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Trip Advice - 18 Day European Vacation on a Budget

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My girlfriend and I are planning on going to Europe for an 18 day vacation in July and are looking for some advice on creating an itinerary and solid budget. We're in our early 20's and don't make an income that allows us to have a luxury trip. We originally planned on a $3,000 budget for the two of us but that was including travel/accommodations/daily spending and I'm worried that isn't enough. Here is a rough idea of what we have planned so far:

July 4th - Leave to fly to Copenhagen
July 5th to 8th - Copenhagen
July 8th to 12th - Munich
July 12th to 16th - Prague
July 16th to 19th - Bruges
July 19th to 23rd - Amsterdam
July 23rd - Return flight

We are considering doing two to three day trips depending on the cost but aren't sure where we want to go yet. We are considering Rothenburg, Innsbruck, Ghent, and Alkmaar as possible destinations. We're open to suggestions for both our itinerary and day trips.

After spending the majority of the day trying to figure this trip out I think our budget is no where near enough. We know if we book our flights soon we can get tickets between $650 and $800. We looked at AirBnB already and have found relatively cheap places to stay. If we book our current spots we like our housing costs would be $700 (rounding up) for the trip. We still need to figure out the daily costs and how we are getting from country to country, we're planning on taking trains right now. We want to have at least one nice meal in each country but will otherwise be eating cheap and trying to cook our own meals. We'd like to leave enough in our budget for sights and what not and for having some drinks.

Basically we would like to know if this itinerary is doable. We would also appreciate suggestions on the best way to get from country to country on a budget, what our budget should actually be, and suggestions on what to do in each country.

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