How Much Pocket Money You Really Need for Your Internship

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You’re absolutely ready to start your Erasmus+ or Turing Scheme internship and you can’t almost sleep because you’re so excited! The flights are booked, you already know which company you are going to be part of for the next couple of weeks and TravelEdventures have even handled all of your activities. It seems that everything is perfect, and nothing is missing, right? Just one little thing you must consider before boarding the plane. How much pocket money do you want or need for your Erasmus+ or Turing Scheme mobility? We want to ease the decision-making-process for you and tell you what to keep in mind when calculating your pocket money for the time you’re away from home.


Cost of Living

It is no secret that the cost of living differs from destination to destination. There are more expensive countries and cheaper countries. Check out your new home before traveling. We have written this article about the cheapest Erasmus+ and Turing Scheme destinations for your benefit.



We are sure that you also want to have fun while being abroad, right? It’s not the weekend of dreams without enjoying an exceptional activity! So, bear this in mind and make a list of all the activities you want to do at your Erasmus+ or Turing Scheme destination before leaving your home country. This will help you to calculate the ticket prices and any other expenses necessary for a specific attraction.


Book in Advance

Booking your preferred activities, sights, tickets for public transportation etc. and paying them in advance has two advantages. The first is that you won’t have to take as much money during your Erasmus+ or Turing Scheme internship and the second pro is that there will be no need to wait in long queues to buy your entry ticket for an activity.


Comparing Your Destination to Your Home Country

As mentioned before, there is a ranking that shows how expensive a country is or where the country is placed relating to the costs of living. If you’re going to benefit from an international work experience in a country that’s similar to yours, just compare how much money you spend monthly normally, but don’t forget that you will most likely spend a bit more for activities or other things you want to do.


I think we could give you some ideas on how to calculate your pocket money before starting your Erasmus+ or Turing Scheme work placement, right? If you have some other ideas as to how an intern can calculate how much money they need abroad, drop a comment below.

As an experienced travel agency, we would love to give you some hints relating to your pocket money:
  • Never store your money in one place. Separate it into specific sums to as a backup in case you lose it!
  • If possible, use your debit or credit card to avoid carrying a lot of cash. Just in case you didn’t know there are no fees in the euro area.
  • Memorize your PIN code don’t write it on a notepad or on your bank card!
  • You never know what will happen, so please arrange insurance for your mobility. Check this blog to learn more about that important topic.

Now, you’re ready for your exceptional Erasmus+ or Turing Scheme internship. Pack your suitcases with a good conscience and enjoy your stay. If you need help with any mobility-related topic, don’t hesitate to get in touch with us, we are here to help you!

 These two blogs are informative for Erasmus+ Project Management & Execution and Erasmus+ Funding