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I Spent $34,563.38 to Travel in 18 Months: My Budget Breakdown


In 2022, I quit my job to fulfill my lifelong 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 just $34,563.38.

me he remained precise 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 spent an average of about $1,920 per month, which is about my typical monthly living budget fiercely in LA and before that, in NYC. To make ends meet and save for my trip, I rented in uncool parts of town and lived with roommates in small spaces for five years. I ate out once or twice a week and only made coffee at home, unless I was working in a cafe.

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

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

This section includes the survival items I stocked up on 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 are not readily available elsewhere, such as my favorite brand of mosquito repellent, instead of items I could buy overseas over easily. I regretted, for example, being under the dead weight of too many clothes that I had to lug onto cars and planes around the world.

Siem Reap, Cambodia

Helen Zhao

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

I could have spent as little as $5 to $15 for a bed in a hostel, but I loved the comfort of my own place 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.

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

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

Similar hotels cost closer to $50 to $100 per night in the major centers of Brazil, China, Korea, Japan and Singapore. Luckily, my mom or my husband came with me in all of these places except Brazil, and we split the bill.

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

Flight: $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 and a half of the price. But I hated the idea of ​​sleeping on a bus, using the bus restrooms, or driving narrow winding roads in the dark.

Flights within countries usually cost between $50 and $100, and twice that to fly over very large countries such as China or Brazil. Flights between other countries cost me between $100 and $200. Flights between countries not near me cost from $100 to $300. The longest distance I traveled was from Osaka, Japan, to Kuala Lumpur, Malaysia, and it set me back $140.28.

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

When I wasn't flying, I took buses, vans or bullet trains. Three to seven hour bus and van rides cost me between $10 and $20. The bullet train about 860 miles from Xian to Shanghai in China cost me $94. A two week unlimited train pass in Japan cost me $224.

I used a lot of bike services, which cost only $1 or $2 for a two or three mile ride on a motorcycle.

With her mother in the country of Vietnam.

Courtesy of Helen Zhao

Food and Beverage: $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 at my hotel. Otherwise, I usually ate at fancy or trendy mid-range restaurants as well as lively night markets.

Among my favorite attractions were Temple Coffee in Phnom Penh, Cambodia, and Milu by Nook in Bali. I usually paid $7 to $10 for a drink and a non-alcoholic drink. A meal at no-frills places or night markets where lots of locals eat usually cost me $2.50 to $6. Night market deals cost about $1 per serving.

I tried fine food a couple of times, paying just $12 for lunch and $22 for dinner for a very good multi-course meal in Bolivia.

I often ordered fancy lattes at trendy cafes for around $2. I was surprised to find that my iced latte habit only added up to $411 in 18 months.

I drink alcohol about once a week, paying about $5 at mid-range restaurants and bars, and $10 to $12 at higher end establishments.

Views: $2,567.24, or about 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 for travelers health insurancewhich would cover up to $100,000 in expenses in the event of an accident or illness. That insurance came in handy when I had one case of food poisoning and one really bad case of Covid.

I paid $563 for travel vaccines, including yellow fever, typhoid, hepatitis A, and Japanese Encephalitis. The latter would have cost $400 to $500 in the US, according to my research, but I paid just $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

Clothing: $1,048.24

Memories: $216.86

Gifts: $661.91

I usually shopped at hole-in-the-wall boutiques or vendors set up on the street, where there are no price tags and it's all about bargaining. In order to avoid paying too much, I held off buying right away and kept in mind that the competition was often on my side.

I asked about prices with many sellers. That process helped me find the lowest acceptable rate, or the last price I was offered before the sellers let me walk away.

That's how I knew I was getting a great deal on custom made Vietnamese silk dresses in Hoi An. After asking around, I ended up paying $34 per dress and left Vietnam with 14.

Sometimes I bought things on the spot when I felt the price seemed very reasonable. I didn't care if the seller earned a few extra dollars, because I still felt that it was a big deal and that the money would mean more to them than it did to me.

Rio de Janeiro, Brazil

Helen Zhao

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

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

There were outliers, however. 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 we arrived at the border from Peru and we struggled to collect the necessary documents before we arrived.

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

From time to time I would indulge in luxuries I almost didn't spend money on in the US, where I often feel 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 beautiful facilities in Bali, which cost $10 each. A haircut costs about $8. I also regularly stocked 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 escape activities that don't involve sightseeing or cultural experiences. That includes entrance fees to the few nightclubs I visited, arcade games, Spotify music subscriptions, and hookah with friends.

I'm surprised how little I spent on escape. You can party hard with other tourists in Southeast Asia and South America, especially when staying at hostels. In my early 20s, I would have jumped at the chance, but in my early 30s, I didn't feel attracted to it.

The No. 1 thing I got for my $35,000: 'It reminded me how rich I am'

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

I had become very frustrated living in the expensive cities of America, feeling like I could never give a house or children and always comparing myself to people who have more than me. I felt poor, like I never had enough and I wasn't doing enough.

Monitoring my spending it showed me that I have great purchasing power in most of the world. I am not a helpless victim of inflation and the high cost of living in the US. In truth, I am extremely privileged and fortunate.

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

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

Do you 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 success stories.

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





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