Join Early Retirement Today
View Poll Results: What is your annual travel budget?
Less than $5,000 31 34.44%
$5,000 to $10,000 41 45.56%
$10,000 to $20,000 14 15.56%
Greater than $20,000 4 4.44%
Voters: 90. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
Re: Travel Budget
Old 10-03-2005, 11:18 PM   #61
Recycles dryer sheets
 
Join Date: Jun 2005
Posts: 201
Re: Travel Budget

Quote:
Originally Posted by . . . Yrs to Go
Some posters in the thread where working a $50/day budget (which I'll never be able to do).* I figure I could probably do some good long trips on $20K, though.
Back in the late 80's and early 90's I travelled extensively as a budget traveller. Loaded up the backpack and off I went for months at a time. Probably "averaged" about $15 -20 a day back then, with at least $10 of that the beer budget. But it was the experience at that time in my life that I loved, the freedom and the sense of adventure: staying in little hostels, the YMCA and even the odd night in railway station waiting room!! The best accommodation I have had was in Monaco were I stayed on 150 foot yacht for 2 weeks (of course we had to wash the bloody thing twice a day!!!) I also stayed in Munich for a week for free, living in the University Halls of Residence (the work was pleasant this time as the medical student frauline was very pretty* *:* :* * * )

They were the best of times.

As for travelling on a $50 a day budget as some people talk about here, I wouldn't even consider trying. With the relative strength/weakness in the Euro/US$ exchange, Europe is very expensive for $ denominated travellers.

Cheers, H
__________________

__________________
Honkie is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Travel Budget
Old 10-04-2005, 01:19 AM   #62
Thinks s/he gets paid by the post
 
Join Date: Feb 2003
Location: Mesa
Posts: 3,588
Re: Travel Budget

Today (mostly retired) we spend a little over $20K per year on travel. We are away from home about 15 to 20 weeks per year. When we were both working . . . making lots of money, we sometimes spent as much as $40K on a single 3 to 4 week trip. Back then, time was more important than money, so we saw and did as much as we could in our minimal time by spending money.

Today we see and experience a lot more for a lot less.
__________________

__________________
sgeeeee is offline   Reply With Quote
Re: Travel Budget
Old 10-04-2005, 05:11 AM   #63
Full time employment: Posting here.
 
Join Date: Mar 2004
Location: No Where for Very Long
Posts: 747
Re: Travel Budget

I didn't vote on the travel budget since I'm a PT as well.

I retired on Nov 1, 2002 and my long term daily cost is about $37.50. That includes taxes; all travel/airline costs; medical; laptop, etc. My original budget (based in Thailand) was $1,000 per month, but I think $1,100 is more realistic, with ongoing clothing, computer, misc. replacement costs. I have a friend here who swears that anything less than US $3,600 per month is living in cruel poverty.

To each his own.

Nords is correct, food in Thailand is REALLY cheap. I love to eat at little side walk restaurants, practise my Thai and enjoy a B25 plate of delicious Thai food. (B25 = US $0.63) At Pattaya beach, I found a Thai/German restaurant with fantastic Weiner Schnitzel, fried potatos and salad for B125, about US $3.13. My room in the guest house was B400; US$10 per night, for a clean room with air, private bath and UBC cable tv.

But I am learning that travel -just like ER- is subjective- and what works for me is abhorent to another person. It just comes down to preference: if you want to go the economy route it is sooooooooo easy to do. But "economy" to one guy is downright uncomfortable to the next. Different strokes...

Funny thing is, for me, Thailand is like a job in that my living expenses are so low that my net worth has increased about 25% since retiring. I also love to bargain and paying less is an enjoyable game for me.

I wonder what the Philippines could do for my net worth 8)

Lance


__________________

Lancelot is offline   Reply With Quote
Re: Travel Budget
Old 10-04-2005, 06:10 AM   #64
Recycles dryer sheets
 
Join Date: Jun 2005
Posts: 201
Re: Travel Budget

Quote:
Originally Posted by Lancelot
I wonder what the Philippines could do for my net worth* *8)

Lance
If snared by the "wrong" local girl, it could halve !!!!!
__________________
Honkie is offline   Reply With Quote
Re: Travel Budget
Old 10-04-2005, 08:12 AM   #65
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Travel Budget

Hey Sir Lance,

Sounds like my type of simple lifestyle. How many months a year do you spend in Thailand? Do you do any extensive travelling outside of SE Asia?

