I’m confused that people have absolutely no idea how to travel the world right now. They may want to do it for 3 weeks, 3 months, 3 years whatever.
I constantly get questions asking me how I’ve been fortunate enough to travel the world. How I’ve been able to visit 4 continents over 18 months and work from my laptop. And for those of you who don’t know who I am, this isn’t some made up fantasy as some people would think. This is simply my life.
In order to travel the world, you need a little bit of money to start off. There’s no denying it. Without money, you cannot pay rent, buy food, or any other essentials. It’s just that simple.
That said, you don’t need $22,583 in your bank account. Heck, you don’t even need $7,000. But you do need enough to survive. Preferably enough to keep you going for at least 3 months in case it’s hard to find work. These are the 4 most significant costs when traveling the world:
Do you want to eat out every single day? Or would you prefer to cook meals at your accommodation? The cost of food will vary significantly depending on your lifestyle habits.
Would you prefer to go to theme parks and go skydiving? Or would you be happy chilling at a museum and exploring the low-cost sights of the location you’re in? Traveling does not have to be expensive if you don’t want it to be.
The cost of where you stay is also likely to vary depending on your personal preferences. If you don’t care about privacy, Hostels in some parts of the world can be as low as $3 a night. But if you’d prefer a bit more of a comforting experience, AirBnB or a hotel is the most likely option.
Transport (Flights & Uber)
This one is your choice entirely. If you’re happy with long layovers and lengthy journey times, having multiple connections on a flight will often be significantly cheaper than going direct to a location. Likewise, you can walk around a city. Or alternatively, you could get an Uber to each destination.
Depending on where you go, the amount of money you will need to spend on those items will vary significantly. For example, it will cost a lot more in Toronto for rent than it would in the likes of Bali. You simply have to do the research and ensure that your financial situation is reasonable. After all, you don’t wanna end up with $4 in your bank account whilst in a foreign country.
You can travel the world for as long as you’d like. You can visit new places, new countries, new continents. You just have to figure out the math of what your expenses will be, plan it out, and bring in the required income to make it happen.