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money matters

Travel Forums Round the World Travel money matters

1. Posted by Rachael87 (Budding Member 5 posts) 8y

im starting to save for a rtw trip to last roughly a year.
i know that everyones routes and plans are different but any help on how much to save up for a years travel - working as i go- would be great help to me.
i plan to visit Asia (china, india, japan, thailand) Africa (egypt, kenya, maritius) Oceania (austrailia, Fiji, New zealand) and posibly work my way through europe on the way home with a few short stops.

im not sure but maybe around £6000?

2. Posted by Jase007 (Travel Guru 8870 posts) 8y

Sounds a good amount to me.
Of course everyone's different and the more is always nice.
Just don't make the mistake a lot of people do and spend all the money then work.
Do a bit of travel and work as and when it's available/convenient.
Keep some in reserve just in case.

Good luck and happy travels

3. Posted by bex76 (Moderator 3713 posts) 8y

It depends how long you want to spend in each place too. for example, for Oz and NZ you probably need to budget for around £1000 - £1200 per month, and more for Japan, but for many places in Asia the cost will be a fraction of this. if you plan to work in Oz and/NZ this will obviously help considerably. for Japan make sure you get your Japan rail pass before you enter Japan as this will save you loads of money.

4. Posted by pinkgirlie (Full Member 121 posts) 8y

I like to budget an average of £35 per day, some days you spend others you save. So if you're planning to work aswell and have an idea of how many days you might do for how much money you're on your way. Without working 2 of us spent 12,000 in 5 months, which for 1 person would work out as 10 months, making 6,000 last 5 months. If you're adding to that I recon you'll be fine. We spent a fair chunk of time in the USA too, which was incredibly expensive and ate a lot of the money!

A lot of the places you mentioned are pretty low budget anyway so you should be fine.

5. Posted by loubylou (Travel Guru 664 posts) 8y

My boyfriend and I have been travelling for over a year now and have spent around £9-10,000 between the two of us. We have visited SOuth America, New Zealand and SE Asia. The other posters are right, Australia and New Zealand are expensive, more like UK prices and Japan is very expensive, so the more time you spent in these countries the more your budget will go up. One of our friends said that a month in Oz and NZ is like a month and a half or two months elsewhere.

6. Posted by vxmike (Budding Member 64 posts) 8y

Quoting pinkgirlie

I like to budget an average of £35 per day, some days you spend others you save. So if you're planning to work aswell and have an idea of how many days you might do for how much money you're on your way. Without working 2 of us spent 12,000 in 5 months, which for 1 person would work out as 10 months, making 6,000 last 5 months. If you're adding to that I recon you'll be fine. We spent a fair chunk of time in the USA too, which was incredibly expensive and ate a lot of the money!

A lot of the places you mentioned are pretty low budget anyway so you should be fine.

I'm surprised you found the US expensive. I just got back from the UK and I was shocked at how expensive it was with my almost-now-worthless US Dollars. Just about everything seemed like it cost more in pounds than in dollars in the states even considering a pound is over two dollars now making everything effectively more than twice as expensive as US cities!

I would think that anyone with Pounds or Euros would find the US an incredible bargain as far as developed countries go since both currencies absolutely crush the US Dollar now.