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How do you plan your budget with different currencies?


by @leonagano | 5yr  | 8 comments

Hey travellers, how are you doing?

Do you have problems to plan your trip choosing any currency they want? For example, Iโ€™m going to the UK but would like to plan my trip (How much will I spend in housing/food/having fun/attending attractions?) in US Dollar or Euro or any other money.
How do you guys do it easily?

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@lunchbag | 11mo

Bringing this back from the dead with permissionโ€ฆ

My partner and I were tracking transactions in many different currencies in a DIY spreadsheet but it quickly grew tiresome and complicated.

So after earlier this year on my snow-mad journey in Fukuoka, Japan, I built Lunch Money (lunchmoney.app). It is nearing a full-featured personal finance tracker/budgeting web app at this point but at the core, every feature is built with multicurrency in mind.

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@mitch_dina | 2yr

Expensify will convert as it does OCR

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@lia9255 | 4yr

Not sure I understand the problem - are you asking how to plan spending or track it?
I just create an Excel budget spreadsheet in US dollars. There are lots of free online templates - I use vertex42.com. Then I convert any expenses planned or incurred in foreign currencies to USD using xe.com, allowing for a small variance in the actual exchange rate. You can use an app to track (Trail Wallet, Toshl) to track spending and then update your spreadsheet as often as you want. I only track the major expenses - lodging, transportation, food, insurance, student loan payment, etcโ€ฆand allocate a regular amount for incidentals.

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@travelingpm | 4yr

We use Travel Wallet - https://itunes.apple.com/app/id547171665?mt=8 - but I believe itโ€™s only available for iPhone.

The app allows you to enter a home currency, then add up to 5 currencies per trip. Set your budget in the home currency, then add the foreign currencyโ€ฆwith a tap of the summary screen, the budget will change to any currencies you added to the trip. Each destination is a trip for us.

The customizable categories (accommodations, restaurants, groceries) are great, so at the end of the trip we just download a CSV to do pivots, etc. There are columns in the CSV for local currency and foreign.

Hope this helps! Happy Travels. :slight_smile:

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@jonnaro | 4yr

I always make sure to track my spending in a multi-currency capable app like Toshl.

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@wanderingdev | 5yr

No problems here. What currency Iโ€™m spending in really means nothing to meโ€ฆ

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@miles | 5yr

Set the AirBnB currency to your home currency for lodging Qโ€™s. Can you afford 6 mo and a flight?

Then your budget is good enough!

Exchange a few hundred at the airport when you land and have more on youโ€ฆ Banks and currency exchange places are everywhere.

Have an ATM card and credit card in case and you are ready for hands on experience!

Then, Hustle harder once you arrive! :wink:

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@don_lee | 5yr

No, I donโ€™t see any problem with that. Sometimes I donโ€™t even know local currency and exchange rate until I arrive.

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Read and participate in 14,019 discussions on Nomad List

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Best place in Portugal near cool nomads, good surf, and a great cowork spot


in Portugal by @joelnicholson | 5d 4 days ago | 9 comments

Hi there, title says it all. Canadian nomad hoping to find the city/town in Portugal with great, consistent surfing, a solid coworking spot, and a fun group of young nomads. Please recommend!

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Where should I set up my company as a remote worker?


by @beloruchka | 5d 5 days ago | 7 comments

Iโ€™m looking for any recommendations for services or people others have used to get answers on the best place to set up their businesses based on their personal circumstances.

Leaning towards Singapore after a ton of research, but would really like some concrete advice before jumping in.

Appreciate it!

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How to learn a language without taking a formal class?


by @zakamercury | 5d 5 days ago | 5 comments

How to learn a language without taking a formal class, while traveling in different countries?

What advice can you give me?

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What's the best thing to do with your phone/ your phone number when travelling?


in Poland by @davda1546 | 14d 14 days ago | 6 comments

Hey, hope everyone is well!

We're leaving in a month to go travelling. Our first destination is still to be confirmed, but will likely be Poland or Slovakia. We will be moving around every month or two to different destinations.

The question we have is: what do people do with phones/ phone numbers when hopping from country to country? Ideally we'd just like one number for the whole trip (even better, the number we already have) wherever we go, rather than getting new SIMs with different numbers.

This is just so it's easier to keep in contact with family/ clients/ etc.

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How do you track the total number of days you've spent in different countries?


by @gonchs | 1yr 1 year ago | 12 comments

How do you track a total number of days youโ€™ve spent in different countries during the past 12 months?

I find it to be important for visa and tax purposes to know how long and where Iโ€™ve been and Iโ€™m unable to find any software that solves this.

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How do you manage working in different time zones?


by @clusk | 2yr 1 year ago | 12 comments

For those constrained by their businessโ€™ time zone, how do you manage this?

