Money Anxiety and Stress Hat3

When they think about how much money they've spent, some international students feel embarrassed about buying something that they bought.

What do we do in this case?

To save time and trouble, set a spending limit in your monthly budget.

Rather than doing mental math, use spending tracker apps like Mint, YNAB, or Notion.

To avoid getting burned out from being too strict, allow yourself to feel guilt free about saving some school or being social.

The Anxiety about "Not Predicting" How Much Money You Will Make

Not knowing whether assistantships, internships, or part-time work cover the costs of living can be a source of frustration.

Here is what you can do about it:

To understand what you actually need, write down all of your fixed expenses, such as rent, bills, groceries, and insurance.

Consider when hiring is usually the busiest in the year and how the visa hour limits affect the company you dream of working at.

Diversify your income by applying for research assistantships, tutoring, campus jobs, or any freelance work that your visa allows.

Including what you can, it can be as low as $20 - $50/month request your bank to start an emergency fund and scale it every month.

Spending on things that were not part of the original plan.

Medical situations that come up suddenly, and needing to travel or get car repairs can mess up a budget that was extremely detailed and planned.

What you can do to prepare yourself.

Always put your medical insurance documents and a list of the people to contact in case of emergency in the same place.

Make sure your health insurance coverage is well understood in the sense of what is not covered, what is considered out of your network, and what is free.

If you have access to family, utilize family saving accounts or use cheap services to transfer money on international platforms to get access to that money quickly.

Make sure your savings account and emergency fund is not in the same to avoid taking money out quickly and borrowing just to pay back.

General tips that can make a difference.

The buying centers in rather than on the time you need to make these purchases.

If you have roommates make sure to split the prices to groceries, the rent, and streaming services.

Utilize the free services students get offered like discounts on food, things to do, or transports.

DIY as many things as you can, services like bikes tend to be on the cheaper end.