If we were just honest, all of us want to travel at least once a year. Who doesn’t want to explore beautiful places, meet new people, and learn a new culture? However, as enjoyable as it sounds, your wallet or bank account may not agree to your wanderlust.
It may be easy for some to travel everywhere they want because they have a great job and can afford to spend extra money for such activity. But what if you’re still a student? Or someone having difficulties managing their expenses? For some reasons such as urgent and emergency traveling purposes, you can check out 365 Credit Solutions‘ site to help with such financial issues. However, Here are some simple and tips on how you can save money for your travels.
Create a List of Your Expenses
Once you are entirely aware of how much your average monthly expenses, it is much easier for you to determine how much money you can save regularly.
Set Realistic Amount
Stick with the amount that you’ve set to save regularly. Don’t make it to high because you might not be able to achieve it. Besides, you will never know when you will get unexpected expenses. Just consider the amount that is realistic to you.
It would also be great if you have your bank account linked to your savings account. Set-up some savings bank account and name them precisely according to their purposes—for instance, emergencies, car, travel, or house. Setting a fixed date for monthly automatic transfer to your savings account will also be great. Keep in mind that you can’t spend your money coming from your savings account unless it is essential.
Limit Eating Outside
If you think about it, eating out or going out costs you more money than choosing to eat at home, especially if you do it weekly. It’s not that hard to spend $50 on drinks or food or weekly consumption because that amount can already pay for your plane ticket to other countries such as Greece or the Philippines.
Find Ways to Make Extra Income
If you have the opportunity to earn extra money, take it as much as possible. Even if the income is not high, there’s extra money that is added up into your savings account.
Use a Jar for Saving
Every extra coin and spare change you have should be put up in your piggy bank or jar. If you don’t have one, then find a way to store your money where you can’t easily take them out. If you are creative, you can also create your saving jar, which may seem more attractive and motivate you to put money in it.
There’s a whole series of DIY videos on YouTube about the best way to make a saving jar. You’ll be surprised how much you can save money yearly. It won’t be much, but it’s the effort that counts.