One of the most popular questions asked by new travelers is probably “How much money should I take for traveling?” The truth is, there is no exact amount of money and how much should you spend while traveling. This is because each person has different interest and needs. Some people have no problem sleeping at the hostels and eating street food. But for some people, they tend to spend more on luxurious accommodation and fun activities. If this is your first time planning for your travel, we have a few tips on how much money to take for traveling.
The rule number one is to make sure that you do not try to plan your budget according to other people’s travel plan. This is because once you’re calculating each price of thing and include it into your travel plan, you will end up with the complain “It’s not enough.” The best thing to do is trying to set the budget you would like to spend and alter your airfare, accommodation, food and activities according to your budget. However, bear in mind that even though you’ve set a maximum budget for your travel experience, there is always a time when you will need extra money. The best way is to add a few hundreds to your budget and set it aside for an emergency moment.(image by artistic bokeh)
Always Have A Backup Plan
Traveling can be intimidating and sometimes, unexpected circumstances could happen anytime. This include stolen money, losing every dollar at the casino, being robbed and you just forgot where you put your wallet. This is very important and you should know that you will always need a backup plan. A good way is to have extra credit cards, ATM cards and money with you which you put somewhere safe and not piled together with your bags containing money. Just in case you lost one bag, you will still have another bag for you. And the good news is, you can still buy something with the credit cards and money in it!
Go For Budget Travel
If you would like to have a budget travel experience, you certainly do not want to spend money in Europe. The longer you stay there, the more money you will be spending on accommodation, food and transportation. There is always a reason why most experienced travelers chose to spend more time in Cambodia, Laos, Thailand, Vietnam, Malaysia, Indonesia and the Philippines. This is because they provide one of the cheapest travel experience ever for everyone. (image by moknits)
Do Not Raise Your Cost Too Much
We all know how mainly in Thailand, boozing is everyday and it’s super cheap compared to your own home country. However, this is not a reason why you should raise your cost quite a lot. You should consider your next travel plan and everytime you feel the urge to go for another glass of beer, remember that there is still more places to visit in your list and you will still need that money.
The question of “How much money to take for traveling?” should not be a problem for anyone. The first thing you should know is your own interests and needs. No one is more happier than you when you are able to plan your own vacation perfectly. If you enjoy a luxurious travel, go ahead and spend your money on it. The best memory is not about how much money you still have left but the great amount of experience you’re collecting while traveling.
Related post : Simple Rules in Travel Planning
Feature image by Eagle Creek