MONEY DIARY: I’M A SCHOLARSHIP MEDICAL STUDENT. BUT ON A BUDGET
I am a 22-year-old medical student in Russia. I run a pastry business and also make money from making people’s hair from time to time. I am in my 4th year of medical school and I currently live with my 2 roommates in our school hostel. I don’t really have a lot of expenses and […]
5 VALUABLE FINANCIAL LESSONS YOU CAN LEARN FROM MONOPOLY
Did you play monopoly at all? If you’ve ever played monopoly, you’ll realise how long that game can drag, especially if you have experienced people playing it. It’s like real life— you’re in the money game as long as you know exactly how to manage your assets and keep your properties. What can we learn […]
MONEY TRUTHS YOU SHOULD KNOW AS A STUDENT
I know you’re thinking, “This is just another one of those financial talks”, but money advice is never too much, is it? If you run out without actually reading, you’ll miss a chance to revisit and internalise all the money advice you’ve ever received. And who knows? That might be just what you need to […]
HOW TO NOT GET SCAMMED ONLINE
Have you ever been scammed? Like real scam— they type you put money in and the whole thing just blows up. Or have you ever done an ‘investment’ and you got neither the promised rewards nor the initial money back? Don’t be shy. You’re not the only one that has lost money online. It’s time […]
HOW TO STOP BUYING THINGS YOU REGRET
You still regret buying it. What’s that one thing that readily comes to mind? You know how you feel when you buy that new iPhone and you’re wondering, “Should I have bought that? Was it really worth it? Can I even afford to live like this? I could have saved that money.” Some people end […]
BILLINGS FROM YOUR HOME COUNTRY: WHAT TO DO
‘He/she is living abroad. They must have a lot of money.’ This is probably what goes on in the mind of those friends and family members that won’t stop billing you every month. In fact, they’re now expecting that that you send them money for ‘upkeep’ as often as possible. But you’re getting tired. You […]
MONEY DIARY: EXCHANGE RATE TIMELINE ($~₽)
In light of the recent exchange rate flunctuations, we had a poll on our Telegram channel to see how many people in our community were able to convert money when $1 was around 120₽. For those that were able to change, we say “Congratulations!”, and for those who were waiting and waiting until it came […]
5 MONEY TRUTHS YOU SHOULD DEFINITELY KNOW
When it comes to money, we simply don’t know enough. We’ve heard so many things about personal finance– save often, invest early, spend wisely, budget weekly. We could go on and on… But sometimes, it’s either we don’t have the best money information, or we don’t know the best way to apply these rules so […]
HOW TO MANAGE MONEY WHILE SPENDING IN SUMMER
Summer is the most anticipated season of the year. In fact, many people start making summer plans as early as the beginning of the year. And living in Russia, you’ll agree that you don’t want to miss all the fun that goes down between June and August. With the weather being warm in the summer […]
FINDING A LIVING SPACE IN RUSSIA
If you’re new in Russia or you’ve been here for a while, you’ll understand that finding a place to live, especially in big cities like Moscow and as a foreigner, is a big deal. This is simply because there are simply a lot of things to consider; Cost– How much can you afford to pay? […]
TOP INVESTMENT IDEAS FOR FOREIGNERS IN RUSSIA
Given the current situation in the country, many foreigners may be wondering how they can maximise this period to invest in assets, save or invest money in the economy. Fortunately, Russia is a very friendly place for foreigners to do business and the prospects of successful investment is huge. Here are a few ways you […]
MONEY HABITS YOU PROMISED YOU’D STOP IN JANUARY
When a new year begins, we find ourselves making resolution upon resolution- promising ourselves that this year will be different. I’m sure you did that with money too. You told yourself – “Once January starts, my finances are going to turn around.” How far have you actually gone? In this post, we’re going to discuss […]
TOP JOB IDEAS FOR FOREIGNERS ABROAD
Studying abroad can seem glamorous. In fact, many people believe that once they can escape the shores of their home country, they have made it. But that’s not always true. Many students studying abroad constantly struggle with their finances. Many even find themselves deep in debt and fall into depression after a few months either […]
MONEY DIARY 2
Monday 29 November: 5014руб My alarm goes off at 6:00 am, and I energetically get out of bed. It’s raining cats and dogs outside, so I decide to run after work. I make myself some green tea, write some emails, and update my work plan. I also use this time to call my mom; she […]
HOW TO CREATE YOUR STUDENT BUDGET FOR THE NEW YEAR
It’s the new year… And you’ve decided that the way you manage your finances needs to change. Maybe money even tops the list of what you want to be more intentional about. “This year I promise to save. I will research investment opportunities and start growing my money. So I won’t buy anything that’s not […]