Is 5k enough to travel?

You won't be able to survive on $5,000 per year if you're backpacking around expensive countries like Japan and England, so consider choosing some cheap countries for travelling instead. Southeast Asia, Eastern Europe and Central America are three of the most affordable regions for backpackers.



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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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Depends on how long, from where, and what comfort level you want to be in when going there. $5000 is more than enough for one person for at comfortable two-week trip after an economy airfare from the USA and economy to mid-range hotel reservations are arranged in advance.

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Generally, $20,000 is the baseline cost for a trip around the world for one person for one year. 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.

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Many people set aside 5-10% of their net yearly income for leisure travel, but this can vary greatly based on the type of vacations they're planning. Another popular budgeting option is the 50/30/20 rule: 50% of net income is spent on things you need. 30% of net income is spent on things you want.

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From December 1 to January 22, 2017, I made my way through Europe with only a backpack and a $5,000 budget. As great of a trip as it was, I learned a lot about living out of a backpack. There are many things I would do differently if I were to go back to save money and have other experiences.

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Deals directly to your inbox So, how much money do you really need for 3 weeks in Europe? While it varies depending on your travel style and destination, a budget of around $2,000 - $5,000 USD should cover your expenses. Of course, this is just a rough estimate - the more you can save, the better!

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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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How not to run a 5K
  1. Don't go to a race without a plan, even if that plan is to just enjoy it.
  2. Don't change something on race day that has benefited you during training. ...
  3. Don't jump into a pack of runners having no idea what pace they plan to run and don't be afraid to jump out if the pace is too fast.


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The late fall and winter months—from mid to late October through mid-to-late March—are often the cheapest time to fly to Europe (though fares can spike in December). It's often cheaper to fly to Europe mid-week, on Tuesdays and Wednesdays, in particular.

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As a general rule, though, it's a good idea to budget at least $100 a day for your vacation. This is just spending money, as hotel costs are likely to have been either paid in advance or settled by card when you check out.

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