6 Ways to Settle into a City

Moving to a new city comes with a great package; it can be exciting and overwhelming at the same time. The idea of experiencing a new culture, meeting new people and expanding your professional network is thrilling.

However, moving to a new city is similar to moving to a foreign country. From finding a place to live to navigating the local transportation system, there are many moving struggles that one has to deal with.

There are plenty of settling tips online, and here we have picked some of the best ways to get comfortable in a new city. Let us talk about six ways to settle into a new town.

1.     Take a Walking Tour

A walking tour is a great way to understand your locality that also comes with a wide range of possibilities which will lead you to all your commercial needs. As you walk around, you will discover various landmarks, streets, routes, local transportation, etc.; it will help you adjust to your new environment and create a comfortable atmosphere.

Walking tours are very informative and an excellent opportunity to meet fellow adventurers and make new friends. Not only will you get to know the city’s rich history, but you’ll also gain insight into the local culture and traditions. Knowing your local area will help you understand where to go in time of need.

2.   Join a Local Group or Club

Joining a local group or club will help you meet new people with similar interests. It can be a great way to connect with locals and deeply understand your new area. It will also help you make new professional connections if you have moved in with a business motive.

For students who moved out of their homes to student accommodation, local groups and clubs make it easy for you to get involved with the locals, and you never know; you might find someone from your hometown. These groups and clubs often help you find a great roommate to share student housing with so you can have a homely environment even when you are far from home.

3.   Explore the Local Cuisine

Exploring the local cuisine is also a great way to settle into a new city. Your new surroundings may seem foreign initially, but local food will drive you to like the recent changes you will face in a new town. As an adult or even a student who is moving to a new city, it is imperative to understand the culture and experience new things.

To create great memories, you better taste fine quality food to remember it for the rest of your life. Food is a comforting language; wherever you go, in any part of the world, food improves everything.

4.   Get to Know Your Neighbours

Being a good neighbour and having a good neighbour at the same time will improve life and ensure a healthy lifestyle in the neighbourhood. Building a solid relationship with your community is an efficient way of building and living an excellent standard lifestyle.

It is also a good way to balance your safety and well-being since your neighbours can help you in your time of need. Take time to introduce yourself and share meals with your neighbours; it will help you make your new city feel more like home.

5.   Stay Patient and Positive

Remember, your new city has a lot to offer, and it is normal to feel anxious. It is essential to stay positive and patient throughout the whole process. Ensure you are mentally prepared for all the lonely and homesick days, for it is normal to feel that way. Nevertheless, it is one way to find new friends and make great memories.

Focus on what you like about your new city and, most importantly, why you moved in the first place. It keeps you on track and your mental health in peace.

6.  Give it Time

Give yourself time to adapt to your new environment. Your unique experiences will bring opportunities for growth and positive changes in your life. Even for long-term life experiences, being patient with your surroundings and yourself is necessary.

Getting acclimated and walking at your own pace to settle is normal. To save up your mental and physical energy, try developing a tendency to seek out valuable opportunities wherever possible. Time is very delicate, but so is your mental peace. Give it time to live comfortably and welcome a lively future that awaits you.


Tips that help you comfort yourself and feel like it is okay to feel anxious need to be considered. The above pointers are a few to give you confidence and the direction you might need while moving to a new city. Hope it finds you well!

About AmberStudentAmber Student is one of the leading student accommodation platforms put in place in 2016 and has served over 80 million students globally. Amber Student is your one-stop destination for all your housing needs, fully assisted by amber experts and secure housing far from your home. Do check out our social platforms on Instagram and Facebook and stay connected!

Author’s Bio – Bobby Sinha is a storyteller; she enjoys watching Japanese indie movies and knows various ways of using a chopstick. A graduate in business, working as a writer, and someday aspiring to become a Filmmaker proves how versatile she is.

