Here are some tips to follow for sticking to your travel budget. When you’re all set to travel, flights are booked and before you know it your drinking your favorite cocktail on a beach with no end date in sight. Indeed, you’re finally living the dream. But the hard part is far from over. Now that you’ve taken that step towards a life of long-term travel, you need to learn how to stretch your money out as far as possible. Certain parts of the world like Southeast Asia and Latin America are famous for being cheap, but that doesn’t mean it is impossible to spend all your money in just a few days. That’s where you need to learn to stick to your travel budget.
Here are some ways to do so:
- Keep track of every money spent. List down every single money you spend in a little pocket diary. At the end of the day, add up how much you have spent and use it to keep track on where your money goes. Doing this helps one focus on goals and see where we need to improve on ways to stick to your travel budget. Having the numbers in front of you makes it seem real and really gives direction in your spending habits.
- Make a daily travel budget. Work out and determine how long you plan to be away and make up a budget, then stick to it. Some days you need to go over it, make up for it by having a few quiet days to even it out. If you stop caring, then you may run out of money a lot sooner than you want it to.
- Travel slowly. This has a lot of benefits because it can save you a lot of money. Staying in one place for an extended period of time allows you to work out where the cheapest places are to eat and drink. Depending on your bartering skills, you can make a deal with your accommodation and get a better price for a week-long stay.