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FORMER TEACHER - Monthly Expenses & Budgeting


Monthly Expenses:
·       Pay Jarmila (Peter’s grandmother) for your room rent – to be determined (estimate 150)
·       Pay 63 to the national health insurance program using the Tatra Bank phone app.
·       Tatra Bank charges 7-10 per month for your accounts. You are required to have two bank accounts. One for business and one for personal use.

The rest of your money can be split between travel & entertainment or food, toiletries, & cleaning supplies.

Budgeting:
How much you save really depends on how much you spend on food, both cooked at the guest house and eating out. When you arrive you should plan for some start-up costs. For example, you will buy your first box of laundry detergent, some cleaning supplies, a large bottle of shampoo, etc.

You should plan on arriving with at least 500 euros to get you through your first month before your first pay day. This won’t be enough to cover a weekend trip out of Slovakia but it will be enough for initial expenses, food, and a few day trips by bus. If you are a non-EU citizen you need to have another 500 euros to cover your work visa fees.

Below are my actual expenses on food and toiletries for a 15-day period. This includes two Friday/Saturday trips to Bratislava where restaurant prices are a bit higher. This list does not include coffees or beers that were consumed without food. It also does not include any tips I left at a restaurant.

28-Mar
Tesco
4.66€
28-Mar
PizzaTime
9.40€
29-Mar
Tesco
7.27€
29-Mar
Dinner in Bratislava
12.50€
30-Mar
Breakfast at McDonald's (Bratislava)
6.50€
30-Mar
Lunch in Bratislava
9.98€
1-Apr
Tesco
11.64€
3-Apr
101 Drogerie
1.99€
3-Apr
Tesco Pharmacy
9.28€
3-Apr
Tesco
12.69€
4-Apr
Tesco
6.89€
4-Apr
PizzaTime
8.70€
5-Apr
Tesco
5.47€
5-Apr
Dinner in Bratislava
12.40€
6-Apr
Breakfast at McDonald's (Bratislava)
6.50€
6-Apr
Lunch in Bratislava
12.60€
8-Apr
Tesco
19.55€
10-Apr
Kaufland
2.34€
10-Apr
Tesco
8.47€
11-Apr
PizzaTime
9.20€




Total Spent in 15 Days:
178.03€

I think it’s fair to estimate that you will spend 350- 400€ per month in this category. You can clearly save more by cooking every single meal at the teacher house but you will probably appreciate going out a few times a week.

NOTE: The estimated monthly budget below excludes the work visa and related documentation fees. If you end up paying the full 500 euros (Australians, Canadians, and Americans) then you need to deduct another 50 euro each month over the 10-month contract.

Pay for a 29-class schedule
986
·       Rent (estimated for 2019-2020)
-150
·       National healthcare plan
-63
·       Monthly banking fee (estimated)
-10
Net after these three expenses:
763


Food, toiletries, and cleaning supplies
-400
Remaining money for travel and entertainment
363

This is a fair estimate of how your monthly budget will look.

Comments

  1. I see that the jobs for the coming school year are being advertised with a salary range of 800€ - 1200€ per month. When I was there the three teachers were earning 952€ (28 classes), 1020€ (30 classes) and about 1100€ (this included some morning pre-K classes).

    I highly recommend you get your salary expectation in writing before you go. If you actually end up only making 800€ per month you will struggle for money. Also, there are not enough available teaching hours for anyone to actually earn 1200€. I think this is very misleading.

    ReplyDelete

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