budget for a year

How to Budget for a Year Abroad

“Budgeting isn’t about limiting yourself — it’s about making the things that excite you possible.” The Financial Diet

Why Budget for a Year?

Moving abroad to teach English is a huge step, whether you plan to go for one year or to put down roots. How much money to take with you will depend on where you’re going, but a good rule of thumb is to save up at least 3 times your expected monthly income. Equally important is planning the whole budget for a year abroad. Download my free budget template and follow along. 

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salaries in spain

Average Income in Spain

Average Income: Why it Matters

Updated on December 7, 2020

Average income

The average income of a population is often overlooked when people prepare to teach abroad. We usually want to know how much we can make, and that information isn’t difficult to find. According to Go Overseas, the average income for an English teacher in Spain is between 700 and 1800 euros. As an auxiliar de conversacion, you know that your income will be between 700 and 1000 euros a month, depending on where you’re assigned to teach.

What may be more important than your actual salary, however,  is how it compares to the average salary where you will live. This will determine how comfortably you will live compared to other people in your city on your auxilar income alone.

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