How to budget for travel;Domestic and International
How to budget for travel;Domestic and International . Well, it all depends on what you will be doing while traveling, how you budget and activities you chose to pay in advance can make all the difference when it comes to how much you’d need to save. When going on vacation it is imperative that you save a reasonable amount of money before leaving for your trip, you want to save money for activities, transportation, food and emergencies.
How to budget for travel;Domestic and International. When I travel domestically, I personally carry $200-$500 for a weekend trip. I pay for activities , rental car and accommodations well in advance. On a weekend trip with $500, I barely spend $200 because I’ve calculated my finances. The money I have saved for the weekend trip does not include paying for others, it is solely for myself. When traveling with a group, be sure that everyone has paid for their accommodation, portion of the rental vehicle and actives in advance because you don’t want to be stuck paying for someone else which effects your budget.
How much money should you carry while on vacation Internationally. When it comes to traveling Internationally, you should carry at least $1500-$2000 to be save, rather more than less because you never know what issues may arise. Also, this amount depends on how long you will be in the country, if you’ll be in a country for four days with low cost of living, you don’t have to carry that much with you. When I say “carry money with you”, don’t carry too much on you, being if you should be pick pocketed then your’re out of luck.
Be sure to hide money in different locations when traveling, shoes, backpack, bra, backpack with a small lock, etc. And do contact your bank to let them know that you will be traveling out of the country, I know people who forget to contact their banks causing a freeze on their card when they try to use it. Don’t be that person.
I tell you to carry at least $1500 when travelling internationally , I, on the other hand would carry $400 with me and be Ok, yes, I live on the edge. Save more if you’re able. I find it difficult being a post grad student (I’m broke), but I carry a credit card with me just in case of emergencies, also I book trips during the week I’d be getting a check from work.
Budget for your Travels
I spent two weeks in France with only $500 to my name, however, I did pay for activities and accommodation in advance and had only food and transportation to worry about, so I was OK. If an emergency should arise, I’d just pull out my credit card (Don’t make this a habit). To avoid using your credit card while on a trip, be sure to budget accordingly. It’s important to start a savings account, if you don’t have one. Make sure money is being places in the savings account every month to fund your trip.
Happy Budgeting Travelers