Can't wait to get to BKK in 3 weeks, hope to get together with you and/or Ben.

MJ
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Travel Budget
Old 10-04-2005, 01:41 PM   #66
Recycles dryer sheets
 
Join Date: May 2005
Posts: 115
Re: Travel Budget

Quote:
Originally Posted by sailor
Most airlines give you money vouchers ("Delta Dollars").
The amount depends on much overbooked the flight is and how important (First Class/Business Class/Elite status) people are booked for the flight but don't have seats.
I've been given several $400 and few $250. They are good for a year from the date of issue.
If you are into frequent flying* "flyer talk" forums are excellent resource ( http://www.flyertalk.com/ )
On a domestic route, all the major airlines give you a free domestic ticket on a bump as far as I'm aware; this may even be the law. However the tickets used to be supremely easy to use and now they're a bit harder to use but still very flexible. My UA ticket I'm about to use offers free date changes for example--where else can you get that?

Ironically when you're flying international (including Canada), the airlines can offer whatever they want--whatever it'll take to get the right # of people off the plane--$250 and $400 are the most common vouchers.

As for optimizing the number of times you get bumped--well I'm not sure I want to share all my secrets!
__________________
Professional slacker, traveler and builder of a few websites: <br />Mexico: PuertoVallartaSatellite.com<br />Costa Rica: PuertoViejoSatellite.com<br />My personal blog: dougdo.com
dougdo is offline   Reply With Quote
Re: Travel Budget
Old 10-04-2005, 01:57 PM   #67
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Travel Budget

I'm off to Thailand soon. Since I'm travelling alone, I wouldn't mind getting bumped off for a free ticket to Thailand. Of course, that is assuming that I can get on a flight within 24 to 48 hours. If there was enough time, I would just go home and return the following day. What happens to your checked in luggage. Can it be left for your next flight out?
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Travel Budget
Old 10-04-2005, 04:13 PM   #68
Full time employment: Posting here.
 
Join Date: Sep 2004
Posts: 607
Re: Travel Budget

Quote:
Originally Posted by Honkie
YtG / HaHa

Yes both the wife and I work. This year we have been away for a total of 4 weeks, 2 in UK, 1 in Florence and 1 in Sydney, plus 3 weekends of 2 or 3 days, so you could say that the 15k so far has lasted about 35 days. However, the flights have been a large proportion of the cost and we often travel with a third adult plus our child. When we travel with the third adult, we need two rooms rather than just one.

H
We are in the same boat. My wife and I both work but she gets a LOT of time off (teacher). I'm pretty lucky that I'm able to take more than the typical American, but not nearly as much as her. Since last Nov, we have been to Ireland (10 days), Mexico (9 days), India (3.5 weeks), and Alaska (2 weeks). It really helps to take advantage of Thanksgiving/Christmas to minimize the time off required. The flights are definitely the most expensive, but it's amazing what you find if you search off the beaten path. Ireland was only $400 (with tax). India was only $1100 and that's going with Singapore Airlines. We just bought tickets to Thailand for this Thanksgiving and it was only $700 with tax. A lot of times though, we can't get frequent flyer miles with these tickets, but the tickets are so cheap... DW went to Costa Rica with her friend and they only paid $390 for tickets in August through America West.

We haven't had kids yet, but we hope to travel with them when we do. We are even saving some of the more kid friendly places (such as Japan) for when we have kids.
__________________
WanderALot is offline   Reply With Quote
Re: Travel Budget
Old 10-05-2005, 04:23 AM   #69
Full time employment: Posting here.
 
Join Date: Mar 2004
Location: No Where for Very Long
Posts: 747
Re: Travel Budget

Hey MJ,

Sure, give me a shout when you arrive in BKK.

Lance
__________________

Lancelot is offline   Reply With Quote
Re: Travel Budget
Old 10-05-2005, 02:21 PM   #70
Thinks s/he gets paid by the post
Sheryl's Avatar
 
Join Date: Apr 2004
Posts: 1,459
Re: Travel Budget

Just got back last night from another trip to Honduras.

