MONEY TIPS: How to budget for travel!

Do you need help creating a travel budget?

First you need to know how much money to allocate for your trip: Ideally you should save enough money to pay for the trip before you leave to avoid getting into debt from travel after.

Breakdown the trip expense by expense: for transportation you should consider all the transportation costs you will encounter throughout your trip, for your stay accommodations you can explore different, maybe unconventional lodging options like hostels, rental properties and hotels

Consider meal costs: dining can become a big travel expense very quickly, I recommend determining a daily budget for meals and sticking to it, carefully deciding what restaurants to dine at that fit within your budget

Think about extra/emergency costs: if you are planning on buying gifts or souvenirs on your trip - stick to your plan and don't impulse buy, and make sure you set some cash aside as an emergency fund along with having some money in the bank set aside for emergencies or unexpected costs

What are your tips for saving money on travel and creating a travel budget?

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