Embarking on an international internship is a life-changing opportunity that allows you to gain real-world work experience, immerse yourself in a new culture, and expand your global network. However, managing expenses in an unfamiliar country can be challenging.
To help you intern abroad on a budget, we've compiled the best money-saving tips for international interns so you can make the most of your experience without overspending.
1. Save Money on Food: Eat Like a Local
Dining out frequently can be one of the biggest expenses during your internship abroad. Here’s how to cut food costs and organize your food budget while still enjoying delicious meals:
Shop at local markets – Fresh produce and local ingredients are often cheaper and healthier than eating out.
Cook your own meals – Preparing food at home saves money and allows you to experiment with local cuisine.
Avoid tourist restaurants – Seek out small, family-run eateries or street food stalls where locals eat.
Look for student meal deals – Many cities have discounts for students at restaurants and cafes.
2. Find Affordable Student Housing Abroad.
Accommodation is often the largest expense for international interns. To lower your living costs, consider these options:
Shared apartments – Renting a shared apartment with other interns or students is more affordable than living alone.
Hostels and guesthouses – If your internship is short-term, budget-friendly hostels and guesthouses can be great options.
University dorms – Some universities offer dormitory housing for international students and interns at reduced rates.
Local homestays – Living with a host family can be both cost-effective and culturally enriching.
Did you know you can save money and time on your accommodation abroad by choosing to stay in The Intern Group’s accommodation? We provide safe, fully vetted accommodation with convenient access to your internship and the city center. This hassle-free housing lets you focus on your journey while connecting with fellow interns in a shared, community-oriented space.
3. Use Public Transportation to Cut Travel Costs.
Public transport is usually the cheapest and most convenient way to get around a new city. Here’s how to save money on commuting:
Get a transit pass – Many cities offer monthly, or student discount passes for unlimited travel. In certain locations, like London for example, The Intern Group will provide you with a travel pass, making it easier and cheaper for you to get around.
Walk or bike when possible – This is a free and healthy way to explore your new home.
Avoid taxis and rideshares – These can add up quickly; use public buses, subways, or trams instead.
Use local ride-sharing apps – If public transport isn’t an option, check for local ride-share apps that may offer better rates.
4. Take Advantage of Free and Cheap Activities
You don’t need to spend a fortune to enjoy your internship abroad! Many cities offer free things to do, including:
Museums and cultural sites – Look for free museum days or student discounts.
Local events and festivals – Many public festivals, concerts, and exhibitions are free.
Parks and outdoor activities – Exploring nature and public parks is a great way to enjoy your new city without spending money.
University events – Many local universities host free lectures, workshops, and social events open to students and interns.
Our in-country teams regularly organize and host social events and activities to help you make the most of your time abroad. If you’re stuck on things to do, ask our team for suggestions or pop along to one of our events!
5. Track Your Spending with Budgeting Apps
Managing expenses while abroad is crucial. Stay on top of your finances with budget tracking apps like:
Mint – A great app for setting financial goals and tracking spending.
YNAB (You Need a Budget) – Helps you plan every dollar you earn.
Splitwise – Perfect for splitting expenses with roommates or fellow interns.
Revolut or Wise – Offers international banking with low currency exchange fees.
6. Avoid High Banking Fees and Exchange Rate Losses
Using your home bank card abroad can lead to hidden fees and poor exchange rates. To save money:
Use a multi-currency card – Options like Wise (formerly TransferWise) or Revolut offer lower international transaction fees.
Withdraw larger amounts at once – Some ATMs charge per withdrawal, so take out more cash to avoid multiple fees.
Choose local currency when paying by card – Always select to pay in the local currency instead of your home currency to avoid additional charges.
7. Budget-Friendly Travel Tips for Weekend Getaways
If you plan to travel during your internship, here’s how to see more places without breaking the bank:
Book in advance – Flights and trains are often cheaper when booked early.
Use budget airlines and buses – There are plenty of companies worldwide that offer cheap travel options.
Stay in hostels or Airbnb – Look for highly-rated budget accommodations.
Get a student travel pass – Some countries offer discount rail or bus passes for students and young travelers.
8. Cut Unnecessary Expenses and Stick to a Budget
To make the most of your international internship experience while staying within your budget:
Limit impulse shopping – Only buy meaningful souvenirs instead of unnecessary trinkets.
Avoid tourist traps – Popular tourist areas tend to have inflated prices.
Cancel unused subscriptions – If you’re not using certain streaming services while abroad, cancel them for extra savings.
Use free WiFi – Avoid expensive data roaming charges by relying on public WiFi or getting a local SIM card.
9. Take Advantage of Student Discounts
Many businesses offer student discounts on:
- Museums and attractions
- Public transport
- Restaurants and cafes
- Clothing and retail stores
Always carry your student ID or ISIC card (International Student Identity Card) to access these deals!
10. Build a Support Network and Share Resources
Interning abroad can be more affordable when you connect with fellow interns and locals:
- Join Facebook or WhatsApp groups for budget tips and shared housing leads.
- Split grocery costs with roommates to save money on food.
- Find free language exchange programs instead of paying for language classes.
- Network with colleagues who can recommend affordable spots and insider deals.
By using these money-saving tips for international interns, you can intern abroad affordably, explore new destinations, and gain valuable global work experience—all without overspending.
With smart budgeting, cost-conscious travel, and savvy spending habits, you’ll have an unforgettable internship experience without financial worries.
