Many people are excited to travel all around the world and they make traveling their passion. Nothing can stop them from traveling to their desired destinations except one thing and that is the budget. No matter how big traveling enthusiast you are, if you don’t have enough money, all your dreams to visit and see the world are shattered to pieces. Almost all persons who go traveling – except some financial giants – consider the budget initially before finally deciding which place they should choose and which not.
It’s not always the lack of budget and enough money that proves itself a real hindrance in your way of getting excitement, but sometimes you have enough budgets and still you are unable to decide how to allocate it and thus spend it on things which aren’t worthy to be considered. Therefore, proper allocation of the budget is also a mandatory thing if you really want to enjoy the journey to your dreamlands.
You might feel quite confident at first that you have enough money, but the lack of planning can lead you to spend on unworthy things and finally resulting in emptying your pocket. In this case, you will have to return back home halfway through your journey. If you want to avoid this situation, you must make a proper planning before traveling. Here are few tips that will help you make a travel budget.
1. Figuring Out the Overall Estimate
The budget of your traveling depends on the nature of your visit; if you are visiting any place for any educational conference, it is obvious that you will have to spend less than if you are visiting for enjoyment. Understanding the nature of your travel is of paramount importance. The first thing you need to consider is that the place you are visiting, how far away it is from you. Then you can decide the ways to reach there – by air or by road if possible.
The initial map of all your activities that you are planning to do can also help you a lot in navigating your money into a proper budget. You can consider all these things starting from the big ones like the airplane tickets and move towards the little things like meal or shopping, and it will really help you give an overall estimate of how much money you will need. Once figured out the amount of money required, you can divide the money for different activities – it is explained in the later steps.
2. What to Spend Before You Leave
If you are planning a journey, never think that you will only have to spend money once you reach your desired destination. You will have to spend lots of money before even leaving your house and most people don’t even consider it and hence end up with no money before they even started their journey. To avoid such situation, you must also consider the things that demand money before you even start your travel.
Such things are visas, travel insurances, immunizations or other special travel gears. If you think you can’t afford travel insurance, then just don’t go for it because the money you will spend for travel insurance, you can use it for other necessary things. In a similar way, initial consideration about the prices of visas can make you rethink the choice of your traveling destination. If you insist on the same place where you want to go, and it has too high visa prices, then probably you can get a visa, but your journey will end before even it started.
3. Saving Enough Money
Once you have figured out how much money you will need, you can start saving. You can remind yourself that you need to save money by many ways like you can use a screen saver that will constantly remind you of how much money you need to save. You can also attach sticky notes to your fridge. These things can also serve as a motivation for you to go to work regularly.
If you think you aren’t saving enough money, you can reconsider your budget. You can again cut those things that you think aren’t very important.
Having considered the budget in general terms, we should now move towards more specific things like transportation, accommodation, and food.
Transportation is an important form of your travel and it also takes a significant part of your budget. When deciding for transportation, you should start by measuring the distance of your destination from your home. If it is too much, then flight is the only option. Having chosen flight option, you can compare the prices of different flights and decide which is better and cheaper. If you are going somewhere that is present at few hours driving distance, then you should be relaxed because there isn’t much to worry about. If you are traveling on an airplane and looking for airport transportation, you can get this and many other discounted products on Groupon.
The second thing you need to consider is the transportation within the destined country. If you don’t have any idea about the transportation in the country which you are visiting – that is to say, travel routes of Metro or other local buses – you will end up spending too much money on the taxi fares. Carefully explore what transport will suit you in your destined country.
What place you choose for accommodation also matters a lot because accommodation consumes a significant part of your budget. If you prefer a hotel or a local restaurant, you will probably have to spend less money. If you are choosing a five-star hotel, the prices will be high too.
Therefore, you must decide beforehand which place you will be choosing once you reach there. Changing your mind at the last minute can have severe consequences. For instance, you decided initially that you will accommodate in any local hotel but once you reached there you finally changed your mind instantly when you saw big lights in front of the five-star hotels. It is alright if you have enough money, but if you don’t have enough money it can ruin your trip.
6. Making a Budget for Food
If you are a person who likes vegetarian or non-vegetarian foods only, then you will have to consider the food places as well. There are countries, in which you would hardly find any non-vegetarian food, and if you are non-vegetarian you will have to spend lots of money in buying non-vegetarian foods from only a few places that offer it; being few in number, they have their own prices.
If you are comfortable with all the foods, and you can eat everything that is available, then you should consider, whether at your destination your main focus will be on big restaurants or on local foods. It will give you an idea about how much budget you should spare for your food.
7. How to Keep Your Cash
When you are done with all the planning, you should also decide how you will carry your cash. You can either use ATMs because it is the most secure way, or you can also take cash with you in case you don’t find any ATM nearby. Keeping the cash at different places will increase security.