The international student and managing money by WORASA KAEWKLA https://padlet.com/104080802/tpc1tkads7abjgue Worasa kaewkla Thu Van Nguyen en-us 2023-03-03 01:56:57 UTC 2023-03-09 11:25:07 UTC hello@padlet.com Nowadays, there are so many international students in Melbourne, and we are curious about how much they spend, what they do for living and how they can save their money. Since we are international students here in Melbourne, we would like to know by making this survey and asking other international students so that we can know what is the best way to deal with finance problems. Furthermore, what we expect is they spend the most money on rent because we all know that rent in Melbourne is expensive. Therefore, we want to know how much they spend on it. Besides, we also think that a significant amount of money is spent on food by international students. Thus, this survey can compare the amount of money which they use in Melbourne between rent and food. 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2501991261 2023-03-03 02:03:21 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2501991261 Respondent's Demographic 104173605 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502367301 The graph displays information about international student’s nationality and age group. 
Firstly, many students come from Cambodia which is approximately 40%. Following this is 31% representing the students who come from Vietnam, and China has 15% of students. Besides nationality, there are more than 90% of the respondents who are between 18 and 24 years old. The others with 8% come from 36 to 40 years old. 
In conclusion, all international students are Asian and most of them are over 18 years old. 
]]> 2023-03-03 09:03:53 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502367301 Where money come from? 104173605 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502379772 With international students, money is the most important thing for survival when students study abroad. Thus, this graph shows their sources of money and where they can earn money.
Overall, most students depend on the finance of their parents when they study abroad.  
 Firstly, under half of the students receive money from their parents (46%), while studying oversea. Then, the percentage of students who earn money from a part-time job is the same as other with 15%. In contrast, there is 23% of students are receiving money from both (parents and part-time jobs). 
 
]]> 2023-03-03 09:17:08 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502379772 The money average in a week of international students 104173605 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502819020 The amount of money which international students use in Melbourne in a week is shown by this pie chart. 
Firstly, 40% of students spend around $150 to $200 in one week. Following that, the percentage of students who use over $200 and about $100 to $150 for their lives in a week is the same at 20%. Furthermore, there are only 14% of international students spend money less than $100 while studying in Melbourne. 
In general, the average money students need to spend is approximately $150 to $200 in a week.    ]]> 2023-03-03 16:05:26 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502819020 The saving methods of international students 104173605 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502851930 The chart demonstrates the saving methods of international students and where they keep the money.  
It is clear that the majority of international students create a bank account and put their money in a saving account at 67%. Then, 8% of them choose the box as the best place to save money. Nevertheless, a quarter of international students do not save their money. 
In conclusion, most students save their money in different ways but a small group of students does not want to save money. 

