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Posts Tagged ‘ Budget ’
Time to fill these empty wallets!

Time to fill these empty wallets!

Before I left the U.S. I feared ACLE didn’t really exist.  We move to Italy, live in a different city every week, stay with Italian families who feed us all our meals AND we get paid a salary in Euros??  In return for teaching English??

Fortunately the ACLE benefits are all legit or I’d be pan handling for airfare home in the Rome terminals right now.   I have no savings and my parents have made it clear that they will not be bailing me out of any financial crises.

The other Jet Setters have tight purse strings as well.  Courtney still shares an apartment with her boyfriend back in New York so every Euro she makes will go towards her rent, bills and college loans.   Lynne  doesnt where  know where she will be working after her summer with ACLE so she is putting away money as she plans her next life move.   Perrin has been saving for the past year to travel round-the-world, but she is still being careful so she can extend her journey for as long as possible.

It turns out that no matter how many college degrees we obtain, being born with an American tongue will always be our most internationally marketable skill.  English pays.  We could literally get by here spending zero dollars.  Here is a breakdown of our budget:

Plane ticket: Out of your own pocket.

Orientation fee: £150.  That covers a TOEFL certification (usually two to three times this cost!) and hotel and meals for the one week orientation.

Wages: Perrin and Sarah (newbie tutors): £225 per week.  Lynn and Courtney (returning tutors): £255 per week.  We get a £50 stipend every Friday but ACLE holds on to the remaing salary until the last day of tutoring.  This is fine by me since I tend to spend any money in my possession.

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Some stuff you won’t see in the episodes:

Dinner with Boyfriend's Bro

Dinner with the BF's Bro

Via Piero del Francesca

Via Piero della Francesca

The Best Terrace in Milan

The Best Terrace in Milan

(Version française plus bas)

Funds on Dec 14th: 294 093 Dong + $50 ($65.92) ( 46€)
Cash input: 2 000 000 Dong ($108.28) ( 75,57€)
Current funds, on December 20th: 907 000 Dong + 5 dollars ($54.10) (37,76€)
Spent: 1 387 093 Dong + 45 US dollars for rent 
($120,10) ( 83,82€)


Where did the money go?

- One week of rent (7 nights): $45 + 76 000 Dong ($49) ( 34,2€)

- Activities: 1 ticket to swimming pool: 12 000 Dong ($0.65) ( 0,45€)


- Meals and drinks: 587 000 Dong ($31.78) (22,18€)

- Groceries: 141 015 Dong ($7.63) (5,33€)

- Cosmetics 154 900 Dong ($8.39) (5,85€)

- Transportation: 36 000 Dong 
 ($1.95) (1,36€)

- Miscellaneous (haircut, post office…): 328 700
Dong ($17.80) (12,42€)

This week, I went to internet cafés more often. I had a haircut because I couldn’t stand my hair anywore. I bought some cosmetics that I’ll need during my Christmas holidays. And I sent some stuff in the mail.

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Cerre semaine, je suis allée dans les cyber cafés plus que d’habitude. Je suis allée chez le coiffeur car je ne supportais plus cette balayette dans mon cou. J’ai acheté des produits d’hygiène en prévision des vacances de Noël. Et j’ai envoyé quelques trucs par la poste.

(Version française plus bas)

Funds on December 7th: 1 319 000 Dong + 99 US dollars =3 128 720 Dong ($171.15) (115,29€)


Current funds on December 13th = 1 108 583 Dong ($60.70) ( 41,67€)

Spent: 1 124 907 Dong + 49 US dollars for rent (895 230 Dong) = 2 020 137 Dong
 ($110.60) ( 75,95€)


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All righty. Things are pretty settled and established so week to week there hasn’t been much change. Items of interest this week include our accommodation going up by 20% (“high season”) and a motorbike rental which, even with buying gas, is actually cheaper than taking the very affordable xe oms (motorbike taxis). Then there was our karaoke night out and going to see Ratatat (again) at a new club which totally blew the budget.

For my fifth week (Dec 2-Dec 8), I spent an average of $20.22 per day (384,180 dong/day).  Here’s a general breakdown of where it went:

lunch/dinner at restaurants: $29.00 for the week, average of $4.14/day

water/snacks/drinks/groceries for breakfast: $12.47 for the week, average of $1.78/day

beer: $9.74 for the week, average of $1.39/day

taxis and buses: $2.53 for the week

motorcycle rental and gas: $13.68 for the week, average of $1.95/day

accommodation: $47.60 for the week, or $6.80/night

manicures: $2.84

karaoke, cover charges: $23.68 for the week

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So, for my fifth week, I spent $141.54. My balance from the end of week four was $340.80, so that leaves me at $199.26. I don’t get paid until Jan 1st so hopefully it can stretch that far.  Doubtful. But the Jan 1st cheque will be big so I’m not too worried. At this point, I am living very comfortably, have my own motorbike, and am eating pretty much whatever I want. You could definitely do it for cheaper but hovering at the $20/day mark is working perfect for me.

(Version française plus bas)

Funds on Nov 30th: 2 307 200 Dong ($126.18) (84,29€)
Current funds on December 6th: 1 319 000 Dong + 1 809 720 Dong (=$99 remaining from
paycheck)= 3 128 720 Dong ($171.15) (115,29€)
Spent: 1 792 520 Dong ($98) (66€)

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Has it been 4 weeks already? Holy crap. How time flies.

