Tracking your expenses on vacation is essential if you don’t want to overspend and end up with a huge credit card bill to pay off once you get home. There are a number of ways to keep track. The easiest is a notebook and pencil. The more complicated will be a spreadsheet, online calculator, or app on your smartphone.
Start by estimating an overall budget. Then deduct the upfront costs you have already paid to see how much you have left. Many people prefer to set a per-day budget once they get to their destination, but this is not always practical because there can be hidden costs, forgotten costs, and cost of living issues. Continue reading “Tracking Your Expenses on Vacation”