Hi, I’m Olga, welcome to our new video Hi, I’m Michel. Nice that you joined us again Today we want to speak about a special topic We’ll talk about the most asked question on our trip How much does our trip cost And what we spent in the last three ears For this amount Other people are quick to buy a new car We have exact statistics over our spendings We write down every day What we spend and for what It’s different categories We’ll talk through them now First, the montly fixed costs We have a health insurance An indemnity insurance And our website That’s 125,7€ per month Then we have running expenses This includes food And drinks Toiletries Entrance fees Other fees Everything what we spend on an average day That’s 265€ per month Third: Overnight expenses Around 50% of the time we camp. That’s for free 20% We stay at private persons Also nice and free But 30% are in Hotels Or Hostels which we have to pay And in the last three years that was I have to look 3379€ Around 1000€ per year For hotels and appartements Here in Chiang Mai we stay for 6 weeks Last Year Goa for 3 months We rented something there and here For that this is really okay If you want, you could easily reduce this expenses If you use more Couchsurfing or Warmshowers Or more camping But we enjoy it sometimes To have our own appartement Where we have our privacy Where we can work without any disturbs WIthout any other people around Or we do some stuff with our hosts Whch is definetily nice And a lot of fun, but… When we are in an appartement our focus is different A bit more on working So we work on our Blog and YouTube And for that We rented some places in the last three years Then, our bikes get broken sometimes So we need spare parts So far we were quite lucky Mostly just small stuff Biggest issue was maybe my back rim In Turkey That was a bit more difficult But the rest was easy, some new chains New tubes I just bought new handgrips All these little things In total that’s 846€ In the last three years Around 300€ per year That’s not too much Then, we need new equipment sometimes These are not things which got broken But things which we would like to have Or which we need We bought a new laptop A tablet, a camera With which we are recoring right now New lenses Clothes and stuff like this Everything what we need We spent 4124€ on this in three years Which is 16% of our total costs Quite a big part Then we have transportation costs Of course, we are cycling And that’s for free But sometimes we need different types of transportation Ferries, trains Or flights For that we spent 2615€ Which is quite a bit When we say that we cycle, yeah absolutely! But when you fly with a bike, it’s quite expensive Double the price We had to take some flights Sometimes a Ferry We would love to cycle all the way But we can’t avoid it To use other ways of Transportation sometimes Last but not least Expenses for Visas In many countries we can go without Visa Or with Visa on arrival which is free sometimes But for some countries we need visas And we need to apply for it In total we spent 1600€ on that Which is 6% of the total spendings We thinks that’s a lot Because it’s just a piece of paper A permission to enter the country And Yeah It depends on your nationality Where you are from, how much you have to pay then We are not happy with that to be clear We are for freedom That everyone can go where he wants Without paying money for that So we have a critical view on that But now it’s like this We are happy that we have such a strong passport So we can go to all these countries But nevertheless We think there is an error in the system We would be happy if this costs get less in the future And more people are able to enter these countries And we think 1600€ is quite a bit IF you want to know more about visa We have an extra video on that How we get the visa while travelling Which possibilities you have The link is in the video description And now we have the most interesting part Of this video How much Did we spent in the last three years For our Worldbicycletour And… it is… i have to look In total 26.281€ And if you think about this amount for a moment Then you realise that this is not so much money For this amount Other people are quick to buy a new car Or whatever… Just spend it during the years And we Have a three year All inclusive adventure holiday Around the whole world This comparison is quite crazy It’s around 9000€ per year For the two of us 4500€ per person per year I think some other people May spent this in their 2 or 3 weeks holiday per year Maybe, depends where you go And yeah We travel For three years, living our dream Living the freedom And it’s not expensive This type of travelling is not expensive You can travel so cheap with the bicycle It’s individual of course I can be more or less If you buy less new stuff If yyou sleep less in the hotel If you go out less If you have less luxury It can be even cheaper It’s different from person to person You could definitely travel a lot cheaper We are quite sure But there are no boundariesto the other side of course You can sleep more often in the hotel More often go out We try to avoid it But we can’t avoid it completly Or we also want this luxury sometimes This 26.000€ are our expenses For our way of travelling If you want to do it, you might get different costs It’s really individual I don’t know, on the first day your bike can break The you need a new bike or something Or some laws change So you can’t camp and have to sleep in a hotel It can be very different So this is our experience We can also say, per day We spend… 25,3€ For two persons Per day per person 12,5€ 770€ per month That’s Maybe a bit more than we used to pay For our Appartement in Hamburg Just the rent And now we have an all inclusive holiday for the same amount That’s quite cool We also can say this: During the years we are on this trip Our expenses got more and more over the years Our average spendings rised We live a more luxury live Yeah that’s true actually Especially in the last year We stayed much more in Hostels and Hotels And in India and Nepal we went to a lot of restaurants And even tough it’s so cheap The problem is, if you go there a lot It still sums up In the first year in europe We never went to a restaurant And maybe once or twice in a hotel In the first year we spent 7000€ I think 7700€ And as you can see, now it’s a bit more In the last year maybe 9000€ An the year before maybe 8000€ Is that right? Or also 9000€ 8000€ Something like that, 8 or 9000€ Approximately per year Very individual It depends on the counttries you visit Thee are really cheap countries and really expensive countries But you have to be carefull in the cheap countries Restaurants and Hotels are cheap there But if you go there a lot, you still spend a lot of money Everyone finds his own balance His own comfortzone We like it how we do it And yeah Absolutely, if you want to read all this again We have the statistics on our Blog We have the statistics on the one hand What we just told you We also update it quite regullary So you have all the actual numbers On our spendings, kilometer Number of countries, nights in the tent All this stuff The link is in the video description Also there is a link to a blogarticle (In German) Where we speak about the first year of our trip and the expenses And where we describe for what we spend the money That’s it These are our spendings on our Worldbicycletour If you enjoyed it, please leave a Thumps up Comment and subscribe Thanks for watching Absolutely, Thanks, ciao!