What are the program costs? How do payments work?
The entire cost of a Money Fomo program is broken up into several parts: the first payment and a fee that is paid for every month that you're on program.
- Down Payment
The down payment is paid when you officially sign up for a Money Fomo program to secure your spot. When you make this first payment, it shows us your serious commitment to a program and affords us the confidence to begin booking all of your arrangements on your behalf.
- Fee Per Month
Paid every month of the length of your program, this fee covers everything included in that city and can be thought of as "paying rent" except instead of just covering for your accommodations, you're also getting flights, workspace, events and programming, a community, on-site support, and much much more. For Itinerary programs, this fee is paid at the beginning of every month for every city you visit. For Destinations programs, the fee is paid prior to your program start date.
The first payment will vary depending on the program length you choose (12 month, 6 month, and 4 month) and the monthly payment will depend on whether you choose a Peak or Non-Peak program.
Cost Differences Between Programs