I spent $34,563.38 on travel over 18 months: my budget breakdown


In 2022 I quit my job to fulfill my long-time dream of traveling the world full time for a year and a half. My trip through 12 countries in Asia and six in South America cost exactly $34,563.38.

AND he remained scrupulous about one thing from start to finish: I tracked every penny I spent, from a $600 flight to a 50-cent bathroom trip.

I averaged about $1,920 a month, which is about my typical monthly living budget modestly in Los Angeles and previously in New York. To make ends meet and save for travel, I rented an apartment in bad parts of town and lived with roommates in small spaces for five years. I ate out several times a week and only made coffee at home unless I worked at a coffee shop.

Here's everything I spent during my 18 months in South America and Asia, broken down by category.

Pre-trip supplies: $531, or about 1.5% of the budget

This category includes survival essentials that I stocked up on before the trip, such as a suitcase, packing cubes, cargo pants, hiking boots, and water shoes.

In hindsight, I should have focused on packing items that couldn't be easily found elsewhere, like my favorite brand of mosquito repellent, rather than things I could easily purchase abroad. For example, I regretted that I was burdened with the weight of too many clothes that I had to carry in cars and planes around the world.

Siem Reap, Cambodia

Helena Zhao

Accommodation: $10,635.06, or approximately 31% of the budget

I could only spend $5-15 on a hostel bed, but I wanted the comfort of my own space at the end of a long day of exploring. On average, I spent $20 to $25 a night for my own room in a comfortable mid-range hotel, usually with breakfast included.

Stays that I thought were great value in this price range are included Chandi Hotel in Bali, Indonesia; Central Hoianian Villa in Hoi An, Vietnam; AND Residence S2 in Krabi, Thailand.

There were also outliers. For example, I only paid $9 a night hotel of similar quality a block from the beachin Da Nang, Vietnam.

Hotels of similar quality cost between $50 and $100 per night in major resorts in Brazil, China, Korea, Japan and Singapore. Fortunately, my mother or husband joined me in all of these places except Brazil, and we split the bills.

Transportation: $8,074.67, or approximately 23% of the budget

Flights: $4,885.14

Ground transportation: $3,189.53

During my trip, I took 40 economy flights with checked baggage. There were plenty of options to take the night bus for a quarter to half the price. But I didn't like the idea of ​​sleeping on the bus, using bus toilets, or driving on narrow, winding roads in the dark.

Flights within countries typically cost between $50 and $100, and for flights to very large countries like China or Brazil, the cost is twice as high. Flights between neighboring countries cost me between $100 and $200. Flights between non-adjacent countries cost me between $100 and $300. The furthest I traveled was from Osaka, Japan to Kuala Lumpur, Malaysia, and that saved me $140.28.

I also used about 200,000 miles on my credit card to cover some flights.

When I wasn't flying, I was using buses, vans, or bullet trains. A three to seven hour bus and van trip costs me between $10 and $20. The approximately 1,360 mile bullet train from Xian to Shanghai, China cost me $94. A two-week unlimited train ticket in Japan cost me $224.

I have used many ride-sharing services that often cost as little as $1 or $2 for a two- or three-mile motorcycle ride.

With my mother in the Vietnamese countryside.

Courtesy of Helen Zhao

Food and Beverage: $7,078.36, or approximately 20.5% of the budget

Coffee: $411.05

Alcohol: $557.95

Everything else: $6,109.36

Apart from the few salads I made in Japan, I had never prepared my own food. Half the time breakfast was included in my hotel. Otherwise, I usually ate at cute or trendy mid-range restaurants, as well as lively night markets.

Included are my favorite places to go Temple Coffee in Phnom Penh, Cambodia and A mile from Nook in Bali. I usually paid between $7 and $10 for an entree and a soft drink. Meals at casual places or at night markets where many locals eat usually cost me between $2.50 and $6. Night market delicacies cost around $1 per serving.

I tried delicious cuisine several times, paying as little as $12 for lunch and $22 for dinner for gourmet, multi-course meals in Bolivia.

I often ordered fancy lattes at trendy coffee shops for about $2. I was surprised to learn that my iced latte habit only earned me $411 in 18 months.

