Budgeting on your trip is as important as any part of any holiday.
Usually those who are backpacking around the world do not have an enormous budget to pick into.
On most occasions their initial funds will not even see them out for their entire holiday, and a lot of tourists find themselves working for a bit of extra coin during their adventures.
This is why budgeting is important. If you keep a close eye on your cash flow, and follow a structure, then you will ensure you don’t find yourself calling up your parents for more cash.
There is a bunch of ways to monitor your flow of cash, but the best way is to set up a travel log of expenses and cash in hand.
At then end of each day, spent five minutes filling out what you spent your money on, how much you have left and stay within a budget.
If you spend too much for one day, you know how much you need to save for the next day to stay on track.
As well, it is good to keep you up to date on your funds just in case some goes missing, stolen or there are bank errors.
Now I know that when you are holiday you are there for a good time, not to follow a set plan and rules.
But it shouldn’t be seen this way; it should be seen as a cautious and simple approach to protecting yourself.