How
should I budget for the transition and move Overseas?
How much money should
I take overseas with me?
Plan for
enough to get you set up, deal with any possible major
problems, and even enough to get yourself back home and
set up there - just in case. Figure out how much that
will cost you - and set that money aside. Don't spend
it. It is your safety net.
Plan
Conservatively
Plan for the
very worst scenario - then you won't have to worry at
all. Yes, people sometimes head overseas with only a
couple hundred bucks and somehow do just fine. And, in
fact, most people really do just fine. Only a small
minority have any real trouble, and even then people who
are willing to tough it out - usually survive and
succeed.
Plan
Optimistically
You are not
probably going to get paid until the first day of the
month after the first complete month you work.
Sometimes sooner, but that is most common. Plan on
needing to buy basic foods and maybe a towel, soap,
toilet paper and other basic necessities. A good guide
would be to take with you - at least what you
will earn the first month on the job. If you can, take
two months.
Plan your
Return
Make sure to
set aside, or save as soon as you can, the funds you
would need to completely set yourself up at home -
should you find you hate working overseas. You
will probably find that setting up "back home" is much
more expensive than setting up overseas.