1. WHERE YOU GOING?
Get to know your destination. Your budget needs to be tailored for each trip you take. Accommodation and meal prices are going to be a lot different from New York City to island life in Thailand.
2. WHAT’S THE EXCHANGE RATE?
The currency exchange rate could be the difference between staying in a hostel and staying in a 5 star hotel. So make sure you do your research.
3. HOW MUCH DO YOU WANT TO SPEND?
Set yourself a daily allowance and then add $20. We always spend more than we want but it’s worth over estimating that amount.
4. WHEN THINGS GO WRONG
Stuff happens. You miss your flight, your bag gets lost, or your hostel loses your booking. Travel insurance is always recommended but having an emergency fund included in your budget can make a big difference. AND if you don’t need to use it, you can stock up at the duty free on the way home😉