Traveling is the new luxury and experiences are being commodified and sold through pictures online. Whether you’re making six figures or just starting out, you should always create a budget for your travels. The budget is relative. It’s relative to what you earn and how much you spend in other areas of your life.
There are plenty of people who don't have an emergency fund. In fact, nearly 30 percent of Americans don't, according to a report by NeighborWorks America.