Once you’ve worked out your monthly budget for living abroad, make sure you say enough in an emergency fund that ideally is in a different bank account that is for emergencies only. This gives you time to find another job, work out how to cut down your expenses, or get accommodation with a better deal. You want to have a good amount of buffer, ideally around three-four months’ worth of expenses. There are a few different examples that might come up, from losing your job to your car breaking down to your rent going up – anything like that.Īn emergency fund is going to be your contingency to ensure you can afford all your essential payments like mortgages, food, bills, etc. I go into a lot more details in my ‘ What is an Emergency Fund’ article, but here are the headlines that you need to prepare yourself for.Īt its core, an emergency fund is designed to keep you afloat overseas if an unexpected expense crops up. If you are new to budgeting, I highly recommend checking out my FREE resources: ‘ Zero Based Budgeting for Beginners’ and ‘ What is an Emergency Fund’. This 7-month planner and digital moving checklist are very easy to use and will allow you to track your progress along the way. I have created a Move Abroad Planner which is perfect for expats, study abroad students, professionals, international students and anyone else living abroad. It might also help you narrow down where you can live, which is a huge decision. You’ll need to take this into account and save accordingly. For example, Scandinavia is way more expensive to live in than somewhere like Portugal. Having enough money to move abroad is a must, especially if you are moving to a capital city or a country that has a different or more expensive currency than yours.ĭoing thorough research is very important as expenses can easily add up and make your life very stressful if you aren’t prepared for them.Įach country has its own cost of living and some are much cheaper than others. Get the International Moving Planner HERE! These are thinks like budget, visas, jobs, where you’re going to live – all the major stuff that you need to figure out with plenty of time to spare. So, your primary priorities are all the big ticket issues that you need to figure out before you move abroad. Ready to go through and tick off your international moving checklist? Let’s dive in and find out more! I’ve split them up into primary and secondary priorities to help you keep on top on what needs to be done and when : Okay, so here are the areas that we’re going to go through in our checklist. As I said, it might seem like a lot, but many things on this checklist overlap and work together.Īlso, once you’ve completed many of these tasks, it’s going to make your move so much easier, reduce the stress of moving overseas, and once you’ve moved, you can kick back and relax in your new life abroad! There are so many different things that you’re going to want to think about during your move. I didn’t know what to expect and how to prepare myself, but thanks to this experience, I can now share my best international moving checklist and help others prepare! With my first move abroad to China, I made so many mistakes. My main tip is: give yourself enough time to figure out the most important things first (such as a budget, a visa, a job, and accommodation) and everything else will fall into place when you’re there. One question I get asked a lot is how to prepare for living abroad before you make your big move!
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