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Maybe your utility bills are not included in the monthly rent. In that case, you will need to pay those on top of the monthly rent, and potentially to someone other than the landlord, e.g. an energy company.
If a bill is excluded from the monthly rent, then it will usually be calculated based on actual usage rather than a fixed amount.
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Look at the net monthly income you will have abroad and then calculate how much you will need to spend on: Food, insurance (e.g. Health, Travel), transport, entertainment/ leisure, other ongoing costs you’ll have (phone bills, subscriptions, payments back home, etc.)
Whatever’s left is – ap...
Properly managing your finances abroad will have a direct and positive impact on your experience.
The majority of your funds will most likely go on rent. Nowadays, it isn’t uncommon for people to spend around 40% of their monthly income on rent and that’s why, whe...
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