Skip Navigation

Page
  • 1
  • 2
Last Post
1. Posted by Amydodds1 (Budding Member 3 posts) 13w Star this if you like it!

Hi everyone,

I’m wanting to go travelling but I’m wondering how much money I should save (as a minimum or average figure) to ensure that I have enough? I’m not looking to live in luxury and will be budgeting a lot.

Any advice is greatly appreciated.

2. Posted by AndyF (Moderator 1090 posts) 13w Star this if you like it!

Hard to say as a lot depends on where you go as well as your travel style. Some countries are a lot cheaper than others. What's your plan? And are you a drinker? I think that's the biggest budget buster for those who otherwise don't have extravagant tastes like fancy hotels.

A broad average could be $100 per day.

3. Posted by Beausoleil (Travel Guru 615 posts) 13w Star this if you like it!

Where do you want to go?
Where are you starting?
What kind of transportation are you using?
How long will you be gone?
What kinds of things do you like to do?

We plan to spend about what we would spend at home and budget for our plane tickets to get there. That's the main expense for us. It really depends on your travel style. We rent country houses and lease a car usually only eating one meal out a day and finding lots of free things to do.

The above post is correct in that some countries are a lot more expensive than others so the where is pretty important although we love France and consider it a budget destination and others won't go there because they think it's too expensive. Staying on a sheep farm is a lot cheaper than nightclubbing in Paris.

4. Posted by woinparis (Inactive 145 posts) 13w Star this if you like it!

We just went to a restaurant where we had a bouillabaisse for 70 euros. Plus wine. 15 each. Plus dessert. Plus apéritif. So 100 per person does that help ?

5. Posted by Amydodds1 (Budding Member 3 posts) 13w Star this if you like it!

Thanks everyone! I’m planning on starting with Europe as that’s the closest and will be a good place to start learning the ropes. Probably looking at doing Western Europe first. Any tips?

:)

6. Posted by karazyal (Travel Guru 2011 posts) 13w Star this if you like it!

"Probably looking at doing Western Europe first. Any tips?"

You should complete your profile. What country are you starting from? Some countries you want to visit might require visas. The month you visit will determine if you have snow or sunny summertime weather. This will affect the clothing you need.

You have some good advice in previous posts.

Some things you might want to consider is some sort of medical insurance. Accidents happen and you might need to use a hospital.

Walking around with thousands of dollars or euros or whatever currency you have might be tempting to thieves. Do not rely on a single debit or similar cash card for all of your spending money. Have back up sources for cash. Suppose you lose or damage a single debit - cash card you could have problems paying your way. (At least for a while.) Have a couple credit cards available for emergencies that may come up. (Got to fly back home for an emergency, need to pay for hospital bills, damage a rental car, etc.)

If you must stay in some sort of shared lodging be careful of your cash and other valuables. Probably a good idea to keep in touch with family to keep them aware of where you are. Be wary of "new friends" who seem over friendly especially if you have lot of cash with you. Maybe a good idea to research any particular scams prevailing in the city or country you visit.

" I’m not looking to live in luxury and will be budgeting a lot. "

I think you should have a start and finish date. This way you can better plan a budget out for day to day spending after paying for any flights. With a daily budget you can better plan on how much for hotel and how much for other day to day expenses. How much you spend depends on you. If you find yourself staying in really crappy places and eating food you don't care maybe shorten the trip so you have more money each day.

Later on if you ask specific questions you will get some better suggestions. Normal stuff like passport of course and visas you might need don't wait to the last minute.

Good luck.

7. Posted by stylist4love (Budding Member 2 posts) 13w Star this if you like it!

Hi. If you're travelling in the developing world, I'd say $50/day including lodging. In the developed world, I'd estimate, $200/day including lodging. Airfare any where from $500-2000 roundtrip depending on where you're going.

8. Posted by Andrew Mack (Respected Member 270 posts) 13w Star this if you like it!

Without knowing where and how you're intending to travel, that's an impossible question to answer.
You can travel around the capital cities of Europe by limousine with first class flights and staying at 5 star hotels for months at a times, or you could be travelling by public transport and staying in Hostels in little towns for 2 nights max.
Give us a clue.

[ Edit: Edited on 15-Apr-2018, at 04:13 by Andrew Mack ]

9. Posted by Fieldtrek (Inactive 7 posts) 11w Star this if you like it!

Hello friend, No one will ever advise on much you need to have in order to go a trip elsewhere. Firstly some destinations are more costly than others, You don't expect one to average you the amount to spend when you're going to use a train, bus/coach in traveling the same as one who's going to use a plain. First specify on what exactly do you want to do and have on holiday then everything will come your way. Like African Holidays are good but they are rated differently though at the same destinations.

Good Luck!

10. Posted by Sarahelainecp (Inactive 34 posts) 11w Star this if you like it!

As a massive generalisation, Europe is cheaper the further south and east you go. I'd start planning a budget by looking at flight prices (for example on sky scanner) and train prices (available online too - start looking at seat61.com and then follow the links there) between the cities you like the look of most. You can then get a rough idea of hotel/hostel prices on a booking website - I use Expedia for hotels, because I don't like hostels any more. Those are your two largest prices. Food and drink also varies widely between destinations, and whether you're cooking in a hostel kitchen or eating out every night - you need to have a think about which you're doing. Then I'd add some money for attractions - check the entrance price for things you'd be gutted to miss - and souvenirs.

Although to be honest, I'd approach this the other way around. I'd work out how long I'm prepared to wait to travel, and how much money I could realistically save during this time. Then I'd work out where I wanted to go, and how long that money would last - so if you could realistically put away £2000, I'd subtract flights and work out how many days that £2k would last at my destination, rather than save indefinitely for the perfect trip.