- Monthly loan payments: $300
- Rent + utilities: $400
- Food: $100
- Entertainment/adventure/leisure: $50
- Savings: $100
- Business costs (website maintenance, advertising, travel, etc.): ?? $50 ??
(*note: I acknowledge that if necessary, I could cut out adventure/entertainment, savings, and shave some off the food budget: perhaps subtracting 50+100+25= 175, or $775)
To Acquire Before Leaving:
- MacBook Pro: $1,269
- Digital camera: $3,000
- Unlocked iPhone & local SIM card: $450
- $5,000 to open account with First Republic Bank in California - awesome for travelers!
- 3 months buffer to cover first three months of relocation without needing to full-time work
Yeesh!!! That's a little absurd, no?
I could move abroad tomorrow, with no laptop (I have an iPad and keyboard), no digital camera, no fancy phone (buy a cheap local on arrival), no fancy bank account with no fees (keep my current account and pay hefty fees for international transactions and withdrawals), and no buffer.
I think there's probably a nice middle ground to be found. I just wanted to give you a sense of what my 'ideal', 'safe', 'high-town-and-fancy-to-do' vision of being a freelancer abroad looks like.
And then we'll see how I actually make this happen.
Because there's NO WAY IN HELL that I'm waiting until I have $12,000 saved up to move. And you shouldn't either.