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#89 Budgeting for Your Move Abroad: How Much Do You Really Need?

Author
Richelle - your Move Abroad Coach
Published
Tue 03 Dec 2024
Episode Link
None

One of the biggest questions I hear is, “How much money do I need to save to move abroad?” Unfortunately, you're probably going to hate the answer —it depends!

But today, I’m breaking it down for you with tips to DIY your budget, inspired by a recent workshop with my Freedom Life clients.

Whether you’re planning your move months in advance or trying to figure it all out last-minute, this episode will help you create a realistic budget for pre-departure costs, first-month expenses, and monthly living costs so you know EXACTLY how much you need to save before you move (and how much you need to make to have a good quality of life abroad). 

What You’ll Learn in This Episode:

  • Pre-Departure Costs: Flights, visas, shipping, pet expenses, and more—what to include and how to estimate.
  • Monthly Cost of Living: How to research and calculate expenses like housing, food, and transportation in your dream destination.
  • First-Month Budget: Unique expenses like deposits, Airbnb stays, and setting up your home abroad.
  • How to Save Faster: Simple tips for cutting costs, travel hacking, and selling belongings to build your savings.

I’ll also show you how creating a clear budget can reduce anxiety, help you make better decisions, and even show you how much you’ll save by living abroad.

Resources Mentioned:

  • Move Abroad Budget Calculator: Get the tool I use with my clients to calculate pre-departure costs, monthly expenses, and savings. Grab it here.

Final Thoughts:
Budgeting isn’t just about the numbers—it’s about creating clarity and confidence in your move abroad plan. Tune in to learn how to take control of your finances and start planning your dream move today!

Don’t forget to subscribe, share this episode with a friend, and follow me on IG if you're ready to finally move abroad.

Want to explore our Freedom Life Programs?
Send us a DM on IG or FB letting us know you want to explore our Freedom Life coaching programs. Or, send us an email at [email protected].  No matter when you’re ready to start, we’ll help you find the right fit.

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 All the Links You Need:
Grab the Move Abroad Budget Calculator
My favorite travel-hacking credit card
Check flights on Skyscanner 

Love this Episode? What to Listen to Next:

  • #15 No you DON'T have to have a ton of money saved up to move abroad
  • #77 Procrastination is pricey - why waiting to move abroad is costing you
  • #81 Moving abroad won't fix everything but it sure solves a lot 
  • #32 No you DON'T have to wait 2+ years to move abroad 

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