect a couple more travel-related blog posts in the coming weeks!) and it was pretty much my first time traveling to another country, so of course there were some things that were completely new to me. Let’s be blunt here. Studying abroad is EXPENSIVE. there are program fees to pay, tuition, application fees, and after you get accepted to the program you have to buy travel essentials and convert currency. One thing you have to be sure of is that you’ll have enough money to last you the entire duration of the trip. And this is where you might start to worry….

You’ll feel like you need to have EVERYTHING in the shops; you need to buy gifts for your friends, parents, and siblings, and don’t you even dare return home without picking something up for your mom’s cousin’s daughter — you’ll never hear the end of it if you do. Not to mention the fact that you’ll have to pay for daily meals and anything else that comes up. Here’s how I managed my spending while abroad while still making room to treat myself (and my family and friends).

1. Pack the medications you use on the regular so you don’t have to purchase them abroad.
This is more of a pre-departure preparation but it can save you some cash. If you know you use Tylenol when you get headaches, pick up a travel pack of it before leaving home. If you’re prone to catching colds, make sure you bring some cough drops and some of your cold medicine. It can be costly to have to run out and purchase these things while abroad. And, depending on where you travel to, it can be difficult to find a pharmacy to purchase these things. It’s much safer to just come prepared with these items. I also have a post on everything you should pack for study abroad, if you’re interested.

2. Don’t go out drinking every night.
Chances are, the drinking age abroad is lower than the one you’re used to in your country. In the U.S., the drinking age is 21 but in Ireland the drinking age is 18. It can be tempting to go out and have some legal fun and not be carded at every pub or bar you enter, but don’t let the fun go to your head. One drink may be just five dollars, euros, pounds, or whatever, but all those drinks will add up fast, and before you know it you’ll barely have money left for souvenirs.

3. Bring a refillable water bottle.
Continuously buying bottles of water at the store can get pricey. On day one, I bought a bottle of water from the vending machine and it cost two euros, which I thought was pretty expensive. Having a refillable bottle handy will allow you to quench your thirst wherever and whenever. And I promise I’m not trying to sell you water bottles, but that’s just how useful they really are.

4. Make sure you love it, not just like it.
High quality items can be extremely expensive, so make sure you’re dropping the big bills on something you actually really, genuinely love. Sometimes when you see something eye-catching you just can’t get it out of your head and you feel like it was made for you. That’s when you snatch it up.It can be difficult to convince yourself that you don’t need every single keychain in the store. I didn’t purchase too many things for myself because even though I saw so many pretty things, I knew that there were some things that I wouldn’t feel bad about not buying and I was right.

5. Splurge on authentic rather than tourist target.
There will definitely be some items that you see in basically every single gift shop, and often times the prices of these items vary and can get quite high. After a couple of days in Ireland, I made a list of things that I will NOT purchase at tourist gift shops: jewelry; woolens; hats; chocolate; tea. There are specific shops that sell these items in AMAZING quality and while they may be a bit more expensive, I knew that I’d be purchasing the very best for someone I care about. It’s much better to dish out the extra dough on something authentic rather than picking up the lower quality stuff at tourist traps, in my opinion.

How To Be Money-Smart While Studying Abroad

6. Look into purchasing city passes.
City passes basically allow you to visit certain attractions and use certain transportation for free while you’re in a specific city. Of course, you do pay a fixed fee for the city pass so everything isn’t exactly free but it does save you money. Why go in your pocket to pay the bus fare every time you want to go somewhere when you can just flash your pass and be on your way? Be aware that city passes are not universal and therefore not every city offers them. If you aren’t sure, visit the tourist center where you’re staying and you’ll have all the information you need.

7. Ask your professor for the dish on the best places to eat and find some items.
The professor who supervised our study abroad program was extremely knowledgable about where to get certain things for the best price, best quality, where to get the best dishes, where the grocery stores were, what closed at what time, and all that other important stuff that we usually don’t think about before heading out. Simply asking questions can be key to saving yourself money. And if you’re on an exchange program and don’t have a supervising professor, don’t be afraid to ask some locals for their opinions!

8. Use Trip Advisor.
This is another alternative to asking your professor. Trip Advisor is pretty trustworthy and can help you find what you’re looking for. Read what people have to say about certain restaurants so you know if the food is good for the price before you spend money. Get a consensus on attractions before you pay admission. This can definitely save you a couple of bucks.

