Travel Reference
In-Depth Information
Accommodation (if travelling independently)
Transport (if travelling independently).
Food
Entertainment
Shopping - gifts and souvenirs
Emergency fund
Avoiding money disasters
The above list covers the absolute basics, but if you're not careful there are plenty of extra
costs that could eat into your budget - ones you wouldn't necessarily think of at first. Here
are some tips from our friends at Gapwork.com :
1.
Don't forget emergencies - It's a sad fact, but every traveller we've met has had
some form of 'emergency' whilst travelling. These range from being scammed or
needing to get home quickly for whatever reason. Ensure your budget has leeway
should anything go wrong.
2.
Bank accounts - Before you leave it's always a good idea to check out accounts
that are beneficial for a traveller. For example, you could spend £10 a month for
a current account which gives free withdrawals across the globe, and the usual
commission fee for changing the currency is waived. Saving loads of money
on withdrawals, and means that you can just withdraw what you need rather
than walking around with stacks of cash. You can also apply for a card (not
linked to your account) to top up with cash which has similar benefits. Check out
www.moneysavingexpert.com/travel/cheap-travel-money for more info.
3.
And if you need cash whilst you're away? It does happen. Despite the best laid
plans, people can run out of money. Don't panic and instantly think you need to go
home! A lot of travellers we know have worked in hostels both for money and to
improve their language skills, others have worked in bars, some have taught lan-
guages (NB you don't always need a qualification, such as TEFL, Teaching Eng-
lish as a Foreign Language for this), and others write! There's also a site called
'Work Away' ( www.workaway.info ) which offers jobs, usually in exchange for
accommodation, food and the opportunity to really experience another culture. If
you need some more inspiration for what you could do whilst away then this is
a good article by one of our favourite travel bloggers: www.global-goose.com/
travel-tips/make-money-while-you-travel/ .
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