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Leaving the Acting World for Education in Canada, Gisela Cindy Shares Financial Tips for Moving Abroad

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Leaving the Acting World for Education in Canada, Gisela Cindy Shares Financial Tips for Moving Abroad (Credit Image: www.instagram.com/giselacindy12)
Kapanlagi.com -
Written by: Adristi Putri Febrianti
Moving abroad is often a dream for many Indonesians, especially due to factors such as higher salaries, better quality of life, greater socio-economic opportunities, and prestige.
However, settling in a new country is not an easy decision, especially in terms of financial preparation. To provide guidance, former child artist Gisela Cindy shares her personal experience. After leaving the acting world in 2012 to pursue education in Canada, Gisela has now been living there for over a decade.

Through her partnership with Wise, a global technology company, Gisela shares three financial tips via her Instagram account for Indonesians planning to move abroad, to help them prepare their finances more thoroughly.

1. Cost of Living Research in the Destination Country

The first step that needs to be taken before moving abroad is to understand the cost of living in the destination country. This includes various expenses such as housing, transportation, food, and other necessities. Gisela emphasizes the importance of this research to ensure that the salary or income received is sufficient to meet daily needs.

"When I decided to move, it was very spontaneous. I did not conduct in-depth research on the cost of living in Canada. Fortunately, I had a friend from Indonesia who helped, and there was an international education agency that took care of accommodation and administrative processes,” said Gisela.

However, everyone has different experiences. Therefore, Gisela recommends conducting thorough research to clearly understand the amount of funds needed at the start. This step will also help avoid financial problems when just starting to settle in the destination country.

2. Careful with Exchange Rates and Money Transfers

For those planning to send money abroad, Gisela emphasizes the importance of paying attention to transfer fees and exchange rates. Many traditional money transfer services charge high fees and provide a markup on the exchange rate, which often disadvantages the sender.

"Initially, my family in Indonesia often sent money using traditional services. But the transfer fees were very expensive, and the exchange rates were also unfavorable. After that, I switched to Wise, which offers low fees with transparent exchange rates,” she stated.

Gisela also takes advantage of the real-time exchange rate notification feature available in the Wise app. With this feature, she can easily monitor and optimize every money transfer transaction, both to and from abroad.

3. Preparing Thoroughly

Based on her personal experience, Gisela hopes that the tips she shares can help the Indonesian community planning to move abroad. With thorough financial preparation, various challenges faced in a new country will be easier to overcome, opening up opportunities for greater success.

Indeed, moving abroad offers many exciting opportunities. However, without proper preparation, the risk of financial difficulties can arise. Therefore, thorough preparation is crucial to ensure a smooth process during the adaptation in a new country.

By taking steps such as researching the cost of living, investing in education, and being careful with financial transactions, the dream of settling in another country can be realized more smoothly and without major obstacles.

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(kpl/adp)

Disclaimer: This translation from Bahasa Indonesia to English has been generated by Artificial Intelligence.
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