My home office is in Los Angeles โ€“ though I could swing anything in Central/South America, Iโ€™m looking at going to Lisbon or Chiang Mai for a bit. Both of them are >=8hrs difference potentially wreaking havoc on the work + social life + sleep split. This is a common question for nomads but there doesnโ€™t seem to be a lot of posting on the site about it.

What do you guys think? Any Americans working in Asia or Europe that does it well? I could likely negotiate with my supervisor to work in Eastern standard if I was in Lisbon/Europe, which wouldnโ€™t be too much of a stretch. Noon 'til 8pm. A bit more manageable than Chiang Mai or Bali.

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How to find a budget accommodation in Seoul for 1-3 month?


in Seoul, South Korea by @poppyjikko | 4yr 3 years ago | 7 comments

Maybe some of you know good tips ?

Thank you for helping.

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Best ways to get travel/nomad companions in different locations?

 

by @madelineb | 4yr 3 years ago | 24 comments

Hi,
Do nomads like to travel together? I mean, not in each otherโ€™s pockets, but look for accomodation together, meet with each other daily or regularly, help out in new cities, motivate/inspire each other in the business? :slight_smile: Iโ€™ve done nomad lifestyle in the past in 2009/2014 and this time I want to collaborate and support with other people, each on their own mission. I love this nomad endeavour but to be honest I admit it can be quite time-consuming and lonely. :wink:
*Message on NomadList locations?
*Message on Couchsurfing groups? (without sounding like Tinder!)
*Message on other??
Iโ€™m currently in Portugal and heading back to Estonia for January/February (Iโ€™m from Australia). Later in 2017 I am open to places, though Iโ€™m not keen on high pollution, high humidity, high cost cities.
Feedback, interest or ideas welcome!
Thanks, :sunny: Madeline

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What should I budget for a stay in *insert place here*?


by @gigigriffis | 4yr 3 years ago | 6 comments

Hey all!

Iโ€™ve been seeing a lot of budgeting questions floating around lately (not just here, but other nomad forums), so I thought it might be useful to start a thread where anyone who is sharing their nomadic budgets can drop a link (or the budget itself).

I know Betsy and Warren of Married with Luggage share theirs here: http://www.rtwexpenses.com/

My friend Ali isnโ€™t full-time on the road, but she shares real budgets for her trips: http://www.aliadventures.com/category/real-travel-budgets/

Anyone else out there sharing budgets for nomadic life? Please share your links below!

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Living and working in two very different time zones


by @rwill007 | 4yr 4 years ago | 4 comments

If you are living and working out of Thailand (UTC+07:00) but work with people in the New York EST (UTC-05:00) Time Zone, how do you deal / handle the time difference and still be able to enjoy or make the most of the experience without turning into a tired night owl zombie?

Better yet, what do you find to be the benefits / drawbacks of having to work on such a schedule? (specially in Thailand)

Any advice from those who have done it for a long time? (2+ months)

Thanks,
Will

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Blog recommendations for mid-budget nomads?


by @kathrynoh | 4yr 4 years ago | 7 comments

Pretty much what the title says, Iโ€™ve been trying to find a few good blogs to follow by nomads in the mid-budget range. There seems to be a ton in the budget/backpacker range, trying to do everything as cheaply as possible or, in the mid-budget range but are short-term travellers.

There does seem to be a lack of blogs in the mid-budget, long term travel area that arenโ€™t run by professional bloggers & full of sponsored posts. Am I looking in the wrong places or is it just that people in this niche are too busy making a living doing other work donโ€™t bother blogging?

I follow Making It Anywhere, which is good but not updated much. Any other recommendations?

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Do foreign contractors get treated any differently tax-wise?


by @lightmotif | 4yr 4 years ago | 5 comments

Iโ€™m an American who has been a sole proprietor (freelancer) for a long time. Iโ€™ve occasionally hired American subcontractors, who I send 1099s in January. What do I need to consider tax-wise or in any other way financially if I want to hire a subcontractor from abroad?

Iโ€™m also interested in knowing more about any roadblocks potential clients from other countries would have in contracting to me. I havenโ€™t done business across borders yet. Thanks.

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Anyone looking to travel with a group of entrepreneurs through some different islands in Thailand?


in Thailand by @marcob | 5yr 4 years ago | 0 comments

Hi Guys, we are looking for our final candidates for a co-work/adventure trip through several Islands in Thailand - mid/late February. Come join us?!?

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Do you think there are different "tiers" of nomads? What kind of nomad are you?

 

by @marcob | 5yr 4 years ago | 26 comments

I feel I have come across different types or tiers of nomads, eg: you have your backpacker nomad and then maybe a more successful nomad that is travelling without worrying so much about budget, the two seem to resonate more within their own groups. What different tiers do you think exist, if any? How do you differentiate the different groups, and do they play well together?

Iโ€™m curious to hear your opinions, and please describe what kind of โ€œnomadโ€ you are when responding. Thanks.

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