Budget Packing and Budget Travel in Your 20s - Leah Gervais (2024)

Traveling is one of the most important things you can do for yourself in your 20s. Yet, we all know how hard it can be to afford to travel at this time in our lives. Money should not stop us from traveling, though.

Budget Packing and Budget Travel in Your 20s - Leah Gervais (1)

When I decided to pack up my life and quit my job to travel abroad alone, I didn’t have a ton of money saved up to do so. But that’s ok! I don’t need it.I did need to be sure that I would be safe and comfortable abroad. So, I focused on budgeting. Here are my tips on budget packing and budget traveling. Plus! My guide to the 5 travel websites I could not live without for budget travel, and how I use them.

Pre-Traveling

Packing

My two favorite tools in purchasing for budget packing are Amazon and Ebates. Amazon has the flexibility and reviews of products I need, and Ebates is how I get cash back for shopping at Amazon.

Amazon

Amazon was my go-to for purchasing travel equipment I didn’t already have. It was so much less expensive than shopping at REI or Eastern Mountain Sports. (P.S. use, Amazon Smile so that a portion of your purchases go to a charity of your choice.)

Use Amazon for it’s “buy used” section, it’s plethora of reviews, and the variety of brands it carries for an item to get the lowest price. Thanks to Amazon Prime, ordering online wasn’t a huge time risk, as items arrived in 2 days after ordering. This even gave me plenty of time to return items, which is what makes me prefer Amazon to Ebay or Craigslist.

If you don’t have Amazon Prime because you don’t want to pay the annual fee, an idea is to share an account with roommates so you can split the Prime fee yet it still goes to the same address, like families do!

Some of my favorite Amazon finds are:

Ebates

Ebates is how I get discounts for shopping at Amazon.Ebatesis a third party website that directs you to retail websites, and in doing so they receive a small commission and so do you. You’ll get a percentage of whatever you spend online shopping back to you. If you don’t have Ebates, I can’t recommend it enough. Just from signing up in my link below, you’ll receive an automatic $10 sign up bonus. Ebates isn’t just good for shopping on Amazon, either. It gives you cash back for shopping on countless online sites. I honestly can’t think of any store that doesn’t use Ebates.

When preparing for my trip abroad and using Amazon nearly exclusively to do so, I logged ontoEbatesfirst and then onto Amazon through Ebates. In doing this, I received a 3% cashback credit from Ebates, which will be delivered to me in check form. You can sign up here:

Budget Packing and Budget Travel in Your 20s - Leah Gervais (2)

Between Amazon and Ebates, preparing for trips has become so much less expensive. I just wish I could use Amazon Prime to deliver to me anywhere in the world!

Flying

Use frequent flyers to save literally thousands of dollars on plane tickets. I have frequent flyer miles to nearly exclusively thank for how much travel I’ve been able to do in my 20s. Airline credit cards are a beautiful thing and help tons with budget travel. They have great benefits, they’re not too expensive to obtain, and they’re not difficult to get in your 20s. It’s through earning frequent flyer miles for so many years that I’ve been able to travel internationally for under $100.

Learn exactly how to do so in my posthere.

While Traveling

Find accommodations with food prep options

Food is one of the most expensive aspects of traveling because you basically need to eat out for every single meal. We all know how much that can add up. This personally drives me crazy because I’m one of those people that would rather spend money on traveling more places and shopping than meals that are mediocre anyway. So, when looking for hostels and hotels, I keep an eye out for ones with communal kitchens, microwaves, or refrigerators. This way, I can keep fruit, drinks, yogurt, or cereal around, and save a lot of money. If you can cut the costs of restaurants down from even 3 a day to 2 a day, it will make a big difference.

Don’t pay for breakfast

This is in line with the tip above, but another way to save money on food is to look for hotels and hostels with breakfast included. A lot of them offer this. If a hostel is a couple ofdollars more expensive because it includes breakfast, don’t shy away from that. This actually could still be a more financially intelligent option. Included breakfasts are usually pretty plentiful in food. So, you can even combine this tip and the one above and have a big breakfast (included), a homemade lunch of cheese, bread and fruit, and then all you’re really spending money on food-wise is dinner.

The 2 out of 4 rule

I use this strategy in my everyday budget and in my traveling budget. The idea is that you can use “fun” money for generally four categories: food, drinks and nightlife, transportation, and shopping. In order to truly enjoy yourself and make the most of your money, pick only two of these things to spend on. For instance, you can have a foodie vacation where you spend on food and drink, but perhaps swear off taxis. Or, if you want to do a lot of shopping and tourist attractions, opt for cheaper food options. For me here in Southeast Asia, I’m able to eat very inexpensively so that I can save my money for plane travel, which I much prefer than abus. Whatever combination makes the most sense for your vacation, stick to it.

Avoid tours

Tours are truly a great way to see things, and essential in some countries, but also pricey. With the internet and plethora of travel publication, you can brush up on background, history, and culture on your own and give yourself more tours than you need to pay for. I encourage tours, but if you’re on a budget, they might be better to push off until you have a bit more money. Sometimes, a self-guided tour can even be more fun because you can spend extra time on what you love and skip what isn’t so interesting. And, of course, save money!

