Am I budgeting correctly?

Discussion in 'Budget Board' started by SumWhrOvrThRanBo, May 19, 2010.

  1. SumWhrOvrThRanBo

    SumWhrOvrThRanBo Mouseketeer

    Apr 24, 2010
    Disney newbie here... Hoping that I have budgeted enough for our first family vacation!

    Travel Dates
    Check In
    October 16, 2010
    Check Out
    October 23, 2010

    Travel Party
    2 Adults
    2 Children (Ages 6 & 4)

    Resort Choice
    Disney's Pop Century Resort

    Dining and Entertainment Choice
    Magic Your Way Package Plus Dining

    Park Ticket Choice
    6 Day Magic Your Way Ticket

    It all comes to a grand total of $2,645.90

    We will be driving...
    Total Travel Estimate:
    12 hrs 49 mins / 820.49 mi

    I have figured that all together- including our vacation package, gas, souvenirs, tipping at resturants, & any extras the boys may want including arcades, mini golf, ect. & the price of mnsshp tickets -- that this vacation will cost us $4,000.

    Am I under or over estimating at all- Am I forgeting anything?

    Here is a look at our plans...
    Sat. Oct 16th- Drive to Orlando
    Sun. Oct 17th- Chef Mickeys (breakfast) & magic kingdom
    Mon. Oct 18th- yak & yeti (lunch) & animal kingdom
    Tue. Oct 19th- Prime Time (dinner) & Hollywood Studios
    Wed. Oct 20st- Tutto (dinner) & Epcot
    Thur. Oct 21nd- Kona Cafe (breakfast) & magic kingdom- mnsshp at night
    Fri. Oct 22st- downtown Disney & Hoop Dee Doo Review (dinner)
    Sat. Oct 23rd- LONG drive home

    What do you think? Thanks sooo much!
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  3. tzolkin

    tzolkin DIS Veteran

    Jan 3, 2008
    I think you are probably over-estimating a bit, but that will be a nice surpise when you add everything up at the end of your trip. :goodvibes

    We drive farther (about 1300mi each way) and spend around $250 on gas (one year we left home the day our gas hit $4/gallon, so that may have been a bit more). Maybe $150 for tips. About $200 for MNSSHP. That leaves a little over $750 for souvenirs and extras. (I know some families may spend that much or more, but we usually spend under $200)
  4. 3girlsfun

    3girlsfun working to pay for vacation

    Apr 10, 2010
    I think it looks pretty close. I also think you might come back with some money, which will be nice!
  5. sissy_42

    sissy_42 DIS Veteran

    Feb 23, 2010
    Just make sure you have some emergency cash or credit card. You never know when you will need it!
  6. Halbleib1

    Halbleib1 DIS Veteran

    May 2, 2007
    Better to over budget than to be under. Esp. on that first trip. I know we spent more money on shopping on our first trip than on any trip since. That being said we spent under $5,000 on our second trip for everything including 14 nights hotel stay, 10 day park hopper with water park fun and more tickets, flights and MNSSHP tickets. We were 4 adults with free dining at Pop. You should have more than enough money in your budget to do what you have listed.
  7. Mommy2Jameson

    Mommy2Jameson DIS Veteran

    Mar 30, 2008
    I bet you'll end up happily surprised! When we went 2 years ago, it was myself, 2 teenagers, and my 2 y/0. We were staying at a value and had free dining. We were there 8 days/7 nights. Since food was covered, I budgeted $100 a day for extra stuff. Needless to say, I was happily surprised to take a lot of money back home! The first few days were expensive buying souveniers, but towards the end, we really didn't spend much money, except for tips for meals, and the occasional drink. I charged everything to the room, and I think my total at checkout was around $600, and that includes a $260 charge at the Toy Store at DTD buying my son's 3rd birthday presents! :thumbsup2

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