Many think that traveling is a luxury which can be done only if you have loaded pockets. Wrong! It is possible to travel the world on a shoe-string budget too. If you’re planning to travel long-term, then a travel budget is essential as it will eliminate the stress of running out of money. So, how to do it? Read on to find tips and tricks on how to create a travel budget.
Determine Daily Travel Budget
Yes, budgeting is necessary even when traveling. Consider the duration of your stay and determine how much you need to spend each day to stay within your budget. Include the accommodation and activities you plan to do during the trip. If you overspend a few days, balance it out by under-spending on another day. You can use apps to track your budget and to ensure that you stick to the planned budget.
Crowdfunding is a fantastic way to raise the money needed for travel, but there are other tried and true ways to save and earn the money you need. Budgeting for a trip can be daunting when you add up what you expect to spend on transport, food, and lodging. However, if you use these money saving and earning tips on your travels in conjunction with good budgeting skills, you’ll find that traveling the world does not have to be as costly as it might appear.
There are a surprising number of opportunities to find free lodging on your travels. Whether it be through actual couch surfing using websites or apps devoted to the practice or good old fashioned networking to find places to stay, you can avoid costly hotels. Hostels are always a solid option, as it is essentially couch surfing with a minimal fee, but if you’re looking for a totally free stay, there are still options.
So you’ve got the travel bug and are itching to see everything our beautiful planet has to offer. One of the major constraints on where we can go to experience something new, exotic, and exciting is cost and our budget. Fortunately, there are plenty of places to explore that don’t cost the earth and offer budget-conscious travelers an array of beauty, culture, and novelty. One such region is Southeast Asia which is home to a vast wealth of travel experiences whether you are backpacking, a solo female traveler, or a student. Anyone at all can enjoy the sights, smells, and experiences of this affordable and exotic location and return home with a new library of enviable travel stories. Here are some of the best places to travel in Southeast Asia on a budget.
1. Cebu – Philippines
The architecture in Cebu is based on Spanish influences © Flickr
Cebu has been referred to as the Queen City of the South and is a mecca for travelers of all budget types. It is one of the Philippines oldest cities and has a rich historical and cultural heritage. There is plenty to do and explore here from its white sand and crystal clear water beaches that offer diving, swimming and sunbathing, to a wealth of old Filipino-Spanish buildings that date back to Magellan’s time. There is a fascinating mix of religions on the island from its Christian influences and its Cathedral through to its Taoist temple and religious festivals – there is always something new and interesting to discover here.
Travel is by far one of the best ways to get in touch with not only yourself, but the world at large. As we all know, however, funding that travel can be incredibly challenging, especially if you have any significant amount of debt to contend with. Luckily, there are ways to get around figuring out how to travel the world with no money, like travel grants, volunteering with international aid organizations, or teaching English as a second language abroad.
I ended up going with the latter, and it was one of the best travel experiences I’m ever likely to have. Not only was I able to experience vibrant culture in my year teaching, but I was able to pay off a decent portion of my student loan debt while also saving money for my return stateside. This wasn’t a particularly easy thing to do, but it is very possible if you remember a few key things.
Raising money in the modern age is a lot simpler than finding investors or getting a loan from the bank. All you need is an account on a crowdfunding site and a good story, and if you’re lucky, the funds will start pouring in. It’s become a popular way to fund trips across the country and around the world.
It’s also an old trend — just look at Christopher Columbus, who crowdfunded his way across the Atlantic Ocean.
If you’ve managed to successfully crowdfund your latest trip, what is the next step? Here’s what you need to do.
Create a Timeline
This is something you should have completed before your campaign reached its goal, but it’s not too late to get one started. Not only does it help you keep your trip itinerary straight, but it can also help you show your donors where their money is going.