Tag Archives: money

Money, Money, Money

Hey guys! I am sorry that it took me 2 weeks to make a new post. It’s hard to keep on track sometimes especially with the current weather which is perfect if you want to read a book outside but not that good if you want to have a regular posting schedule.

Also the internet connection didn’t really work with me and it cost me 2 days to upload this video but here it is. I talk about money and how much I hate it! So if you want to hear me rant, go ahead and click play!

But now I’ve something a bit more imporant to talk to you about, and it is also about money. But no, don’t worry not about your money. Well maybe, just a little.

Money was the one and only thing that could have prevented me from going to Korea. My family approves, my friends understand and I am willing to drop my shit any moment of the day just to back to Korea.  But the money!

Tuition fee at Hanyang or any other Korean university is at least double if not triple the amount of tuition I would pay for going to a Dutch university and this scared my parents a lot. They don’t want me to go in debt and they don’t want me to live in poverty either so I made a deal. If I could show them the exact costs for studying in Korea for 4 years and I would be able to make ends meet using all available resources they would let me go.

I did and to be honest it scared me to see the number in the red getting bigger and bigger with each expense I added and it’s scary to know that if I don’t find a job when I am in Korea (or a really nice scholarship) I will have a 50.000 euro debt.

However, I am not here to complain about that but to tell you a few valuable lessons I learned while I made this budgeting plan.

  1. Take everything into account, even unknown expenses. My lists consist of rent, food, clothes, fun, phone, unknown and school.
  2. Don’t just make a monthly overview but also yearly and in my case I even made an overview for 4 years.
  3. Try to make it as accurate as possible. Internet is your best friend if you are looking up prices.
  4. Use every available source to get money, student loans, parents, grandparents keep on trying you will be surprised.
  5. You don’t have to make your budget as tight as possible, leave a little space to breath. Live comfortably but not luxurious.
  6. Save! Even though you might have a little bit of room at the end of the month, this doesn’t mean you should spend all that money because it is ‘left over’. Put it in your savings account and don’t touch it. That way you always have a little something left in months where your budget isn’t sufficient.

 

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