What is the best way to manage finances while studying abroad?

One of the most important steps for managing your finances while studying abroad is opening an international bank account. It helps you avoid high currency exchange fees and makes it easier to receive money from home. Many banks offer student-friendly accounts with low fees, online banking, and multi-currency options. Before choosing a bank, compare services, check for hidden charges, and ensure there are branches or ATMs near your university. Having an international bank account ensures you can handle daily expenses conveniently without worrying about excessive transaction fees.