Guide to Planning you Travel Budget
This is it! It’s finally summertime – the season to catch up with old friends and just relax with your family. It also gives you the perfect excuse to splurge on travelling and seeing more of what the world has to offer – whether you’re going solo or joining others.
But what if you’re working on limited funds? Don’t worry because we have a neat guide on all things you have to consider to make the most out of your budget!
#1. Identify resources!
The first step to budgeting is figuring out how much you’re working with. How would you know how to budget if you don’t know where you’re starting, right? Decide on how much you’re willing to splurge for the trip and where you’re getting the funds. Will you be tapping on your savings for some extra cash or will you stick to the money you’ve set aside specifically for this?
Pro-tip #2: Set priorities!
If the budget is tight, think of what you want to put the bulk of your money in and which ones you can do without. Will you be willing to share rooms in order to have more drinking funds? Or will you prefer to stick with budget-friendly meals to stay at a gorgeous beachfront resort? The decision is all up to you – so make good choices!
Pro-tip #3: Get searching!
Once you’ve already decided on the optimum fund allocation, feel free to comb the internet for deals and steals particularly with your accommodation. It will also help if you research great food places and chill out spots that fit your budget so you’ll have an idea before getting there!
Pro-tip #4: Track it!
When you’re already in the middle of the trip, it’s easy to get lost with all the purchasing. As long as there’s cash in your wallet, the default is to spend, spend, spend! This is why it’s important to track all expenses just to make sure that you still have enough to get home!
Don’t let your budget stop you from enjoying and having the full experience, though! If you can’t join friends or family outings because you don’t have any savings, or if you want to splurge on a slightly more comfortable accommodation, we say go for it! You deserve to treat yourself – and even Cashwagon agrees. That is why it offers an easy and convenient way to get cash loans which you can use to fund your travel adventure, minus the hassle of complicated processes and long lines.
Good luck and bon voyage!