Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Thursday, October 1, 2009

Cost of living in Australia

How much money would one need to get settled in Australia and not worry about anything for 2 months?

Friends in Australia would be a great thing to have, but at the time I wrote this article I wasn't that well connected so I just googled variations of the following words: australia/melbourne/sydney living costs/cost of living. And I'm resume what I found to be relevant.

According to Taylor's College (last updated in Nov 2006) the Total monthly rounded costs are:
Melbourne: 1700 AUD; Sydney: 2000 AUD

According to Australian Catholic University (last updated in May 2009) the Total monthly rounded costs are:
Melbourne: 1300 AUD; Sydney: 1400 AUD


I will consider the money objective accomplished when I have 1700*2 = 3400 AUD spare money. That's around 2050 euros.

These would add to the other costs (plane ticket, visa costs, exams that I'll have to take etc.)

Wednesday, September 30, 2009

Money, get away (Pink Floyd)

I'm the kind of guy that is into the idea of having a safety net in case I fall. I agree that the most beautiful things in life are free, but it's different when someone else provides you the the means to get through every day life.

So, I won't emigrate to Australia (all by myself) without enough money that would allow me to buy accommodation/food for up to 2 months (nothing fancy, just everyday needs).

At this moment I think this is an important aspect to take into account if you emigrate to another country. And that period of time should be enough to allow me to find a job and adapt to the new living conditions/culture/people.

Next stop: the calculus for this sum of money and the way I plan to raise it.

Friday, September 18, 2009

Making some financial decisions

I'm happy to be able this post from my phone, on my trip back to Bucharest from home. Sorry for the missing formatting :)

I'd like to talk about an important decision I made in order to rise the money I'll need for my departure.

A little background first: this year I've finished my undergrad courses. For the last 4 years I've lived in a student dorm in a room with other 2 students.

Starting this fall I will loose my right to stay in the dorm. So, I'm faced with 2 choices:
1) I'll move to a 2/3 rooms apartment and find apartment mates.
2) I'll buy a place in the student dorm (illegal, but overall cheaper).

Both choices have advantages and disadvantages. Main advantages: no 1 offers a lot more comfort; no 2 is really money efficient.

My decision is made: I will sacrifice my personal comfort.

Later Edit:  My initial to buy my place in a student dorm successfully failed. The price was too big for the living conditions that it offered. So I went with moving to an apartment.
Now I have my own room (that I'll make as welcoming as possible), no one disturbs me and in a very short while I'll adapt to the new neighborhood.
I estimate this move will cost me at most 700 ron per month, so I'll have to be careful with the ways I'll be spending money if I want to save money.