Need some extra cash for travel? Check out this post
Need some extra cash? Don’t we all. I’m currently saving for a huge trip at the end of the year, and I know how hard it can be to save for travel when you also have everyday expenses.
It can be tricky to save money when you’re simply trying to keep your head above water. That’s why the best travel saving plans include increasing the money you have, buying smart, decreasing expenses, and saving as much as possible.
Read on for my top tips for saving money for travel:
Make a plan:
The first step is to look at the type of trip you’d like to do. Do you want a week of pure luxury, or are you planning to be a backpacker and stay in hostels? Are you planning a weekend trip? Or do you want at least ten days? Would you like to visit more expensive destinations like Paris or London, or would you be happy in Bangkok or Budapest?
Once you’ve decided how you’d like your trip to go, you can start thinking about how much it will cost for your trip.
Slash your expenses:
While you may think you need every penny for your day-to-day living costs, this is unlikely to be true. There are plenty of ways you can cut down on your expenses without feeling like you’ve given up your social life. The problem is many people treat budgeting the same way they treat dieting. They give up all of their favorite things for a week, feel miserable, and then go and blow $100 on new shoes at the mall.
Instead, take a look where you can slowly start cutting out small expenses. If you like to eat out once a week, change it to once every two weeks and spend a night cooking a nice meal at home. If you love getting coffee out every day, choose one day a week where you put that $4 in your savings account instead. As you begin to see your savings increase, you’ll be more motivated to drop more dinners out and nights clubbing. You’ll want to cook more at home and take lunch to work, and you can build some momentum.
Increase your incomings:
Are you overdue for a raise at work? Think carefully about the last time you received a raise. Have you been helping your company make some serious money? Maybe it’s time you approach your boss and ask for some more money.
Another good way to increase the money you’re bringing in each month is to start a side hustle. Check out an online casino site like Casino.com Indonesia or SBOBET, or use your skills to make money on the side through freelancing. You can even sell some of the things you’re not using anymore and put that money straight into your travel fund.
As you can see, saving for travel doesn’t need to be miserable! Good luck!