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GMAT Club Legend
Affiliations: HHonors Diamond, BGS Honor Society
Joined: 05 Apr 2006
Posts: 5926
Schools: Chicago (Booth) - Class of 2009
GMAT 1: 730 Q45 V45
Followers: 314

Kudos [?]: 2039 [0], given: 7

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04 Jan 2007, 10:24
aaudetat wrote:
Rhyme -

I haven't double-checked the exact figures, but you've got the idea.

But don't worry your pretty little head. The Schedule A - and many other aspects of our regressive tax code - will take care of you high rollers.

Schedule A baby!!!
Senior Manager
Joined: 15 Jul 2006
Posts: 381
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Kudos [?]: 1 [0], given: 0

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04 Jan 2007, 10:42
you may be able to write it off as a busienss expense (your suit I mean)
GMAT Club Legend
Affiliations: HHonors Diamond, BGS Honor Society
Joined: 05 Apr 2006
Posts: 5926
Schools: Chicago (Booth) - Class of 2009
GMAT 1: 730 Q45 V45
Followers: 314

Kudos [?]: 2039 [0], given: 7

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04 Jan 2007, 11:01
EconGirl wrote:
you may be able to write it off as a busienss expense (your suit I mean)

nope, you can't.
Director
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06 Jan 2007, 13:23
hmm..wonder how I missed this thread.

Let's see..

1. GMAT - 250$2. All the books - around 250$ but I recover almost all of it via eBay ;) so actual spend is about 50-60$3. Application - only INSEAD - ~300$
4. Interview was 10 minutes from home, and the 2nd interviewer bought the lunch :)
5. Some cheap-ass blazer (I've never worn suits in my life) 120$That sums it up - 720$.

If INSEAD dings me - I'll spend some on IMD, and a remote chance for LBS Sloan Fellowship MSc.. not sure on that.[/img]
Director
Joined: 16 Aug 2005
Posts: 945
Location: France
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06 Jan 2007, 15:13
hey necromonger, can we get another cartoon from you? you can pick the topic...just need a break from waiting to hear, or should I say pants-pooping

Gmat exam $500 Gmat Books$300
Visiting schools $600 Application Fees ~$1000
Time missed at work ~ $3000 Total$5400
_________________

I believe its yogurt!

Manager
Joined: 08 Mar 2005
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10 Jan 2007, 20:11
sounds like a mastercard commercial
Manager
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11 Jan 2007, 07:43
I think I have one of the cheapest costs also:

GMAT Books: Free (borrowed outdated books from other friends)
GMAT $250 Apps to 4 schools: ~$700
Transcripts & scores: ~$100 New suite:$199

Total for now: $1249 VP Joined: 15 Jun 2006 Posts: 1124 Schools: Chicago Booth Followers: 5 Kudos [?]: 42 [0], given: 0 ### Show Tags 12 Jan 2007, 03:32 rhyme wrote: Where do you people shop for suits? Huh? Benetton! VP Joined: 15 Jun 2006 Posts: 1124 Schools: Chicago Booth Followers: 5 Kudos [?]: 42 [0], given: 0 ### Show Tags 12 Jan 2007, 03:34 sujith wrote: sounds like a mastercard commercial "Getting acceptance phone call - priceless" Manager Joined: 06 Feb 2006 Posts: 223 Followers: 2 Kudos [?]: 4 [0], given: 0 ### Show Tags 12 Jan 2007, 11:55 GMAT: 500 Toefl: 600 (hic, I had problems with it) Books: 200 trips: 3000 (I visited 10 schools. Such a deal) App fee: 1000 Sickness medicine when study for GMAT and writing essays: 400 Sickness medicine when interviewed: 300 Total: 6000 Director Joined: 07 Jun 2006 Posts: 513 Followers: 11 Kudos [?]: 121 [0], given: 0 ### Show Tags 15 Jan 2007, 19:26 alright, gmat, here you go - as we wait for results. gmatmba wrote: hey necromonger, can we get another cartoon from you? you can pick the topic...just need a break from waiting to hear, or should I say pants-pooping :) Gmat exam$500
Gmat Books $300 Visiting schools$600
Application Fees ~ $1000 Time missed at work ~$3000

Total $5400 GMAT Club Legend Affiliations: HHonors Diamond, BGS Honor Society Joined: 05 Apr 2006 Posts: 5926 Schools: Chicago (Booth) - Class of 2009 GMAT 1: 730 Q45 V45 WE: Business Development (Consumer Products) Followers: 314 Kudos [?]: 2039 [0], given: 7 ### Show Tags 15 Jan 2007, 19:36 bhahhaahah.... Director Joined: 16 Aug 2005 Posts: 945 Location: France Followers: 1 Kudos [?]: 23 [0], given: 0 ### Show Tags 16 Jan 2007, 05:16 woohoo!!! we gotta make a gallery out of your brilliant cartoons! _________________ I believe its yogurt! VP Joined: 11 Dec 2006 Posts: 1430 Location: New York, NY Schools: NYU Stern 2009 Followers: 41 Kudos [?]: 221 [0], given: 6 ### Show Tags 16 Jan 2007, 08:04 fluffydot wrote: I think I have one of the cheapest costs also: GMAT Books: Free (borrowed outdated books from other friends) GMAT$250
Apps to 4 schools: ~$700 Transcripts & scores: ~$100
New suite: $199 Total for now:$1249

And if you take out the sofa it is nearly a round grand.

