Is it possible to travel abroad AND save money?
When I was telling people before I left the US that I was going on a 2+ month trip to SE Asia, most of them had reactions like:
“Oh wow, business must be going really well!”
or
“Can you afford that???”
or
“How can you do that, what about your business?”
The funny thing is, part of the deal of me going was saving money! After being here almost a month, I can say that I underestimated my costs- partly because my traveling partner and I only lasted a week, so I was on my own with hotel or accommodations for a lot of the time here. I think what surprised me was that while Bali is cheap, it’s not THAT cheap. There is so much tourism here that you can easily travel around the island in luxury if that’s what you want. There are all levels of hotels.
And, my original thought was to be here for 2 months and rent 1 place, which I could have easily gotten for $300 or so a month. But, the way I did it bouncing from hotel to hotel cost a little more. Let’s look at numbers compared to what I spend at home (not including the stuff that I pay either way):
Typical month in San Diego:
Rent: $1200
Food: $350
Phone: $100
Gas: $200
Misc. car expenses: $50
Internet: $40
Power: $18
Entertainment: $100
Car insurance: $75
Total: $2133
First month here:
Hotel expenses: $650 (taking out $3 for breakfasts included)
Food: $300
Flight: $25 (Just taxes)
30-day Visa: $25
Phone: $40
Transport costs (taxis/shuttles): $80
“Exit” Fee from Indonesia (lame, I know): $30
ATM Fees: $50
Tours/Boat transport: $170
Internet: $0
Power: $0
Car insurance: $0
Total: $1400
So, according to this, I’m $733 ahead. I left out laundry, which is a wash, no pun intended. I may have spent a little more on little restaurant things (like amazing avocado juice shakes!), but it’s like $2 here and there, and beer (which I don’t drink much of at home, but when it’s like $1.70/beer I have it more often here), so maybe throw in another $25 to my trip expenses. But clothing comes out to be less here, not that I’m buying a bunch of clothes, but I spent $2 on a tank top yesterday where at home it would be $10.
Now, let’s say I got a place for $300/month here instead of paying for hotels wherever I go. This doesn’t mean I suddenly save an extra $450 a month- unless I just stay in one place and never do overnight trips. So, if I had gone with my original plan, I would have been doing several overnight trips and paying for hotels on top of my rent. So let’s say I did 8 trips and averaged $25, it’s an extra $200 so we’re looking at a savings of about $283.
So we’re going with a $733 savings over staying home for the past month. Not bad, was hoping for a little better, but like I started with this post, it’s not as cheap here as it’s played up to be- and food costs go up a bit because I eat out for every meal here as opposed to doing the groceries thing.



Synched w/ that! Not too strapped either and managing just fine…
Mainland Mex in July & Nov this year. Looking for a destination in Sept. Adds up to around a month and traveled enough now to prove that it’s less expensive while away rather than during business as usual at home. Don’t get me wrong, I managed to pull off a 6 star hotel get-a-away in Jan’10 by splitting the hotel w/ friends and shopping around for low airfares plus purchased all our groceries since we had a kitchen. The math on that was still less expensive than business as usual.
There’s just no wrong way to your choice of traveling for two months!
cv
Kev
The bargin of Bali is completely dependant on the value of the dollar relative to the rupiah. My last trip there I stayed in the same place for a month, with a/c, hot water, breakfast and laundry and it was $180… For the month. And it was a nice, clean place across the street from the beach in Benoa.
You could go back six months from now and spend a third less depending on what the hacks at the FED do or dont do to the currency.
Cool breakdown of the expenses though.
Mike, you’re on level 2 for Bali! If I had 1 more month here I’d be learning Indonesian and paying $200/month for sure…this month was mostly about being a tourist and bouncing around and seeing as much as possible.
I got the berlitz tapes (remember tapes!!) and learned the basic tennats of the language in a few days. They do not congegate verbs so i will go, i go, and i went are all the same phrase. Once you learn some basic vocab, you can put sentences together in no time at all. And as mentioned, a whole other experience opens up to you when they see you can have taken the time to learn their language.
I also got lost hiking around Ubud and the people i ran into didnt speak Indonesian, just old school Balinese. I dont think there is a berlitz tape for that!
M