Budgeting

One of the best tips I get before I go away is always about budgeting. Budgeting your money is really important. It’s easy to spend and spend and spend but when you are traveling you don’t have a lot of money to spend. You have a finite set of funds. If you keep over spending, you’ll run out of money before you finish your trip and will have to go home early. No one wants that to happen.

One of the reasons that people tend to avoid long term travel is because they think it is expensive and feel they will never save enough for a trip. That is not true. One of the greatest myths of travel is that it is expensive. People assume that to travel you need to be rich because all people see are advertisements for expensive vacations and assume all travel is like that. But it isn’t. In fact, travel can be quit cheap. You can travel around the world for under $15,000 dollars for one year of travel. If you only visit cheap countries, you can do it for even less.

Budgeting

You can save that amount of money before you go abroad but how do you keep that money while you are overseas? The trick to vacation planning is budgeting and budgeting in what you will spend money on.

Be realistic about your spending expectations. If you are going to be drinking and partying a lot then make sure that you add a lot of money into that part of your budget.

Budgeting

Moreover, keep track of your expenses. Write down what you are spending money on so you know what you are spending your money. This way you can make sure you are not going over budget. Most travelers don’t keep track of their expenses and so rarely know if they are over or under spending money. The single best thing you can do while you travel is keep a journal.

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