Firstly, you have to be realistic about how much you can spend. Be honest to yourself and calculate your budget. If you feel like your extremely short on finances, then postpone your trip and start saving instantly! If you are going to go to a place that's just a few hours away, the transportation cost won't be much. But if it is a different city or in another case a completely different country, then most of your budget will comprise of transportation cost. So be clear about where you are going and also compare fares, ticket prices etc.
Once you arrive at your destination, you are also going to need the cost for the place you are going to live. Not just living there, but additional transportation cost to reach that place. So apart from the extra travel cost, set a clear budget for your accommodation. Are you going to use Airbnb to find local rentals or is a hotel more of your thing? Do you prefer a small cottage, a villa, a room in a mansion, a five-star hotel or a three-star one? Basically, the environment and luxuries you require during your stay will also add to the cost.
Now let's come to food next. Going to a different place and not trying out the local food? That's just not going to work. You don't have to eat lavishly every singly day and night. You can even drop by to the nearest store and make your own meal if you have the facility.
Lastly, for entertainment, events and exploring the new place in general, always look out for discounts. Websites like groupon.co.uk can provide discounts or even free admissions to local events. Make sure to designate a particular amount of cash that you are capable of spending daily for entertainment. The infographic below will sum everything up for you. Have a nice holiday!
