The Budget
September 9th, 2007A question I hear from nearly everybody is, how the heck did you save up enough money to travel for ten months? My salary was decent but little more than that. I have no secret stash of money to cushion my fall. The truth is, I have neither Croesusian wealth nor a particularly Spartan travel style. The only way I can travel for this long is by budgeting carefully, and enduring the incredible stress that goes along with it.
Yes, that’s right, to travel the world you must deal with relentless budgetary stress. There is a constant tension between the desire to see sights, experience things, make the most of your trip, and the conflicting obligation to maximize value, cut corners, make spot decisions with salesmen breathing down your neck, and avoid indulging yourself needlessly. Budget travel is a matter of turning down familiar comforts whenever they appear without compromising your spirits. Every opening of the money purse is preceded by hesitation, and followed either by relief or shame. And your lapses in discipline add up quickly.
For example, right now I am sipping a coffee while sitting in the hostel courtyard. The coffee ıs sucky Nescafe, but cost about one dollar CAD. But as the words I’ll have a coffee left my lips, I began to doubt whether it was the coffee I wanted, or just the familiar comfort of coffee, of sittıng beneath an awning on a breezy day with a coffee which I otherwise had no desire for. I upbraided myself a little. The expense was nearly nothing, but what sort of habits would this fiduciary laxity beget? And furthermore, if I’m to stay on budget, I’ll have to make up for this purchase by saving an equivalent amount somewhere else, won’t I? Oh lord, what am I to do? My bank account will be bone-dry in months at this rate! And so on. This is how the cheapskate mind churns, and for the next nine months, I am wholly of his ilk, the skinflint, the killjoy, subsisting on bread and water and wagging a dirty finger at money-wasters.
I keep a detailed log of every cent that leaves my pocket. This is pretty much required for long-term travel unless you’ve got enough padding in your bank account not to worry about it. Doing this lets you see not only how much you’re spending, but whether you could cut down on some recurring thıngs. There are a lot of ‘Beer’ entries. I haven’t decided what to do about those. More worrisome are the food costs, easily the most frustrating aspect of budget travel. You simply must eat three meals (or really two and a half) a day, and sometimes you’ve got little choice but to absorb the sting of that $12 tourist-trap dinner. Conversely it’s quite rare to find food that is all three of: cheap, good, and convenient, as most of those get spotted by Lonely Planet and up up up goes the price. These are the stresses of the day, of scrounging for food and beds and cheap attractions so that you don’t just spend your time walking around the park all day. Quite a bit different from the stresses of meetings and project schedules, eh?

September 11th, 2007 at 12:18 am
Nick! You need to splurge a little! Those wickedly expensive dinners and silly-costly museum exhibits are the ones you’re going to remember. Enjoy.
September 11th, 2007 at 3:29 pm
But of course H… but of course. That’s the catch. There are just so many things to splurge on when you’re traveling, so so many, an infinite number. And so many things you can give up, conversely. And sometimes you remember the grocery store nuts-’n-fruit meals as much as the six-course ones. Anyway, I’m still tending towards the cheapskate side, and not doing such a great job of it. Oh well.
September 11th, 2007 at 4:43 pm
Maudit gratteux! Tu iras acheter ta bière au dépanneur avant de sortir. ;o)
October 12th, 2007 at 6:50 am
I like your site, well done! I
December 11th, 2007 at 2:23 pm
This brings back many memories. I basically went through the same thing when I studied abroad for nine months then went back to live there again for another nine. My padding turned out to be borrowing against my credit card, but that proved make life a bit difficult when I returned to start working.
Sadly my sustinance at the time (while travelling) was candy bars and coke. Quick and it allowed me more time to see more things. Even if I couldn’t afford to go into many places. Luckily I liked seeing the streets of the city along with the churches.
Best of luck on the remainder of your travels. I’m quite envious. I hope to catch up on reading these entries soon.
December 15th, 2007 at 6:15 am
I hear ya, Frank… fortunately the most expensive leg of my trip is over, and it’s a lot easier to save money in India and SE Asia. It makes me feel rather pathetic to bargain ruthlessly over what amounts to 20 cents or so, but when in Rome, etc.