10 Tips on Saving Money for Travel

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Its all about strategic planning, you want to travel when other people aren’t traveling. But when is that? The easy answer — when kids are in school. If you’re a parent, that can be problematic. But if you’re not, that’s when you should be traveling.

Make sure that the industry isn’t taking advantage of you. Right now, people do a lot of booking online, and corporations watch our habits. So you want to make yourself as invisible online as possible when you are buying travel products. That means getting rid of your cookies and your history if you do airfare searches. That means changing servers when you’re looking for travel information. This can create major savings.  So lets get down to it.

 

10 Tips on Saving Money for Travel

(How to save money for Travel)


1.) Create a Budget:
 First and foremost, create a spreadsheet in Excel or get a budget app and start tracking every single purchase or payment. Do this for about a month or two to get an idea of where your money gets spent. This is a huge eye opener for some people and from here you can consciously decide how you need to change your spending habits to save up for your travel. And you can always get Cheap Flights on Travel Start.

2.) Selling Items: Go through your closet, garage, and boxes to find items you are no longer using. Then you can either have a garage sale or sell them online at Amazon, Ebay or Craigslist. Selling your unwanted things can boost your savings dramatically.

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3.) Stop Buying: It sounds simple, but it takes a great deal of restraint; especially if you are accustomed to buying the newest gadgets or clothes. The next time you want to buy something, ask yourself if you really need it. Most likely the answer is no. When you do need to buy items, try to buy them used, and when something breaks try fixing it first.

4.) Limit Entertainment: Invite friends over instead of going out, go to places on days they are offering free admission, and look for other free things to do for entertainment. There are definitely plenty of things to do that don’t cost much money.

5.) Get the Best Interest Rate: Do some research to find a good interest bearing savings account. Also, you should never have to pay monthly fees to have an account since many banks offer free checking and savings.

 

6.) Out of Sight Savings: Not everyone spends that much and a lot of people spend a lot more, but consider that cutting back even N30,000 in expenses each month would save you N360,000 a year (enough for a roundtrip flight from Nigeria to London or some Cheap Flights to Dubai).

So when people ask how people afford to travel so much it’s quite simple. It’s how little they spend rather than how much they make.

7.)Save On Tours: Often the best tours you can get in town are absolutely free. Yes, you have to be outdoors at the end of the day, but that means they’re going to be very compelling. There are amazing people all over the world who are running the most wonderful, erudite, interesting walking tours. Just search in online or on Instagram.

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8.) Write a list when you go shopping and stick to it! Start eating healthier, unprocessed foods. They are cheaper and you will notice a benefit in your health too! Plan your meals around your grocery store’s sales and when you make meals, make enough for leftovers to bring to work for lunches.

9.) Gifts: Give a gift of service or a home made gift instead of buying an item.
10.)Work Abroad: If you’re a person under the age of 26, there is a program through the E.U. and the U.S. government that allows you to work legally in Europe. You have to get the job yourself, but this way you can work and travel all over Europe with intriguing Flight Routes.