UK Ranks Ninth Overall in World Bank’s Latest Ease Of Doing Business Report; Usual Suspects Grab Top Rankings

The World Bank’s latest findings indicate that countries are innovating like never before to make it easier to do business globally in today’s connected world. Read more “UK Ranks Ninth Overall in World Bank’s Latest Ease Of Doing Business Report; Usual Suspects Grab Top Rankings”

3 Best Credit Cards For Picking Up Free Air Miles

If you are a frequent flier, and a fan of using plastic over hard cash, then doubtless you will be aware that you can collect points for spending with your credit card that can be used to subsidise your air miles.

Air miles and credit cards seem to enjoy a fruitful relationship, and have done so for a matter of decades; and yet so few of us take advantage of the options available to us. Read more “3 Best Credit Cards For Picking Up Free Air Miles”

3 Great Deals For Sending Money Overseas: Pounds to Euros

Take a deep breath. For once, Brexit woes have taken a back seat and the currency markets have had a little breathing space. With no fresh crises or emergencies, it has been relatively plain sailing this week for Sterling. Perhaps a good time then, to think about making that pounds to euros transfer you had been putting off? Read more “3 Great Deals For Sending Money Overseas: Pounds to Euros”

3 Of The Best Expat Overseas Bank Accounts

Overseas investment; property, financial, or business related; supporting family and relatives overseas; moving and living abroad; importing or exporting goods over the medium to long term.

These are all good, and prominent reasons for taking extra care that you are managing currency exchange rate risk effectively. Failure to do so; using a high street money transfer company last minute to make a significant transfer of funds from pounds into euros, dollars, or renminbi, for example; can result in paying way over the odds, in fees and charges, or exchange rates skewed in the vendors favour. It could cost you 5% extra each and every time you make such a transfer, research shows. Read more “3 Of The Best Expat Overseas Bank Accounts”

Flavors of Fast? 40 Countries Now Using Faster Payment Schemes As Business Case Becomes Unarguable

To use a straightforward example, isn’t it strange that, in a tech-mad world, we still need to employ advanced mental arithmetic skills to work out how much money we have in our bank accounts. Read more “Flavors of Fast? 40 Countries Now Using Faster Payment Schemes As Business Case Becomes Unarguable”

The Ripple Effect – Can The Silicon Valley Decentralised Payments Co. Build On This Week’s New Client Wins?

California based blockchain instant payments platform Ripple has emerged as the leader of a vanguard of decentralised ledger payments solutions that is threatening the hegemony of current FX payments solution incumbent SWIFT. Read more “The Ripple Effect – Can The Silicon Valley Decentralised Payments Co. Build On This Week’s New Client Wins?”

Revolut Rejects Macron Overtures But Can London Stay Ahead Of Paris For Fintech?

Emmanuel Macron is an ex investment banker which may explain why the French President is pursuing an aggressive strategy to try to relocate fintech startups and financial services companies to Paris in the aftermath of Brexit. Can he succeed? Read more “Revolut Rejects Macron Overtures But Can London Stay Ahead Of Paris For Fintech?”

Starting An International Online Business? Try Canada or UK, New Study Says

The dream of becoming the next Amazon-affiliated drop-shipping millionaire is one that most of us have had at some point in our careers, usually after a bad day at the office or a long holiday. But can it be done? Read more “Starting An International Online Business? Try Canada or UK, New Study Says”

Fast Internet, Cashless Payments & Social Media Spying: The World’s Digital Havens Uncovered

This week at The Money Cloud we are taking stock of the latest Internations Annual expat survey. Yesterday we explored the global networking and event company’s overall country ratings, which saw Bahrain emerge for the second year running, as the top rated destination for expats, with Taiwan a close second, Ecuador third, and reality checks for the likes of the UK, India and Saudi Arabia.

But how do the world’s countries rank for all things digital? From always-on South Korea, to the cashless Nordics, to Estonia, the digital nomads paradise, let’s examine Internations findings more closely. Read more “Fast Internet, Cashless Payments & Social Media Spying: The World’s Digital Havens Uncovered”

Breaking Down The World’s Wealthy: How They Live, What They Buy, And Where They Hang Out?

