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Budgeting for Travel

BUDGETING FOR TRAVEL: THE A-Z GUIDE FOR BEGINNERS READY TO TRAVEL

TRAVELLING: AN IMPORTANT PART OF LIFE

We all know, the best way of getting out of your busy schedule, is to take a trip. Travelling is a very crucial part of life. Travelling is also important so as to experience your life in a variety of different ways. It is a perfect and enjoyable remedy for stress, anxiety and depression and the improvement of mental and physical health. Maybe rather than sitting on a chair the whole day long at the office, organising your next trip is surely going to make your body feel better.

Sometimes it is the best decision to take a step back, take a deep breath and say “Fuck It.. I’m just going to take a trip. Having said that, travel is not a bad option on a whim – it is one of the easiest ways to invoke the feeling that someone is missing you or that you are missed. (Heavy.. I know, but we all need to be loved), and you never know.. Maybe you can enjoy your life more than you can ever imagine.

START BUDGETING FOR YOUR TRIP

Maybe you’re wondering why budgeting is so important for a trip; or, if I make a practical budget or not, or.. can still enjoy my trip without making a budget? No! Having a proper budget helps you always stay focused and make accurate decisions moving throughout a foreign land. Procrastination can be costly for you, especially when it comes to rising airfares. So once you start to realize exactly what you can and cannot afford, you will save you hours of fruitless searching online for that unrealistic vacation. So keep a clear calculation of your whole trip and be sure you enjoy your trip with a clear head.

START WITH A CLEAR PLANNING

Travel for pleasure is often costly, whether you’re packing the kids in the minivan to visit grandparents over summer vacation, travelling solo for a weekend trip with an old friend, or herding your family onto a long flight to a far away land. The benefit of spontaneous travel depends on your ability to afford and to spare time. So overall decision is; the first thing you should do if you’re travelling on a budget is to create a plan.

The itinerary for your epic adventure doesn’t have to be a definite hour-by-hour schedule, but you should know how much time is allocated to each city or country, as well as the route your epic adventure will take. When there is less chance of unexpected spending, it will be less expensive; last-minute flights and accommodations are usually very expensive. So you can imagine that having a clear plan before going out of your home can make more benefits.

TRY TO AVOID HOLIDAYS OR OCCASIONAL TRIPS

You may wonder that people usually travel on their holidays or specific occasions so why should I avoid that? Let me explain the point, actually travelling on holidays or any other occasions is the time when the travel industries or agencies hike up prices to take advantage of families who can only travel during these days. So to avoid these price hikes, research the best time to visit your intended cities or locations, and then travel just before or after these dates. It will save much more from your budget. You should consider that even hotels and airlines hike their prices during this time.

THE GUIDE TO BUY ONCE YOU GET STARTED FOR YOUR TRIP

Usually, you will budget for your pre-planned trip including Passports, Visas, Vaccinations, Luggage or Travel Gear, Transportation, and most importantly reliable Travel Insurance and immunizations. You may ask why you need to spend on travel insurance. As a matter of fact, it is the most important thing to ensure you have a happy, relaxed vacation. No matter what happens, the peace of mind and the inconvenience of dealing with it if something goes wrong in your trip will make it worth it.

Although Travel Insurance is not strictly required, it is definitely a very good idea for your both security and peace of mind. Especially if you will be travelling long-term, you should at least research this option carefully. It is highly recommended that you purchase health insurance if you’re travelling for more than a week.

Since you can never accurately predict what may happen while you’re abroad, and certainly do not want to come home owing thousands of dollars to a foreign country because you slipped on a rock while hiking or drank some contaminated water. Budget-friendly options for travel insurance are plentiful online, or by talking to your local travel agent.

MAKE A SEPERATE BUDGET FOR ACCOMMODATIONS, FOOD AND DRINKS

Accommodations will be a major portion of your budget depending on where you go and stay. Go to their website and read the customer reviews and find out the prices of the accommodations in the area you wish to visit, whether it is hotels, hostels, or guest houses. You should multiply this amount by the number of nights you will spend there. There is no point in choosing an exact location, but rather to see what lodging costs are in the destinations you are visiting.

Not considering this factor will be one of your biggest over-expenses. When planning, make sure to look up actual rates for your exact dates and destination. Depending on your destination on the internet, there is a lot of great information that will help you budget for this.

Food is one of the hardest things for people to estimate what they will spend on. But think about where you’re going and search on the internet or watch some YouTube vlogs and you will get to see a lot of information regarding the prices of food in that particular area. Traveling to western Europe, Australia, or New Zealand, you’ll probably pay roughly the same amount in food as you would in the United States or Canada, maybe even more. Generally, it should be cheaper if you’re going to South America or Southeast Asia.

YOU MUST KEEP SOME EMERGENCY CASH

Thank God I have my emergency funds when I travel! This line may come out of your mind in some cases. In emergency situations such as lost or stolen credit cards, phones, unforeseen, but unavoidable expenses, etc you will have this money available but separately. It is a good idea to keep emergency funds in cash and separated into two or three separate stashes, each in a separate place while you are on trip. There are always going to be unexpected expenses, and it’s wise to always have a backup plan. Plan at least enough money for a couple of nights lodging and meals, plus an emergency flight back home if you need to leave early. You may also have a call from your friends to bring some gifts for them while returning.

BEST IF YOU EARN WHILE YOU TRAVEL

This option will be great if you work in the Software Industry or freelance, and will definitely help with the travel budget. It helps you work remotely, all you need is a laptop that you can carry anywhere you go. For travellers working holidays are a brilliant way to afford to spend several months of the year living the travel dream. You literally have endless opportunities at your fingertips if you start finding them.

“We really appreciate you taking the time to be with us at the end of the blog; we hope you have an enjoyable trip.”

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