I drank alcohol about once a week, paying around $5 at mid-range restaurants and bars and $10-$12 at the most upscale establishments.

Tour: $2,567.24, or approximately 7.5% of the budget

Patagonia

Courtesy of Helen Zhao

Health care: $1,988.54, or about 6% of the budget

I spent $1,263.72 traveler's health insurancewhich will cover up to $100,000 in expenses in the event of an accident or illness. This insurance came in handy when I had one case of food poisoning and one very severe case of Covid.

I paid $563 for travel vaccines, including yellow fever, typhoid, hepatitis A and Japanese encephalitis. According to my research, the latter would cost between $400 and $500 in the US, but in Bangkok I only paid $58.

After I lost my retainers in Vietnam, I had them remade in Korea for about $150.

Discretionary purchases: $1,927.01, or approximately 5.5% of budget

Clothes: $1,048.24

Souvenirs: $216.86

Presents: $661.91

I mostly shopped in hole-in-the-wall boutiques or from street vendors where there are no price tags and it's all about haggling. To avoid overpaying, I immediately refrained from making a purchase, remembering that the competition was often on my side.

I asked about prices from many suppliers. This process helped me determine my lowest acceptable bid, which was the last price I was offered before the sellers let me go.

That's how I knew I was getting a good deal on custom made Vietnamese silk dresses in Hoi An. After asking around, I paid $34 for the dress and left Vietnam with $14.

Sometimes I bought things locally when I thought the price was very reasonable. I didn't mind if the salesman made a few extra dollars because I still thought it was a great deal and the money would mean more to him than to me.

Rio de Janeiro, Brazil

Helena Zhao

Visas: $847.54, or approximately 2.5% of the budget

For the most part, as an American citizen, I did not need or pay for a visa upon arrival. They usually cost between $30 and $40.

However, there were outliers. The China visa cost me $205 for application and printing fees, and the Bolivia visa cost $160. I was surprised to learn about this requirement two hours before reaching the border with Peru and began collecting the necessary documents before arrival.

Personal Care: $745.57, or approximately 2% of the budget

I have occasionally indulged in luxuries that I almost never spend money on in the US, where I often feel like I can't justify the cost. I get gel manicures for about $15 and massages for $5 to $10. I have taken yoga and meditation classes at beautiful facilities in Bali that cost $10 each. A haircut costs about $8. I also regularly stocked up on cosmetics, sunscreen and mosquito repellents.

Tokyo

Courtesy of Helen Zhao

Entertainment: $168.40, or about 0.5% of the budget

This includes escapist entertainment that does not count as sightseeing or cultural experiences. This included entry fees to several nightclubs I visited, arcade games, a Spotify music subscription, and hookah with friends.

I'm surprised how little I spent on escapism. You can party very cheaply with other tourists from Southeast Asia and South America, especially when staying in hostels. In my early 20s I would have jumped at the opportunity, but in my early 30s it didn't appeal to me.

#1 Thing I Got for $35,000: “It Reminds Me How Rich I Am”

Abroad, I lived extremely comfortably on about $1,920 a month – more than the average tourist I met. I never cooked for myself, regularly ordered fancy iced lattes, and in one week I splurged on 14 custom-made silk dresses.

I became very bored with living in expensive American coastal cities, feeling like I would never be able to make it afford a house or children and I constantly compare myself to people who have more than me. I felt poor, like I never had enough and never did enough.

Tracking my expenses it showed me that I have enormous purchasing power in most of the world. I am not a helpless victim of inflation and the rising cost of living in the US. I am actually extremely privileged and fortunate.

This experience helped me move from a mentality of scarcity and helplessness to abundance and gratitude. It reminded me how rich I am and what I have to be grateful for. It helped me realize that I have – and am – more than enough.

Helena Zhao is a former video producer and writer at CNBC. Before joining CNBC as a reporter, she covered residential real estate for the LA Business Journal. She hails from California and is a proud USC Trojan and UCLA Bruin.

Do you want to earn extra money outside of your day job? Sign up for CNBC's online course How to Earn Passive Income Online to learn about popular passive income sources, starting tips and real-life success stories.

We bought a house by the ocean for PLN 212,000. dollars in Laguna Beach, California





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