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Is 5,000.00euros good for 1 week in Paris?

Is 5,000.00euros good for 1 week in Paris?

Old May 11th, 2014, 03:26 PM
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I had to google Fendi, I live in a bubble. It is possible that you can get the same pieces less expensively somewhere other than Paris. But if you are going to shop for luxury items, I would make that part of the budget separate from the food and entertainment part. And I would research prices and availability to make sure you are not overspending on something you could buy on line for less.

Make sure you know how to get the refund of the 12% VAT tax you can get if you buy more than 175 euros worth of goods in one store in one day. This involves some paper work from the store, and some from the airport, if I understand it correctly (which I might not, as I have never made a purchase large enough to qualify).

I understand the desire to get a driver to take you home after a late night out, but I have always been able to find taxis. You can have the restaurant call one for you. I would try not to pay for the car service in advance, see if you find you really want it after trying a night out without it. If you do find you want it, then you can always do it on a per-night basis. Or you can just take a taxi to the restaurant and arrange for a driver to pick you up later, I'm thinking it should be much less expensive that way.
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Old May 11th, 2014, 11:50 PM
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I woud recommend not buying branded goods but seek out a small specialist hand made shop and buy a unique piece, of much higher quality and without the "brand". Falling for the marketing nonsense that has been forced on us over the last 20 years is just weird.

Can you imagine buying art the same way? Well you can, but only if you making an investment not buying art.
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Old May 12th, 2014, 01:40 AM
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I had to google Fendi, I live in a bubble.>>

I think i must be in the same bubble, Nikki, as I had to do the same.
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Old May 12th, 2014, 03:56 AM
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I have had a pair of Fendi sunglasses for four years, best glasses ever. I love Fendi bags as they aren't reproduce to death as the faux Louis Vuitton bags. That has turned me off from them altogether. I am a shoe person though. If I had money to blow in Paris I would spend at E Dehillerin on a nice copper pot.
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Old May 30th, 2014, 09:01 AM
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Okay the verdict.

Spent 7 full days and nights in Paris.

Arrived with 5,000€ in cash - it went everywhere I went.

Assigned a daily budget of 700€ with 100€ extra.

Visited the Fendi store and made a purchase of 1,500€ taking 200€ from each day's budget along with the 100€ extra.

3,500€ left…

So we had a new daily budget of 500€. Some days we were under and somedays over.

Day 1 budget paid for 2 sets of car service, cafe lunch and a 2 star Michelin 10 course dinner

Day 2 budget paid for one day metro tickets, Eiffel Tower souvenirs for our families, pictures on the boat cruise and cafe lunch and ate the leftovers for dinner.

Day 3 budget paid for car service, cafe lunch, 3 star Michelin 2 course dinner and midnight snack.

Day 4 budget paid for lunch at Roland Garros, cafe dinner and souvenirs.

Day 5 budget paid for 2 sets of car service, cafe lunch, videoing for the vow renewal and upgrade our cruise dinner menu and pictures.

Day 6 budget paid for cafe lunch and cafe dinner.

Day 7 budget paid for cafe lunch, macaroons and car service.

All activities, 2 dinner nights and metro services were prepaid. The above only shows where actually cash was spent while in Paris.

And we went home with 500€.

Of the 3,000€; 650€ was spent on car service.

So the average daily expenses were about 336€.
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Old May 30th, 2014, 09:08 AM
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So if the big purchase didn't happen and even with it I would say 5,000€ is more enough to enjoy Paris as a royalty.

Have a good weekend.

My total trip to Paris cost US$13,500.

Italy is next on my list for early 2015.
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Old May 30th, 2014, 09:13 AM
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Thanks for the followup, anyway. YOu know it realy doesn't make any sense for you to talk about your Fendi purchases as part of your daily budget.

Advice for the next time -- please stop carrying around 5000 euro cash on you when you go to Europe. Haven't you heard of those incidents about how a lot of Asian travelers get mugged and robbed when traveling to W Europe because they have a tendency to carry all their cash on them? Maybe you are not Asian (the vow renewal sounds American), but originally you told us this was a budget, that you did not intend to carry that around or get it in cash. It's just a very foolish thing to do.
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Old May 30th, 2014, 09:31 AM
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Shame on me, but I'm going to have to google Roland Garros.
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Old May 30th, 2014, 09:37 AM
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Had to. My bank doesn't allow my cards to be used in Europe and doesn't issue the traveller checks.

Thankfully all went well.
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Old May 30th, 2014, 09:40 AM
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<<My bank doesn't allow my cards to be used in Europe>>

Astonishing.
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Old May 30th, 2014, 10:16 AM
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Before you go to Italy next year, change your bank. Or open an account with a travel fund in another bank, a bank that offers both a credit card and an ATM/debit card that you can use abroad. Preferably charging you neither a transaction fee nor a currency conversion fee.

And never buy travelers checks for Europe; they're very difficult to cash.
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Old May 30th, 2014, 10:18 AM
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Thanks for your trip report. It was very interesting to read.

Just out of curiosity, why was car service so important to you?
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Old May 30th, 2014, 10:19 AM
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>>My bank doesn't allow my cards to be used in Europe<<

I don't believe it. Now, some countries only allow citizens VERY small foreign currency allowances and strictly control what can be spent out side of their countries - but unless your profile is completely made up, you live in Florida.
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Old May 30th, 2014, 11:43 AM
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I'm interested in your Michelin meals…care to offer any details for us?

Where did you stay?
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Old May 30th, 2014, 11:50 AM
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<<My bank doesn't allow my cards to be used in Europe>>

Another amazed person here. Strongly advise you to open a travel bank account with a bank that will issue you a card you CAN use in Europe. Carrying cash like that is foolish.

Still, rather amused by the use of of the word budget and a 13K week in Paris. I have yet to see anyone here with a 1K private car service 'budget' either. But nice you had the trip you wanted, and it sounds like it all went well.
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Old May 30th, 2014, 01:51 PM
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My bank doesn't allow my cards to be used in Europe and doesn't issue the traveller checks.>>

like mimar says, get another bank. with a budget like yours for a week, that should be no problem.
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Old May 30th, 2014, 02:05 PM
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I have run out of popcorn.
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Old May 30th, 2014, 02:23 PM
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Seriously.

Does it matter someone asked for an update once my trip was over. And there it is.

I had a wonderful time in Paris. Get over it.

My financial insituation has a lot of fraud with EU countries so they are all blocked.

You have to declare 10k€ and over so my 5 was a drop in the bucket.

Popcorn eater clearly your life is boring that you finish a whole popcorn reading about mines. Yawn. GN
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Old May 30th, 2014, 03:14 PM
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>>My financial insituation has a lot of fraud with EU countries so they are all blocked. <<

Doesn't pass the smell test
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Old May 30th, 2014, 03:51 PM
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Oh, we're over it.

>>My financial insituation has a lot of fraud with EU countries so they are all blocked. <<

The suggestion to seek another one was intended to help you travel with less risk on your next trip. Some people actually do have travel accounts with secondary banks for various reasons. Not that I think the above comment makes a lot of sense.

Your attitude however does make me think you might need another sandbox to play in when you start planning Italy '15.
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