How to raise money to fulfill your exchange dream
Doing an exchange is the dream of many, but raising money for this experience may seem like a challenge. However, with planning and some strategies, it is possible to save money and make this adventure a reality. In this article, we will share valuable tips on how to save money for your exchange and fulfill your dream of studying and living in another country.
Financial Planning: The First Step
The secret to raising money for the exchange lies in financial planning. Start by writing down all the expenses you will have, such as airline tickets, visa costs (if necessary), financial proof required by the chosen country, cost of living in the destination city, accommodation, health insurance, and the amount of the exchange program. Research and budget to get a clear idea of the amounts involved. An expert exchange consultant, such as those from Be Easy interchange, can provide valuable information about the specific costs and requirements for each destination.
How much does an exchange cost?
The amount of an exchange can vary widely, generally starting at R$8,000.00 depending on the program chosen and the duration. There are short term (4 weeks), medium duration (3 to 4 months) and long term (6 months to 2 years) options. In addition, there are university exchanges that can extend over 4 or 5 years. Knowing the length of the program is essential to calculate the cost of living abroad and the total investment amount.
Tips for saving and collecting money
Now that you have a sense of the costs involved, it's time to implement some strategies to raise money:
1. Cut unnecessary expenses: Analyze your consumption habits and identify areas where you can save, such as non-essential subscriptions, meals away from home, and impulse purchases.
2. Extra income: Take advantage of your free time and weekends to do freelance work, give private lessons, or sell products online. Any extra money helps!
3. Set goals and deadlines: Establish clear savings goals and set deadlines for achieving them. Having defined goals keeps you motivated and focused.
4. Investments: If you are knowledgeable in investments, consider investing part of your money in low-risk options, such as CBD and Treasury Direct, to make your money pay off.
5. Plan ahead: Search and buy airline tickets in advance, comparing prices on different websites and dates. The sooner you plan, the more chances you have of finding advantageous offers.
6. Talk to those who have already done an exchange: Seek information from people who have experienced the experience. They can share valuable tips about economics and planning.
Choosing the right destination and program
Some factors may make your exchange more affordable. Consider destinations with a more favorable currency in relation to the real and economic accommodation options. In addition, there are countries that do not require a visa to board, such as Malta (for stays of up to 12 weeks) and Germany, which can represent significant savings.
There are several exchange programs available, such as:
- Study and Work in Germany
- Public College in Canada
- Private College in Canada
- Pathway for university entry
- Learn language abroad
- Volunteer Work in South Africa
- Study and Work in Australia
- Study and Work in Spain
- Study and Work in Ireland
- Study and Work in New Zealand
- Study and Work in the United Arab Emirates
Research and choose the one that best aligns with your goals and budget.
Be easy
Na Be Easy, we are committed to making your dream of studying abroad a reality. Our expert advisors are ready to assist you at every step of the process, from financial planning to choosing the ideal program.
Get in touch with us for more information on how to raise money for your exchange and make this enriching experience a reality. With Be Easy, you will have all the necessary support to live an unforgettable adventure and boost your academic and professional future.