If you are one of the world’s 15.8 million high net worth individuals, then you may well dream of becoming one of its 584,000 multi-millionaires, or even one of just 2,252 billionaires that exist in the world today. Read more “Breaking Down The World’s Wealthy: How They Live, What They Buy, And Where They Hang Out?”

From The Highest & Mightiest, To The Humblest “Unbanked”, Everybody Makes International Money Transfers!

It’s often said that “money makes the world go round”, but in today’s connected world, it may be more true to conclude that, in fact, the world makes money go round.

A Buzzfeed expose this week focused on the now famous – for all the wrong reasons – meeting at Trump Tower on June 9th 2016, between a publicist named Goldstone, a lawyer named Kaveladze, Donald Trump Jr, Jared Kushner, the now President’s son-in-law, and at least two other attendees, including the now disgraced Trump aide Paul Manafort. Read more “From The Highest & Mightiest, To The Humblest “Unbanked”, Everybody Makes International Money Transfers!”

TransferWise Records First Ever Annual Profit, Pledges To Maintain Bank-beating Prices

Amongst the many disruptive fintech startups that have mounted a sustained attack on banks and money transfer operators’ share of the international money transfer market, TransferWise may be the best known, and certainly the noisiest, trumpeting their bank beating rates via PR campaigns and flash mobs, everywhere from the City of London, to the streets of Singapore and now, as far afield as Sydney.

Today the company announced another historic moment in their short history, recording their first ever annual pre-tax profit. Read more “TransferWise Records First Ever Annual Profit, Pledges To Maintain Bank-beating Prices”

Ripple Attacks SWIFT Market Share In India, Announcing New Partnership With TransferGo

Last month, we looked at the fragmented Indian payments and overseas money transfer market, which, thanks to its size, estimated at over $70 billion, is attracting competitors from Silicon Valley tech giants, disruptive mobile startups, domestic players, and the might of China, a country that is truly mastering micro-payments.

We also suggested that blockchain based international payments could be a coming force in India, and news reaches us this week that European digital payments provider TransferGo is announcing a new partnership with Ripple, the California based blockchain platform designed for real-time payments.

TransferGo CEO Daumantas Dvilinskas declared himself “delighted” to be able to offer remittance customers the ability to send payments in real time, using banking partners based in India, a service that Ripple’s considerably larger, in terms of market share, rival SWIFT is unable to offer.

SWIFT has been the market leader when it comes to providing the “plumbing” for international money transfer since the 1970’s, but in Ripple, which has developed its own decentralised blockchain system, it maybe encountering a genuine rival.

Asheesh Birla, SVP of Product at Ripple has given some insight into the way Ripple is thinking big in India by revealing that “We realised that if you get the top three banks in India onto Ripple, you get 80% of the market share.” Easier said than done perhaps, but Ripple has already overcome some major hurdles, as we have written about here in the past, and has worked with the likes of MoneyGram, and Santander, to revamp and accelerate their overseas payments infrastructure.

Another major attraction that Ripple has to offer is its price. In their press release, Ripple and TransferGo announced that they want to make sending payments from India to Europe, or vice versa, free of charge, which would place SWIFT under further pressure, to try to be as competitive. Granted, Ripple cannot deliver both superfast payments and free money transfers, as its free service, which uses the mid-market rate, takes 2-3 days, but it is an advantage in itself to be able to give customers the opportunity to either save money, or speed up their transfers. 

And then there is mobile. Ripple realises that the way people send money is changing, moving to mobile rather than through banks or traditional Money Transfer Operators (MTOs); after all, even amongst India’s “unbanked” population, most own a mobile phone or at the very least have access to one, and if you can set up a digital wallet and start sending and receiving money in a few swipes and taps, why make the trek to your nearest bank, which could be a few hours travel away?

Ripple has described its market penetration in India as “high”, as its free service, which offers “zero fees and a mid-market rate,” will take at least 2-3 business days to send the cash to its destination.

