Travel Budgeting: How to Plan Your Trip
A travel amateur’s guide to budgeting
I don’t know about you, but I’m getting pretty tired of winter, and can’t wait for warmer weather and more outdoor adventures.
But how do you start your travel budgeting journey?
As someone who prides themselves on being money-conscious, I’ve developed a plan to save for a vacation and wanted to share some of the most common tips I’ve found online to help you out on your vacation budgeting journey.
This blog will go into the ten most important things you need to know for travel budgeting. Here they are.
1. Travel budgeting: Calculate your weekly expenses
Start your budgeting journey by understanding your weekly expenses. Create a baseline that covers your essentials, like rent, utilities, groceries, and any recurring bills.
This will give you a clear picture of your regular spending habits, and set you up for success when it comes to step two.
2. Determine your disposable income
After accounting for your weekly expenses, figure out how much extra money you have. If there’s none, it’s time to reevaluate your spending habits or explore additional income…