Building our travel budget – 2 years to go

Collage of International Currencies

I have to come clean. I love finance and budgeting. I “waste” hours a week on personal finance. I thought this part of the trip planning would be easy. It is in my wheelhouse. I have failed. Even with preliminary placeholders I just can’t get the left side to equal the right side.

When I started on this process, I threw out a nice round number that I “budgeted” for the trip. What I was really doing was putting down a number that I would be “comfortable” spending on the trip. Unfortunately, it seems like each week of research unlocks a new expense I had not considered.

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Start signing up for some loyalty programs – 796 days to go

I have always limited my loyalty program participation to a narrow range of companies. As I continue to research our upcoming trip it makes sense to expand the list of programs that the family is affiliated with. With still over 2 years of time until we travel, some might end up justifying the sign up effort now. When we eventually take off, I can not wait to see what cost offsets these loyalty programs will have helped deliver.

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Another source of Funding for the Trip – 832 days to go

Let me call a spade a spade. I have not made any progress on the other elements of the trip planning in the last month. Even my attempts at a blog posts did not make it to fruition. However on the finance side things we have moved things along nicely. We are now about 1/3 of the way towards our goal and we did it just by changing our priorities a little bit. Essentially we decided on another way to allocate money towards the trip.

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How to Pay for the Trip – 906 days to go

With the new year upon us I have decided to share the ways we are going to save money for the upcoming trip. We have not yet decided the amount we need yet but we have aligned on where some of the $ will come from. The overall idea is that the trip will be funded through income from different sources and also from us making slight adjustments to our current lifestyle. One final caveat is the dollars will all be after tax dollars *i.e. real money, not paper money”

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