The Budget

I’ve read several budget travel books on how to travel the world under $50 per day. Most of these books cater to backpackers and people that want to stay in hostels. I’m traveling alone and I don’t want to stay in hostels or (god forbid) campgrounds. So I’m budgeting $100 per day. This will allow me to stay at accommodations that are a bit safer and have better amenities.   I know that certain countries will require significantly less than a hundred dollars a day. It makes me feel better to budget travel contingencies into the daily total rather than keep a large emergency fund. For me emergency funds are code for extra spending money.

I don’t want to try travel hacking to save money on my trip. A ton of people have exceptional experiences with getting free things but it takes a lot of dedication to be successful. There is enough to think about with a trip around the world that adding a bunch of credit cards to the mix is just too much for me.

I will be using information from travel resources pages (like this one from Lonely Planet) to create a more specific budget based on  each country.  Hopefully it will average out in the end. I’ve started my budget and will continue to add to the list with an average of recommended amounts.

Pre-Departure Expenses

  • Doctor Appointments
    • Medical
    • Dental
    • Vision
  • Passport, Visas, Photos
  • Guidebooks
  • Camera and Equipment
  • Luggage and Day Pack
  • Clothing 
  • International Drivers License
  • Medical Insurance for Travel
  • Toiletries
  • Travel Cancelation Insurance
  • Travel Gear
  • Vaccinations
  • Valuables Insurance

Transportation

  • Air Fares
  • Train Fares
  • Taxis/Car Service
  • Tours
  • Other Transportation

Accommodations

  • Hotel, B&B, Other Lodging
  • Resort Fees
  • Wi-Fi
  • Taxes
  • Other

Meals

Travel books recommended $25 to $40 per day. I’m moving my budget toward the high side of this budget to include liquor and nicer meals. Breakfast is usually a meal I eat in my room or (sadly) skip so $10 is plenty. In Asia, I have read you can eat for $10 for the whole day so $40 is going to go far.

  • En Route
  • Daily Meals ($40 )
    • Breakfast ($10 per day)
    • Lunch ($12 per day)
    • Dinner ($15 per day)
    • Snacks ($3 per day)
  • Groceries
  • Bottled Water

Entertainment

Most of my trip is focused on visiting museums so I have included them under business costs. I love the theatre and can’t imagine making a trip around the world without seeing a least a couple of shows.

  • Theatre, Opera and Festivals
  • City Passes
  • Local Experiences (safaris, cruises)

Miscellaneous

  • Emergency Fund
  • Souvenirs

Cloth+Culture Costs

  • Museums Admissions – Will try to offset this cost by writing to each museum for a discounted or free admission
  • Visits to Makers, Factories, and Manufacturers
  • Business Cards