Some tips on saving money for travel

Photo of Some tips on saving money for travel by Ritabrata Ghosh

It’s an old myth that you have to be rich to travel the world, in the last 30 years flying with aeroplanes and flights has quickly become big business and there is now lots of competition for cheap flights making flying the norm and accessibility to foreign countries super easy and quick.

But it does still cost money which you will need to save before your trip.

As well as working hard and saving as much as you can I thought I would go into a bit more detail and come up with some more suggestions in case you may not have thought of them…

Commit to travel, make it a priority

The main thing is you must commit to making travel your number one priority, this will help put the saving tips in place. If you have the right dedication , you will travel wherever you want to.

Staying In is the new going out!

I know what it’s like, you work all week and feel like you need a release at the weekend but going out clubbing, drinking etc. costs a lot of money. Come up with some creative ideas for staying in.

Engage yourself in some different activity. Invite your friends over for dinner, go to the gym , or spend some time reading or watching things you like. Staying in will save you a lot of money which you can put towards your travels.

Get rid of unwanted stuffs

You won’t be able to concentrate with lots of stuff filling up your life, go through everything and ask yourself if it brings any value to your life. This is also a good chance to make money and sell you unwanted things and add some money for your travel.

Track your expenses

Start to make a plan of what’s coming in and going out. There are going to be some needed expenses such and rent/mortgage and food etc but then you can look at the optional expenses and asses whether you need them and can cut back in any way.

Luxury is a state of mind

We can all probably get a better deal on how we spend on our lifestyle. For example , if you have a car. Try to not use it so much, take public transport, trains, buses or walk instead. Maybe you can sell your car and gain the extra cash instead. Jokes apart ! But some sacrifices are needed to be made to travel your dream destination.

Change your living arrangements

If possible why not see if you can move back in with your parents for a while, they might let you stay for free or for a reduced rent. If this isn’t possible then do you have a spare space you can rent to a roommate? With an end goal to travel in sight ad committed to these are small sacrifices…

Make a money jar

Put this in clear view and every day pop your spare change in it and watch this grow!

Set up a Travel Fund Account

Make a dedicated bank account for your travel funds and you can even set up a specific amount each month or week which goes from your salary into this.

Get another side job

This is a common thing to do, the job can be anything and you could even put 100% of your earnings from this side job into your travel fund.

At the end of the day you’ll be able to have such a life changing experience by travelling that it will make this all worthwhile, basically just work your butt off and you’ll be here in no time! Good luck and I hope this helps!

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