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Top 5 Ways to Save for Travel

Saving for a trip can be difficult sometimes, even for the most budget conscious individuals. Unexpected expenses pop up, the initial cost of the trip can get out of control and you can get blindsided by some shiny new phone that came out of nowhere and took a big chunk out of your cash reserves – sometimes it seems like the world is out to get you and you’ll never have enough to see the world with.

Well fret no more because here are a few helpful suggestions to make your trips a reality by keeping your money safely earmarked.

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Cut Down on Needless Expenses

You would be amazed how much you spend needlessly a week on things that if you either found alternatives or skipped outright, you’d have enough money for your trip in no time. Bring your own coffee from home and save a few dollars every day over buying it from a coffee shop. Don’t like the taste? Suck it up, buttercup! Smoke? Stop! Drinks after work? Do it once a week instead of twice. Spend only on what you need and watch the money add up.

Open a Savings Account

Another way is a savings account, specifically to open one and put your money in this secure location. Make sure it’s only accessible by you and not attached to a debit card until you’re ready to travel so you won’t be tempted to spend it beforehand. A Cash ISA is a great way to give you the peace of mind that your money is safe and out of your wallet where you’ll be tempted to spend it.

Ask For Money Presents

Forego a new video game or yoga pants for the best gift of all – money. What would be better – a $15 gift card to some accessory store or $15 you can spend on a pizza and gelato overlooking Florence from Piazzele Michelangelo? It’s that simple. Some people are reluctant to give cash as gifts but if you ask for ‘money for my trip’ and then put it in your savings account, they will be more inclined to give it to you.

Sell What You Don’t Need

If you’re looking to travel for a long period of time, or even a shorter stint, chances are you have things at home that you either don’t use anymore or that just don’t make sense to have. Clothes, fitness equipment, even a car – these things can all go a long way to funding your travels. Sell wisely though – some things aren’t worth parting with, especially if you do plan to come home one day and don’t have a place to store it.

Work While Travelling

All play but no work makes Jack a poor boy. This can help fund your current as well as future travels if you are away long term. Some  people are working overseas and travel in their spare time so this is obvious, but some countries will allow you to work depending on your visa, so even if you’re on an extended holiday you an still make a bit of money on the side to throw in your bank account for the next leg of your journey.