Budget planning
Hi, it is always a question if it is suitable to talk about money. Anyway, i will do it. When you stop working and not earning any money, you have to ask yourself some questions: -How much will i spent? -What do i have to pay? -What insurances does one need? -How long can this go? -Should i keep any savings or spend it all :-) ? Well to maintain the right to get back in my old insurance i have to pay around 70EUR per month, of course without the ability to claim anything. So you also need an new insurance with worldwide coverage. Unfortunately IF-Insurance in Finland, which we used for my expat assignment is not contracting with individuals. They were really great! So i have to look around and most likely might end up with Panteanius which will cost around 1100 EUR per year and person. The insurance for the boat is around 2000-6000EUR per year depending on where you cruise. My contract will pay me a fixed amount if the boat is destroyed, no matter how old it is. Then you have to think ...