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Where There’s a Will, There’s a Way — Saving to Travel

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There’s a world out there, and many of us want to experience it but don’t have the money, and perhaps not the time either, to satisfy the curiosity for it. However, that doesn’t mean you should accept that. There are ways to indulge in some wanderlust and explore the world, building up your CV and life skills in the process. All it takes is some savvy saving and you can be out there enjoying dream vacations.

Here are a few tips to set you on your way:

Saving Money for Travel

Plan your trips

The first thing to do is identify the types of vacation that you prefer. What appeals to you most — city hopping, action-packed outdoor adventure, a relaxing beach holiday or a cruise? Think about your style of travel and estimate the costs, including flights, accommodation, travel insurance, food and drink, cell phone bill, and souvenirs (these don’t necessarily have to come from tacky shops). You’re traveling, don’t forget, so set some money aside to fall back on if unexpected circumstances emerge.

Being flexible with your travel times and dates, especially with flights, can keep more of your holiday cash in your pocket, as can searching online for the best deals. Travel out of season and you can enjoy better rates, and it may even gift you with some unique experiences. Certain destinations may be all the better for the absence of tourists.

Set a realistic budget

The sooner you work out a budget, the sooner you can save towards the enriching experiences that travel brings. How about planning well ahead and opening a bank account with high interest, or even placing money in an investment fund for a term, to help your vacation cash grow? Every little counts, so even if it’s just a penny, squirrel it away because you never know when it’ll come in handy. Avoid using your credit cards to supplement your holidays, or at least if you do have to use them then don’t run a high balance. The balance and the interest you pay off could be otherwise put towards your next trip.

Saving Money for Travel

Working while traveling

If you’re having trouble saving money, working overseas is an option, not to mention worth it for the experience alone. Many travelers fund their adventures this way, and there are plenty of opportunities if you’re flexible with your options. You can help cover your expenses with jobs such as a tour guide, waitress/waiter, hostel worker, or bartender. Seasonal work is also something of a money spinner for travelers, as they can enjoy perks such as free accommodation and use of the facilities if they’re working at beach or ski resorts. Want to see the world and work at the same time — why not work on board a cruise liner?

Travel is beautiful. It’s inspiring. It’s educational. It’s the stuff dreams are made of. If you apply these money saving tips, you can help to make your own travel dreams come true. Make it happen.

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One Comment

  • Excellent tips and I particularly agree with the first. If you can work out the kind of travel you like, you can better work out how cheap or expensive it is likely to be. If your aim is to dine at every 5* restaurant in NYC you’re going to need a bigger travel fund than if you aim to camp under the stars and catch your own fish!

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