Marcus Treacher, SVP of Customer Success at Ripple, commented that “TransferGo is a great example of a forward-thinking payment provider that’s leaning in to new technology to facilitate real-time, cross-border money transfers for their customers. That’s a big step forward.”

Whilst there is no disagreeing with that, and Ripple  will doubtless be encouraged by TransferGo’s declaration that the partnership “opens up new horizons for TransferGo to develop additional products and services”, the Californian company with the big ambitions will have to set their sights higher and capture a significant portion of India’s $70 billion dollar  if they really want to frighten SWIFT.

WorldRemit Makes Move Into African Market For International Money Transfers, Partners With Safaricom

London based international money transfer company WorldRemit has seen its volumes of transfers to Africa increase by 80% in the past year, and is now sending more than $1.6bn at an annualised rate.

The company says that its new proprietary service, launched this week, will reduce the costs of sending money between countries in Africa, which they say are currently prohibitive, although a recent continent-wide free trade agreement signed by 44 African countries has provided hope that the situation can be improved in that regard. Read more “WorldRemit Makes Move Into African Market For International Money Transfers, Partners With Safaricom”

Multi Currency Debit Cards – Should You Have One?

Some people like plastic, whilst others prefer cash. These two payment methods have been around for generations, and, until recently, there has been little to choose between them when it comes to choosing how to pay for goods and services.

Today, however, and particularly in the Western world, it seems that we are increasingly moving towards a “cashless” society, where debit and credit cards, or even mobile wallets, hold sway. But what about when we spend time overseas? Read more “Multi Currency Debit Cards – Should You Have One?”

Who Is Winning The Battle For India’s 1 Trillion Dollar Payments Market

At The Money Cloud we have kept a close eye on the Indian micro-payments market. It is fascinating for a number of reasons: firstly, it showcases some of the most advanced fintech being developed anywhere in the world; secondly, it is a model that it is likely to have a transformative effect on the way people pay for things, not just in India, but all over the world. Thirdly, it is a place where social media giants embrace finance, and lastly, it is an open field and nobody knows who will emerge triumphant from this fragmented and highly competitive market.

In the past, we have looked at Google payments app Tez, Paytm, WhatsApp Pay, and a range of services for sending money overseas, such as TerraPay, Instarem, Ria Money Transfer and more.

This week, an article in Bloomberg revealed that Warren Buffett had invested into Paytm, which demonstrates just how influential and lucrative the payments market in India looks set to become. According to Credit Suisse, the market will soon (by 2023) reach $1 trillion dollars, and stands at $200 billion today. But this volume accounts for just 30% of all payments, with the rest being made in cash. Compared with a market like China, where the mobile payments market is already worth $5 Trillion.

According to journalists Suritha Rai ad Anto Anthony, the major difference between the Chinese and Indian payments markets is that China is a closed shop to foreigners, whilst India’s government is welcoming international players to launch their services in the country. Hence, the world is looking on to see the future of the payments industry being incubated. India’s government is keen to move towards a cashless society, and has provided an enviable payments infrastructure to facilitate digital wallets, and domestic and international payments.

Looking at the numbers, however, it is Indian born services that are leading the way. Flipkart has generated more than 133m downloads, whilst Paytm leads the way with more than 150m. Google Tez apparently has 50m users, whilst another Indian firm, BHIM, has pulled in 32m customers.

What the Silicon Valley tech giants do have, however, is a colossal number of users who may well be tempted to switch their payments habits if the likes of Facebook, Google, and Apple can make their payments options more visible, effective, and a good cultural fit. In this regard, WhatsApp, which is phenomenally popular in India, is one to watch, but is yet to progress beyond the beta testing phase.

Google Tez has changed tack, and is now known as Google Pay, launching with a range of new services including splitting bill payments, and tap-tap-go style functionality that makes pinging rupees around as easy as messaging a friend.

