So why is it important to create a budget for Walt Disney World?

Budgeting is the process of creating a plan to spend your money. We create budgets to alleviate stress and deal with unforeseen obstacles upfront.

Walt Disney World vacations are two things:

1. Expensive
2. Time-consuming to Plan

But if you get your budget right from the start and create an ideal plan, it will be smooth sailing once it’s go time. I can assure you that you do not want to feel stressed or overwhelmed on your vacation.

When you create a budget for your Disney World vacation, you will know in advance of whether or not you’ll have enough money to do the things you need or want to do.

A realistic budget for your vacation is not limited to how much you’re going to spend on a resort hotel, transportation, and tickets. You’re going to spend money on dining, which likely includes everything from a meal with characters to a soda in the park.

FYI: Sodas and bottled water are expenses that should be included in your budget

If you research the cost of a Walt Disney World vacation, you’re going to see varying numbers.

But until you run the numbers for yourself, you won’t even come close to a realistic amount.

So how do you do that?

Our step-by-step process breaks down each planning element into five simple steps. Those steps are:

1. Make a List of Expenses
2. Calculate Those Expenses
3. Make Decisions and Establish a Budget
4. Subtract Expenses as You Incur Them
5. Stay Accountable During Your Trip

In our next lesson, we’ll teach you how to create an expense list for your vacation.