min budget for one year rtw???

Travel Forums Round the World Travel min budget for one year rtw???

1. Posted by Ricardo (Budding Member 79 posts) 12y Star this if you like it!

Me and my girlfriend are going on a rtw trip in june 2007.my girlfriend is hoping on taking a budget of £5000.Thats after flights,insurance etc.I am hoping on taking roughly the same but I was just wondering what would be the minimum amount to take in all of your opinions.I have heard people leaving with as little as £1000 and people leaving with as much as £15000.Would love to hear how much people out there plan on taking or have taken in the past and there opinions on the "Ideal"amount.
Any input would be very much appreciated:)

2. Posted by bex76 (Moderator 3932 posts) 12y Star this if you like it!

Hi Ricardo,

It would depend very much on where you are going. I spent around £3800 in 3 months in Australia, but substantially less than this in 3 months in South East Asia. If you let me know more detailed plans I can try and give you some more advice.

3. Posted by Ricardo (Budding Member 79 posts) 12y Star this if you like it!

We will be leaving the UK and flying to Bangkok.We will then spend 2-3 months travelling South through Thailand to Singapore.We then fly from there to Perth then on to Sydney.We will be spending 6 months in OZ in total.After OZ we will be going to NZ for 2 months then 2 weeks in Fiji and 2 weeks in L.A.We are both planning on working too in OZ and we will be staying in hostels and living reasonably cheaply.
Cheers so far Bex.:)

4. Posted by bex76 (Moderator 3932 posts) 12y Star this if you like it!

Hi ricardo

You should be fine with that budget as you're planning to work in oz. £5000 will easily get you through 3 months in Asia and allow for some time before you get a job in Australia. For Thailand, Malaysia and Singapore I'd probably budget for around US $25 per day (about £13 per day at the current exchange rate). NZ prices are roughly the same as Oz, and you can do Fiji qiute cheaply as there are some backpacker tour companies that offer good packages. Not sure about US prices but its a great time to travel there due to the dollar being so weak. Budget for around £1200 - £1300 per month in oz while you're travelling.

Hope all this helps.:)

5. Posted by Ricardo (Budding Member 79 posts) 12y Star this if you like it!

Thanks for that Bex.You have difinately put our minds at rest.Is good to know that we will have enough.
Take it easy:)

6. Posted by marlis (Travel Guru 1167 posts) 12y Star this if you like it!

Keep in minde that some things are good fore one person travelling alone,but not for somebody travelling with a partner.

I think it is much better to plane on the higher side,accommodation,work,,,,
If you can do it on the sunny side better for you...
go for it,but....

7. Posted by aharrold45 (Travel Guru 1281 posts) 12y Star this if you like it!

Anyone who is leaving with £1000 for a 12 month RTW trip, is either planning on working illegally, or is a complete moron who obviously has not done any travel outside of the cheapest parts of Asia before.

I recently came back from a 7 month RTW trip, and when converted in to £, I spent approx £5600 after airfares, insurance etc. Mine was a proper RTW trip which was really extensive. I went to 24 countries in 5 continents travelling 100,000km either in planes, bus, train or boat. In terms of what I did in each place I went, I didn't go over the top with expensive stuff or doing many organised tours that add to the costs, I also always went on the cheapest option for buses and trains except in India where I went middle class so I didn't die in the 50C heat. I hardly ever ate out, I never stayed in Hotels anywhere but in Asia where hostels were often hard to come by. 2 months of that 7 was spent in Asia where you can usually get by on $20US a day or maybe a bit more depending on which parts you go to.

OZ and NZ are not particularly cheap unless you compare them to Iceland or USA, so I think in Australia you could see things pretty well on £1000 a month, but you'd be wanting to stay in hostels basically your whole trip for your budget and maybe join a site like the hospitalityclub and stay at some strangers houses a few time to save a bit of money and hopefully make some more friends.

In LA you are looking more in the range of $50US a day if you plan on seeing or doing things in the area, taking a side trip to Las Vegas which is well worth it.

Have a great trip.

[ Edit: Edited on Dec 7, 2006, at 5:55 AM by aharrold45 ]

8. Posted by Acdale (Budding Member 29 posts) 12y Star this if you like it!

aharrold45 - which countries did you visit, for how long and how much did you spend in each place? I'm trying to work about my budget at the moment for 8 months in South america, nz, oz, sea and india and it would help me work it out. thanks, ali