And then there is Ant Financial, the Chinese fintech giant that commands huge volumes of transactions in the East, and is determined to break into markets including Africa, India, and the US, have narrowly missed out on the acquisition of MoneyGram last year.

Finally, could blockchain based payments apps make an impact on the market? Again, here, foreign players are on the charge, with Singapore based LaLa World has been making headlines, whilst online startup mag Inc42 lists no fewer than 13 new entrants, all with ambitions to be the everyday Indians preferred payments choice.

Warren Buffet et al should not expect to have things easy, but as things stand, it seems the Sage of Omaha has backed the right horse.

This content is sourced and brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies.

3 Effective Ways Businesses & Individuals Can Hedge Against The Falling Pound

Over the weekend, news emerged that overseas footballers in the UK; of which there is a higher proportion than in any other international football league; have been attempting to hedge against further falls in the value of Sterling.

Sterling has fallen around 15% against both the euro and the dollar since Britain voted to leave the EU, dropping 3% in the past 3 months, and creating problems for businesses and individuals alike. In the case of the Premierships’ multi-millionaire footballers, many are asking to be paid in Euros, a request which football clubs, even those as rich as Manchester United, are struggling to accede to, due to the fact they do not hold sufficient foreign currency reserves.

Currency hedging can be a tricky business; knowing when to buy or sell a currency is an instinct that the best FX currency traders, for example, possess, but not even they can get it right every time. So what are the best options for individuals and businesses with financial commitments overseas? Let’s look at 3 strategies that might help to protect against unexpected, unplanned for losses.


Take control of your risk with financial projections

If you are a seasoned entrepreneur, business owner, or traveller, you may feel that you have an understanding of how currency movements play out, and what can be done to hedge against them. But experience alone is not enough; to ultimately make the right choices, planning ahead is essential.

All businesses, and even most domestic households, create budgets to try to plan for the future. In order to plan a currency hedging strategy effectively, it can be useful to plot different scenarios; a best case, worst case, and most likely case, for example, is a good start.

By plugging in different currency fluctuation scenarios into your budget, it should be possible to calculate when, for example, a sale and delivery of goods overseas becomes unprofitable, a holiday or spell abroad becomes prohibitively expensive, or, alternatively, when it becomes attractive to spend in the short term for longer term financial gain.

There is no guarantee that your scenarios will play out in real life, but they can certainly provide an effective way to manage your currency risk. It is up to a business, or individual, to decide how much appetite they have for risk – but before doing that, it is essential to have a clear picture of what kinds of problems and issues different attitudes towards currency risk will throw up. Fail to prepare,prepare to fail, as they say.


Consult a professional broker

If you are do not feel confident about which strategy is best for you, your family or your business, then it may be worth reaching out for professional help.

International currency brokers naturally charge a fee for their work, so it’s important to decide if the level of risk you are exposed to justifies the extra cost. Sometimes, currency related losses are simply unavoidable due to market, or political forces; witness the current situation in Venezuela, for example, where the government has been forced to launch its own Petrodollar cryptocurrency, a hedge against the Venezuelan Bolivar, which has simply spiralled out of control owing to uncontrollable levels of inflation.

If your currency risk exposure is long term and consistent, however, i.e. you are making regular overseas payments or regularly selling goods overseas, then a broker can help. They are likely to have a superior knowledge of how the markets may move, and not only that, they have access to vast, cheap, quantities of foreign exchange, giving them a significant advantage in the marketplace.

Interacting with a broker on a regular basis will improve your own knowledge of the FX markets, so you may not need to consult directly with your broker over every transaction, but if you have a significant foreign currency exposure, working with an FX broker represents a no-brainer.


Open a self-managed account

Thanks to the rise of disruptive technology, there is a great deal more transparency around the FX markets than there once was. Most brokerages, and a growing number of fintech startups, provide the means for you to run your own currency hedging service. There is no shortage of newsflow, either.

