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6 Ways to Help You Afford Living Abroad

25 June 2018 No Comment

Many people, especially in their twenties, have dreams of living abroad. It lets you travel the world, experience new cultures, and try new things. Some are able to achieve this goal when they are enrolled in college through a study abroad program. Others do not get this opportunity, and want some way to finance it on their own. But living abroad isn’t always cheap, so you’re going to need to find ways to make it work. Here are just 6 ways that can help.

Start Saving Up

One of the best things you can do is start saving up your money now. You’ll want a decent amount of savings to fall back on, as you never know what you might face in a new country. This means you won’t be able to leave tomorrow for your trip abroad, but chances are that wasn’t your plan anyway. Open up a new savings account, and start adding in a little bit of money each week. The longer you can go without touching this money, the more that will be in there when you decide to leave. For more advice on how to save more of your money, you can check out this guide.

Sell What You Don’t Need

When you live abroad, you won’t need a lot of the things you currently have at home. For instance, when you leave the country, you may take things like your laptop, cell phone, and some clothes with you. But what about all of the clothes you aren’t taking? Or your furniture? Or even your car?

You won’t need your car when you travel abroad, and if it’s in bad shape, this might be the perfect time to get rid of it. For more information on selling your junk car, you can visit this link – Sell my junk car for $500. Take some time to think about the things you won’t need while you’re over there, and which you can replace when you get back. Take all of the money you get in sales and put it right into your new savings account.

Find Extra Work Before You Leave

A lot of us are living on a tight budget, making it hard to add to your savings each week. To bring in more money, you’re going to need to find some extra work. This doesn’t need to be a full-time or even part-time job if you don’t have the time. For example, if you like animals, you could offer to walk some dogs in your area. Quick gigs like this will bring in some extra cash, and help you to grow your savings more quickly.

Find Work You Can Do from Anywhere

Another option is to find work you can do from anywhere. This way, once you leave, you can pick up where you left off, and have some form of employment when you arrive in the new country. There are plenty of jobs you can do right from your computer and what you do will depend on your skillset. For some suggestions, here is a list of great work from anywhere jobs.

Have a Job Lined Up Where You’re Going

Once you get to your new country, you may be surprised at how quickly you start burning through your savings. Before long you’re going to need to replenish it, making a job essential. The best thing you can do is have this job lined up before you even leave. Research the town or city you plan on staying in, and then find some places in that area that might be hiring. Even if you don’t land the job outright, you could set up sometimes to meet them and go in for an interview. This will hopefully make the job search a little easier, and your financial situation a little less stressful.

Cut Costs

Finally, no matter how much you save up, it’s a good idea to cut costs when you travel. Find cheaper flights, share an apartment with someone, use public transportation, etc. You’ve worked hard to save up all of this money, so don’t blow it all in the first week because of poor spending habits. There are plenty of ways to save money as you travel, you just need to be willing to put some extra effort in and do some research.

Hopefully these few tips will help to make your living abroad dream a reality. Living abroad is a great experience that more people should enjoy, so if you really want to make it happen, start formulating your plan now, and then put it into action. Safe travels!

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