Stocking your Starter Kitchen on a Budget

September 24, 2017January 19, 2018Melissa

Last week, when I posted about how to budget when you don’t know your expenses, a reader asked me how I get my grocery costs so low. I was able to maintain a 65 euro a month grocery budget for a year in Vitoria-Gasteiz of the Spanish Basque Country. Part of this was due to cost sharing with my partner. However, even when I shopped on my own in Huelva, Andalusia, I still averaged a budget of about 80 euros a month. How? The key here is in having a well stocked kitchen. Let’s build your starter kitchen.

What is a Starter Kitchen?

Cooking at home is one of the best ways to save money when you’re on a tight budget. But what do you do when you’re starting from scratch? Let’s say you’ve just moved to a new city. Your starter kitchen is all of the food products you will need to buy to have a functioning kitchen. Before we dive deeper into building your starter kitchen, let’s take a look at what some of my frequent purchases are and what they cost.

Creating a Budget When You Don’t Know Your Expenses

September 14, 2017January 19, 2018Melissa

Creating a Budget

Creating a budget can be very overwhelming – especially when you’ve just moved and you don’t know what your expenses will be. I’ve definitely been there. When I arrived in Spain in 2015, I came with $2000 as my starter budget, but without a plan in place, I blew through over half of it before receiving my first paycheck. If I could do it again, what would I do differently? This is what I recommend for incoming auxiliares de conversacion.

I would begin by creating a budget using the 50/20/30 Rule. Here’s how it breaks down:

50% of your income goes to cover your NEEDS – Things like rent, food, electricity, transportation, internet, etc. These are the absolute basics you will pay for every month.
20% of your income goes to SAVINGS – You may need to buy a plane ticket at the end of the year. Or, if you’re staying in Spain over the summer, you’ll need a summer fund for when other opportunities dry up.
30% of your income can go to WANTS – things that you could do without in a pinch, but make life more enjoyable: eating out, drinks, travel, new clothes, etc. These things are likely the reason you are here.

Creating a Budget with the Auxiliar Income

So how would it look for an auxiliar creating a budget based on this plan?

From Whole Chicken to 12 Meals – Budget Cooking

July 12, 2017September 5, 2017Melissa

One of the best ways to save money on food is to cook at home. I have already written about how I keep grocery prices lower with cost comparisons from various stores. Today I’m going to focus on how to prepare 12 or more low-cost meals–and all from just one whole chicken!

The Value of a Whole Chicken

When I first started doing my price comparisons, I was looking for the lowest price per kilo on chicken breasts. If you remember from my notes, the best price was 5.19 euros per kilo at Mercadona. As I got more comfortable cooking, I started to look at other cuts of chicken, and was really impressed by the price per kilo of a whole chicken: 2.18 euros per kilo!

The only problem was that I didn’t know how to cook a whole chicken. But for a savings of 3.01 euros per kilo, I was sure willing to learn!

Living Expenses in Spain

June 21, 2017June 22, 2018Melissa

Research Your Living Expenses

Before moving to Spain to teach English with the Auxiliares de Conversacion program, I did a lot of research to try to figure out what my living expenses would be. There are some really great resources with sample budgets from different cities, like this series by COMO Consulting. Obviously, there won’t be information for every possible city. Neither of my two cities (Huelva, Andalusia and Vitoria-Gasteiz, Basque Country) were included, but you can still use them as a benchmark to get a pretty good idea.

Something to keep in mind when looking at other people’s living expenses is that even though you see WHAT they spend, you don’t often get a glimpse into HOW they spend. That is what I intend to do with this post. I’m going to use examples of my living expenses from Huelva and from Vitoria-Gasteiz, but the techniques for cutting costs should be applicable in any city.

MY LIVING EXPENSES

Rent: 225

Groceries: 65

Phone: 10

Electricity: 25

Internet: 16

TOTAL: 341 euros

This is my share of required monthly living expenses in northern Spain. Everything else is variable. If you can keep your core living expenses at around half of your income, you’ll have a lot more flexibility for some of the other things you’d like to do, such as traveling, shopping, and saving.

But how do you keep your expenses so low? The cost of living difference does most of the work for you. The north of Spain is considered an expensive region in comparison to other communities in Spain, but with a little planning, you can make it work. Here is a breakdown of my living expenses in the north and the south, and how different choices affect the price.