Managing Your Money While Studying in Canada

currencyWhether it’s a gap year alongside your university course, a summer internship placement, or for those lucky few a chance to study full-time, studying in Canada is a fantastic opportunity and one which everyone should make the most of, if it’s on offer.

Travelling or studying in a different country looks fantastic on a CV, and can offer better job prospects as well as the chance to gain some life skills. We know what you’re thinking: it’s a huge decision and although our imagination is running wild, we’re left daunted by the tasks we must complete until we’re jet-setting off on a plane.

Your main concern of course is money: will you have enough? What’s the exchange rate? What happens if you need more? Well don’t fret, here are a few tips to help make sure that when you’re on your way to Canada you have no worries other than which mountain you will climb first!

First of all it’s important to know what the exchange rate is, to make sure you have enough spending money for your travels. This currency converter, will help you convert any amount of currency you need, but before you head down to a local holiday branch it helps to shop in canada

Some stores offer different rates so there’s a chance you could walk away with more money, while others give you a better exchange rate if you’re converting a large amount of money – which could be very beneficial if you’re staying for longer than a few weeks.

If you’re worried about traveling with a big wad of money in your pocket, you can simply transfer it using Travelex. Travelex offers international bank transfers, which means your money will be safe until you need to use it. Travelex is also the world’s leading foreign exchange specialist and offers a price promise on any transaction, so it’s a win-win situation.

If you’re looking to earn some money to offset your costs of traveling abroad consider a working holiday, paid professional internship or au pair program. Latitude offers a wide range of different study & work abroad opportunities allowing you to gain valuable experience, as well as meet new friends.

Education, travel and a salary – perfect!