9. Limit the laundry.
If your program is just a couple of weeks long like mine was, aim to do laundry just once or twice in large loads. Laundry wasn’t easily accessible everywhere I went and some places were very pricey. I grabbed a couple of other students in the program and we put our laundry together to form one big load because none of us wanted to pay a lot of money just to wash underwear and a couple of sweaters. We split the costs and I paid less than three euros to do my laundry. To limit the laundry, make sure you pack enough clothes for the trip and only pack what you’ll actually wear so that unnecessary pieces of clothing don’t take up space in your suitcase.

Another great thing that really helped me out was packing a Tide-to-go pen. When I was eating dinner one night, I got a splash of soup on the sleeve of one of my prettiest sweaters and it was only my first time wearing it. I didn’t want to just throw it to wash because it was really early in the trip and I didn’t have enough clothing to wash. So I just used my Tide to go pen and it took care of the stain so I could still wear the sweater until I was ready to wash clothes.

10. Keep your money safe.
This is one of the most important ways to be money smart wherever you are. Keep an eye on your cash as well as any credit or debit cards that you bring. Know exactly how much you have at all times so you’ll know if you’ve lost money. Don’t leave your wristlet on the table at dinner and walk away, even if a friend is watching your stuff. There’s not much they can do if someone swiftly walks by, swipes your purse off the table, and is out the door before your friend can even blink. When walking in crowded areas, keep your bag or purse in front of you and close to your body.

11. Get a tax card and also ask for tax receipts every time you make a purchase.

We received Horizon cards on day one and were told to present the card whenever we made a non-food or beverage purchase. The prices on the items already included tax and because we were just tourists, we’d be able to get that money back upon leaving the country. DON’T forget to ask the cashier if the store scans Horizon cards. If you’ve been buying up a ton of gifts for family and friends, you will lose quite a bit of money if you forget. I definitely forgot to use my card for a lot of purchases, and it’s too late now. Check to make sure that the country you’re in can give you some kind of tax card. Stores that don’t scan tax cards will usually give you a tax receipt that you can fill out.

What are your tips for being money smart while abroad? 

Related posts: 13 Tips For Saving Money In College, 9 Things You Must Consider Before Studying Abroad

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9 Things You Must Consider Before You Leave For Study Abroad

9 things to consider before studying abroad

I’m studying abroad in Ireland this winter (yay!!!) and it’s going to be my first time traveling outside of the country since I was four years old, and I’m pretty darn excited. I’ve heard so many things about how life-changing study abroad is and how it’s “the experience every college student should have.” You’ve probably heard the same spiel that I have. I recently had my study abroad orientation at school and we covered so many things that I didn’t even think I’d have to think about while abroad. Honestly, the only things I prepared for prior to orientation were purchasing my ticket, converting the currency, and buying some travel essentials. If you’re studying abroad in another country in the near (or far) future, DON’T even so much as pack a suitcase without considering these things.

1. Your health insurance while abroad.

I got that “oh crap” feeling the moment the presentation turned to health insurance because guess whose mind insurance never even crossed…My school puts study abroad students on a special health insurance plan because accidents can happen and you need to know how much and what costs your insurance will cover. The plan makes it easy for us to report and check claims from our phones, and we can also find other services this way. Ask your school’s study abroad office if they offer an insurance plan that you can be put on.

2. Can you get your prescription medication in the country you’re traveling to?

One important thing to note is that while you’re abroad, you should not be changing anything in your routine. Some people who travel abroad during intersession think that it’s okay to not take their medicine because it’s “only three weeks.” Make sure you bring your medication and also see if you’re able to get it in the country you’re traveling to in case you lose it or something. This website called the Drug Translation Guide is great for figuring this out. Your medication may also come under a different name and dosage, so figure this out before you board a plane.

3. Your passport expiration date.

Did you know that if your passport expires within six months of your return date to the United States, you may not be able to get back into the country? Yeah, neither did I. I’m not travel expert, but this may be an important detail to take into account.

4. Currency conversions and payment options while abroad. 

Converting your currency is a huge thing to consider before traveling — how will you pay for meals and other things you’re going to purchase? You can convert your currency at your bank, but be aware that you may actually have to order the conversion in advanced, and the rate may change daily depending on your bank. Also inquire about any conversion fees. You definitely don’t want to just pick yourself up two days before your departure and go to the bank to try to convert your money. Another thing to consider would be whether or not you can use your debit card or any other cards while abroad. Be sure to find out which cards are accepted in that country. Leave yourself with enough time to consider money matters for your trip.

5. Packing a voltage and plug adapter. 

My heart practically fell when they told us not to bring straighteners on the trip because using a U.S. flat iron in Europe could practically set a floor on fire. Even with an adapter. The current isn’t the same in every country, so make sure you know what items you need in order to be able to use certain electronic devices. Essentially, you need a voltage adapter for anything that heats up — hair dryers, curling irons, and computers if they don’t have a built-in voltage adapter. This is probably one of the biggest items (besides your passport) that you can’t get away with not bringing with you. If you have any doubts, ask your study abroad office what electrical items are and aren’t allowed in the country you’re visiting.

