In this post we present an exercise around what it costs for you to live on a daily and monthly basis in your own country.
In this exercise, we determine how much it costs for you to live your life on a per-month, per-day basis. We focus on costs, not income or savings.
Directions
- Fill out the spend$/month in each category below.
- Then add up all the categories. This is your monthly spend.
- Divide by 30 (days in a month) to calculate you per-day spend.
- Take these figures and go to What It Costs to Travel – Short & Long Term. We explore how much it might cost for you to travel on a short-term versus long-term basis (under different spending bands).
| Category | Description | Spend $/ Month |
| Housing | Accommodation — Rent, Mortgage | |
| Property Taxes | ||
| Property Maintenance | ||
| Car | Car Insurance | |
| Car Registration | ||
| Gasoline | ||
| Car Service | ||
| Car Payment | ||
| Transport | Passes — Metro Pass, Toll Fees etc. | |
| Health | Health Insurance | |
| Pharmacy, Vitamins, Supplements | ||
| General Practitioner | ||
| Specialist Visits | ||
| Glasses, Contact Lenses | ||
| Family | Childcare Fees | |
| Activity Fees | ||
| Education | School Fees | |
| School Debts Payments | ||
| Utilities | Utilities | |
| Groceries | Groceries | |
| Home | Memberships / Subscriptions — Gym, Spotify, Netflix etc. | |
| Shopping | ||
| Eating + Drinking Out | ||
| Gifts/Donations | ||
| Hobbies | ||
| Miscellaneous | Anything that has not been accounted for in previous categories | |
| Summary | $___ spend/month / 30 Days in a month = $___ spend/day |