The next big chunk of your travel expense will be your accommodation. Try fare comparing sites like Skyscanner, GoEuro and Kayak to help you make the best choice and get the cheapest tickets available. There’s always a good deal available if you look around. Our top tip: Never book a ticket without comparing prices. If you plan to travel to more than a single place, estimate how much the rates for these trips will be as well. In this step, determine the costs of taking a flight, bus, train, rental car or cruise ship to your destination. But start your research and look at various options available to you and arrive on an expected figure depending on your choice. Depending on where you plan to travel to, your choice of transportation will vary. The major expense you’ll incur while travelling is most often the cost of actually getting to your destination. Here you go! 7 Simple Steps To Create A Realistic Travel Budget Think of how you’ll get there Remember…Ī good travel budget is one that is flexible.

And, don’t hang on to the budget like it’s gospel. Accept that you’re going to estimate things based on the information you have and that you may make mistakes while doing so. Understand that your travel budget is a guide, not a restrictive set of rules. Creating a travel budget is not in the least complicated. And, if you’re ready to take off, a travel budget will help you make the best spending choices on the go. If you are just saving for a trip, a travel budget will act as a guide to set a realistic savings goal. If you’re still in the planning stage, a travel budget will help you make a more realistic travel plan. Who needs a travel budget?Īnyone who wants to travel, is travelling or will be travelling. And, this is why you need to have a plan… and a TRAVEL BUDGET!Ī travel budget lets you enjoy your trip by taking out the stress of constantly thinking about money. We also want to have a nice time without the stress of constantly thinking about money. How many times have you returned home after a holiday and regretted the way you spent money? How many times have you wished you had a little more time and money to tick off a nearby place on your way? Let’s say, more than once?Īll of us want to get the maximum value for the money we spend while travelling. And, some others may not want to waste their hard-earned holidays to stress over their spending! No matter what stage of travel planning you may be in or what your idea of handling money may be, a travel budget will only help you plan better and enjoy a stress-free holiday.

So you’ve decided on your dream summer destination and are all set to take off? Or, are you still finalising plans, booking stuff and looking forward to your upcoming holidays? Or, are you just saving up for your much-needed vacation? Whatever may be the case, you need a travel budget! Period.īut why, you may be wondering! Some of you may be really good with your money and would be sure not to overspend while vacationing.

Travel budget planning template