Top Finance Tips for Those Planning a Gap Year

gap year finances
It’s the start of a New Year and here at Young Academic, one of our resolutions is to bring you even more tips and guides to help you on your journey. Whether you are in the middle of your studies, about to embark on a course or even planning a trip around the world, we are here to help and will be on hand with all sorts of resources. Today, we are focusing on any academic out there about to go on a gap year and things that can help you to control your all-important finances.

Start Saving Now

If you are currently at school, college or sixth for and have already decided that you will be deferring for a year to go on a gap year, it may seem like a long time until you get going. However, you will be astonished at how quickly it will come around. If you have a part time job now or another way of saving cash for your big year away, then start saving now. You will be thankful for it when you are on the other side of the globe and find you have enough money to do all the things you want to do.

Use Trusted Facilities

One way that a lot of students, academics and travellers get stung whilst they are away is by using dodgy services for transferring money. If your family need to send money abroad to you then there is a number of ways that they can do this without being charged through the nose. Do your research on this before you go away to avoid any mishaps. As an impartial source of student news, Young Academic will not name any brands but if you go onto Google and look at some reviews and testimonials, you will quickly find the cheapest and most reputable services.

Think Long Term

The most crucial thing for you to remember about your Gap Year is to have fun and achieve all the things you want to do when you are globetrotting. However, when you get back it will be time to get stuck into your studies or even start training for your career. Why not get your long term plan sorted right now so you can concentrate on having a great time whilst you are away.  The last thing you want to be doing when you are snorkelling in Australia or backpacking in Sri Lanka is worrying about what you’re going to do when it’s all over. Now is the perfect time to get your plan of action nailed down.

As mentioned, this is just one of a plethora of career and study guides coming your way in 2015. To be sure you don’t miss a single one, why not follow @youngacademic on Twitter and like our ever popular Facebook page?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.