August 21, 2024

Money-saving tips for 2024 US students

Money-saving tips for 2024 US students

Money-saving tips for 2024 US students

There are many questions raised by the students regarding the expense of studying in the USA. while studying in the USA is most expensive.

Studying in the USA is a dream of almost every international student. It opens new doors that lead to the personal and professional growth of international students. Although studying in the US brings new opportunities and experiences. But it is very expensive to study in the USA as compared to any other country. The quality of education provided by the US universities cannot be defeated by universities of other nations. 

However, several students dropped their plans to study in the USA because of the expenses. There are many questions raised by the students regarding the expense of studying in the USA. while studying in the USA is expensive. So, students have to spend their money wisely. 

In the upcoming paragraphs, we will discuss some money-saving tips for international students. So, they can manage their money wisely and make their journey better. However, if you need any guidance regarding the USA study visa process. Then, you must approach the best USA study visa consultants in Karnal.

Here is a list of money-saving tips for students studying in the United States:

Make a Budget Plan 

To manage your expenses while studying in the USA, you have to make a monthly budget plan and stick to it. While creating a budget you have to consider several things. For example, accommodation costs, travel expenses, grocery expenses, and other expenses. In this manner, you will get an idea of how much money you need in a month to survive. Moreover, it prevents you from spending money on unnecessary things. As a result, you can save a handsome amount of money in your bank account. 

Live Off-campus 

Living in the hostels of the campus is too expensive, especially, for international students. It will cost around $1200-$1500 monthly. Therefore, living out of the campus is a better option for international students. However, living in a private apartment is also expensive. So, it is better to go for shared apartments. In this way, you can divide your housing rent with your roommates. 

Scholarships 

You can also apply for the scholarship by studying in the USA. A scholarship provided by US universities aids you in managing tuition fees. However, you have to perform excellently in academics to get a merit-based scholarship. If you perform well in the first semester, you will be able to get the scholarship for the next semester. 

Part-time Jobs 

International students can work part-time while studying in the United States. The US government allows the part-time to international students. It is a lucrative opportunity for students to earn some extra money. As a result, you can work 20 hours per week for a minimum wage of $16-$20. Working just 20 hours per week allows you to easily manage your studies while also saving money for household expenses. 

Choose Public Transportation 

We understand that students dream of having their car while studying in the United States, but they are unaware that it will cost them an arm and a leg. Car maintenance is extremely expensive in the United States. Furthermore, you must pay for gasoline and diesel, which will result in high costs. As a result, it is preferable to use public transportation, such as buses and trains. This way, you can save more than half of the money and put it towards something else. 

Buy Used Books 

Purchasing new books will be a costly option. As a result, you can save money by purchasing used books. You can get used books for less than half the price of new ones. You can also purchase a library card to gain free access to books. 

Are you planning to move to the US for the upcoming intake? If yes, then contact the best visa consultants in Karnal who can guide you regarding the process of visa application. Along with this, you will get to know how much funds you must have to acquire your visa successfully. 

  1. Join Campus Organizations: Many clubs and organizations offer free or discounted access to events and activities.
  2. Use Cash-Back and Rewards Apps: Apps like Rakuten, Ibotta, or Honey can help you earn cash back or find deals on purchases.
  3. Plan for Large Expenses: Save up for big expenses like textbooks, tech, or semester fees by setting aside small amounts regularly.
  4. Get Health Insurance: Ensure you have adequate health insurance, either through your school or a family plan, to avoid unexpected medical costs.
  5. Review Your Subscriptions: Regularly review and cancel any subscriptions or memberships that you don’t use or need.
  6. Participate in Research Studies: Some universities offer paid opportunities for students to participate in research studies or focus groups.

Balancing a budget and finding ways to save can be a learning experience in itself, and these tips should help make your student life a bit more manageable financially!

Wrapping Up

To wrap up, money is crucial for survival while studying in the USA. therefore, you need money for the necessities, such as accommodation and food. Therefore, you have to follow the above-mentioned money-saving tips.