money...does it really make the world go round?

​Studying abroad in Rome, taking a year out to backpack Asia, working a placement in New York - the chance for young people to get out and see the world is just as popular as ever.
 
And why wouldn’t it be? Now’s the perfect time. No obligations, no career commitments, no pesky mortgages to pay.
 
Once you’re free from the grips of school, the world really is your oyster.
 
But there’s something that anyone hoping to trot the globe has to worry about, and that’s how to fund it. 

Besides winning the lottery (and we can tell you, the chances of that really aren’t worth bothering over) and cruising in style, it might seem like there are no easy solutions to the dosh dilemma.
 
We’ve got lots of advice on how to pay for that once in a lifetime trip, whether it’s working to save before you go, scholarships or bursaries,  or university schemes. 
 
Another great new resource if you’ve got the travel bug and no cash to cure it is Sainsbury’s Bank’s guide: Pricing Up a Year Abroad (https://www.sainsburysbank.co.uk/money-matters/pricing-up-a-year-abroad).
 
Think…

• Rent
• Tuition fees (depending on your circumstance)
• Visas (depending on where you end up)
• Groceries
• Transport
• Flights home

 
They’ve clearly laid out all the costs and expenses you’ll have to consider if you want to spend a long period of time abroad – sadly a return ticket won’t quite cut it.
 
They also have lots of helpful tips on how to save your pennies while you’re travelling, whether that’s putting your native language to work and tutoring, or learning to love the (cheap!) cuisine.
 
Think a stint abroad might be for you? Check out our resources on the life of a jetsetter here.

Author

LUCY HARDING is the Editorial manager for Push. She is an English Literature grad and an MA Publishing student at UCL. She is passionate about international relations and cultural diversity, having worked closely with her university’s Erasmus society to support European students. She also spent a year abroad studying at California State University: Long Beach