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Budget for 3 Month's

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I know this is a long shot however, Im wondering if someone can offer up any advice?

My friend and I will be in Europe for about 3 month's, the main places we are going are

Barcelona, Ibiza, Nice France, Florence Italy, Croatia (one week will be yacht week), Greece for 12 days (mykonos, los, santorini), Istanbul, Venice, Amsterdam and possibly a few more spots but thats all we have booked so far just to give you guys an idea.

Is 50 euros a day too little?

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