You’ve saved up carefully for your upcoming trip,
and you want to have a relaxing and fun vacation without breaking the bank. The
good news is that a travel budget will help you do that with ease. There are
two main kinds of costs that travels incur: costs you know before leaving,
which are fixed costs and ones that will occur once you’re there, which are variable
costs. One way to start your travel budget off right is to pick a hotel with
great value, like the ones at http://www.expedia.com/Las-Vegas-Hotels.d178276.Travel-Guide-Hotels.
Booking your hotel room is your first known cost can be entered into your
travel budget. You can keep track of your travel funds electronically on a
spreadsheet, or in a small notebook. Your travel costs are the next factor. If
you are flying or getting a car rental, you can make note of these amounts in
your fixed costs.
Variable
Costs
Having noted your fixed costs, you can then deduct
them from the amount you’ve set aside for the trip. This is the amount you have
for spending on your daily, variable costs like food, activities and shopping.
Divide this amount between the total numbers of days you are travelling. This
gives you an idea of roughly how much money you have for spending per day. Of
course, there are days in which you will use more money and days in which you
will use less. You can minimize some of the surprises by doing a little bit of
pre-trip research about the average cost of a meal, tour prices, or spa
packages to give yourself a better idea of what to expect.
Daily Log
Keeping a daily log of your expenses helps you plan
your finances on your trip. You can do this by keeping receipts or using your
fund tracker. Review these each day to give yourself an idea of how you are
doing – it only takes five minutes a day to stay on top of your spending!
Rainy Day
Expenses
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