If you are going on a vacation, then you are probably really excited. However, before you leave, you should always try to create a vacation budget. Wait, wait, wait, don’t run away yet! Vacations budgets don’t have to be a complete drag. They can help you figure out how much money you have to spend, what you can afford, and more.
There are many different types of accommodations out there that you can use for your vacation. You can stay at a hotel, a motel, a hostel, a short-term rental, camp, stay in a cabin, sleep on a boat, and more. I’m sure the list can go on even longer than that.
Accommodation expenses can vary greatly and quickly. A motel, hostel or camping will probably be your cheapest options. Hotels can range from cheap to extremely expensive, so there are plenty of options out there for you.
Transportation is an expense that can vary widely as well. You might find somewhere close to take a vacation and then walk the rest of your trip, which would mean that your transportation expenses would probably be very low. However, if you are taking a round the world trip, then your transportation expenses may be one of your highest expenses on your trip.
You may need to rent a car, pay for direct car hire insurance, buy a bus pass, pay for train service, and/or more.
Food is almost always one of my biggest expenses when I’m on a vacation. I always like to try all of the delicious local dishes whenever I’m on a trip – so whether that be some new exotic dish or something like a burger, I want to eat it all.
I do like to make some of our meals in our room though. That can save a lot of money and time as well if you have a jam-packed day full of vacation activities.
Other things that you might want to think about include: passport fees (if you don’t already have one, then you may need one for your trip if you are leaving your home country), visa fees, activities, and more.
What else did I forget?