Absolutely. Be thrifty. Use services like AirBnB, Travel by mass transit, bus, train. With $10K you can probably spend at least a month or two traveling around all over the EU.
How much cash should I bring backpacking Europe?
As you can see from our travel costs table above, some European cities are cheaper or more expensive than others. As a general rule, though, it's a good idea to budget at least $100 a day for your vacation.
Can you travel the world on 10000 dollars?
You'll need to save a bit more than $1,600 each month to make that happen. Or, if you're looking to travel for 6 months, you'll need about $10,000, which means you'll need to save just over $800 a month for a year to achieve your goal.
Is 10k enough to backpack Europe?
How much can I travel with 10k?
It's legal to travel with more than $10,000 in the United States and abroad. You have the right to travel with as much money as you want. However, during international travel, you need to report currency and monetary instruments in excess of $10,000.
How much cash should you bring for 2 weeks in Europe?
A good rule of thumb is to carry $50-$100 a day in the local currency while travelling. Remember, though, that cash may not be the best option to pay for travel expenses. Credit cards offer great rewards, lower transaction fees, and can help you get a better exchange rate.
How much will it cost to backpack Europe for a month?
How much it costs to backpack Europe for 1 month will depend solely on your itinerary, but on average, it is about 1.500€ or 50€ a day. If you want to backpack in Western Europe, your Europe travel budget per day will be close to 100€ a day. However, if you backpack in Balkan countries, it will be around 30€ a day.
Is 10K a good amount of money to have?
Having extra cash in the bank is an excellent way to plan ahead for unexpected financial concerns. For many people, $10,000 is a solid amount of money to have in their emergency fund.