About forex

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Old Apr 5th 2005, 3:50 pm
  #1  
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Question About forex

Hello Folks,
Wanted to know your feedback of how much forex one need to carry so that to sustain one month in Melb/ Ade/ Syd.
I am talking about single person migrating to such city.

Wanted guidance if one leaves the hotel expenses aside.
Forex => AUD$s + TC's.
Experience Expats from their experience while migrating to a new place...
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Old Apr 6th 2005, 5:07 am
  #2  
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Unhappy Re: About forex

Originally Posted by pandya_m
Hello Folks,
Wanted to know your feedback of how much forex one need to carry so that to sustain one month in Melb/ Ade/ Syd.
I am talking about single person migrating to such city.

Wanted guidance if one leaves the hotel expenses aside.
Forex => AUD$s + TC's.
Experience Expats from their experience while migrating to a new place...
hmmmmmmmm reviving the thread...
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Old Apr 6th 2005, 10:36 am
  #3  
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Question Re: About forex

Originally Posted by pandya_m
hmmmmmmmm reviving the thread...
ok is there anyone who can tell me about TC's...
Which is the TCs acceptable(Ameican Exp.,etc which is the best choice) in Australia and at which points I can encash, I know airport as one place and big banks as another...
any help?
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Old Apr 6th 2005, 11:51 am
  #4  
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Default Re: About forex

Sorry am i being thick?
FOREX?????
TC? Do you mean Travellers Cheques?
I am completely lost....
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Old Apr 6th 2005, 12:12 pm
  #5  
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Default Re: About forex

Originally Posted by pandya_m
Hello Folks,
Wanted to know your feedback of how much forex one need to carry so that to sustain one month in Melb/ Ade/ Syd.
I am talking about single person migrating to such city.
Experience Expats from their experience while migrating to a new place...
I'd say about 3 cartons, but I prefer Fosters myself.

...sorry
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Old Apr 6th 2005, 12:16 pm
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Wink Re: About forex

Originally Posted by Jonahs_mummy
Sorry am i being thick?
FOREX?????
TC? Do you mean Travellers Cheques?
I am completely lost....
A = Apple
B = Ball
C = Cat....

FOREX = FOReign + EXchange.
TC = Travellers Cheque...
Dont be confused...Its good that you asked..Rather than being confused and ignorent for life..
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Old Apr 6th 2005, 12:19 pm
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Smile Re: About forex

Originally Posted by matt-and-jenny
I'd say about 3 cartons, but I prefer Fosters myself.

...sorry
But I would prefer sound finanical knowlege over Girls and Drinks...
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Old Apr 6th 2005, 12:29 pm
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Default Re: About forex

Originally Posted by pandya_m
ok is there anyone who can tell me about TC's...
Which is the TCs acceptable(Ameican Exp.,etc which is the best choice) in Australia and at which points I can encash, I know airport as one place and big banks as another...
any help?
It's impossible to say how much you need for a month. Everyone's requirement's different. Are you staying in a hotel or a furnished apartment? Will you be renting a car or using public transport or taxis? Will you be making international phone calls? Will you be doing something touristy, travelling around, going to a show/movie?

If you're staying in a hotel, you don't have the facilities to cook your own meals, you'll be looking at spending anywhere between $25 and $60 a day eating out, depending on what and where you eat. If you're staying in a furnished apartment, cook your own food, the meals will probably cost half of what you'd pay eating out. Same for laundry, if you have a washer-dryer in the apartment, that will save you from having to send everything to the laundromat.

If you are renting car, you're paying at least $20/day and then there's petrol and extra mileage, etc. Public transport may or may not be cheaper depending on how far and how often you need to commute in one month.

So hotel expenses aside, you're probably looking at $2000-3000 for the one month, with some allowance for contingencies.

Not too helpful but I've tried...

Cheers,
Mrs JTL
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Old Apr 6th 2005, 12:35 pm
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Default Re: About forex

Originally Posted by JackTheLad
It's impossible to say how much you need for a month. Everyone's requirement's different. Are you staying in a hotel or a furnished apartment? Will you be renting a car or using public transport or taxis? Will you be making international phone calls? Will you be doing something touristy, travelling around, going to a show/movie?

If you're staying in a hotel, you don't have the facilities to cook your own meals, you'll be looking at spending anywhere between $25 and $60 a day eating out, depending on what and where you eat. If you're staying in a furnished apartment, cook your own food, the meals will probably cost half of what you'd pay eating out. Same for laundry, if you have a washer-dryer in the apartment, that will save you from having to send everything to the laundromat.

If you are renting car, you're paying at least $20/day and then there's petrol and extra mileage, etc. Public transport may or may not be cheaper depending on how far and how often you need to commute in one month.

So hotel expenses aside, you're probably looking at $2000-3000 for the one month, with some allowance for contingencies.

Not too helpful but I've tried...

Cheers,
Mrs JTL
Sure it was helpful.
I would narrow down my requirement to spending bare min. that is required on eating and travelling in public transport. the Public transport is cool and i know how to cook not much but little...
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Old Apr 6th 2005, 12:51 pm
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Default Re: About forex

Originally Posted by pandya_m
Hello Folks,
Wanted to know your feedback of how much forex one need to carry so that to sustain one month in Melb/ Ade/ Syd.
I am talking about single person migrating to such city.

Wanted guidance if one leaves the hotel expenses aside.
Forex => AUD$s + TC's.
Experience Expats from their experience while migrating to a new place...


So its not the Castlemaine Forex then !!!!
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Old Apr 6th 2005, 1:01 pm
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Default Re: About forex

Originally Posted by Bordy
So its not the Castlemaine Forex then !!!!
LOL. JTL's having a few forex gold...

Mrs JTL
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Old Apr 6th 2005, 1:09 pm
  #12  
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Default Re: About forex

Originally Posted by Bordy
So its not the Castlemaine Forex then !!!!
Castlemaine Forex
Is a french for me...
kindly explain...
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Old Apr 6th 2005, 1:33 pm
  #13  
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Default Re: About forex

Originally Posted by pandya_m
A = Apple
B = Ball
C = Cat....

FOREX = FOReign + EXchange.
TC = Travellers Cheque...
Dont be confused...Its good that you asked..Rather than being confused and ignorent for life..
Actually........

A = Alpha
B = Beta
C = Charlie

etc.

Sorry!

Jim
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Old Apr 6th 2005, 1:36 pm
  #14  
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Default Re: About forex

Originally Posted by pandya_m
Castlemaine Forex
Is a french for me...
kindly explain...
Oh, so you didn't get my joke.
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Old Apr 6th 2005, 1:36 pm
  #15  
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Default Re: About forex

Originally Posted by pandya_m
Castlemaine Forex
Is a french for me...
kindly explain...
It's a (not very good) Australian beer.

French is something completely different which we won't discuss on this forum!!

Jim
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