Comparison sites like The Money Cloud can give you an instant overview of the rates, fees, and transaction times offered by a range of MTOs (Money Transfer Operators), and even provide a digital dashboard that helps you quickly negotiate AML (anti-money-laundering) and KYC (know your customer) checks, store all of your transaction history for future reference, and even use techniques such as AI and machine learning to help guide your decision making process.

Brexit has created huge disruption in the value of Sterling, and the instability shows no signs of abating. Within the EU, nothing is guaranteed, as trade wars with the US and differing political agendas create uncertainty, whilst the US, China, Russia, Africa, the subcontinent, Asia and Australasia all have a role to play in sudden and unexpected foreign exchange fluctuations.

As discussed above, there are many different strategies that you can use to protect your own interests, whatever they may be; the one thing you can’t do, in the current environment, is do nothing. Other than that, it is up to you; whether you are an entrepreneur, traveller, or pro-footballer; to decide how best to hedge your currency exposure.

How International Trade Secretary Liam Fox Plans To Turn Britain Into A “21st Century Exporting Superpower”

400,000 British businesses believe they have the capability to export goods, but are not doing so, whilst at the same time, international demand for British goods is growing, the government revealed yesterday.

Dr Liam Fox, the International Trade Secretary has used these figures; and the news that British overseas exports have grown by £26 billion year on year; to reinforce his belief that British exports can meet his target of contributing 35% to UK GDP, after the UK leaves the EU at the end of March next year.

Last year British companies sold some £620 billion worth of goods to overseas buyers, which accounted for 30% of GDP; a record high, according to the Department for International Trade. The government is keen to build on this recent success, and has responded to calls from businesses with a new Export Strategy that will look to encourage and inspire more businesses to export, place “increased focus on amplifying the voice of existing exporters”, “facilitate peer-to-peer learning, and “inform businesses by providing information, advice and practical assistance on exporting.”

The government will work on converting its Greatgov.uk website into a one-stop-shop for exporters, helping to connect UK based businesses with overseas clients, working with larger companies to build the capability of supply lines, providing financial incentives, and supporting SMEs as they enter new markets.

The Department for International Trade also wants to launch an awareness campaign to alert British businesses to an estimated £50 billion of export finance and insurance support available from the UK Export Finance organisation, as well as 250 International Trade Advisors based all over the UK who support what the government refer to as “Export Champions”, and invite more companies to join the nationwide network of exporters, using the slogan “if we can, you can”.

Dr Fox told reporters in a speech that “as we leave the EU, we must set our sights high and that is just what this Export Strategy will help us achieve”, adding that “UK businesses are superbly placed to capitalise on the rapid changes in the global economic environment and I believe the UK has the potential to be a 21st century exporting superpower.

Baroness Fairhead, Minister of State for Trade and Export Promotion at the Department of International Trade, also commented that “As the world’s sixth largest exporter, we do punch above our weight, however, we also punch below our potential. This Export Strategy sets out to change that and to increase exports as a proportion of GDP from 30% to 35%, taking us from the middle of the G7 to near the top. This is ambitious, but achievable.”

From a currency perspective, the Brexit effect has been nothing short of disastrous, with the pound dropping nearly 30% against the euro and the dollar since the referendum on 23rd June 2016. All the more reason for always looking to get the best deal when you are making transfers of money overseas. Using The Money Cloud to discover the best rates offered by leading brokers and money transfer agencies could save you as much as 80% on fees, per transaction. Aimed at businesses and individuals, it’s easy to use and guarantees you get all the facts before making a decision that can save you a substantial sum.

Are Brexit Woes Boosting Britain’s Luxury Goods Market?

This week the pound has hit new lows for the year against both the Dollar and the Euro. Upbeat trade news from the US coupled with rising inflation rates in the UK has seen the pound drop as low as $1.27 against the dollar, whilst weak retail sales figures and the looming threat of a no-deal Brexit caused a drop against the euro to €1.12. Read more “Are Brexit Woes Boosting Britain’s Luxury Goods Market?”