{"id":28,"date":"2016-04-10T23:37:34","date_gmt":"2016-04-10T23:37:34","guid":{"rendered":"http:\/\/blogs.oregonstate.edu\/shelbyulam\/?page_id=28"},"modified":"2016-06-06T01:32:22","modified_gmt":"2016-06-06T01:32:22","slug":"financial-analysis-project","status":"publish","type":"page","link":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/financial-analysis-traveling-paris\/financial-analysis-project\/","title":{"rendered":"Budgetting Paris"},"content":{"rendered":"<p>Budgets:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-171 size-full aligncenter\" src=\"http:\/\/blogs.oregonstate.edu\/shelbyulam\/files\/2016\/04\/Screen-Shot-2016-06-05-at-5.03.57-PM.png\" alt=\"Screen Shot 2016-06-05 at 5.03.57 PM\" width=\"450\" height=\"232\" srcset=\"https:\/\/osu-wams-blogs-uploads.s3.amazonaws.com\/blogs.dir\/2638\/files\/2016\/04\/Screen-Shot-2016-06-05-at-5.03.57-PM.png 450w, https:\/\/osu-wams-blogs-uploads.s3.amazonaws.com\/blogs.dir\/2638\/files\/2016\/04\/Screen-Shot-2016-06-05-at-5.03.57-PM-300x155.png 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><br \/>\nLinks for scenario 1:<br \/>\n&#8211;\u00a0<a href=\"https:\/\/secure.novotel.com\/store\/index.html#\/en\/rooms?hotelCode=3546&amp;dateIn=2016-12-17&amp;nights=7&amp;adults=2&amp;domainId=www.novotel.com&amp;token=2-u6tksfngdScNEOnZJf-iZbQ_oMov0K-qahWEfB2ZaPgPa8XxdA46z302cdZeIWWAQFb_ojqgp9WqR4qm3TfXCuHQ3mhIsKX03qJDJGNjkr_B4PtrT6X14Swh7iBaNZZrVU6chkJkh3RWR5y8VsVb7vFBrJocgFDIyEUIeV5gB-xlI_zgeKi4kpUOl8EhVOH18y9-YZzRUTRC8IYA3xG4LqPwOOasHi7j1dndS14uyPSVL1Kb7ck-_iGupIlK7JBZc4QbThNvSUfxxwv6wLLuCOck6cMFrDVJIUvKbclbdyHhY9njRFiIdlsclM1WNnTLlCFLSZzBlnKb4ypECrS_PAtHeLlJtAm0GOezkxBFheOMyWcmUlqIlV1gtxNXktl1UPp-96q_dsNgGykbiJwv8P3HDhMV6UTpIErHG0wYvsDjMGJCTdp_PQDW-oVgYTL22L5E8zYjRjUISIBzgGdivjDjOlSGmwKDqNUTCNOuTqnbqVbx9oc3F5_iqa21Q3x7JfD070qAhuUvxyUeSs6FyW5f3hXL_D74wkE4TslQB9GPBQt9V4wGQuDAoB7cV2YNbZb_q1IksjxJJrRFDHr4w8l9V4PULYPf3d1owDjuZ-K9CfWRqjaQXjvwvrm-bLK2blTh7NTIpawqVFIgkbmmjeXH871zfgMewgAR8pIgCdqqR2D6Rb4rq4gie04nFvLNT7_QxHcPctred-oRhFRGxm6de0bDgJjWHfammXaSeQL0904MT5keGD9Go3Zu8Xw_bs9LCnOewDY1EzpQeqQH3sLxVTOaTPQJC0-WzpKh_-nxHl8wquy0tXYHf-P080yrS2HegRLGk6ThC5rrjTfW3qfDOuAqC-g3oFWDlk70XoReo4C2SupdI7TS4Wbbqo_dnhdubmpgQ9BZhPk4TF5p8AwLAqBTZodCBZn5MdHigtXQXh9keUS5kQ8ASVFN5JJmil-1CyVfRz2XYsh4rSpgbdqvltxg01XVleZA\">Hotel<\/a><br \/>\n-for food, entertainment, tips, souvenirs and other cost I found a blog called <a href=\"http:\/\/thesavvybackpacker.com\/budget-for-backpacking-and-travel-in-europe\/\">Budget for Backpacking and Traveling Europe<\/a>. The sight was really helpful in breaking down how much these things cost on average and what you may use the money on.<\/p>\n<p>In order to save for this trip I would need\u00a0to save up about $3256. In order to accomplish this within the next two years I would need to save $135 a month. This however is currently not realistic for my budget as a college student. I would be able to put away about $70-$85 a month. So it will take me about three and a half years. To pay for the entire trip if I saved for 12 months I would need to put away $542.54, for 2 years $271.72, and for 3 years $180.95.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-169 size-full\" src=\"http:\/\/blogs.oregonstate.edu\/shelbyulam\/files\/2016\/04\/Screen-Shot-2016-06-05-at-4.59.19-PM.png\" alt=\"Screen Shot 2016-06-05 at 4.59.19 PM\" width=\"457\" height=\"242\" srcset=\"https:\/\/osu-wams-blogs-uploads.s3.amazonaws.com\/blogs.dir\/2638\/files\/2016\/04\/Screen-Shot-2016-06-05-at-4.59.19-PM.png 457w, https:\/\/osu-wams-blogs-uploads.s3.amazonaws.com\/blogs.dir\/2638\/files\/2016\/04\/Screen-Shot-2016-06-05-at-4.59.19-PM-300x159.png 300w\" sizes=\"auto, (max-width: 457px) 100vw, 457px\" \/><br \/>\nLinks for Scenario 2:<br \/>\n&#8211;<a href=\"http:\/\/www.hostels.com\/hostels\/paris\/pariscoree\/95918?dateFrom=2016-12-13&amp;dateTo=2016-12-20&amp;guestCount=2&amp;p=V_1&amp;o=ratingDesc\">Hostel<\/a>, this is a cheaper way of staying in Paris. It cost a fraction of the price and is usually just as nice. A hostel unlike hotel though is in a personal house where you just rent a room from them. This particular one includes laundry, wifi, and breakfast. Free breakfast will also reduce the price of food per person.