Accounting Intern in Madrid Alejandro Lugo Considering a business internship abroad? Alejandro L. is an Accounting Intern who just finished up his internship in Madrid. Here, he discusses his experience in Madrid and how his internship helped him land a job in accounting. What was your internship and what roles/tasks did you do? I did
How To Afford An Internship Abroad: Part II
This is a two-part series to help you save and earn some extra money for your internship abroad trip. Part I has tips on saving money for your trip with your current job or cash flow. Part II includes tips on earning extra money without picking up three jobs and sacrificing your studies.
We highly recommend reading Part I first to get an idea on the budget you may need for your internship abroad. If you’ve already set up a budget and are saving money, but you’re looking to earn more money toward you’re trip, then Part II is the best place to start.
So you’ve successfully planned out your internship abroad program and know what it’s going to take to make it happen. This is a big step and shows your commitment to your goals and dreams! However, if you’re still struggling to find enough money for your trip (even with the money you’re already saving), there’s a couple tips to help you earn money toward your travels!
Tip #4: Fundraising & Scholarships
If you don’t want to bite the bullet and ask your Uncle Scrooge to help pay for your intern abroad program, then there are several other ways to low-key ask family and friends (or even your school) for money.
We all have that one relative… (GIF Source)
Fundraisers no longer have to involve lemonade stands or hot (and awkward) car washes. While they are still up for grabs (just because it’s old school doesn’t mean it won’t work), funding for trips in the digital era is no longer a hassle.
Crowdfunding is a great way to gain travel fund money with both local and distant friends and family. Sites like FundMyTravel and GoFundMe are well known for travelers and college students trying to fund their intern abroad program. The wonderful thing about FundMyTravel is that the creators of this platform understand what it means to fundraise money to travel, study or intern abroad. They’ve been in your shoes and they create content specifically for those in are in the same boat. By creating blog posts tailored to those searching for tips, tricks and answers on how to fundraise money for travel, it sets the potential traveler up for success.
Whereas GoFundMe is more of a broader spectrum for fundraising, GoFundMe is a great place to start; however, because it’s so broad, we would recommend looking at FundMyTravel first. Go through FundMyTravel blog and look for help or suggestions on how to create a successful campaign for your travels. Both platforms are actually quite similar than they are different, both take 5% of your earnings toward Administrative fees, you can put pictures, information and your fundraising goal. You can also share your links on all social media as well as email, letting everyone online know about your trip for both platforms.
There’s no need to be afraid of fundraising for your trip! (GIF Source)
For the purposes of traveling, we suggest FundMyTravel. It’s more travel-friendly and you have a team who has been in your shoes and knows what it takes to travel, intern or study abroad.
If you or a generous friend are creative and artsy, then you can create a t-shirt campaign through Bonfire. This is a great way to fundraise with donations without any startup or inventory costs that you would have to spend elsewhere. Your friends and family will also receive a shirt with your awesome design on it that they can wear for years.
Tips for Crowdfunding
- Start talking to family and friends before your campaign goes live. Prospective donors who see that you’ve already begun funding before you opened your campaign are more likely to help chip in.
- Write about your plans when going abroad, where the funds will directly go toward, and why taking an internship abroad is important to you and your future. Add a personal 2- to 3-minute video for some extra feels.
- Offer “mini prizes” for higher donations. For example, you can offer a personalized postcard from your trip abroad to anyone who donates $50 or more, or you can offer a couple of hours of volunteer work to a local organization that they choose.
- Most crowdfunding sites charge a processing fee for each donation that you receive (generally 8-10%), so if a family or friend says that they donated $50 to your campaign, you may only see $45 in your campaign. With sites like GoFundMe, you may not even notice the fee anyway, but it’s always good to keep that in mind while pushing for extra funding.
Finding scholarships is easy, but finding a scholarship that is specific toward studying or interning abroad can be tricky. However, there are resources out there that will be more than helpful in the hunt for free money.
Here are some helpful tips in finding scholarships:
- Narrow down your interested country selections, unless you’ve been selected into a program already.
- It would also help if you include your major or type of program you’ve been selected into or are interested in (i.e. marketing scholarships in Barcelona).
- Utilizing filters will help narrow your options down.
- Always check the qualifications or requirements for the scholarships. You may or may not qualify for some! Check before applying!
- You can always check your school’s study abroad office for more resources! Most study abroad offices will have some sort of resource for students to find scholarships or a way to fund money.
- They also have a lot of useful information on before, during and after studying abroad!
- Google search scholarships with the country in the search bar (i.e. Chile study abroad scholarships).
- You should also check country education websites. Some departments of the government offer scholarships or grants for international students.
- These websites have been helpful in finding scholarships.
Tip #5: Selling & Odd Jobs
Another option for figuring out ways to make money to fund your travels is to do some odd jobs or to sell your stuff! I’m not saying sell everything you own or your organs, but to sell things you may not use anymore – clothes, electronics, furniture, old cars, etc. One man’s trash is another man’s treasure.
There are people out there that buy and collect old Beanie Babies on eBay… Just sayin’… (GIF Source)
There are plenty of websites or apps to sell your goods, here are few that come to mind:
- Facebook groups
Like always, be cautious when selling things online. Your safety is more important than some dollar bills. Always use your best judgement when making a potential sale.
If you’re looking to keep all your things, then we would suggest downloading a variety of apps that allow you to make some quick cash in exchange for some tasks. These apps work around your schedule, so it’s entirely up to you if you want to make money.
Here are some apps that will help you get started:
If we got a nickel for every time this question was asked… (GIF Source)
When using these apps, be aware that they normally have some administrative fees (15-30 percent) that are included in your earnings. It is mainly for your protection – financial and physical – so don’t be alarmed when you don’t receive your total amount. Also, some apps require background checks, which may cost you up to $50, it’s normal! Just remember to be safe and be smart!
We’ve been in your position, wanting to travel but funds are low. Instead of pushing those dreams aside, it should motivate you to work hard and to save up for the destination you wish to go to next. Don’t let something as little as money stop you from living your best life. Money will come and go, but you can’t put a price on the memories, the personal growth and the feeling you get when you return from your travels and you feel nothing but absolute bliss.
It isn’t impossible to figure out how to make money or figuring out ways to fund your travels. By looking at some of the tips and tricks we’ve supplied you in this article, you should get a head start or at least an idea on what steps you need to take next. If you’ve got the drive, then there is no telling where you’ll go.
The cost of traveling and interning abroad can add up, but if you know how to work through the ins and outs of the travel industry, you will be fine. BUT if you don’t have no fear. There are plenty of resources and platforms for you to earn, save and fund your travels! FundMyTravel, the various apps and the many tips and tricks in this article will be your guide to exploring the world. So, let’s start filling up those piggy banks!
Adorable doggo not included in program costs. (GIF Source)
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