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budgeting for a big move

Do Your Research Or Your Budget Will Suffer.

When you are preparing to move some place new, especially abroad, it is important to do your research. Often, the idea of the city in your head is not going to match reality. Loek tried to tell me about Holland in the Summer. He told me all about how our home would not have AC and neither does his office. In my Southern mind, I could not imagine. I was convinced that I was going to die of heat exhaustion. I knew it was bound to be colder there than here. But no air, the Dutch must be insane. It was not until I found a 24 hour streaming webcam and saw that people were wearing jackets in Utrecht, in July.... That I realized, I don't have enough clothes that I can layer.

So what does this have to do with my budget? Well, because of my "oh shit, I'm going to freeze" epiphany, I started spending money on things like jackets. Two beautiful wool coats to be exact. Because in my mind, if the dollar is less than a euro, my clothes might be cheaper here. I also went scarf crazy! When making my original budget,  I didn't think about the fact that I will have to buy things like suitcases. Since I overestimated on the amount of money that I would spend in other areas, I will still come out pretty much on budget. 

Here is my new money saving tip: When trying to save money, it helps me to think about what I can't have if I go out to eat or buy that magazine. When you compare what you could do with the money as opposed to what you want to spend it on at the moment. The better thing will win, hands down. 

Image from Pinterest. I really need to learn the art of light layers. 

 

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Preparation Tuesdays, only slightly less painful than Preparation H!

I realize that a lot of people are interested in just how one moves to Europe from the States. This is a difficult task if you are not in the military, have a job that few in the world can do, or you are not in love with a European who is willing to sponsor you. Even meeting one of these simple requirements makes the task of moving your entire life across the Atlantic Ocean difficult. Each Tuesday, I plan to discuss the ways I have prepared to take this big step:
 
 
 
They say best things in life are free, but they wont move you to Europe. That’s right kids, you need money. For me, I needed money for my visa, about 1300 US. Money for my plane ticket about 1200 US, because of my adorable cat Atti, I needed to fly only certain airlines and I wanted a non stop flight. Money for Atticus’ vet bills. Enough savings for my insurance there for about 6 month and enough to continue paying off my student loans for 6 months. You see, with the type of visa I have, I can’t work until my residency visa is approved so my poor fiancee is stuck supporting my ass, 1950’s style for about 3 months, or longer until I can find a job. Any additional money I can save in my time here will go towards buying a new bed in Holland, trust me, we need it; and paying for our wedding, which will happen at some point in 2012. (Don’t rush me, one life changing step at a time). I will also need a new winters coat.

I just really started saving for my move in mid April. I had some other expenses I had to pay down first. I am really lucky that I have very little in the way of bills, about 500 a month, including my current car payment. Right before I went to Holland in Aprik, I moved back in with my mom, so that was almost an entire paycheck a month going back in my pocket. I am very lucky that my mom has been allowing me to live scott-free because she knows how much I miss Loek and the sooner we are together the better.

I have thee pieces of finical advise that have worked wonders for me. Even if you aren’t planning a transcontinental move, I think they can work for everyone. Here are my suggestions.

1. Know where your money goes. Write down all your spending for a month. I mean everything. I have a magazine obsession as well as a redbox dependency that I kicked to the curb after seeing how much money I was spending. Did you know that you can easily waste over $100.00 dollars in just eating your lunch out? Find out where you are hemorrhaging money and put a stop to it. Look for better alternatives, for example: I now check out magazines for free from my local library. A big place that you are spending money is probably where you live. If you are renting, do you really need a place that big? Probably not, just wait until I post pics of the size of my new apartment in Holland!

2. Pay yourself first, or out of sight out of mind. If you are like me, and you pay different amounts out of different paychecks, it might not work for you to have an amount directly deposited into a savings account each month. What I do instead, is work out a budget for each paycheck as to my expenses, some free just in case money and finally the amount I would like to save. I then schedule a transfer for the day I get paid so that the money will go into my savings account.
 

3. Have something you are planning for. You are not going to save nearly as much money if you start savings account just because you feel you should. For me, being able to be with Loek everyday is more important than a new pair of shoes or a few beers out at a restaurant. Have something in mind and you will be amazed at how easy tiny sacrifices can be to make.

What are some of the ways you save money? Leave a comment, seriously I would love some input here.

 

Image: graur codrin / FreeDigitalPhotos.net
 
 
 
 
 
 

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