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How much money do you need to travel for a few months?

This estimation falls in line with popular recommendations that budget travelers can spend an average of $50 a day on the road, and allows additional budget for flights and vaccines. You'll spend up to $30,000 for a budget trip that includes fewer hostels, and more upscale accommodation, transport, or food.



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If you know what you're doing, your travel budget can be as low as $50 a day. The amount is going to vary wildly depending on where you want to travel, and how thrifty you are. But for long-term budget travel, I usually recommend planning to spend at least $1500 per month.

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But for long-term budget travel, I usually recommend planning to spend at least $1500 per month. So that means to backpack around the world for 6-months, you should have at least $9000 in your bank account before you leave.

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If managed carefully, a $5,000 budget is more than enough to eat and drink your way across the continent on a 10-day or two-week trip –or perhaps even longer.

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Portugal offers the lowest cost of living in Western Europe, where a couple can live nicely on $2,500 to $3,000 a month outside of the major cities.

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Yes, you might even be able to travel 1.5–2 months across Europe. Depends on how much less than $5000 but even around $3000 you should be comfortable.

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So how much cash can you fly with? You can fly with any amount of cash. No law prohibits you from bringing any amount of money on a flight.

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You can fly with any amount of cash. No law prohibits you from bringing any amount of money on a flight. Likewise, TSA has no rules that limit how much money you can bring through security. In other words, TSA has no cash limit per person.

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In all, I try to keep monthly spending under $2,500 (not including my business spending). And even with this as my budget ceiling, I often come in under. A few months ago, I did the math on the 30+ real Europe travel budgets linked below (scroll down for links) and the monthly average came in at $1,637.

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If you're carrying currency equivalent to $10,000 or more, you have to report the money to customs. That limit isn't per person if you're with your family or another organized group, either. If you're traveling together with two other people and you're all carrying $5,000, that means your total is $15,000.

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Protecting your money from theft or other losses Avoid traveling with large amounts of cash. If you have to take cash, keep it in a carry on bag. Never put your cash, financial instruments, or precious metals in a checked bag. Keep your cash and other valuables out of public view.

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A good X-ray scanner will always detect money. Airport scanners can detect even the smallest amount of metal and can detect paper. The scanners will always look after things that look different to the norm. In this case, if the currency is arranged in bundles, it will be more easily detected.

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A mid-range traveler might spend around 150-250 euros per day, or 450-750 euros total, for a 2-night, 3-day trip to Italy. This would include comfortable accommodation, local transportation, meals at mid-range restaurants, and some paid sightseeing activities.

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How much money should you bring to Italy? Single traveler: A solo traveler can expect to spend around 50-150 euros per day, or 150-450 euros for a 3-day trip to Italy. This would include budget accommodations, meals at inexpensive restaurants or street food, and free or low-cost sightseeing options.

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Using the Schengen Area
As many countries are in the EU, there is freedom of movement rules for their residents. This gets carried over temporarily for visitors. So, you can stay 90 days within a 180-day period, which means you can live in Europe for three months without having to get a visa.

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