For better or for worse, there is no one size fits all for travel budgets. If two different friends came to me and asked for helping on planning a trip to Prague, these budgets wouldn’t look the same, even if they had the same amount of money to spend.
That’s because we all have different interests and priorities. Money is stressful; I get it. It stresses me out too, but travel is so worth the investment in yourself. People ask me all the time: How are you able to travel so much? And although it’s a complicated question, some of what it comes down to is having generous parents with airplane points. But it also translates to how I travel and how I spend my money while traveling.
When I took a 3-week Europe trip with friends, the cost of the trip was virtually the same for everyone, but each person spent their money very differently. Some people on the trip spent hundreds of dollars going out to bars every night. Some people balled out on fancy meals. Others bought lots of souvenirs. I bought gelato at least once every day in Rome.
I like eating, but personally, that’s not where I want to spend most of my money. I’d rather spend it on experiences like museums or activities. Or when it comes to food, my money is going to dessert and coffee. At the end of the day, it’s up to you and your travel mates, but let’s map it out so you have a plan.