How much spending money you’ll need will depend on the duration of the trip, the region you are travelling to (for instance Europe and Australia will be significantly more expensive than Asia, or Latin America), and how much you anticipate spending on personal expenses like alcohol or shopping. Before you travel, it’s also a good idea to read up on and get an idea of the Free Time Add-Ons you think you’ll want to do on trip, as these will form part of your overall budget. We’d advise doing some research on your chosen destinations beforehand, looking at things like:

- Cost of a local lunch

Cost of a local dinner

Cost of a bottle of water

Cost of a beer

Cost of an ice cream

Cost of entry to a sightseeing spot

We also advise you bring some cash in the local currency of the destination you’ll be travelling to first, and then use your debit or credit card to withdraw money along the way (don’t forget to let you bank known you’ll be travelling, as otherwise they may freeze your account due to foreign currency expenditure). Cash cards like Travelex are also a good option if you want to reduce conversion fees.