When taking a trip somewhere near or far for a much needed vacation, it can be difficult to predict all of the expenses. There are so many small fees that can add up, leaving you confused as to how you spent so much. These tips will help you remember all of the little things to include when making a budget for your next adventure!
Traveling can cost way more than you anticipated, making it important to have a thorough budget that covers every possible expense. You may think you will rely on your feet for the entire New York City trip, but it’s a good idea to plan for some car or subway travel once your feet give out. It can cost up to $200 for travel in just 3-4 days, so this has to be included. This price comes from the length of the Uber trip, buying passes for the subway, and simply tipping the drivers. Airports can also ambush your wallet with tips for those who help unload your luggage in addition to the plane ticket. And you’ll definitely want that grande Frappuccino from Starbucks! Oh, and that neck pillow, too. You have to be comfy when traveling. Overall, transportation has many small expenses that can add up, so do not forget all that comes with it!
Everybody loves a good shopping spree while they are on vacation. There’s no better time to treat yo’self! Looking for souvenirs to give to your friends and family is a wonderful part of your trip, and planning for it can save your bank account. Planning out who you want to buy for, yourself included, can help you make a budget for how much you want to spend. Make the expenses fit into your overall budget, too. Know how much you are willing to spend on each person to avoid any impulse buys that you may regret later. It could be a good idea to overestimate your expenses a bit, so you have some room to over or under spend.
Including hotel stays and overnights in your budget will help you stay on track. You may have purchased these before you left for vacation, but it is part of your overall expenses. It may help to compare hotels in the same area of where you’re staying to get the best prices. Travel agents can help you out with the stress that comes with trying to find a reasonably priced hotel. The hotel you’re looking at may even have a rewards program, so download that app and get some points. You definitely deserve it. And don’t forget about other costs like the tip for the cleaning staff and valet! Otherwise, you may find a shortage of towels in your room and no one wants that.
Trying new foods is a huge part of vacation. Adding how much you want to spend on food into your budget is important for keeping track of money. Plan how many days you would like to eat out and how many you would like to prepare at the place you’re staying. Keep record of how much you tip for servers, too! Having a plan for food on a trip will keep you in charge of your budget.
Making sure that you are fully prepared for your trip is essential. Whether you’re driving your car or expecting to use your credit card, it is important to make sure that you are covered. Always check out the existing coverages when purchasing any sort of rental, especially a car. In some places, like Ireland, it is mandatory to have coverage on a rental vehicle. If you know that you have to purchase some sort of coverage, do it in advance and save your wallet! Waiting till the last minute can double the cost and put a damper on the vacation that you have looked forward to for months.
Some trips can have a higher expense depending on where you go. When traveling out of the country, you’ll need a passport. Currently, the passport fees for one person are $115. This will have to be included in your budget. It is also a good idea to include travel insurance, just in case. Deposits are also a part of travel expenses, but their prices can range depending on the cost of the trip. Different countries also have different money systems. If you’re traveling somewhere like Spain, make sure you convert dollars to euros! And don’t be fooled. If you find a super cute pair of leather shoes at one of the shops, know that euros are worth more than dollars, so you’ll end up paying more than you think!
Cruise ships can also take part in the art of foolery. If the price seems too good to be true, it is. Lower prices mean that nothing is included, especially not that Piña colada that you have been craving for days. It may be better to get the higher priced package that includes meals and drinks, because you will probably end up saving money. Your wallet and your stomach will thank you for it.
There are many expenses that come with traveling, but no need to fear! Keep records of what you spend and try to stick to your budget. By having an idea of what you want to spend, you’ll have a better chance of not emptying your wallet!