Suggested Money Lesson Plan
for this Worksheet
Calculating and budgeting the costs of travel,
before you travel, is important since travel costs can end up much
higher than anticipated. What are some of these costs and
how are they calculated?
Travel - Includes transportation by car,
train, airplane, bus, taxi. For travel costs, we must
calculate the cost of round-trip transportation. If one way
prices are given, you must multiply by 2.
Hotel - Housing costs. This is
usually a per night charge. If multiple people are staying
in the same room, then costs are less. If you are staying
somewhere 6 days and 5 nights, then multiply 5 times the rate per
Meals - Eating out every day can add up
pretty quickly. Breakfast, lunch, dinner, and snacks in
between. Will you be eating at a restaurant or cooking your
own meals? Calculate average cost per meal, multiply times
meals per day, and multiply that number by number of days on the
Other Expenses - Tours, entertainment,
admission tickets, parking fees.
Other Travel Costs - Taxis, parking
fees, rental cars, other incidental expenses.
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