]]> 2023-03-03 16:33:16 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2502851930 Most of the money use for? 104173605 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2503492946 The chart describes what international students spend most of their money per week after arriving in Melbourne. 
To begin, the majority of international students spend on groceries and food, at 31%. Following that, at the same percentage, the other students pay money for shopping. Furthermore, 23% of students spend on public transport. However, only 15% of international students spend on entertainment. In general, students prefer to buy what they need to use every day.
]]> 2023-03-04 14:42:22 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2503492946 Which banks do you prefer to use (a bank from your country or Australian one) 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504510998 The chart describes that the majority of international students prefer Australian's bank more than their own country's bank this suggests that most international students find using Australian banks more convenient. ]]> 2023-03-06 04:01:40 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504510998 Do you have a part time job and if yes, what do you do for living? If not, why 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504522364 The majority of students said no they do not have part time job. This is because some of them could not find a job and some of them said because they do not have time for work. on the other hand, the minority of students said yes they do have a part time job. in conclusion, most students do not have part time job due to different reasons. However, some students do need a part time job for more income.]]> 2023-03-06 04:14:32 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504522364 If you have a job how much do you earn in a week? 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504536430 The pie chart shows that approximately a third of students earn more than $250 per week. additionally, 25.3% of students earn $100-$150 per week. Furthermore, 33% of students earn $150-$200 in a week. finally, 8.1% of students earn $200-$250 in a week. In conclusion, most students who have a part time job earn $250 per week.]]> 2023-03-06 04:29:25 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504536430 Do you budget your money? If so, what is your strategy? 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504614231 When students were asked about their budgeting strategy there were 3 answers. Firstly, one strategy is to spend $100 per week. additionally, they do not transfer too much money. Finally, two responses involved the students putting money in the saving account.]]> 2023-03-06 05:44:56 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504614231 How much money do you think you need to survive in Melbourne per week? 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504624436 The pie chart shows that just under half of students said they need $250-$300 to survive in Melbourne per week. Additionally, just over a third of students said they need $150-$200 to survive in Melbourne per week. Furthermore, 9% of students said they need $350-$400 to survive in Melbourne. Finally, 9% of student said they need $450-$500 to survive in Melbourne. In conclusion, most of students need $250-$300 per week to spend in Melbourne.]]> 2023-03-06 05:54:34 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504624436 Do you have money for a rainy day? (saved money in case of emergency) 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504628074 The chart shows that the majority of students said yes, they do have some save up for an emergency situation. Furthermore, the minority of students said no they do not have a save up money for an emergency situation. In conclusion, most of them have a save up money for a rainy day.]]> 2023-03-06 05:58:04 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2504628074 104173605 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2507994082 Through the survey that we took, we are able to understand the spending and saving habits of international students. There are many great findings that we discovered after collecting data. 
 
We recommend international students have a plan to save their money so that they can know the amount of money they spend per week or month. Moreover, after collecting the data, the majority of international students spend most of their money on shopping. Thus, they should consider what their demand are. We recommend students to buy what they actually need to buy instead of buying what they want to buy. Moreover, we suggest that international students should cook by themselves when they have enough time. It helps them save a lot of money spending for restaurants . Additionally, having a savings account would be the most effective way to help international students on saving money. Their money is not only be secure , but it also helps student manage their money easily. There are also interest for their savings if they know the right one to invest in. Also, international students can use Australian banks to avoid the foreign transaction fee charged. Lastly, finding some part-time jobs after school which can help students can have extra money for their livings. 
]]> 2023-03-08 03:58:27 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2507994082 104173605 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2509476442 one reason international students face is they do not budgeting and managing money. According to Sachitra, Wijesinghe, Gunasena (2019) students need to be extremely responsible and challenges with respect to budgeting monthly expenses. For example, we learned from our study that some of ELICOS students do have a part time job but some of them do not have a part time job. Thus, some of them have a little bit extra money for saving but some may not. However the minority of students do saving and budgeting money such as spending less, having a limitation for spending or save money in saving accounts. Another reason students face is the majority of ELICOS student do not have a part time job. Additionally, some of students said either they do not have time or they could not find a job. According to Yan, Lin, Horiuchi, Takashi (2020) The present study examined how job satisfaction and exhaustion are affected by motivational regulation and style in the part-time jobs of international students in Japan. for example, one of ELICOS student said they do not have time to find a job because they have to focus on school instead of work. ]]> 2023-03-09 01:30:59 UTC https://padlet.com/104080802/tpc1tkads7abjgue/wish/2509476442 104080802 https://padlet.com/104080802/tpc1tkads7abjgue/wish/2510132316 references list: 琳 閻 and 孝 堀内 (2020) 自己決定理論による在日外国人留学生のアルバイト満足感と疲労感の検討, 人間環境学研究. 人間環境学研究会. Available at: https://www.jstage.jst.go.jp/article/shes/18/2/18_113/_article/-char/ja/ (Accessed: March 9, 2023).

Sachitra, V., Wijesinghe, D. and Gunasena, W. (2019) Exploring undergraduates' money-management life: Insight from an emerging economy, Young Consumers. Emerald Publishing Limited. Available at: https://www.emerald.com/insight/content/doi/10.1108/YC-07-2018-00828/full/html (Accessed: March 9, 2023). 


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