I need help with my Budget...am I over budgeting?
*Monthly**
1. Rent $700 (all in for utilities, water, electric
2. Transportation $400 ($100 weekly)
3. Food $900 ($10 3x a day = $30)
4. Phone & WiFi $100
That's $2100 mandatory bills....
I still haven't
1. Clubbed/Partied
2. Tourist/Travel/Island Hop/Elephants
3. Shopped for new cloths for climate etc
4. Girlfriend Experience
What else am I forgetting????
My plan was to take 20k for a 6 month vacation 25k total with 5k for flight and and visa fees & insurance;
Pay bills in America for 6 months = $6000
14k ÷ 6 months = 2333 remaining Budget
70k savings getting 4% in high intrest saving account pays me an additional $258 monthly bringing my total BUDGET to $2591 ($2600) monthly.
With $2100 in MANDATORY bills that leaves me $500 a month to party/massages/island hop/ elephants and if push comes to shove "girlfriend experience".
Am I OVER or UNDER BUDGETING....AND WILL $500 a month be enough after MANDATORY BILLS are paid to have the kind of adventure that most are looking for?
P.S. I'm 44 so even tho I look foward to some night life nights....I see myself being more of a "visit the islands" lay up and get massages 6x a week and eat good food and visit cool locations over the club scene. But I do party....
TLDR : Answer Summary
The user is seeking advice on their budget for a six-month stay in Thailand, listing expected monthly expenses for rent, transportation, food, phone, and WiFi, totaling $2,100 in mandatory bills. Additionally, they plan for entertainment, travel, and other experiences. They ask for validation if $500 a month after bills will be sufficient for activities like nightlife, massages, and island hopping. Comments from the community suggest that their budget may be overestimated, particularly for rent and food, and emphasize the importance of budgeting for cultural experiences and potential unexpected costs.