This 29-year-old left the US for Budapest. Now he makes $120,000 — and pays $800 a month for rent

Read Time:5 Minute, 51 Second


In 2014, I had a life-changing wake-up call: I survived an opioid overdose that put me in the intensive care unit.

Hitting rock bottom made me realize how lucky I am to be alive. I spent some time in my hometown, Memphis, to focus on my recovery and staying sober. Once I felt stable, I needed to figure out my next move.

My friends knew I always wanted to live abroad and suggested I look into teaching jobs overseas. So in 2015, I enrolled in an online program for my Teaching English as a Foreign Language (TEFL) certification, which is often required by schools hiring English teachers . I applied to 50 schools before finally getting an offer from a school in Barcelona, ​​Spain.

I spent a year teaching there before taking my next position in Budapest, Hungary.

Ferenciek Square in Budapest’s 8th District

Photo: Francis Nayan

Two years into Budapest, I grew tired of teaching and wanted to do something new. That’s when I decided to launch my career as a freelance copywriter.

I never got sick of living in Budapest, though. In fact, it has been my home for almost six years now. Here’s how I started my expat journey, as well as what my days look like and how much I spend:

Getting Hungarian residency as a US citizen

The Hungarian National Museum in Budapest, Hungary.

Photo: Francis Nayan

I’m grateful to live in such an affordable city

Francis rents a 1,000-square-foot apartment in this building for just $800 per month.

Photo: Francis Nayan

Here’s a breakdown of my monthly expenses:

  • Rent and utilities: $800
  • Traveler’s insurance (via SafetyWing): $42
  • health insurance (via Generali): $9.25
  • Groceries: $173
  • Restaurants and takeout: $186
  • Leisure activities: $100
  • Gym membership: $53
  • Entertainment subscriptions: $57
  • KATA fees: $139

Total = $1,559.25

I cook most of my meals at home, but will eat out about two to three times a week. Since my monthly expenses are affordable, I have enough money to travel whenever I want an adventurous escape. In the past few months, I’ve visited Portugal, Greece, and even took a trip home to see my family in Memphis.

Since the cost of living in Budapest is so affordable for Francis, he gets to travel to scenic spots like Portugal’s Douro Valley.

Photo: Francis Nayan

I also save about 20% of my monthly for long-term goals, like retirement and buying a house. I use the Truebill app to track my spending and automatically transfer money into my savings accounts.

Budapest: What a typical day looks like

I start my day at 5:30 am The first thing I do is make coffee for myself and my girlfriend.

Then, I’ll go for a 30-minute stroll through the gardens of the Hungarian National Museum and the charming streets of Budapest’s 8th district. Sometimes, I like to go a bit further and walk past Budapest’s vibrant Central Market.

One nice thing about Budapest is that there are many English speakers, mainly young locals and expats, so getting around the city feels easy and safe.

Once I get back to my apartment, I’ll work for an hour or two before taking a break to do Muay Thai training at the gym, which is a 10-minute walk from my place. After that, I might head home to do some more work.

For lunch, my girlfriend and I will cook at home or eat at a nearby restaurant. We love going to Loyola Cafe, a popular spot among locals for its authentic Hungarian food. The bill usually comes out to around $2.97 per person.

Lunch at Loyola Cafe in Budapest is around $2.97 per person.

Photo: Francis Nayan

My workday ends at 3:00 pm I spend anywhere from three to five hours per day on work. Once I shut my laptop, I’ll go for a walk around the 7th district neighborhood to look at the shops and street art.

Dinner usually consists of home-cooked meals. I’ll sometimes use the Wolt app if I feel like getting a slice of pizza or KFC delivered.

Csendes Cafe is a popular ruin bar in Budapest, Hungary.

Photo: Francis Nayan

Moving abroad was the best decision of my life

At 29, I don’t see myself moving back to the US anytime soon. I love that there are so many affordable cities in Europe. Plus, it’s easy and inexpensive to travel to nearby countries.

St. Stephen’s Basilica (Szent Istvan Bazilika), Hungary’s second largest church, is a cultural landmark in Budapest.




If you want to know more about business please go to https://updatednews24.com/category/business/

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. View more
Cookies settings
Accept
Privacy & Cookie policy
Privacy & Cookies policy
Cookie name Active

Who we are

Suggested text: Our website address is: https://updatednews24.com.

Comments

Suggested text: When visitors leave comments on the site we collect the data shown in the comments form, and also the visitor’s IP address and browser user agent string to help spam detection. An anonymized string created from your email address (also called a hash) may be provided to the Gravatar service to see if you are using it. The Gravatar service privacy policy is available here: https://automattic.com/privacy/. After approval of your comment, your profile picture is visible to the public in the context of your comment.

Media

Suggested text: If you upload images to the website, you should avoid uploading images with embedded location data (EXIF GPS) included. Visitors to the website can download and extract any location data from images on the website.

Cookies

Suggested text: If you leave a comment on our site you may opt-in to saving your name, email address and website in cookies. These are for your convenience so that you do not have to fill in your details again when you leave another comment. These cookies will last for one year. If you visit our login page, we will set a temporary cookie to determine if your browser accepts cookies. This cookie contains no personal data and is discarded when you close your browser. When you log in, we will also set up several cookies to save your login information and your screen display choices. Login cookies last for two days, and screen options cookies last for a year. If you select "Remember Me", your login will persist for two weeks. If you log out of your account, the login cookies will be removed. If you edit or publish an article, an additional cookie will be saved in your browser. This cookie includes no personal data and simply indicates the post ID of the article you just edited. It expires after 1 day.

Embedded content from other websites

Suggested text: Articles on this site may include embedded content (e.g. videos, images, articles, etc.). Embedded content from other websites behaves in the exact same way as if the visitor has visited the other website. These websites may collect data about you, use cookies, embed additional third-party tracking, and monitor your interaction with that embedded content, including tracking your interaction with the embedded content if you have an account and are logged in to that website.

Who we share your data with

Suggested text: If you request a password reset, your IP address will be included in the reset email.

How long we retain your data

Suggested text: If you leave a comment, the comment and its metadata are retained indefinitely. This is so we can recognize and approve any follow-up comments automatically instead of holding them in a moderation queue. For users that register on our website (if any), we also store the personal information they provide in their user profile. All users can see, edit, or delete their personal information at any time (except they cannot change their username). Website administrators can also see and edit that information.

What rights you have over your data

Suggested text: If you have an account on this site, or have left comments, you can request to receive an exported file of the personal data we hold about you, including any data you have provided to us. You can also request that we erase any personal data we hold about you. This does not include any data we are obliged to keep for administrative, legal, or security purposes.

Where we send your data

Suggested text: Visitor comments may be checked through an automated spam detection service.
Save settings
Cookies settings