How to create a realistic travel budget with Mint.com’s planning tool

A new year often means lofty resolutions, especially when it comes to planning and maintaining a travel budget.

Though there are many personal-finance sites and software out there, this year I’m resolving to use Mint.com‘s free online tool. You can create plans for saving toward retirement and buying a house, but I’ll be primarily using the site for its Travel Goals, which help you set — and stick to — realistic travel budgets.

And though the tool obviously doesn’t do the hardest part (you still have to save the money), it does track how far or close you are to achieving your Travel Goal.

For example, say you want to go to Hawaii for a week this summer. Once you create a budget by filling in the estimates for airfare, hotel, meals, and other expenses, you can then specify how much you will contribute to that Travel Goal each month.

If you underestimate how much you’d need to save per month, the online tool points out: “Oh no! You aren’t saving enough each month to reach your goal on time.” The tool then offers you two ways to fix your Travel Goal: increase your monthly contribution in order to reach your desired travel date or postpone your planned date to fit your monthly contribution.

If you stay on track with saving the specified amount each month, Mint.com’s budgeting tool highlights (and adjusts) the projected date of when you can afford to take the trip. Save more, and you could afford to take your trip a month or two earlier.

But if you slack on your monthly savings, the date will be pushed back — a reality check and an instant motivator. Once you mentally equate an unnecessary clothing purchase or an impulse buy to the consequence of delaying your trip by a month, saving becomes a little more real.

Granted, most people will buy plane tickets and reserve hotels with a credit card several months before actually taking the trip; the tool helps track if you’ll be able to easily pay it all off after your trip. After all, nothing ruins a vacation more than coming home to bills that you’re not financially prepared to handle.

To fund my travels this year, I’ve linked my Mint.com account to an ING Savings Account labeled Travel Fund.

How do you stay on track with saving up for a vacation?

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Cheap Cruise Watch- Norwegian Upgrades (almost) everybody

It’s what the cruise industry calls “wave season”, the time of the year when people stop dreaming of a White Christmas and instead have nightmares about getting stuck in snow and ice. Thoughts turn to warmer weather and cruise vacations come to mind. We have been talking a lot about how to get a good deal lately. Today we have one for you.

Cheap prices are good. Cheap prices and you get more for your money are better.

Norwegian Cruise Line has a “Free Upgrades For All” promotion that applies to the new Norwegian Epic going on now through January 16, 2011 where we can book and get up to a 4 category upgrade at no additional charge. That’s nothing really all that exciting but with this promotion, you can book an ocean-view cabin (with a window) and get a balcony cabin at no additional charge. Book a balcony and get a mini-suite too. That’s different and unique to Norwegian.

They’re also throwing in a coupon book “worth over $400” but don’t get too excited about that part. Many of the coupons you probably won’t use but they do add up and some you will. The big attraction here is booking an ocean-view and getting a balcony or booking a balcony and getting a mini-suite on their newest ship. That’s the kind of value we want you to get. It’s available on all 2011 sailings and its pretty easy to do.

Like most cruise deals this can be a little tricky to book so pay attention if you visit the NCL website. For Balcony upgrades, you’ll see a Balcony Stateroom with the same price as an Ocean-view Stateroom. For sailings with Mini-Suite Upgrades, you’ll see a Mini-Suite listed at the same price as a Balcony. A few restrictions apply and it is always a good idea to read the fine print.

Get with your travel expert to be sure you get it right.

Flickr photo by Cruise News Weekly

Win an Intrepid trip to Egypt with the Nomading Film Festival

If you’ve ever dreamed of traveling by camel, visiting the iconic Pyramids, dining with Nubian locals in a traditional village, cruising along the Nile on a felucca, or bargain hunting in Cairo’s souqs; it’s time to pick up your camera and start shooting.

The adventure experts at Intrepid Travel have teamed up with Brooklyn’s Nomading Film Festival to offer an extensive 8-day Egyptian tour to NoFF’s winning submission. Don’t have any video experience? Not to worry – NoFF still wants to see your stories! The festival encourages people of all levels of filmmaking to submit so long as it’s under 15 minutes, non-fiction, and uploaded before April 30th (upload here).

Audiences will vote in five categories: 1) The trip I wish I was on, 2) The trip I’m glad I wasn’t on, 3) The nomad(s) I want to travel with, 4) The most enlightening trip, and 5) Simply put, that trip makes me want to travel, now!

So pack your camera, get out on the road, and find a great story that needs to be shared and you could be on your way to the Land of the Pharaohs.