<br \/>\n-For food spent I looked at another blog, this lady wrote about her 14 day stay in Europe and how much she spent on food and where she ate. Find the article on <a href=\"http:\/\/solotravelerblog.com\/london-and-paris-what-i-spent-in-14-days\/\">Solo Traveler<\/a>. She also writes about what attractions she visited and how she got around.<br \/>\n-For attractions and entertainment I looked to <a href=\"http:\/\/www.parisescapes.com\/paris_budget_day.html\">Paris Escape<\/a> another blog about a couples trip to Paris and how they budgeted their money. They only went to some of the larger attractions and then in the mean time walked around the beautiful city.<\/p>\n<p>I would need to save for about two and a half years. If I were to pay for the entire trip I would need to save $304 every month\u00a0for a year, $152 for two years, and $101.05 for three years. Individually I would need $1,819 which would be attainable at the saving rate of $80 per month within two years.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-170 size-full aligncenter\" src=\"http:\/\/blogs.oregonstate.edu\/shelbyulam\/files\/2016\/04\/Screen-Shot-2016-06-05-at-4.59.28-PM.png\" alt=\"Screen Shot 2016-06-05 at 4.59.28 PM\" width=\"453\" height=\"212\" srcset=\"https:\/\/osu-wams-blogs-uploads.s3.amazonaws.com\/blogs.dir\/2638\/files\/2016\/04\/Screen-Shot-2016-06-05-at-4.59.28-PM.png 453w, https:\/\/osu-wams-blogs-uploads.s3.amazonaws.com\/blogs.dir\/2638\/files\/2016\/04\/Screen-Shot-2016-06-05-at-4.59.28-PM-300x140.png 300w\" sizes=\"auto, (max-width: 453px) 100vw, 453px\" \/><\/p>\n<p>Links to Senario 3<br \/>\n-Another option other than staying in someone else\u2019s home or an expensive hotel would be to rent a <a href=\"https:\/\/www.vrbo.com\/1295051a\">vacation home<\/a>. For two people this came to a more expensive way than a hostel but cheaper than a hotel. Another perk is your food even though I budgeted for eating out could be cheaper if you were to use the kitchen and cook home meals a couple of the days.<br \/>\n&#8211;<a href=\"http:\/\/a-night-in-paris.com\/a-night-in-paris\/how-much-spending-money-will-i-need-in-paris.html\">A Night in Paris\u00a0<\/a>is a blog written mainly about how much it cost to eat in Paris. Her break down per meal was helpful for calculations on both daily and weekly.<br \/>\n&#8211;<a href=\"https:\/\/www.parispass.com\">The Paris Pass\u00a0<\/a>is a way to see attractions for a cheaper cost because you are buying a bundle rather than individual tickets. I choose specifically the most expensive package, this can also give a family a little leeway if they choose to not go with the five day pass.<\/p>\n<p>In order to afford this trip I would need to personally again save about 80 dollars a month. The cost of this trip individually would be $2223 per person. If I were to pay the entire trip for myself and one other person monthly for a year I would need to save $370.51, for two years I would save $185.26 monthly, and for three years $123.50 monthly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Budgets: Links for scenario 1: &#8211;\u00a0Hotel -for food, entertainment, tips, souvenirs and other cost I found a blog called Budget for Backpacking and Traveling Europe. The sight was really helpful in breaking down how much these things cost on average &hellip; <a href=\"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/financial-analysis-traveling-paris\/financial-analysis-project\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7748,"featured_media":0,"parent":173,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-28","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/pages\/28","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/users\/7748"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":3,"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/pages\/28\/revisions"}],"predecessor-version":[{"id":172,"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/pages\/28\/revisions\/172"}],"up":[{"embeddable":true,"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/pages\/173"}],"wp:attachment":[{"href":"https:\/\/dev.blogs.oregonstate.edu\/shelbyulam\/wp-json\/wp\/v2\/media?parent=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}