JessicaBlack


2. Dream Budget
May 22, 2012, 8:22 pm
Filed under:
Italy Budget
As things are right now
Expenses
Airfare
PDX -> England $1,022
England -> Italy $355
Travel Agency $45
Luggage (if over 51lbs) $60
Transportation
Train/Ferrys $700
Bus/car/taxi $100
Food
Food Cards (24 meals) $160
Food for kitchen $300
Spending money ~
Food (Eating out) $800
Souviners $200
Entertainment $1,000
Required to go Abroad
Italian Visa $150
Passport $135
Clothes/necesities $200
Luggage $100
Pocket cash $200
Program Cost – API
Housing $3,840
Down Payment $400
Medical and Life Insurance $320
Education Fees $10,530
Application Fee $150
Living
Security Deposit for Apt. $250
Hostels/Hotels ($30*20nights) $600
Total $21,617
Income
Family Contributions
Sister $300
Selling my car to niece $300
Famiy Friend $400
Scholarships (so far)
Diversity Acheivement Award $500
API Scholarship
Loans (Income for now)
Federal Ford Direct Loan – Sub $3,667
Federal Ford Direct Loan – Unsub $1,334
Parent Plus Loan $12,082
Summer Job (Jamba)
$9.35/hr 30hr/week ~ $2,200
Total $20,783
Over or Under? -$834
Living small and spending less with expanding income
Expenses
Airfare Cant change the plane tickets – we got them as low as we could find
PDX -> England $1,022
England -> Italy $355
Travel Agency $45
Luggage (if over 51lbs) $0 If we get our luggage under 51lbs
Transportation
Train/Ferrys $500 Depends on how much we travel while there
Bus/car/taxi $0 We will walk rather than riding
Food
Food Cards (24 meals) $160 Already purchased
Food for kitchen $150 Jordan and I will split costs as well as communicate with roomates
Spending money ~
Food (Eating out) $400 Splitting meals and trying new foods
Souviners $50 Not buying anything for my family and barely anything for myself
Entertainment $1,000 We have to go to museums, plays and shows. NO EXCEPTIONS
Required to go Abroad
Italian Visa $150
Passport $135
Clothes/necesities $50 Use what I already have
Luggage $0 If I use mine, or my families old luggage
Pocket cash $0 Including it in the other collumns of expenses
Program Cost – API Can’t change the cost of the program
Housing $3,840
Down Payment $400
Medical and Life Insurance $320
Education Fees $10,530
Application Fee $150
Living
Security Deposit for Apt. $250 Will get majority of it back if no damages (-$75 for carpet cleaning)
Hostels/Hotels ($30*20nights) $250 We look for the cheapest places/stay with aquaintances
Total $19,757
Income Expanding Income
Family Contributions Sending out a letter for Graduation to hopefully receive $ from family
Sister $300
Selling my car to niece $300
Famiy Friend $400
Scholarships (so far) Applying for EVERY scholarship I come across
Diversity Acheivement Award $500
API Scholarship $1,000 Applied for now just waiting for response
Loans (Income for now) Try not to use all the money from loans so that I have some to start
Federal Ford Direct Loan – Sub $3,667 paying them back after I graduate
Federal Ford Direct Loan – Unsub $1,334
Parent Plus Loan $12,082
Summer Job (Jamba)
$9.35/hr 30hr/week ~ $3,000 Work more and cover others employees shifts
Total $22,583 Doesn’t seem like much of a difference
Over or Under? $2,826 Yet when you look at income and expenses together it’s a big difference
Without the Program and Saving for 5 Years
Expenses
Airfare
PDX -> England $1,234.00 Compared rates
England -> Italy $0.00
Travel Agency $0.00 Didn’t go through a agent
Luggage (if over 51lbs) $0.00 Luggage under 51lbs
Transportation
Train/Ferrys $250.00 Using a small airplane
Bus/car/taxi $0.00 Walking
Food
Food Cards (24 meals) $0.00 Barrowing everything
Food for kitchen $150.00 Its hard to be cheap on food
Spending money ~
Food (Eating out) $200.00 Getting samples and sharing
Souviners $0.00 NO souviners
Entertainment $500.00 Being careful
Required to go Abroad
Italian Visa $150.00 Still needed
Passport $135.00 Still needed
Clothes/necesities $0.00 Use what I have and barrow the rest
Luggage $0.00 If I use mine, or my families old luggage
Pocket cash $0.00 Including it in the other collumns of expenses
Program Cost – API $0.00 Not going through the program
Housing $0.00
Down Payment $0.00
Medical and Life Insurance $0.00
Education Fees $0.00
Application Fee $0.00
Living
Security Deposit for Apt. $0.00
Hostels/Hotels ($30*20nights) $500.00 Staying in the cheapest possible
Total $3,119.00 Much better number
Income
Family Contributions
Sister $0.00 No family contributions
Selling my car to niece $300.00
Famiy Friend $0.00
Scholarships (so far)
Diversity Acheivement Award $0.00 No scholarships
API Scholarship $0.00
Loans (Income for now)
Federal Ford Direct Loan – Sub $0.00 No Loans
Federal Ford Direct Loan – Unsub $0.00
Parent Plus Loan $0.00
Summer Job (Jamba)
$9.35/hr 30hr/week ~ $91,200.00 Working $9.50/hr, 40/week, for 5 years
Total $29,800.00 Minus all the bills I have to pay for
Over or Under? $12,000.00 $200 into savings each month
$49,400.00 Left over



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