[Photo by scribs]

A new place to spend euros: Estonia

One of the greatest boons to travelers in recent years is the expanding eurozone. Gone are the days when you spent a few days in France, then wasted money getting your francs exchanged into lire in order to visit Italy. There were always a few odd coins left over that ended up sitting useless in the sock drawer.

At the start of 2011, Estonia has become the 17th country to join the eurozone. The kroon will soon become a memory as the old currency is phased out.

While this is good news for travelers carrying euros, it could carry a hint of future trouble. Many countries that adopted the euro saw prices rise as shopkeepers rounded up in the exchange. This is what happened in Spain, and prices never stopped rising. What used to be a budget travel destination soon became almost as expensive as the rest of Europe. Living in Madrid I’m constantly hearing Spaniards complain about how much more expensive things are these days.

Estonia has also become a budget travel destination in recent years. The Baltic republic may be small with only 1.3 million people, but it has an interesting history, some beautiful countryside, and a distinct culture. Hopefully it won’t get too expensive to experience all that.

South of the Clouds: Shaxi, Yunnan, China

Once an important market town on China’s ancient tea-horse road, Shaxi is one of seemingly very few Chinese villages that have retained their original feel. Quiet, with cobblestone lanes and courtyard homes, Shaxi is currently undergoing a “remodel” to restore and preserve its historical market square, inner village, and, eventually, ready the entire Shaxi Valley for tourism. Though only a few hotels and shops currently smatter the tiny village, there’s no way a town like this will stay this quiet for long. You’ll be rewarded by visiting soon, as the vibe is sure to change after the completion of a new highway nearby.

Gadling was lucky enough to visit Shaxi in November on a trip with WildChina, during which we traced parts of China’s tea-horse caravan route.

%Gallery-112119%Shaxi sits roughly between Lijiang and Dali, and was a halfway point for tea and horse traders traveling between southern Yunnan and Tibet. The town experienced its prime from 1368-1911, when it flourished as a way station along the tea-horse trading route. When the last of the caravans passed through in 1949, Shaxi settled into relative isolation. In 2001, the World Monument Fund added Shaxi’s market square to its Watch List of 100 Most Endangered Sites, as the square had its original theater, temple, and guesthouses. All, however, were in danger from neglect and the potential of shoddy restoration. In partnership between the Swiss Federal Institute of Technology Zurich and the People’s Government of Jianchuan County, the first phase of the Shaxi Restoration Project began in 2006, and the village is readying itself for more visitors.

A tour of Shaxi

The first thing to do is visit the village’s market square. Largely unchanged for centuries, the square is a quiet remnant of the bustling tea-horse days. It livens at night, when locals gather to dance and play music, and on Fridays, when Yi villagers dress up and descend from the hills to join Bai locals for trading and fun.

One one side of the square sits Xingjiao Temple, parts of which dates back to the early 1400s. Part of Shaxi’s restoration project, the temple was once a headquarters during the Cultural Revolution and was also used for grain storage. Today it is a quiet courtyard off of a quiet square, interrupted only by the occaisonal Chinese official with a cigarette, screaming into his mobile phone.

Also in the square sits the Sideng Theater, the most prominent building in the area. A small museum has been established in the refurbished building, and plans are underway to re-open shops along the ground floor.

Courtyard homes and guesthouses make up much of the rest of Shaxi. We were invited into the home of Ouyang Shengxian, a 70-year-old Bai man whose father and grandfather were muleteers on the tea-horse road. Ouyang’s ancient courtyard home once housed traders traveling the route. His kitchen has changed very little in the past couple of centuries (see photo gallery), and Ouyang himself seems from another time. Wearing a thin, cracked leather jacket held closed by two pieces of bright red yarn, Ouyeng recalled for us not only his stories, but those of his grandfather and father (who was killed at 33 by bandits). Though he never worked the tea-horse road, Ouyang traded salt from the nearby Misha salt mines, as well as worked in coal mines.

The Laomadian Lodge, off of Market Square, is another venue that was used as accommodation for tea-horse road travelers. Comprised of several coutyards, the 151-year-old venue still has the original cabinets that horsemen slept on top of to guard their personal belongings. White reflecting walls in the courtyards display restored Bai paintings, and, as with all of Shaxi, stepping across the threshold of the inn feels as though you have stepped back through centuries in time.

Stay tuned for more on things to do around Shaxi.

For more about Gadling’s tour of Yunnan, click here.

Though my trip through Yunnan was partially funded by WildChina, the opinions expressed here are 100% my own.