Managing Your Finances

Planning your finances when your life is relatively straightforward is difficult.

Planning your finances when you don’t really understand the currency, and you want to travel to all these fun places, and you want to have just one more croissant from the cafe down the street…is impossible.

Understanding currency exchanges can be quite difficult. Luckily, Google has a tool that can help with this. If you have a smartphone, you’ll be able to access it wherever you are.

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If you just type into Google “currency exchange”, this should pop right up. You are able to choose which type of currency you need from a drop-down list. Needless to say, the choices are extensive.

The next step you should take after figuring out your country’s currency is to take a look at your “big picture” number: how much money will you have for the duration of your trip? I’m not a financial expert, but I can tell you that this amount will differ based on the length of your trip and the location.

Next, you should make a list (write it down!) of your needs. This can include anything from housing to food and transportation. Check with your program provider on this! Different programs include housing or transportation. The categories on this list should be essential aspects of your life.

Finally, perhaps consider taking a look at the International Student Identity Card, which can get you discounts in more than 130 different countries. This would also be a good way of proving your student status if necessary.

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