How Much Does it Cost to Travel the World?: Practical Advice to Anticipate the Budget for Your Dream Trip and Save for World Travel

Shannon O'Donnell

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Wondering how much it costs to take a round the world trip? Once you know, how will you save the money for travel? All those answers are covered here. Broken into two clear sections, this guide provides comprehensive tips and advice to guide travelers through the process of both saving and budgeting for a long-term trip.

Estimating the costs of world travel is tricky. Many travelers are stumped by the actual costs of their dream trip around the world. Using case studies and real-world estimates, you'll examine several other trip budgets from long-term travelers, and then learn how to break down the budget for your own trip. The guide provides specific daily budget averages for countries and regions, and you will build a round the world trip budget that includes all the countries, activities, and expenses unique to your situation.

By the end of the budgeting section, you will have a single figure that represents the cost of your round the world trip. Then it comes to the part that is often harder — saving the funds for travel. This section outlines a practical process to evaluate your financial situation and make a detailed, comprehensive savings plan. You will learn methods to eliminate debt, then tenets of strong personal finance, and which savings methods will work best for your goal. Using detailed worksheets and a streamlined assessment process, by the end of the savings section you will have a clear savings plan exactly right for your financial situation.

This guide includes comprehensive worksheets to lead you through each process, along with thorough, actionable advice.

By the end of the book, you will:

- Develop a clear understanding of your current debt and savings situation.
- Have a functional and practical budget designed to allow you to save for your dream trip.
- Learn how to increase the amount of money you're saving for travel each month.
- Plan a route around the world that best optimizes your travel goals with a realistic budget tailored to your goals and savings abilities.
- Understand how your travel style impacts your budget, as well as ideas on what that travel style will buy you in locations around the world.
- Have an exact estimate for the cost of your dream trip.

To successfully save for travel, you need just two things.

1) A clearly understood financial goal.
2) An action plan that utilizes practical, personalized steps to reach your goal.

From there, it becomes about consistently prioritizing your dream of travel. I have traveled the world for eight years now, and it's not from a trust fund. With this guide, you will learn all my ideas for successfully saving and planning long-term travel. No matter where you are in the process of planning a long-term trip, this guide will offer practical, actionable advice you can implement immediately.