I will just say that being sick is great for the wallet. I was taken down with a nasty stomach bug so for a couple days I didn’t really eat much. Spent a lot of time lying on my bed which was conveniently located right next to the bathroom. Although because I was so weak, I spent more on motor-taxis as I kept attending my classes but didn’t have the energy to actually walk there myself. Oh yeah, and I GOT PAID THIS WEEK! YAY!

For my second week (Nov 25-Dec 1), I spent an average of $13.88 per day (263,700 dong/day). Compare that with an average of $20.54/day from last week. This is directly linked to the fact that I was ill so my beer and food consumption went sharply down and I managed to sneak into the Loreto Fest to see Ratatat which was normally a $25 ticket. Here’s a general breakdown of where it went:

lunch/dinner at restaurants: $30.26 for the week, average of $4.32/day

water/snacks/drinks/groceries for breakfast: $9.95 for the week, average of $1.42/day

beer: $0 (you now know how sick I really was)

taxis and buses: $15.85 for the week, average of $2.26/day

motorcycle rental: $1.32 for one day

hotel accommodation: $42.41 for the week, or $6.06/night

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So, for my fourth week, I spent $99.79. I got my first paycheque which was 7,000,000 dong ($368.00). My balance from the end of week three was $72.59, so that leaves me at $340.80. I have started renting a motorbike ($1.32/day), but that will actually work out cheaper than the taxis I’ve been taking. Now if I can just manage not to kill myself…

A bit of a bummer is that our accommodation cost is going up. We had an “arrangement” to fix the price, but apparently the owner forgot about that initial conversation and effective December 1st, our housing is going up by 20% for the remainder of our time here (for “high season”). It’s a bit late to start looking for a proper apartment (we’re only here for two more months), and we all really like it where we are so we will probably suck it up. Still not cool, though, Hai Ha!

Well, the answer to that question is: progressively broker.  I am working, but I don’t get paid until the first of each month (no bi-weekly pay here).  And I’ve been spending more because I know that money will be coming in…eventually.

For my second week (Nov 18-24), I spent an average of $20.54 per day (3.655 million dong).  Here’s a general breakdown:

lunch/dinner at restaurants: $34.05 for the week, average of $4.86/day

water/snacks/drinks/groceries for breakfast: $9.27 for the week, average of $1.32/day

cover charge for clubs and beer: $21.97 for the week, average of $3.14/day

taxis: $11.80 for the week, average of $1.69/day

gambling: $5.62 (lost a bet)

1 hr massage: $12.36 including tip

hotel accommodation: $42.41 for the week, or $6.06/night

unaccounted for: $6.30

I’m planning on getting a motorbike this week which will save me on taxis…it will cost me about $8.50/week to rent my own. Easy choice if you’re willing to brave the traffic.  I also separated the beer budget out because lumping it in with groceries and snacks is simply misleading.  And I’ve been drinking a lot more beer lately.

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So, for my second week, I spent $143.78.  My balance from the end of week one was $216.37, so that leaves me $72.59. I will have to dip into the credit card until I get paid because the money won’t stretch until the 1st of the month.  But my first paycheque will be about $364.00 so I’ll catch up with that.  But waiting until the 1st of the month to get paid will screw me for a bit…December will be tight but then my cheque in January should be over $1300.  The idea is more longterm…

(Version française plus bas)

Funds on Nov 16th: 3 012 283 Dong ($168.45) (113,05€)
(PS: I made a little mistake last week: I had 3 012 283 VND left, not 2 908 000 VND)
Current funds, on Nov 22nd: 579 283 Dong ($32.39) (21,73€)
Spent: 2 433 000 Dong ($136) (91,25€)

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I’ll have to admit, knowing that I have a job has taken a lot of pressure of the whole financial situation.  However, in true Kris form, I neglected to ask when I get paid so things could get a bit tight before that first cheque comes in.  But I’m spending under $20/day including accommodation, transportation, food, etc., which was my goal, and there’s a lot of room to save in there if need be.

For my second week (Nov 11-17), I spent an average of $19.69 per day (2.454 million dong).  Here’s a general breakdown:

lunch/dinner at restaurants: $36.91 for the week, average of $5.27/day

water/snacks/beer/groceries for breakfast: $27.81 for the week, average of $3.97/day (to be honest, the majority of this is beer)

taxis: $5.06 for the week, average of $0.72/day (this was 3 separate rides!)

sightseeing: $0.84 (War Remnants Museum)

tailors: $17.98 for two custom made shirts

hotel accommodation: $42.41 for the week, or $6.06/night

unaccounted for: $6.80 (give me a break, I’m not an accountant, all right?)

Considerations:  3 days a week, I will be teaching at a school quite far north from where we are.  It’s around $2.25 roundtrip for a taxi, which works out to close to $30/month, or I could rent a motorcycle for around $50/month.  I’m currently having a dilemma about which route to take.  For just a bit more every month I could have my own vehicle which would be awesome, but you are taking your life into your hands every time you enter traffic here and I’m not sure I’m a skilled enough motorcyclist to pull it off. We’ll see.

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So, for my second week, I spent $137.87.  My balance from the end of week one was $354.24, so that leaves me $216.37. Hopefully I get paid soon and the balance starts going up!