Travel Tips

How to Save Money to Travel in 2019

How to Save Money to Travel

We know that, in today’s day and age, anybody can safely travel anywhere in the world (its 2019 guys so come on). With current technologies, the whole world can easily be in our footsteps, provided “We have enough money” Having said that, we know the first difficult task before travelling is saving money for travel. In this post, we will guide you on how to save money to travel, easily and without making yourself feel sad or depressed!!

Let us first do a task and calculate our daily earnings and expenses. Like honestly, who knows it better than us, where and what we are spending?

 1. Write down all the expenses

  • Write down each and every penny you are spending.
  • If you are bad at these calculations, then, search for an app on the play store.
  • There are a variety of apps that will help you track your expenses and savings.
  • As an added feature some also have the option to set a monthly target of savings or target expenses.
  • And all this is free.
How to Save Money to Travel

 2. Create your budget for travel

  • First Decide your destination.
  • Then decide the number of days you want to spend travelling at this location.
  • Now set up a daily budget, which you will need each day of travel and multiply it with the number of days, in order to arrive at the total budget you will need.
  • Or just use the information on Google to determine the amount you will need.

 3. Start Saving to travel

  • Now that you have fixed your destination and the target budget, we come to the hardest part, “saving .”
  • Start a dedicated travel fund. Open a separate bank account for the travel savings and “DO NOT TOUCH IT.”
  • Set up an automated monthly transfer of a fixed amount, from your main account to this travel fund.
  • This way you will stay away from the temptations of spending.
  • Just reading on how to save money to travel is not going to help. You have to take actual steps here

 4. Record your expenses

  • Keep a record of your expenses.
  • Here is the key, “Save Big by cutting Small but daily expenses”
  • Whether you want to save money to travel or for any other goals this is the key step.
  • Find out your daily expenses on which you can save. You will find that the net monthly savings grow to a huge amount.
How to Save Money to Travel

 5. Quit shopping

  • Yes, you read that right. If you are travelling the world then you will want minimum luggage in your bags. What are you going to do with these newly bought things anyways?
  • So just stop, stop spending on unnecessary things. Buy only those which are absolutely essential for survival. 

 6. Do more things at home

  • Stop eating outside and learn to cook a few things at home. Honestly, this is really easy with YouTube videos.
  • Instead of drinking outside, purchase your stuff and drink at home. Of course, cutting off the drinks totally is a lot better option.
  • Instead of going to a multiplex, watch something at home. Multiplexes are really expensive these days and this will save you a large chunk of money.
How to Save Money to Travel

 7. Make extra cash

  • Make extra side cash, whether it’s working on weekends or trying some freelancing outside your day job.
  • There are various options available to earn some side cash depending on the profession you are in.
  • Earning some side cash will give your savings a big boost.
  • Even though the individual amounts are low, the net total will be huge.

 8. Sell Your unwanted stuff

  • Look around your house and sell the furniture, clothes, appliances or any random things which you are never gonna use. Really, what is the use of piling up the unwanted stuff?
  • Give it away, and transfer the small amounts you receive in return to your travel fund.
How to Save Money to Travel

 9. Do the free stuff

  • Ditch the gym subscription and take a walk or a jog in the park or around nature. These things are mostly free and a lot better than your gym.
  • If your workplace is close by, then ditch the cab and walk to work.
  • Be creative and you will find a lot of ways to do free things rather than spending your cash.

 10. Be financially responsible

  • Last but not least, ” Take control of your finances” You know how to save money to travel now.
  • You have a goal and you know that.
  • You know yourself more than anyone else. You know your habits and your vices.
  • Just be responsible and take control of your life.

Happy Travelling!!!

 Here’s a summary
1. Write down all the expenses
2. Create your budget for travel
3. Start Saving to travel
4. Record your expenses
5. Quit shopping
6. Do more things at home
7. Make extra cash
8. Sell Your unwanted stuff
9. Do the free stuff
10. Be financially responsible

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