Planning your travel should include budgeting. Solo travellers can benefit from this same principle. This guide will help you budget for solo travel in 2021.
You are reading this article because you want to do one of these two things.
- Solo trips can be cheaper
- Become a more organised solo traveller
First, congratulations on clicking the link ‘Budgeting Solo Travel’.
This article will help you, regardless of whether you fall into the first or second category.
Continue reading to learn more about these things.
Let me make a quick note: If you aren’t convinced yet about solo travel, I will convince you.
How to choose your destination
Jump to the next section: Planning your solo trip
Your travel destination will have a significant impact on your budget.
This is something you should keep in mind as you choose where to go.
The following regions and prices should be considered:
- South East Asia – Very Cheap
- Central America – cheap
- Cheap Central and South Asia
- Eastern Europe – cheap
- South America – mid-range
- Northern Africa – Mid-range
- East Asia – Mid-range
- Southern Africa – Mid-range to Expensive
- Middle East – Expensive
- North America – expensive
- Western Europe is expensive
- Oceania – expensive
These stats were provided by Kristin, Be My Travel Muse.
So, unless your from Australia or New Zealand (sorry! You should find affordable places in the vicinity.
Americans can travel to Central American countries such as Guatemala, Honduras, or El Salvador. Europeans can visit Eastern European countries such as Croatia and Slovenia. Asians can go to South East Asia backpacker paradises in countries like Thailand and Vietnam.
I have also created a list with solo travel destinations that you can visit in 2020. This list also includes some affordable countries.
Are you planning to travel to Europe? You might also want to check out the top solo travel destinations in Europe.
You don’t need to choose a destination for your solo trip. Skyscanner’s “Everywhere” function and Adioso are great options. To get great deals, sign up to receive price alert emails
Planning is the first step to budgeting for solo travel.
Jump to the next section: Budgeting for Solo Travel
Now it’s time for you to plan your solo trip.
You’ll be doing most of the planning when you travel solo, as opposed to joining a group tour.
Before you set foot on your destination, there are many factors that can have a significant impact on your budget.
As with any type of travel, solo travel has the highest costs.
- Food and beverages
It might be a good idea to remind you that I have written articles on three of these categories. Just click the links above to see them. I also wrote a free ebook about how to travel alone on a budget.
Nevertheless, you don’t have to wait for your trip before you start saving money.
If you look a little ahead, you can find a decent hostel with affordable dorms.
According to Airhelp, you can use flight aggregator websites in order to find low-cost flights if booked at the right time (3-4 months ahead for international travel).
You could also do some research on budget restaurants in the area near your accommodation. You could also book a hostel with a kitchen and search for nearby farmers’ markets or grocery stores to purchase your groceries.
There are many city passes that can be purchased in major cities. These pass holders pay a flat fee and have free access to many attractions, as well as discounts at shops and restaurants. This is an option that you should consider if you plan well.
Example: The Edinburgh City Pass is a great option when visiting Edinburgh.
Budgeting for Solo Travel
Jump to the next section: Saving Money as a Solo Traveller
This is where you will need to budget for your solo travel.
Tracking your expenses for a few days is a great way to begin budgeting solo. You can use a budgeting app such as Spendee to track where your money is going each day and then go from there. Here’s a list with my top free solo travel apps for 2020. You should be able track your expenses when you travel solo. However, it is possible to do so at home.
This will give you an idea of the categories where you spend most money. It is possible to spot unhealthy spending habits by looking at your past expenses.
Next, you can use online tools such as forums and blogs (hello! To get an idea of the budget you should set aside for accommodation, transportation, and food at your destination, use forums and blogs.
You can search for things such as ‘Destination X trip budget breakdown’, Destination X itinerary’, and ‘How much to travel to Destination X’. However, you can also type Destination X instead.
Budgetyourtrip.com is a useful website that will help you find the average price and budget for solo travel. Enter the destination that you are interested in to get an overview of average prices for accommodation, food and transport.
You see, budgeting for solo travel isn’t as difficult as you might think.
Solo travellers can save money
Quick reminder: I wrote an entire ebook on saving money for solo travelers. (It’s free!)
Let me tell you what I mean if you don’t feel like reading the whole book.
Budgeting your solo trip can help you save money when you are in the planning phase. Apart from the obvious tips like “stay in hostel rooms” and “don’t go out for every meal”, there are other ways you can save money while traveling solo.
- Shoulder season is when you can travel (i.e. To get better rates on accommodation and flights, travel during shoulder season (i.e.
- Be flexible on your destination.
- You might consider booking one-way tickets instead of round-fare.
- Skiplagged offers a way to take advantage of pricing inefficiencies, including hidden-city flights or error fares.
- Pay attention to the economy. To make your money go further, find destinations that offer favorable exchange rates and low living costs.
- To reduce your costs, you can join forces with solo travelers. To make new friends, use solo travel apps such as Travello or Backpackr
- You should check to see if the hostel offers any cheap or free activities.
- To avoid additional baggage fees, you can only travel with your carry-on.
Conclusion: Budgeting for solo travel can be a…
It’s easier than you think!
Solo travel budgeting can be done with a little preparation.
It will be worth it to invest a little time in planning.
Give yourself a pat on your back. You deserve it.