Australia is a lucrative place for students to pursue higher education. But a question that always looms in the mind of students is “how can we study in abroad?” because the cost of living in Australia is very high. So, we can see many students wondering, “how can I study abroad in high school?” rather than where to study abroad in Australia. So, cutting costs is the only way to ensure students don't find any trouble adjusting to a new life in Australia. Here we discuss a few ways how you can do that –
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- Control your food expenses
According to surveys, students spend the most on food after moving to a new country. They cannot find a fully stocked kitchen immediately after settling down. Many students also lack the necessary culinary skills to cook wholesome foods in their everyday lives. So, they tend to eat out a lot and blow out almost all of their savings. The temptation to try new cuisines is also there.
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However, they must learn not to succumb to such temptations if they settle in Australia. Learn how to cook yourself, and get yourself a small induction oven. Once you start cooking your own meals, you can find that you can easily save money each month.
- Travel Expenses
When you move abroad to study, always consider the option of staying on campus. Compare the rates of the hostels and decide if it’s more economical for you to commute daily or stay inside the campus. Also, try to avail as much public transport as you can. Australia has a great public transport system, which is the best way a student can save money daily.
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- PEARL Method
Try to implement the PEARL method in your daily life. PEARL can be explained as –
P – Postpone. Ask yourself if you delay the purchase of an object.
E – Eliminate. Get rid of anything that isn't bringing value or joy to your life.
A – Avoid. Avoid any circumstances that can force you to overspend.
R – Reduce. Reduce the intake of what you like.
L – Love. Spend solely on the things you love.
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However, you must ensure that you are not living like a deprived soul in the quest to save money. Spend when it is absolutely necessary, and you can find your expenses going down drastically.
REF:- http://www.renexus.org/network/read-blog/90899
