My budget varies from place to place. It can be approximately 650 EUR monthly for a beach in El Salvador, or 850 EUR monthly for a standard life in Bratislava. I would like to say though that I don’t see it as a travel budget anymore. It’s my life. I don’t waste money on unnecessary things, but I also don’t want to save on my cappuccinos, dinners with friends or sport club fee. Add plane tickets and travel insurance to that. Sometimes I am in a location where I spend almost no money, because it’s just waves, food and accommodation. Other times, I am in a big city where I live an active city life and that is more expensive. My tips on lowering your “digital nomad” budget is to be certain about your expenses, by observing them for a while. Perhaps utilize some software or app where you can track your expenses and try to cut down on doing unnecessary things. Personally, I don’t understand all the hype about fashion, so I think that it’s unnecessary to buy expensive clothes or bags. But that’s just my own view 🙂
I have some recommendations for your travel budget too: You can travel with no money, with a medium budget or with a lot of money. It’s all about your mindset. I think that traveling shouldn’t be only about cutting expenses, but also about thinking: How or where can I make money to save for my travels? Some tips on how to lower your budget are: Look for cheap plane tickets, use couchsurfing, cook your own food, and don’t party too much.