Helpful Tips for Planning a Travel Budget
I recently came across this colorful poster that outlines 6 important tips that should be included in ones travel budget. I enjoyed the look and the tips included on the colorful infographic, that I thought it would be neat to pass in on to you as well!
We always seem to miss calculate and / or forget a few things when budgeting for a holiday. This handy reference may help you out when planning your next vacation. First, check out the short video below on a few tips when budgeting for a Cruise Holiday from one my favorite Travel Experts; Peter Greenburg.
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Thai Airways Offers Six Travel Budget Tips
Thanks to Thai Airways for putting together this colorful poster outlining their recommendations when budgeting for your holiday.
Budget for Transportation
This is something that many simply forget to budget for or just ignore completely, but depending where to and how much traveling you are doing, transportation costs can add up big time! 🙁
Whether bus transportation, car rental, taxi or even any other mode of travel once you have reached your chosen destination, be sure to include this in your budget!
It is always a good idea to check with your travel agent or even on the internet for transportation costs in and around your chosen destination.
In many cases and depending on how many people are in your group, taxis can often be cheaper than bus transportation. We found this out recently on our last holiday to Hawaii. It was cheaper to take a private taxi van than that of the local shuttle bus based on a per person cost. This surprised me, but in the long run, it ended up being much more convenient, faster and cheaper too! 🙂
Include Accommodation in Your Travel Budget Planning
Aside from the cost air travel and food, accommodation is definitely one of the more expensive aspects of travel. This is not the case of course, if you may be taking an all inclusive vacation where accommodation is certainly included in your total holiday package. These types of vacation packages offer outstanding value for the dollar and do include Cruise vacations as well.
It definitely pays to shop around and even contact the hotel or motel provider directly, rather than going through a third party. This is also where Choosing a Travel Agent is sometimes a great option depending on where you are traveling to. They have access to wholesalers that are simply unavailable to the public.
On my last view travels abroad, we have really enjoyed home stay accommodations. Staying with locals is a great way to really feel what’s it’s like to live in the country you are visiting and a wonderful opportunity to meet new people as well. Be sure to check out my recent post on the Airbnb, a world recognized home stay booking site.
Shop around and take advantage of all the resources available to you! 🙂
Establish a Food Budget When Travel Planning
The next highest cost for travel is of course, food. We all have to eat and depending on your budget, the options for food are unlimited!
There are ways to save a great deal of money on food when traveling. One such option is by selecting a hotel that offers a free breakfast included with the cost of your accommodation. Yes, there are limitations depending on where you are staying, but we often are able to enjoy a healthy breakfast with beverages included. When you are traveling with a group of 4 for example, this can save you a great deal of money!
Food is difficult to budget for, but depending on where you are heading, one can usually stay within a daily set budget that you have set for yourself. Do some research on the internet, ask a travel agent or perhaps you know someone that has traveled to your chosen destination. This helps a great deal when planning a budget for food expenses.
Don’t Forget to Add Activities in Your Budget Plans
Tours & Attractions;
This is just a few of the endless extras that have to be accounted for on a holiday.
So think about what you may have to pay extra for and try to include this in your travel budget within reason.
At least if you include this right away in your total expected expenses, you will be somewhat prepared when you arrive and have budgets for these extras.
Plan a Shopping Budget
Another difficult thing to budget for, but if you are concerned about expenses, is shopping. This can definitely eat up all your cash fast!
If you are watching your spending, then try to set a maximum amount you will allow yourself for shopping. If using credit cards, then you certainly do not want to arrive home to all those bills that await you! We all like to buy souvenirs and clothing while away on vacation, so set a budget and try to stick to it. It may prevent you from buying something you really didn’t need in the first place! 🙂
Be Prepared for Sudden Emergencies
Last but definitely not least is those unexpected expenses that surface while away.
I like to think of it as miscellaneous expenses. Things always happen or appear unexpectedly when away from home, whether that of an emergency in nature or just something extra that surfaces when traveling. Lost sunglasses, more suntan lotion, I’m sure you get the message! 🙂 As well, always carry a travel first aid kit for minor medical issues. There’s all kinds of travel kits you can purchase or make up one yourself. Have a look at our homemade travel first aid kit and the items we always carry with us when traveling.
Today, and like many people these days, ATM’s are so readily available that we try to use cash for just about everything. It much cheaper than the extra fees credit cards add to your bill, but at the same time, it’s always good to travel with at least one credit card, so you can take care of these extra sudden expenses or unexpected emergencies along the way.
There you have it, six simple suggestions to think of when planning your holiday and trying to figure out your budget for expenses. Travel does not have to be that expensive if you set limitations and budget accordingly. We have always managed quite well on holidays over the years, by just trying to stick as closely as possible to our travel budget.
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