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I spent $34,563.38 to travel for 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.

I she was meticulous about one thing from start to finish: I tracked every penny I spent, from a $600 flight to a 50-cent trip to the bathroom.

I spend an average of about $1,920 per month, which is about my typical monthly living budget frugally in LA and before that, in NYC. To meet and save for my trip, I stayed in uncool parts of the city and lived with roommates in small spaces for five years. I ate out a couple of times a week and only made coffee at home unless I was working from a coffee shop.

Here’s everything I went through during my 18 months in South America and Asia, broken down by category.

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

This category includes the survival essentials I put together before the trip, such as a suitcase, packing cubes, cargo pants, hiking shoes, and water shoes.

In retrospect, I should have focused on packing items that can’t easily be found elsewhere, like my favorite brand of mosquito repellent, instead of items I could easily buy abroad. I regretted, for example, being weighed down by the dead weight of too much stuff that I had to lug onto cars and planes all over the world.

Siem Reap, Cambodia

Helen Zhao

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

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

Stays that I consider a great value at that price point included Chandi Hotel in Bali, Indonesia; Hoianian Central Villa in Hoi An, Vietnam; and S2 Residence in Krabi, Thailand.

It was also outside. For example, I only pay $9 per night for a similar quality hotel one block from the beachin Da Nang, Vietnam.

Hotels of similar quality cost closer to $50 to $100 per night in the main centers of Brazil, China, Korea, Japan and Singapore. Fortunately, my mother or husband joined me in all these places except Brazil, and we split the bill.

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

Do you want: $4,885.14

Ground transportation: $3,189.53

I took 40 flights during my trip, in economy class with checked baggage. There were many opportunities to take a night bus for a quarter to half the price. But he hated the idea of ​​sleeping on a bus, using the bus toilets, or driving narrow winding roads in the dark.

Flights within the countries usually cost between $50 to $100, and twice that to fly to very large countries such as China or Brazil. Flights between neighboring countries cost me $100 to $200. Flights between non-neighboring countries cost me $100 to $300. The farthest distance I traveled was from Osaka, Japan to Kuala Lumpur, Malaysia, and refunded me $140.28.

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

When I wasn’t flying, I was taking buses, vans or bullet trains. Three- to seven-hour bus and van trips cost me $10 to $20. The bullet train across about 860 kilometers from Xian to Shanghai in China cost me $94. An unlimited two-hour bullet train pass weeks in Japan cost me $224.

I use a lot of rideshare services, which often cost only $1 or $2 for a two- or three-mile motorcycle ride.

With his mother in the Vietnamese countryside.

Courtesy of Helen Zhao

Food and beverages: $7,078.36, or about 20.5% of the budget

Coffee: $411.05

Alcohol: $557.95

Everything else: $6,109.36

Apart from a couple of salads I made in Japan, I never prepared my own food. Half the time, breakfast was included in my hotel. Otherwise, I usually eat at charming or trendy mid-range restaurants, as well as vibrant night markets.

My favorite places to go included Temple Cafe in Phnom Penh, Cambodia, and Thousand of Nook in Bali. I usually pay $7 to $10 for an entrée and a non-alcoholic drink. Meals at no-frills places or night markets where many locals eat typically cost me $2.50 to $6. The night market costs about $1 per serving.

I tried fine dining a couple of times, paying only $12 for lunch and $22 for dinner for delicious multiple meals in Bolivia.

I often order fancy lattes at fancy coffee shops for about $2. I was surprised to learn that my iced latte habit only added up to $411 in 18 months.

I drink alcohol about once a week, paying about $5 in mid-range restaurants and bars, and $10 to $12 in more high-end places.

Sightseeing: $2,567.24, or about 7.5% of the budget

Patagonia

Courtesy of Helen Zhao

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

I spent $1,263.72 for traveller’s health insurancewhich covers up to $100,000 in expenses in case of accident or illness. That insurance came in handy when I had a case of food poisoning and a very bad case of Covid.

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

After losing my retainers in Vietnam, I had them redone in Korea for about $150.

Discretionary shopping: $1,927.01, or about 5.5% of the budget

Dress up: $1,048.24

Souvenirs: $216.86

Gifts: $661.91

Most buy in hole-in-the-wall shops or vendors set up on the street, where there are no price tags and it’s all about negotiation. To avoid overpaying, I cooled down to buy right away and ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

I asked about the prices with several sellers. That process helped me calculate the lowest acceptable price, or the last price I was offered before the sellers let me go.

That’s how I knew I got a good deal on custom made Vietnamese silk dresses in Hoi An. After reporting, I ended up paying $34 per dress and left Vietnam with 14.

Sometimes I buy things locally when I feel that the price seems very reasonable. I don’t care if the seller made a few extra dollars because I still felt like it was a lot and the money would mean more to them than to me.

Rio de Janeiro, Brazil

Helen Zhao

Visa: $847.54, or about 2.5% of the budget

For the most part, as an American citizen, I do not need a visa or pay for a visa on arrival. Those typically cost around $30 to $40.

There were outliers, though. The visa for China cost me $205 in application and printing fees and the visa for Bolivia cost $160. I was surprised to learn about that requirement two hours before I arrived at the border from Peru and scrambled to collect the necessary documents before arrival.

Personal care: $745.57, or about 2% of the budget

I occasionally indulge in luxuries that I almost never spend money on in the US, where I often feel that I can’t justify the cost. I got gel manicures for about $15 and massages for $5 to $10. I took yoga and meditation classes at nice facilities in Bali, which cost $10 each. Haircuts cost about $8. I also regularly stock up on toiletries, sunscreen, and mosquito repellent.

Tokyo

Courtesy of Helen Zhao

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

This includes fun escapist activities that don’t count as sightseeing or cultural experiences. That includes entrance fees to the few nightclubs I visited, arcade games, a Spotify music subscription and hookah with friends.

I’m surprised at how little I actually spent on the getaway. You can party very cheaply with other tourists in Southeast Asia and South America, especially when staying in hostels. In my early to mid 20s, I would have jumped at the chance, but in my early 30s, I didn’t feel drawn to it.

The #1 thing I got for my $35,000: “It reminded me how rich I am”

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

I was getting very tired of living in expensive American coastal cities, feeling like I could never afford a house or children and constantly comparing myself to people who have more than me. I felt poor, like I never had enough and I never did enough.

Follow my shopping it showed me that I have enormous purchasing power in most parts of the world. I am not a helpless victim of inflation and the rising cost of living in the U.S. In truth, I am extremely privileged and fortunate.

The experience helped me move from a mindset of scarcity and helplessness to one of abundance and gratitude. It reminded me how rich I am and how much I have to be thankful for. It helped me realize that I have – and am – more than enough.

Helen Zhao is a former video producer and writer at CNBC. Before joining CNBC as a news associate, he covered residential real estate for the LA Business Journal. She is a California native and a proud USC Troy and UCLA Bruin.

Want to make extra money outside of your day job? Sign up for CNBC’s online course How To Earn Passive Income Online to learn about common passive income streams, tips for getting started and real-life success stories.

We bought an oceanfront home for $212K in Laguna Beach, CA





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