The very best meals in nice restaurants were not over $10.* Drinks usually about $1.* We had a huge meal for 10 including appetizers, entrees, drinks, dessert and many shots of tequila total cost:* $150.

Not Thailand prices, but very enjoyable.* *We stayed at the nicest hotel in La Ceiba for about* $60 per night, although that was a negotiated group rate.

http://www.quintarealhotel.com/index1_eng.htm

In Tegucigalpa the Honduras Maya was first class (for Honduras) and cost $50 per night.*

http://www.hondurasmaya.hn/

Beyond international airfare which was $850 (!) we spent less than $600 per person in six days including two in-country flights, 5 nights lodging, a 12 passenger bus with English guide/driver for 5 days, all meals, drinks and a couple tours and admissions to attractions.

A "budget minded" traveler could have probably stayed 2-3 weeks or more on $600 but I was guiding some "high-maintenance" ladies from Bellvue.* *:
__________________
Sheryl is offline   Reply With Quote
Re: Travel Budget
Old 10-05-2005, 11:22 PM   #71
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 1,318
Re: Travel Budget

Quote:
Originally Posted by Lancelot


Funny thing is, for me, Thailand is like a job in that my living expenses are so low that my net worth has increased about 25% since retiring. I also love to bargain and paying less is an enjoyable game for me.

I wonder what the Philippines could do for my net worth 8)

Lance
Hey, Lance, good to hear you're doing well out there in SE Asia.

I relate to this point -- I always thought of a Plan B in a really inexpensive mode in a place like Thailand was the way to restore net worth to a battered portfolio. It's my ace in the hole.

Another possible Plan B for some people (this clearly isn't right for everybody) is to live in some sort of monastery/ashram/kibbutz where your living expenses go to effectively zero because you do some work there as your room and board contribution.

Living large in Thailand sounds good, though, too!

btw, Lance, unless the laws have changed in the last 15 years, just don't try to exit the country with a Buddha statue -- we tried this and found out that it was deemed a cultural artifact and were ushered into a small room at the airport with hundreds of other buddhas which were confiscated at the airport. Its a scam, of course, any image made last week would qualify for the ban. Loved everything else about Thailand, though.
__________________
ER for 10 years; living off 4.3% of savings (and a few book royalties ;-)
ESRBob is offline   Reply With Quote
Re: Travel Budget
Old 10-06-2005, 08:56 AM   #72
Thinks s/he gets paid by the post
Sheryl's Avatar
 
Join Date: Apr 2004
Posts: 1,459
Re: Travel Budget

Quote:
Originally Posted by Lancelot

I wonder what the Philippines could do for my net worth* *8)
*
Lance,
Excuse my ingnorance, but would you or others with experience there care to expound on living costs and conditions in the Philippines?* We were just talking to someone yesterday who has bought a lot of property there and plans to ER soon.* Of course he has a Fillipino wife with family there, but I'm curious about attitudes, expenses and conditions for the everyday ex-pat.

Thanks!
__________________
Sheryl is offline   Reply With Quote
Re: Travel Budget
Old 10-06-2005, 09:10 AM   #73
Thinks s/he gets paid by the post
retire@40's Avatar
 
Join Date: Feb 2004
Posts: 2,670
Re: Travel Budget

Quote:
Originally Posted by Sheryl
Lance,
Excuse my ingnorance, but would you or others with experience there care to expound on living costs and conditions in the Philippines?* We were just talking to someone yesterday who has bought a lot of property there and plans to ER soon.* Of course he has a Fillipino wife with family there, but I'm curious about attitudes, expenses and conditions for the everyday ex-pat.
I'd be more worried about getting killed in the Philippines. Isn't the Philippines one of those countries known for kidnappings to extort money from people the kidnappers believe have lots of money?
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
retire@40 is offline   Reply With Quote
Re: Travel Budget
Old 10-07-2005, 04:35 AM   #74
Full time employment: Posting here.
 
Join Date: Mar 2004
Location: No Where for Very Long
Posts: 747
Re: Travel Budget

Quote:
Originally Posted by Sheryl
Lance,
Excuse my ingnorance, but would you or others with experience there care to expound on living costs and conditions in the Philippines?* We were just talking to someone yesterday who has bought a lot of property there and plans to ER soon.* Of course he has a Fillipino wife with family there, but I'm curious about attitudes, expenses and conditions for the everyday ex-pat.