I reckon I will be about $1000 at the end of it, probably nearer$700 (1 GMAT, 3 Apps, some books)

I am going to be screwed when it comes down to interviews if they are on-campus though.
VP
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16 Jan 2007, 08:38

necromonger wrote:
alright, gmat,

here you go - as we wait for results.

gmatmba wrote:
hey necromonger, can we get another cartoon from you? you can pick the topic...just need a break from waiting to hear, or should I say pants-pooping

Gmat exam $500 Gmat Books$300
Visiting schools $600 Application Fees ~$1000
Time missed at work ~ $3000 Total$5400
Senior Manager
Joined: 08 Aug 2006
Posts: 346
Location: San Francisco
Schools: Berkeley Haas
Followers: 4

Kudos [?]: 24 [0], given: 0

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16 Jan 2007, 08:58
Code:
apps                  $800 GMAT$250
GMAT books            $50 (sold em after test) TOEFL$150
transcript delivery   $200 essay editing$200
----------------------------
TOTAL                 $1650 I'm a cheapo as well. However, the show is not over - suit expenses are still quite possible Manager Joined: 04 Aug 2006 Posts: 117 Followers: 1 Kudos [?]: 2 [0], given: 0 ### Show Tags 16 Jan 2007, 14:30 Rhyme, Pardon my lack of knowledge about tax filing. But can we file deductions based on application fees for all the unversities? Thanks, SVP Joined: 01 Nov 2006 Posts: 1855 Schools: The Duke MBA, Class of 2009 Followers: 16 Kudos [?]: 203 [0], given: 2 ### Show Tags 16 Jan 2007, 14:37 Hindustan - Don't talk to Rhyme. I'm the tax goddess in these parts. Unfortunately, application fees won't help you out on your tax returns. Later - maybe tonight or tomorrow - I will start a new thread on finances and taxes (I am a financial counselor and run a tax clinic for low-income filers). Stay tuned for more exciting detail! Current Student Joined: 29 Jan 2005 Posts: 5238 Followers: 25 Kudos [?]: 377 [0], given: 0 ### Show Tags 03 Feb 2007, 04:42 fluffydot wrote: New suite:$199

I'm in the market for one of those right now, but looking to spend upwards of $199,000. Add that to the total cost (GMAT+MBA) and I become the official GMATClub CHA-CHING debt KING. New condo:$225,000
Forgone wages: $175,000 Tuition:$50,000
This month's visit to XYZ: $3000 Kaplan:$1200
Books, CDROMs, other online materials: ~$1000 GMAT (x4):$1000
Initial school visits in 2004 and 2005: $5000 (x2) Lost wages during vists:$15,000
Insurance: $10,000 Wife's green card paperwork and embassy visits:$2000
Family visit to Asia: $5000 Anticipated birth of first child between B1 and B2:$6000
Living Expenses for 21 months: $31,000 ---------------------------------------------------------------- Sub Total:$535,000 (and that's riding a bicycle to school everyday!)
GMAT Club Legend
Affiliations: HHonors Diamond, BGS Honor Society
Joined: 05 Apr 2006
Posts: 5926
Schools: Chicago (Booth) - Class of 2009
GMAT 1: 730 Q45 V45
Followers: 314

Kudos [?]: 2039 [0], given: 7

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03 Feb 2007, 08:29
GMATT73 wrote:
fluffydot wrote:

New suite: $199 I'm in the market for one of those right now, but looking to spend upwards of$199,000. Add that to the total cost (GMAT+MBA) and I become the official GMATClub CHA-CHING debt KING.

New condo: $225,000 Forgone wages:$175,000
Tuition: $50,000 This month's visit to XYZ:$3000
Kaplan: $1200 Books, CDROMs, other online materials: ~$1000
GMAT (x4): $1000 Initial school visits in 2004 and 2005:$5000 (x2)
Lost wages during vists: $15,000 Insurance:$10,000
Wife's green card paperwork and embassy visits: $2000 Family visit to Asia:$5000
Anticipated birth of first child between B1 and B2: $6000 Living Expenses for 21 months:$31,000
----------------------------------------------------------------
Sub Total: $535,000 (and that's riding a bicycle to school everyday!) I don't know where XYZ is, but this: Living Expenses for 21 months:$31,000

Seems way way low to me. Thats less than \$1500 a month, and unless XYZ is in a really small town where things are cheap, thats low.
03 Feb 2007, 08:29

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