lesson 4: budgeting my experience

11
BUDGETING MY EXPERIENCE

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BUDGETING MY

EXPERIENCE

We want you to have a great experience →

Before leaving… Tickets (Cheap airlines // Multiple

destinations - visa) Insurance (Copy to parents and LC

host) Visa (Super important) Souvenirs / Traditional Costumes Cash (Local money/ $USD/ €) Special outfits (Weather and religion)

Before leaving Ask the LC host about regular

expenses: Transportation Accommodation Food Fun (Clubbing & Tourism) Something you want to do in specific

(Tours & museums)

Check your TN form → TN conditions

What’s provided?

Before leaving

Define how much are you going to take → $1000

Define the time you are going to stay → 6 weeks

Before leaving

Basic 1st week →Cab, Food ,snacks, transport, toilet paper, soap, shampoo → $150

Emergency money → Buffer money → $220

Spending money → $630=630/6 weeks=105=105/7 days=15S M T W T

F S15 15 15 15 15 15

15

Budget breakdown

Paper in your wallet (track your finances)

Pass it in a excel sheet and divide according the item (Food, transportation, clothes, cell, fun, cleaning and internet)

Analyze after two weeks how did your finances go.

Replan if necessary

During

ISIC A cheap country → spending

too much $$$ Lonely planet Free tours Local transportation – buses

/taxis (LC)

Tips

Exercise

Describe your basic expenses for one week.

Now add the expenses you will have if you’ld live by yourself.

Now give them a price according to Kenyan reality

Sum it all up What’s the total?? Surprising? Get rid off the things you don’t really

need. Sum again! More affordable?? Keep doing it until you think is

affordable. Now this is the money you need to take

with you to your exchange.