Budgeting for Your Next Big Dream Vacation

This is part 14 of a series of posts devoted to our whirlwind tour of Peru & Chile.

  1. Less than $1,000 per person all-in for our 11-day tour in Peru & Chile
  2. How you can use <75,000 points to replicate our itinerary to visit Machu Picchu, Easter Island, and more
  3. How to prepare for altitude sickness in Machu Picchu & Lake Titicaca
  4. What to bring for your trip to Machu Picchu, Lake Titicaca, and/or Easter Island
  5. How many different sets of tickets do you have to buy for that one-day visit to Machu Picchu?
  6. How to Create Your Own Machu Picchu “Inka Trail” Experience in One Day
  7. Using the Tambo del Inka, a Starwood Luxury Collection Resort, as Your Base for Your Visit to Machu Picchu
  8. Tour Guide #1 – Sabino for Cusco, Sacred Valley, Machu Picchu, Peru
  9. Tour Guide #2 – Silvia for Puno, Lake Titicaca, Sillustani, Peru
  10. How We Did Lima, Peru in One Day
  11. Tour Guide #3 – Sergio for Easter Island, Chile
  12. Taking Advantage of an Airport Hotel for Our Walking Tour of Santiago, Chile
  13. Airport Lounge Access + LAN International Business vs. Economy
  14. Budgeting for Your Next Big Dream Vacation
  15. You Won’t Believe What Happened on Our Way Home!

Travel can be very expensive, even with the help of miles and points. Many of us play the miles and points game for the thrill of getting the best possible deals, but the reality of it is that most families don’t have the luxury of an unlimited amount of time and/or money to devote to travel.

TravelWhimsy and I always share the true out-of-pocket all-in cost (including food, sightseeing, and incidentals) for all our trips, because we want to show everyone that a weekend cross-country getaway or an annual vacation abroad does not have to exceed your travel budget.

Let me use the actual expenses from this South America trip to explain.

As I shared in an earlier post in the series, the total all-inclusive cost for the whole trip was about $2,950 for three adults.

As shown in the following graphic, a monthly saving of $300 starting from the time you begin your trip planning will turn your next big dream vacation into a reality. Transfer $300 a month into that new Schwab checking account you have just opened, and pack your lunches for yourself and your significant other. Better yet, tell your loved ones that their birthday/anniversary/Christmas presents are going into the family annual travel fund.


Let me know what you think! I respond to all comments.

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