Money guides for people living in Spain who support their family abroad

How to work out how much to spend per day, compare the real cost of a money transfer, split expenses as a couple or flatmates, and organise your budget.

• How much can I spend per day? How to work it out from your salary

  A simple method to know how much money you have free each day after paying fixed costs, saving, and sending money to your family.

• How to compare the real cost of sending money to your country

  Fees, exchange rate and delivery times: what to look at to know what a transfer really costs and how much your family will receive.

• How to split expenses as a couple or in a shared flat

  Equal shares or proportional to what each person earns: how to split rent and bills without arguments and know who owes whom.

• Monthly budget if you send money to your family abroad

  How to organise your month when part of your pay travels home: put the transfer first, keep an eye on the exchange rate, and don't run short.

• How to make a monthly budget from scratch (step by step)

  A simple budget in five steps: record what comes in, what goes out, set a limit for each thing, and review it mid-month.

• The 50/30/20 rule: what it is and how to apply it, with examples

  Split your pay into needs, wants and savings. How the 50/30/20 rule works, an example, and when to adapt it.

• Emergency fund: how much to save and where to start

  What an emergency fund is, how many months of expenses is usually recommended, and how to start one even if you struggle to reach the end of the month.

• Small everyday expenses: how to spot them and what they cost per month

  The small daily expenses you don't notice but that add up: how to find them in your transactions and what to do about them without making yourself miserable.

• When to send money abroad? How the exchange rate affects it

  Nobody can predict the exchange rate, but you can reduce the risk: send every month, follow the rate, and don't depend on a single day.

• What you need to send money abroad and how to avoid fraud

  The details an international transfer usually asks for, the signs of a scam, and how to check that a service is trustworthy.