6. The other country’s social etiquette. 

Another really surprising part of orientation came when we were discussing the social do’s and don’ts while abroad. What may be appropriate behavior and attire in your country may not be appropriate in another country. The professor my group has been traveling with has been taking students to Ireland for many years now, and is of Irish decent herself, so she was able to tell us a lot about what to expect and what not to wear. Let me tell you, I probably would have packed a couple of clothing items that I wouldn’t have been able to wear if she hadn’t told us otherwise. Getting a feel for the country’s social norms can really help you decide what to pack and what to leave at home, so do your research! Also research what gestures are considered rude in the other country. A peace sign with your fingers may be cute in your country, but in another country it can be highly offensive.

7. Alcohol. 

We were told that with a lot of students, alcohol consumption nearly doubled while they were abroad. This can do with the drinking age being different in another country, and everyone else around you may be drinking so you might think “why not?” I know that talking about alcohol isn’t all that fun and I like to talk about fun stuff, but it’s still something to be aware of. Make sure you continue to do what you need to do in order to look out for yourself and keep yourself safe.

8. Class materials such as textbooks. 

It is still STUDY abroad, aka you’re not on vacation and you still have classes to take and probably homework to do. Find out what things you’ll be expected to bring for class time. The only things I’m required to have are a textbook and a journal for documenting the trip, but make sure you know in advanced if you must order the textbook or if you can rent it or get it from your school’s bookstore.

Related: The Ultimate Guide To Buying Textbooks In College

9. Preserving the memories you make. 

Do you plan to bring a fancy DSLR? Will you just stick to using your phone? Do you want to have instant prints using an instant camera? Consider how you’re going to take photos while you’re away. I hope to purchase an instant camera from FUJIFILM before I leave so I can have adorable, tiny prints for my travel journal, so definitely let me know of any good deals on an Instax mini! Preserving memories isn’t just limited to taking photos. You can also start a free blog, a vlog on YouTube, a scrapbook, or a journal, to name a few.

What other things should you do before leaving for study abroad? 

The Awkward Traveler’s Guide To Manhattan Part One: Basics + Battery Park

If you’re like me, you’re probably not one with the New York City subway or the bustling streets and skyscrapers that make your head hurt when you look at up at them. You aren’t too sure about what else Manhattan has to offer besides the Empire State Building and other notorious landmarks. I’m just starting to make my way around Manhattan, which means I’m getting to know some streets, eateries and really cool things to do in the city. For my fellow awkward travelers who still get confused when finding the correct platform at train stations, I made this guide: The Awkward Traveler’s Guide To Manhattan. I figured it would be a great way for me to document my experiences with traveling through the big apple. Plus, the information I share with you just might come in handy on your next trip to the city. Without further ado, let’s get into part one of this multi-part guide!

The Basics…

There are a few things that I picked up on my last two trips to the city. These might sound like tips for “dummies,” but, hey, when you’re not a very gifted traveler there’s no such thing as a dumb tip, so feel free to shoot a death glare in the direction of anyone who makes fun of you for it.

Plan to spend an entire day in the city. There’s no such thing as a quick trip to the city. Plus, you should totally try to get your train money’s worth by spending as much of the day in Manhattan as you can. It might feel like a chore if you aren’t used to waking up early, but plan to get dressed and ready to leave your house before 10am. It definitely takes time to reach your destination and you wouldn’t want to cut your experiences short because of the commute. 

Awkwardness loves company – bring a friend! Chances are you aren’t quite ready to take the city of lights by storm all by yourself just yet. Getting yourself lost sounds pretty scary, but getting yourself and friends lost sounds pretty hilarious (and memorable in a good way). Don’t feel shy about asking your friends to tag along with you. On my last trip to the city I went with my best friend, her sister and our other friend. Even though you can enjoy the city by yourself, being with company pretty much guarantees an amazing time. Your friends can catch you when you fall (or when you almost trip over a section of cracked New York City sidewalk because you just had to take the pic for your Snap story). The beauty of it is that there’s no need for perfection on a trip to the city with some besties. 

