Thoughts before WHV Part 3
Finances & Insurance
When it comes to finances and insurance, I want to keep it general again, as what is right for one person may not be right for another. This is only intended as a guide.
What should I do with my flat?
Keeping it can be a burden on your travel budget. How far away is my family from the flat? Is it worth bringing my belongings back and moving somewhere else? Do I want to change my home town so drastically?
Can I cancel my insurance policies? Can I change my savings contributions?
What about insurance policies and which ones are currently valid? When is the respective cancellation period so that I can do it on time? What do I currently have that I could do without? Is it the gym, streaming services, or could I imagine going to restaurants less often before the trip? How do I change my savings plans? Quarterly, half-yearly or only once a year when I'm not in Austria?
Which WHV insurance should I take out? Young Traveller or Education60?
It's entirely a matter of taste; whichever one appeals to you more is the one you should take.
How do you see it?
What questions are you concerned about in this area? Write to me on my Instagram account – I'm excited to hear about your journey!
