Traveling can be very expensive, especially if it’s a really big trip. But that doesn’t need to stop you from taking your next adventure! There are ways that you can help to prepare financially so that you’re able to take that trip you’ve been dying to go on!
Create a consistent savings plan for traveling.
If you open a short-term recurring deposit account set aside specifically for your travels, you can save for trips a bit easier! If you have that money in a separate account, you won’t be tempted to spend it on other things, and you can use the money you accumulate in that account for your next expensive trip that you didn’t think you’d be able to afford. If long-term saving is not an option consider a low-interest personal loan. This way you can take the trip right away and start savings plan to pay off the loan without the crazy added interest of a credit card.
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Stay away from online shopping.
When you’re spending too much money on your online shopping addiction, it might also be hard to balance with your travel bug. Online shopping is such an easy way to drain your money quickly, mostly because it’s so easy to just click “buy” on your phone or computer.
To get rid of the urge to shop online, delete all the shopping apps from your phone, and unsubscribe from any promotional emails that may cause you to impulsively shop online. You can also clear your browser cache and cookies regularly to get rid of targeted advertising by e-commerce sites! No more late night shopping!
Control your expenditure by living a simpler life.
If traveling is your priority, try to understand the difference between “want” and “need”. You’re going to need to restrict your expenses if you really want to be able to afford the next trip you’re planning! Avoid eating at more expensive restaurants, and refrain from buying clothes you don’t need. Every time you go to buy something, ask yourself if you really need it, or if it’s just another impulse buy. Remind yourself that whatever money you would be spending on your wants could be going toward your next trip! Try to pick up a hobby that can help you get some extra cash, like freelance writing online!
With these tips, any trip is possible! Don’t let finances get in your way of your dream to travel! Now get saving, and happy traveling friends!
A Guest Post by Jamie Wharton
Jamie is a Social Media Strategist for Earnest. She has a passion for finance and enjoys educating others. Her main goal is to help build a brighter financial future while making finance friendly for everyone. When not working you can find Jamie surfing the web while sipping on her latte.
Travel makes one modest, you see what a tiny space you occupy in the world. My name is Aamir Khan. I’m a social guy from India with a big smile and 4 passions: People, Travel, Food and Social Media. August 2018 I decided to combine my passions and started a unique social travel project around India. I also Blog on https://tournbike.com/ please do visit.
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I so agree that it takes some planning before I can take a vacation, more so when I have quit my job! Wonderful tips!
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Thank you for your valuable comment, Mridula. 🙂
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Wonderful.. I naturally don’t feel urge to shop a lot. I feel waste of energy , resources and time but when it comes to traveling, I am open to spending.. 😊
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You are right…I also feel the same way. 🙂 Thanks for visiting my blog that I found yours. 🙂 Happy blogging!
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nice tips…
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Money is a big challenge when it comes to travel! I found your tips very useful!
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Simple and accurate, another side would be getting enough funds to do so… 🙂
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Great tips. We’re saving for a honeymoon.
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Thank you and best wishes! 😀
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great tips!
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