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Some people believe travel is expensive and restricted to the elite. I am here to prove to you that it isn’t, travel is something that any of us can afford to do.
To prove this to you, I am going to break down my weekly expenses at home and my general weekly expenses abroad to show you that you can spend less money travelling than you do at home. Keep in mind, I am a budget traveller (to the extreme) so your expenses may vary. I am also going to share ways you can extend your trip without increasing your budget.
My weekly expenses at home
I try to keep my living expenses to a minimum. Even doing so, this is roughly what I spend each week.
Rent: $190 per week
Food and coffee: Approx $150 per week
Internet: $10 per week
Mobile: $15 per week
Electricity: Approx $15 per week
Petrol: $60 + per week
Car expenses (rego, insurance, tires, servicing etc): Approx $40 per week
Nights out with friends/ adventure activities etc: $100 per week
Total standard weekly expenses = Approximately $580
My weekly expenses abroad (Asia)
Now weekly expenses abroad will vary depending on the country that you are travelling around and your travel style. I am calculating these expenses as a budget traveller in Asia.
Accommodation: $20 per night in a hostel/ budget hotel = $140 per week
Food: $20 per day = $140 per week
Transport and tours: $200 per week for local and domestic travel (I personally don’t do tours unless they are essential and I choose to travel slowly which saves $$).
Travel Insurance: $20 per week roughly
Total weekly expenses: Approximately $500.00
My weekly expenses abroad (Canada/ USA)
These expenses are calculated as a budget traveller in a country like Canada or America.
Accommodation: $30 per night in a hostel = $210 per week
Food: $200 per week
Transport and tours: $200 per week for local and domestic travel (I personally don’t do tours unless they are essential and I choose to travel slow which saves $$).
Travel Insurance: $20 per week roughly
Total weekly expenses: $630.00
You can see that I can spend less money travelling than I do at home. The key difference is that you generally won’t have an income as you travel. So what can you do extend your trip without increasing your budget?
Tips for extending your trip without increasing your budget
These are some of the ways you can stretch your travel budget:
Travel to cheaper countries – You will get a lot further in Asia or Central America than you will in Europe
Volunteer for accommodation and food – many hostels offer this as a program and this is my go to when I am running low on funds but don’t want to go home.
Go on a working holiday – My favourite way to travel. There are so many benefits of a working holiday. There are lots of different jobs you can get on a working holiday, these are the most common working holiday jobs.
WWOOF – A program that offers accommodation and food in return for a few hours of work on a farm each day.
Buy a car and road trip/camp: In 2014 I lived out of a car for around 3 months while I explored Canada and America. This allowed me to see so much more yet spend so much less as our car was our accommodation. At the end of the road trip, we sold the car for the same price that we purchased it for. Win win. This is my preferred way to travel, but something I would suggest doing with a partner or friend as opposed to solo.
A Guide to affording travel
I have developed the ultimate travel budgeting resource, a guide to affording travel.
This guide teaches you all the strategies I use to save money, create a travel budget and plan my dream trips! In this book you will learn:
- Proven strategies to help you save money fast
- Advice on assessing your budget and creating an action plan
- A 7-step guide to creating a travel budget – including a printable sheet
- Destination-specific budget advice
- Information on the best budgeting and travel resources
- The travel hacks I use to save thousands of dollars
Pin – Spend less money travelling than you do at home
You may also be interested in my post on how to save money for travel