Thanks!
Hi Sheryl,

I can't really advise about cost of living in the Phils, because I have not visited there yet. The exchange rate is more favorable (about 56 PI pesos per USD, compared with 41 THB per USD here in Thailand)

People tell me that safety is an issue in the Phils, but I've been in major US cities where my personal "safety" radar went off big time. I think alot of safety issues boil down to personal perceptions. As a general rule of thumb, be alert, don't attract attention or flash money/jewelery, etc. and you will be fine in most locations.

BTW, your Honduras trips sound like good fun. Making the grand SA tour is on my to do list .

Keep traveling!

Lance




__________________

Lancelot is offline   Reply With Quote
Re: Travel Budget
Old 10-07-2005, 05:01 AM   #75
Full time employment: Posting here.
 
Join Date: Mar 2004
Location: No Where for Very Long
Posts: 747
Re: Travel Budget

Quote:
Originally Posted by ESRBob
Hey, Lance, good to hear you're doing well out there in SE Asia.

I relate to this point -- I always thought of a Plan B in a really inexpensive mode in a place like Thailand was the way to restore net worth to a battered portfolio.* It's my ace in the hole.

Another possible Plan B for some people (this clearly isn't right for everybody) is to live in some sort of monastery/ashram/kibbutz where your living expenses go to effectively zero because you do some work there as your room and board contribution.

Living large in Thailand sounds good, though, too!

btw, Lance,* unless the laws have changed in the last 15 years, just don't try to exit the country with a Buddha statue -- we tried this and found out that it was deemed a cultural artifact and were ushered into a small room at the airport with hundreds of other buddhas which were confiscated at the airport.* Its a scam, of course, any image made last week would qualify for the ban.* *Loved everything else about Thailand, though.
Hey Bob,

Yeah, the PT lifestyle definately isn't for a lot of folks. Probably at some point I will return to the USA for a "home base" then travel abroad part of the year. But living

About confiscating Buddhas, a lot of those types of travel scams out there. Being a PT has really helped me to avoid accumulating too much stuff, but it is tempting to buy some exotic oriental nik-nacks to take back home.

All the best,

Lance
__________________

Lancelot is offline   Reply With Quote
Re: Travel Budget
Old 10-07-2005, 11:10 AM   #76
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Travel Budget

Quote:
Originally Posted by Lancelot
Hi Sheryl,

The exchange rate is more favorable (about 56 PI pesos per USD, compared with 41 THB per USD here in Thailand)
Just wondering why would the PI exhange be considered more favorable? If a comparable hotel in Bangkok cost 410 THB and in Manila cost 560 PI pesos, there would be no difference, unless you're saying that the one in Bangkok might cost 500 THB making it about 20% more expensive.
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Travel Budget
Old 10-08-2005, 01:40 AM   #77
Full time employment: Posting here.
 
Join Date: Mar 2004
Location: No Where for Very Long
Posts: 747
Re: Travel Budget

Quote:
Originally Posted by MJ
Just wondering why would the PI exhange be considered more favorable? If a comparable hotel in Bangkok cost 410 THB and in Manila cost 560 PI pesos, there would be no difference, unless you're saying that the one in Bangkok might cost 500 THB making it about 20% more expensive.
MJ,

My point was, everything equal, if a Manila hotel room was 500 pesos, then, in USD terms it costs $8.93 per night. A 500 baht hotel in Bangkok would cost USD $12.20.

If costs are roughly equal and I receive more pesos that baht, then I consider the peso/dollar exchange rate to be more favorable.

Just my take on things...

Lance
__________________

__________________

Lancelot is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Gloat mode -- off season cheap travel pedorrero Life after FIRE 9 02-21-2007 04:08 PM
Retirement Travel mickeyd FIRE and Money 34 12-16-2006 10:38 AM
Good Travel Site or Boards for the RE Travel Lifestyle???????????? dex Other topics 6 11-05-2006 12:43 AM
Unconventional Travel yakers Life after FIRE 29 01-23-2006 12:32 PM
best travel deals bearkeley Young Dreamers 3 01-21-2006 06:18 PM

 

 
All times are GMT -6. The time now is 08:33 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.