The following is a guest post from reader Chris, who shares a quick and dirty (and cost-conscious) examination of Round-the-World Travel. He writes about about making a life of long-term travel and other related topics at ChrisCarruth.com.
$10,000 goes a long way. That’s a healthy drop in the retirement bucket, a sizable boost to any portfolio, a new(er) car or, as I’m about to advocate, an adventure of spirit and culture and affirmation that most never embark upon.
Would you believe me if I told you that you could travel the world for $10,000? Hopefully, by the end of reading this you’ll see the opportunity for what it is. Of course we aren’t talking about stopping at the nearly 250 UN recognized nations, but rather circumnavigating the globe while stopping at a selection of countries and cities. Your time frame, your itinerary, your budget (and your sensibilities) will set the limits of your travels, so keep them in mind at all times.
Being readers of MyMoneyBlog.com, I think it’s safe to assume that you’re all fairly versed in saving methodologies and tips and tricks and are in, at least, a decent financial state. If you’re a new reader or simply don’t have that kind of scratch lying around, I didn’t leave you out. I’ve left some time honored travelers tips at the bottom to both save money for your travels and to pinch pennies while on the road. General rules of this study:
- I am traveling solo.
- I have gear and vaccinations.
- I have $10,000.
- I will travel for 3 months – 1 week in the US. 5 weeks in Europe and 6 weeks in Asia.
Consideration #1 – Airfare
Remaining budget: $8,300
Airfare these days is not only the most economical choice, but also the least logistically imposing method of traversing the globe. There are two main schools of thought when it comes to RTW airfare – have it your way or go prepackaged. Customized itineraries allow for greater flexibility of schedule, freedom of destination and directional independence, while “pre-packaged” RTW tickets typically want you flying East-to-West (or vice-verse, no hopping back and forth), have a handful of stops and must be used within a certain date (usually within one year from purchase).
My focus on traveling will be South East Asia and Western Europe in a west-to-east route. I’ve opted for an itinerary from Boots’n’all Travel, who partners with the Airtreks to bring all this in at $1299 (as of September 2010, see current RTW specials here) . There are always some hidden fees, so let’s buffer that up to a straight $1500.
Flight itinerary – SE Asia & Europe Budget Ticket: San Francisco or Los Angeles – Manila – Borneo (Kota Kinabalu) – Singapore – Angkor Wat (Siem Reap) – surface – Saigon (Ho Chi Minh City – Bangkok – surface – Kuala Lumpur – London – Amsterdam – surface – Paris – San Francisco or Los Angeles from US$1299
Note: This sample itinerary is good through September 30th. Each month Boots’n’all offers different routes, but the prices, and locations, generally stay the same.
In the interest of creating as realistic a scenario as is reasonable, I’ll dish up the fact that I don’t live in San Fran or L.A. I’m a Colorado Springs resident…a quick check on Kayak.com shows that round-trip airfare from my home to the Bay Area and back runs less than $200. Done (and subtracted from our budget).
On a side note, if you’re concerned about the environment impacts of air-travel, you’ll be happy that the sustainability movement has more than a foothold in our modern travel climate. Carbon offsetting is an option as are bio-fueled jets (not commonly available…). Of course, these will up your costs and for the sake of staying under budget I’ve left them out.