Many people have the dream to travel around the world. If you want to make your dream come to you have to know how to save money. Travelling can be very expensive, especially if to want to do it often. After all, having money means having options and isn’t this what traveling is all about?
In the following, you will learn about clever ways to save money for your travel.
Reevaluate your living space
Of course, we all need a roof over our head. A secure and warm place to be able to develop. However, we don’t necessarily need 500m², a jacuzzi, and a guest room. If you have a free room and traveling is really your first priority, you should definitely think about getting a roommate or renting out a room on Airbnb. This way, you will be able to save 100€ to 1000€ a month depending on your approach.
Bring your own lunch
Bringing your own lunch to work can save you a lot of money. At least, if you don’t have a free lunch included at work, which is not often the case. However, this doesn’t mean that you will be stuck with an endless cycle of peanut-butter and jelly sandwiches. In fact, you could just cook an extra large dinner and take the leftovers to lunch the next day. If you don’t know what to cook, there are plenty of sites in the internet that can give you a little inspiration.
Reduce your alcohol, cigarette and coffee addiction
Coffee in the morning, beer after work or a cigarette when being stressed is indispensable for many people. But most of them are not aware of how much money they are actually spending on it. A pack of cigarettes or a six-pack might not seem like much as itself, but little things add up. For example, let’s assume that a pack of cigarettes costs 7€ (of course depending on where you live) and you smoke 1 or 2 packs a week. This results in yearly costs of 350-700€ only for smoking! It doesn’t mean, that you have to stop at all, but cutting it down by 50% would already save you a lot of money.
Sell your stuff
This might sound more radical then it is actually meant. Of course, you don’t have to sell your favorite owners, but many people do not realize how much unnecessary things they have been gathering their whole life. For instance, it could be a basement full of old furniture or a closet that is so full of clothes, that it won’t close anymore. The solution is easy, just take a day and go through all your stuff asking yourself: “Do I really need this?” or “Am I ever going to wear this again?”. If you answer those questions honestly, I assure you, you will have a lot of things that somebody else would be happy with.
Earn while you’re traveling
This is actually a nice way to start faster with your travel. If you have the option to earn money on your travel, you don’t have to save quite as much. There are many ways to earn money on your trip. For example, you could have your own travel blog, be an online graphic designer, work as a translator or even work on a farm for a short period of time. Depending on which country you are traveling to, you will have many local jobs, that you could go for. Of course, your personal skills and the timeframe of your travel plays a huge role in this.
Most importantly, remember that saving money will not be easy. Try to keep in mind what things you actually need and what you want. Cut out your “wants” as much as possible, keeping your goal in mind: Travelling around the world.
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