Going on vacation is a great way to take a break from your daily routine and relax. However, planning the finances for your trip can be a daunting task.
One of the most common questions that comes up when planning a vacation is, “How much money should I take per day? “.
Factors to consider
The answer to this question depends on several factors such as the destination, duration of the trip, activities planned, and your personal spending habits. For instance, traveling to an expensive city like Paris will require more money compared to a budget-friendly destination like Bangkok.
Daily Budget Range
On average, travelers should budget between $50-$150 per day for food, accommodation, and local transportation. This amount may vary depending on the destination and type of accommodation chosen.
- Low Budget Travelers: Those who prefer staying in hostels or budget hotels and eating cheap street food can manage with a daily budget of $50-$70.
- Moderate Budget Travelers: Those who prefer staying in mid-range hotels or Airbnb rentals and eating at restaurants can manage with a daily budget of $70-$100.
- High Budget Travelers: Those who prefer luxury accommodation and dining can expect to spend $100-$150 per day.
Tips for Saving Money on Vacation
Although it’s tempting to splurge on your vacation, it’s always better to save where you can. Here are some tips that can help you save money:
1. Choose your destination wisely
Some destinations are inherently expensive due to their popularity or location. Researching lesser-known destinations or visiting during off-season can help you save money.
2. Book in advance
Booking flights and accommodations in advance can help you save a significant amount of money. Last-minute bookings tend to be more expensive.
3. Use public transportation
Using public transportation instead of taxis or rental cars can save you a lot of money. Most cities have efficient and affordable public transportation systems.
4. Prioritize your activities
Instead of trying to do everything, prioritize the activities that interest you the most. This can help you save money on entrance fees and other expenses.
5. Eat like a local
Eating at local eateries instead of touristy restaurants can help you save money while also giving you an authentic experience.
Conclusion
In conclusion, the amount of money you should take on vacation per day depends on several factors such as destination, duration, and personal spending habits. Budgeting between $50-$150 per day is usually sufficient for food, accommodation, and local transportation.
However, there are always ways to save money by choosing your destination wisely, booking in advance, using public transportation, prioritizing your activities and eating like a local. Happy travels!