Traveling is such an important part of our 20s. We shouldn’t let the issue of a budget stop us from having these experiences.

Want to learn more about freelancing to carry you through those dream travels? Grab our side hustler resources below!

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Related

Budget Packing and Budget Travel in Your 20s - Leah Gervais (2024)

FAQs

How do you write a budget for a trip? ›

But generally, the categories in your trip budget should include:
  1. Transportation. ...
  2. Lodging, including taxes and fees. ...
  3. Food and drink. ...
  4. Activities like museum tickets, tours, excursions, golf outings, etc.
  5. Souvenirs—anything you might buy on your trip that you wouldn't buy at home.

What is a reasonable travel budget? ›

2) The average domestic trip costs about $144 per day while international trips come to about $271 per day. The major expense associated with travel and vacations is transportation. About 44% of travel funds are spent on getting to, from, and around your vacation destination.

Why is it important to have a budget for travel? ›

A travel budget helps you create a realistic list of expenses, whether you're in the planning process or saving up for a potential trip. You're less likely to be caught off guard by expenses and make the most of your trip if you learn how to budget a trip ahead of time.

How can I travel more often on a budget? ›

22 Ways to Travel More—Even On a Small Budget
  1. Take shorter trips more often.
  2. Take advantage of long weekends and holidays...
  3. 3. ... And shoulder seasons...
  4. 4. ... ...
  5. Go where—and when—the deals dictate.
  6. Prioritize inexpensive destinations.
  7. Work remotely when possible.
  8. Examine your prioritizes and eliminate expenses.
Sep 19, 2023

What is a good example of a budget? ›

We recommend the popular 50/30/20 budget to maximize your money. In it, you spend roughly 50% of your after-tax dollars on necessities, including debt minimum payments. No more than 30% goes to wants, and at least 20% goes to savings and additional debt payments beyond minimums. We like the simplicity of this plan.

What is the 50/30/20 rule? ›

The rule is to split your after-tax income into three categories of spending: 50% on needs, 30% on wants, and 20% on savings. 1. This intuitive and straightforward rule can help you draw up a reasonable budget that you can stick to over time in order to meet your financial goals.

How much money do you realistically need to travel? ›

How much cash do you need on vacation? You should have roughly $50 to $100 per person every day of your trip.

How much does the average 4-day vacation cost? ›

Average Cost of a Vacation
Average Vacation Expenses per TripDomestic Trip (4 nights)International Trip (12 nights)
Food/Alcohol$155$520
Entertainment$52$293
Total$581$3,251
Cost-per-day$144$271
2 more rows

How much money should you have for Travelling? ›

Daily costs: How much money do I need?
RegionApprox. daily spending amount
Eastern Europe$20-40£10-20
Indian Sub-Continent$10-30£5-15
North America$50-70£25-35
South America$10-50£5-25
5 more rows

What are the benefits of budget travel? ›

The less money you spend, the longer you can travel for. It's that simple. Having to budget and make your money stretch usually means you can keep going! It also means you travel slower, as you spend more time in one city and use buses and trains: so you get to see more of one country as you travel through it.

How much income should you spend on travel? ›

The 5-10% Rule

Many financial experts suggest spending between 5-10% of your annual income on vacations each year. If you're striving to meet any important financial goals, like paying off debt or saving for a home down payment, keeping this closer to 5% can help you reach those goals more quickly.

How to plan a budget trip? ›

Here are our 7 best tips on how to plan a dream trip on a budget:
  1. Choose a more budget-friendly travel style. Forget hotels and tours. ...
  2. Take advantage of low-cost flights. ...
  3. Travel to non-expensive destinations. ...
  4. Plan a longer trip. ...
  5. Cook your own food. ...
  6. Become a digital nomad. ...
  7. Get a casual job.

How do I vacation on a tight budget? ›

Here's how to get away on a tight budget:
  1. Get clear on your priorities and expectations.
  2. Take advantage of the off-season.
  3. Explore alternative lodging.
  4. Opt for shorter trips.
  5. Jump on last-minute deals.
  6. Maintain your budget while you're away.

How can you travel but not spend too much money? ›

Avoid tourist-heavy locations, as they tend to be overpriced. Instead, visit local shops and attractions. This can help you save money as well as see a different side of your destination. Bring your own food.

How do you calculate a trip budget? ›

To calculate your travel budget, research flights/hotels & estimate food costs based on your habits. Factor in activities & misc. expenses like travel insurance. For budget travel, consider cheaper destinations, prioritize free activities & pack light to avoid baggage fees.

How do you write travel expenses? ›

This should include, but is not limited to:
  1. Travel cost - plane, train, car hire, this includes the petrol you put in the car.
  2. Accommodation - Hotel, Airbnb, or wherever you stayed.
  3. Food & drink.
  4. Entertainment - either for clients or if permitted in policy.

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