top of page

Travel Budget: 5 Top Tips on How to Plan a Travel Budget

Updated: Dec 20, 2022

If you are travelling for a short period of time or during the weekend, then it shouldn't be an issue to save money during this trip, but if you are traveling for longer, then you will need a budget.

Check Travel Safety: 9 Mistakes Every Solo Traveler Should Avoid

1. Create a Budget

This is an easy first step to know how much you can save for travelling, there are a lot of great places around the world that are budget friendly, once you have a goal in mind and know the places to want to visit, then you can start creating a budget.

Check Solo Travel: Everything You Need to Know Before Traveling Solo

2. Create a Savings Account

Having a separate account is ideal so you don't take money out of it, this way you will forget that that money exists. Have an amount of money that can be automatically transferred to that account every month so that you don't have to worry about it, even if it's just a small amount of money it will still be helpful.

Check Travel Safety: 16 Best Tips on How to Travel Safe

3. Narrow Down Your Subscriptions

This is another great and easy way to save money, you probably don't need all your subscriptions and you will find that are some that you don't use that often. This also doesn't have to be online subscriptions only, you can for example cancel your gym Membership and start working out at home more often.

Check Travel Tips: 5 Top Reasons Why Travellers Should Learn the Local Language

4. Eat Out Less Frequently

Eating out or getting takeaways will be more expensive that cooking at home, so try eating out less frequently and start eating home cooked meals. I am not saying to not do it at all, but try meal prepping for example and maybe eat out only on weekends.

Check Travel Budget: 10 Best Tips on How to Save Money While Traveling

5. Sell Things You Don't Use Anymore

We all have things lying around in our house that we don't use anymore, you can start selling them. You will find a lot of places where you can sell them, for example Ebay, Facebook Marketplace or have a garage sale. You can sell anything from clothes to furniture.

Check Travel Tips: 6 Best Tips on How to Move Around a New City when Traveling

38 views0 comments
bottom of page