Trip Budget

Once you've decided on a destination, you must plan a trip budget. You'll need to factor in the big expenses like flights, accommodations, everyday expenses like food, getting around, and entry fees for attractions, plus a little extra for unexpected things like tips or emergencies. Setting aside funds for travel insurance, visas, and other essentials will help you handle surprises. A well-planned budget means relaxing, avoiding overspending, and enjoying your trip without worrying about money.

• Trip Budgeting Checklist

  • Flights and other methods of transportation to get to your destination.

  • Hotel or other accommodations.

  • Public transportation - How will you get around once you reach your destination? How are you getting from the airport or station to your hotel?

  • Communication - You may want to purchase a local SIM card with a data and calling plan.

  • Entry fees for attractions and other sightseeing activities.

  • Meals - Will you eat at chain restaurants, or do you want to try local foods? Do you enjoy a glass of wine? I recommend creating a daily food and beverage budget.

  • Shopping and Souvenirs - It’s always nice to budget for those little extras you can’t resist or a gift for that special someone.

  • Health and Travel Insurance - I highly recommend both if you travel out of your home country. You want to be prepared if your plans change due to unexpected circumstances or if you have an emergency abroad and must get home. Travel insurance covers you for many situations - read the fine print. And if you have a health issue, you want to ensure you’re covered.

  • And don’t forget the extras such as:

    • Passports and Visas

    • Vaccines if needed

    • Tips

    • Clothes, gear and toiletries

    • Emergency funds

If you're just in the planning stages of a trip or have your flights booked, it's never too late to start a travel budget to ensure you get the most out of your trip and have enough money available for unexpected costs or emergencies.