If you want to see our hard number, jump to that section. There are really only a few things that people spend their money on when they travel: Plane tickets — Getting from region to region. Over the last twenty years this number has remained fairly consistent. You can estimate the cost of your airfare with our TripPlanner. So the couple spent the next eight months saving and planning for a year-long trek through Southeast Asia. They now make more money as professional travelers, relying on income they generate from their travel blog.
Matthew Karsten also quit his job for what was supposed to be a one year trip in After spending several weeks in Central America he was hooked, and decided he wanted to travel indefinitely.
He learned how to travel cheaply, and wrote about his adventures. He's now been on the move for the past five years, and making six figures a year through his travel blog, Expert Vagabond. Making the leap didn't happen overnight for these permanent travelers.
It took months of planning, budgeting and downsizing to save enough money to quit their jobs and hit the road. Every adventure should start with a reality check: How much can you really afford to save? Just pick a place that gets a lot of business and always seems to have a line to avoid a case of food poisoning.
This is the fun part of traveling and yes, you do have to budget for it. Museum entrance fees, guided tours, zip lining, surf lessons, concerts, and excursions all need to be accounted for in your budget. So, how much do you need to add? The answer depends on what you like to do. Hiking can be an inexpensive way to explore. Exploring a city on your own and visiting the free museums is a way to go sightseeing for the least amount of money. Add in a little bit of money for those other must-see sites.
Once you start adding in activities such as food tours or adventure sports your costs will really go up. Budgeting for activities can be very difficult because in most circumstances, you are not going to know what you want to do until you get there. And you do not want to fall into the trap of not doing anything because it will cost you money. Just remember why you are traveling in the first place. If you plan to do a big ticket activity, such as going on safari in Africa, trekking in Nepal, or taking an expensive, multi-day excursion, put this money aside so it will be easier to manage your normal daily expenses.
Most likely, these are activities that you are budgeting for during the planning phase anyway. If there is something that you really want to do, then do it. Just balance out the cost of the activity with your other expenses. Find cheaper places to stay, cook more of your own meals, etc. One of the main reasons we stayed in cheaper accommodations and took more buses is so that we had the money to spend on activities. We wanted to experience as much as possible.
That meant if some amazing opportunity presented itself, we took it. We did have to pick and choose quite a bit. And if we spent money on an expensive activity, for the next day or two we had to find cheaper food options to make up the difference.
We also felt like we would get more out of the activities than nicer accommodations, creating lasting memories of our travels. Turns out that some of our budget accommodations and cheaper food options created lasting memories as well. So it was a win-win right? Unavoidably, you will spend money on miscellaneous fees, such as visas on arrival, souvenirs, laundry, replacing worn clothing, buying new gear, and for other unaccounted items as you travel.
Unfortunately, there are more expenses to consider: those upfront costs that you will spend even before you set foot on that first airplane. These costs include plane flights, vaccinations, visas needed in advance, travel gear, travel insurance, health insurance, homeschooling materials, etc. This rough estimate comes from reading travel budgets of other bloggers, various travel planning resources, and our own experience.
This is just the midrange. Many people have done it and written about it. Want to travel the world as a family, like we did? Try to do so before your kids turn Most travel expenses, airline fees, activities, etc. If you are considering long-term travel, your next steps are to come up with a basic itinerary, determine your traveling style, and start making your travel budget.
Here are some more articles that can help you as you plan your around the world trip:. How to Design an Around the World Itinerary. RTW Ticket vs. Our Around the World Packing List. One Year Around the World. Or, check out our entire page devoted to around the world travel, including planning your trip, what to expect on the road, and what it is like to finally come home.
How to Travel Around the World. If you have questions, comment below or send us an email. Thank you for such an amazing website! Spain is a very different place, so come check it out before buying—it sounds like you are ready for a bit more freedom than a house would allow. I sold my house and have never looked back.
Considering you are fluent in Spanish, you might think of doing a trip to those countries to our south. I just returned from a 5-month trip through Ecuador, Colombia, and Panama. During those 5 months, I could count on two hands, the number of Americans I met along the way. I speak very little Spanish but thoroughly enjoyed my trip with no problems. It would probably be much easier and more enjoyable for you. All three countries were very interesting and very safe. I never once felt for my safety.
It has everything you need to travel around the if you the budgeted capital. It has a very detailed content including some images and links too. Thank you for posting this article. Happy posting. But Amsterdam is not a country! So alas, I made a choice that I know frustrates the die-hard geography buffs. Happy travels :. Good stuff to know. Thank you. I would like to go to China or Brazil but I only know English.
Good question David! And one I know many travelers face. But, a big exception to that is China, where a large internal tourism industry makes it harder than some places to visit without any language. But there are work-arounds. I traveled through China using an app on my phone to help communicate, and I had essential phrases written down by a local I am vegetarian, so I always had that on paper.
As for books, one you are absolutely going to want is a wordless, pointing book. Then, download the Google Translate app, which allows you to point your phone camera at text on a menu or bus station sign and it will translate the text into English.
You can easily buy a SIM card when you arrive and pop it into an unlocked smartphone. You could also hire a local guide. Urban Adventures offers great day tours, as does Context travel and some others.
Thank you for sharing these travel tips—some I have never read elsewhere. I love traveling too, and I am planning my budget now to figure out how I can travel the world.
Hi my daring thank you so much for your lovely article I read it word from word. I have never done a Euro trip and I was born in Aus. My partner is Serbian born in Croatia and he has a house in Knin somewhere in the country. We want to go traveling around Europe for 1 year with 30, between us. He has a house in Croatia so will save money there. We want to rent a nice car and go around in style on a budget to all countries but the roads are not safe. What is your suggestion and how expensive is the flights between each country?
Your budget will surely work, especially if you plan wisely how you spend that 30K not sure if you are talking Euro or US, but both would work, though certainly more leeway if you are talking Euro. Although that is on the low side of a budget many would recommend, because you are traveling for longer you can aim for that as an average expense. So in Switzerland your rate will be far higher, but you can easily spend under that daily average in Portugal and Spain. So by watching where you visit and perhaps even doing a vacation rental somewhere for a month or two, you could really maximize your budget and experience a ton.
If you are flying I am really unsure why you said the roads are unsafe? There are also great train passes and such, which are affordable if you book ahead as well. Hope that helps! What do you reckon, would 50, USD be a good budget for 2ppl for a year around the world? We have friends in Aus so we would stay with them for two weeks or so… Any insight would be greatly appreciated.
Africa and the Middle East might not be as cheap as you first think, so do some research on a per-country basis when you start planning your route! In little over a month I will begin my last High school year, and I was thinking about doing a gap year before university and travel across southeast Asia. Which and how many countries would you recommend me visiting?
Hi Emma! What a wonderful opportunity you have ahead of you. With a gap year to fill, your best bet is to head out on the road with a rough idea of how you will start, but then leave the rest up to chance. I have a few resources on the site for planning a route and what to consider. I hope that helps! Shannon- Just wanted you to know that you have been an inspiration for me and thanks for sharing all your knowledge with us — it is invaluable!
That said, I recently put in my notice at my job and leave May 10th for a year around the world which I hope to be able to extend longer : I am so excited! Planning question for you- how far in advance did you plan? I am in this limbo between not wanting to over plan and would like to keep some spontaneity in my travels but also want to make sure i have safe accommodation as a single girl traveling alone.
Another added caveat for me is that I will be traveling with my pup so I have that added concern as the places I stay and the airlines I fly on must accept pets. Thanks in advance! Thank you so much Steph, it makes my day to know my site has been helpful and inspiring as you plan your travels.
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