The financial crunch is one of the most common and heartening problems of students studying overseas. And, this is even more for middle-class international students those who don’t get any monetary aid, so their parents have to pay off their tuition fees and living expenses. Additionally, in most countries, the foreign students aren’t allowed to take up any side hassle to earn some dollars, thus shutting down all the doors for them to make money while doing their degree.
Compared to the local students, the international students are required to pay higher fees to the universities. Plus, the exchange rate of the country where they are studying, and their domestic currency probably be higher, thus acting as an additional financial burden.
But, apart from the above, there are some reasons, why many of us confront cash shortage while studying in an overseas university. And, here in the post, we will highlight most of them:
Poor Money Management
Well, money management is always a challenging ask for those, who aren’t spending their entire day working in captivity, known as an office to work under pressure, but, this is no excuse to enjoy on your dad’s cash. We, the students aren’t good at managing money, every time someone asks to accompany him or her at a disco night, we are on, irrespective of the pricing of the ticket. Overspending with no dilemma is the single biggest reason for short-term monetary problems for international students. So, by being a little responsible, you can save hundreds of dollars daily.
Do Not Plan How to Spend the Money Properly
Spending your money correctly is the key to live a financially stable life, but, students, mostly they don’t adhere to that, thus becoming one of the leading cause of financial problems while studying. The biggest problem is the students don’t have a proper spending plan. Moreover, most of them, don’t keep aside a certain amount of money for unexpected expenses. So, no saving approach is what fireback and leveraging them to face financial crises, now and then.
Never Know How to Determine the Need and Want
No matter how many times, our old timers ask us to pay base on curating a spending-saving plan, we are not even bothered to even note down our monthly expenses. It is of vital importance to categorise one’s spending, and the students are not best at that since it’s not their hard earned money.
Giving up to Peer Pressure
Peer pressure is one of the most baffling aspects of college life to overcome, especially for the international students. When studying at an overseas university, we don’t know how to say “no,” perhaps we aren’t locals. Thus, adding to the list of possible reasons for financial problems being a student.
Abusing Credit Card
Yes, the credit cards have made our life more straightforward, but complicated our personal finance management. Thereby, leading to financial problems owing to the misuse of the credit cards. Our parents provide us with a credit card to pay off the university tuition fees, but, some of us, consider this plastic card as our pocket money.
Abusing Student Loans
When applying for the student loan, make sure you fill the money requirement box, only covering your necessities, not luxuries. Often we use student loan refunds to buy stuff like video games, smartphone and spend on partying.
Why Should Student Use Online Gambling as Income Channel?
Well, your parents probably telling you to stay away from an online casino in Singapore, but, if you bet carefully and don’t get passionate about this, you can good money and help your parents manage your education.
Here, we highlight some of the strong reasons to play casino while studying in a foreign land.
Reason 1: Online Gambling
Ever now and then, we come across the common saying of our parents that online casino games are a terrible habit to incorporate and we often end up losing all your money. However, online gambling is an ocean of financial opportunities as a severe form of making money. Just by having a proper strategy, you can make big money from Casino Singapore online games.
Reason 2: Why Waste Your Time?
There is no rocket science to prove that students spent more time on leisure activities than studying. This is one of the top reasons to play online casino games to earn money, without having any effect on your studies.
Reason 3: Convenience
Convenience is one of the top benefits of the jackpot Singapore games, as nowadays, you don’t have to step out of your place to visit a land-based casino place. Today, with mobile casino Apps, you can wager anytime and anywhere from your comfort.
Reason 4: Accessibility
If you don’t belong to the Muslim religion, you are allowed to register for an online gambling website as a student in Singapore.
Reason 5: Wide Game Selection
Mobile gambling brings you a complete assortment of casino games, you can pick one as per your liking.