2015.02.16 info tour 2015 money and budget copy

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Norwegian Church Aid Info Tour 2015

Transcript of 2015.02.16 info tour 2015 money and budget copy

Norwegian Church AidInfo Tour 2015

Money and Budget

Budget and expenses

for the NCA info tour

We will look at

the following:

(1) travel

expenses

(2.) other, tour

related

expenses

(3.) food

expenses

4. Pocket

money.

1. travel and

miscellaneous

expenses

The travel

budget is 1500

NOK per person

in the team.

This involves

* Car fuel

* Bus tickets

* Train Tickets

* etc.

You will need to

keep receipts

for travel

expenses.

(2). 200,- for

other

expenses.

“Other” Expenses

are things you

may need for your

presentations or

travels, such as:

* Trade Game Stuff

* A map.

* Scissors.

* Extra batteries

* etc.

You will need to

keep receipts for

miscellaneous

expenses.

3. food

expenses

You receive

2000 NOK

each to cover

food.

This amount will

be paid to each

team member

individually

Use this to pay for

groceries or simple

meals when you

are not being

hosted in a home

You will need

to keep

receipts for

food expenses

4. each

individual will

receive pocket

money

Pocket Money

is 1120,-

It is yours to

spend as you

wish.

You do not

need to keep

receipts for

pocket money.

Examples

Camilla & Ingeborg - food and pocket

moneyFood: 2000 x 2 = 4000

Pocket Money: 1120 x 2 = 2240

Travel: 1500 X 2 = 3000

Miscellaneous: 200 X 2 = 400

Bank transfer to Ingeborg:4820 NOK = 2000 + 1120 + 200 + 1500

Cash payment to Camila:4820 NOK = 2000 + 1120 + 200 + 1500

This is because she doesn’t have a

Norwegian bank account…

Next: Keeping track of expenses

You need to

keep receipts

for all

expenses

Travel receipts,

such as tickets,

fuel receipts,

etc.

Receipts from

grocery shops,

cafés, etc.

Receipts for

pencils,

scissors,

batteries etc.

But you do not

need to keep

receipts for your

pocket money!

It is your

responsibility to

prove how you

have spent the

money.

When the tour

has ended, you

will fill out a travel

expense form.

You will either

have money left,

or you will have

spent more than

the budget.

If you had more

(necessary) expenses

than budgeted, you

will be refunded by

NCA.

Again, you do not

need to show

receipts for the

pocket money.

Don't worry.

You will

manage this

just fine.

Just remember

to keep the

receipts.