Google maps is the only tour guide you’ll need. (No offense to tour guides or anything). Google maps was literally how we found our way around the city from start to finish. It was really great for the commute when we took trains and had to find the correct stops to get off at. Plus, it helped us find an awesome eatery for lunch, a cool museum and other fun things to do. Google maps is with you literally every step of the way. I have always been that person who would go online to to get super detailed public transportation directions as printouts, so I’d literally be pulling stapled pieces of paper out of my bag in the middle of wherever I was to check what my next move had to be. That’s probably as awkward as it gets. You’d be surprised at how intricate Google maps can be yet how simple it is to use. You literally cannot get lost (no matter how bad you are with directions) if you’ve got this app in your pocket. 

There’s nothing wrong with looking like a tourist. Stop thinking that everyone who walks past you as you try to take a picture of the flatiron building thinks that you’re a tourist. Well, excuse the crap out of me if I’d like to photographically document memories and breathtaking sights because I’m not in Manhattan 24/7. Also, if you’re going to take a picture of something, you’ll get a way nicer pic if you actually stop walking long enough to focus on your object or scene. I failed to realize this one or two times and ended up with pics that were okay but not as brilliant as I would have liked them to be. I actually stopped to take this one and it actually came out alright. See my BFF in the pink hat. 


Fashion do or don’t: Handbags in the city. Lugging around a big, but stylish, sack through the city doesn’t sound very enjoyable. I don’t really like carrying handbags or purses, but I’ll take one if I have things to carry that can’t fit in my pockets (or if I don’t have pockets because leggings don’t!) So I borrowed my mom’s handbag because that day looked pretty cloudy and I felt the need to bring an umbrella in case of rain (playing it safe is a pretty good idea). My best friend survived our trip to the city with no purse, no handbag and everything in her pockets. Amazing. To be honest, I felt the need to clutch my bag at all times because I didn’t want someone trying to swiftly snatch my bag with all my crap and run off. Ultimately, I say don’t feel like you have to bring a fancy bag because you’re going to the city where all the other ladies will be rocking fancy bags (because I kind of felt that way. Just a smidgen). A small cross body can suffice. If you have no good reason to sport a bag that’s bigger than your head, don’t. 

Battery Park…

On my trip, my friends and I hung around the Battery Park area, which is the southern tip of the city. I discovered some interesting things there that I hadn’t realized existed. One of the best parts was that they were, wait for it…free! Not having to be bothered by costs and paying for stuff is like music to an awkward traveler’s ears (or any traveler’s ears for that matter).

3 Free Things To Do In Battery Park

Ride the Staten Island Ferry. I had a wonderful time riding the Staten Island Ferry from the terminal located in Battery Park. You can read all about that experience hereYou can catch the ferry from the terminal on Whitehall Street. The ferry is free and arrives every 30 minutes. You could actually take the ferry to the St. George terminal in Staten Island and then get right back on the ferry for the return trip to Manhattan. If you’ve never travelled over water by boat before, I highly recommend you go for a ride on the ferry! 


Go to the National Museum of the American Indian. Okay, I didn’t actually set foot in this but my friend found it and went in while she waited to meet up with the rest of us. This is one of the few museums where admission is free for everyone. There are exhibits that cover Indian history all over the Americas. If you’re into museums or learning about the American Indian culture then I suggest you take a look. 

Relax at Elevated Acres. Elevated acres is literally a park on top of a roof. Yes, you read me right. There’s an open turf that’s perfect for a picnic with an S/O, some nice plant life that would be great for photos and you can watch helicopters take off and fly around the water. We found this place thanks to none other than Google Maps. The only cost is a little exercise, if you’re not particularly fond of it, because you have to walk up stairs to get to the roof. I would definitely like to return in the summer to get pictures of the flora when they’re in bloom. Nothing wrong with looking like a tourist, right? 

Awesome Eats in Battery Park

Shake Shack. Shake Shack is a heavenly place with heavenly burgers, heavenly fries and heavenly milkshakes! Did I mention this spot is absolutely heavenly? You will devour one of the most delicious burgers of your life here. I highly recommend the black & white milkshake and cheese fries. The price is totally worth the quality of the food, and they can accommodate to serve dietary needs or restrictions. Just let the person taking your order know. 

Financier Patisserie. This is an adorable little eatery on Stone Street in Battery Park. Patisserie specializes in French pastries and is actually home to some of the city’s best macarons. I can’t speak for fans of macarons because I’m allergic to almonds, but my friend got the chocolate macaron and said it was really good. I had a slice of the fraisier, which is a delicate little cake with strawberries and creme. #quality. This is also a good place if you’re looking for a hot sandwich and coffee. 




So hopefully you’re starting to see that getting around the city isn’t as dreadful as you might think it is. Plus, if you’re ever in the Battery park area, you’ve got a great place in mind for lunch and dessert, after you work up an appetite after the free attractions, of course!

Be on the lookout for Part Two!