19 Dec How To Stick To Your Budget On The Road
Saving enough money to finance your travels may take many months, or even years. Some people decide to work more than one job, and others cut their expenses to almost the barest minimum just to have sufficient funds for their plane tickets, hotel bookings, food, and other expenses.
Because there is so much hard work and effort involved in the financial aspect of any travel preparation, it only makes sense to stick to a budget while on the road. It would be disappointing to end up overspending and run out of funds even before you reach the end of your vacation.
The following are a few helpful tips on how you can effectively manage your budget while travelling:
Research. Before your trip, it is important that you have an estimate of how much you expect to spend on food, transportation, entrance fees to attractions, souvenirs, and other things while in your destination city or country. You can quickly look these information up on the internet. Check if you can avail of discounted rates if you purchase online in advance or if there are promos available for certain dates.
Set a day-to-day budget. After gathering information on the average costs of things in your destination, you can set a particular amount that will serve as your spending limit each day. It does not have to be exact up to the last centavo. It should only be a benchmark that will tell you if you still have some money left to spend for the day. Split your cash and keep them in separate envelops so that you just have to grab the one that is allotted for that day.
Track every single expense. Keeping track of every one of your financial transactions can be a bit inconvenient and bothersome, but it is an effective method that can accurately tell you how much you have already spent. You can either write them down in a small notebook or you can use one of those expense-tracker apps available for smartphones.
Use public transportation. Experiencing the local life is one of the greatest things about travelling, so use the local trains, buses, and other modes of transportation. You not only get a glimpse of how the everyday lives of these people go, but you may also get the chance to ride a unique mode of transport that your country does not have.
Try the local cuisine. Fast foods and restaurants are not the only places where you can feast on amazing and scrumptious foods. Street foods are also a great way to get acquainted with the local dishes. They are cheap and affordable, so do not be afraid to try them. In Southeast Asia, it is very common to see long lines of food vendors on sidewalks near popular tourist landmarks, cooking exotic and mouth-watering local specialties.
Hold back on the souvenirs. Before buying that traditional musical instrument, heavy wood carving, or large clay jar, think about how you can transport them with ease from one destination to another and the extra baggage fees you might incur once you head back home.