How to Plan Your Budget

How to Plan Your Budget

Planning your budget ahead of time — for study, working holiday, or any move to New Zealand — makes life a lot less stressful later. The KONZI Budget Planner, an external tool linked from KONZI, lets you build a cost scenario in six steps.

Steps (6 total)

1. Enter basic info: city, study type, length of stay, number of people
2. Add expense items — flights, housing, food, etc. (set currency and frequency)
3. Add income items — part-time work, rental income, etc. (optional)
4. Check and adjust the NZD↔KRW exchange rate
5. Review initial costs, monthly average, and annual/total cost with graphs
6. Track actual spending in a budget log and compare against the plan

Main Cost Categories

• Flights: one-way/round-trip airfare (one-time)
• Housing: rent (weekly/monthly), bond (one-time), homestay (weekly)
• Tuition & Education: language school/university fees (yearly/one-time)
• Food: groceries, eating out (weekly/monthly)
• Utilities: electricity, gas, water, internet (monthly)
• Phone: mobile plan (monthly)
• Transport & Car: public transport, used car, fuel, insurance & registration (various)
• Insurance & Health: student insurance, doctor/pharmacy costs (yearly/one-time/as needed)
• Visa & Admin: visa application fee (one-time)
• Initial Settling-in: furniture, household items (one-time)
• Leisure: travel, hobbies (monthly)

Categories and frequency can be adjusted freely to your situation — amounts shown are reference averages only.

Build your own budget plan here →