How to Travel Budget and Save for Your Next Trip

how to travel budget

Travelling is one of the most wanted to-do activity worldwide – with almost 76 percent of people wanting to travel more than they already do… Meaning most people are dreaming of travelling more but don’t necessarily have the means to do so (otherwise they would be right?) “How to travel budget” is a common question for everyone looking to go on an adventure.

Who doesn’t have a bucket list of all the places they want to visit and experience?

We all dreams… We live for them and strive for them almost on a daily basis. Identifying what your goals are and how you can get there are the first stages to pursuing them.

Unfortunately when it comes to travelling, having the money to do so is one of the biggest must-haves.

But what if it didn’t have to be that way?

Travelling is not just for the rich and famous… Holidaying is a real adventure, not just for yourself, but for the whole family too. And it doesn’t have to cost you the Earth. You can save up for a life-changing trip, find a country you fall in love with and buy a house and have a whole life if you want to!

Let’s take a look at some of the ways you can make your travel dreams come true and how to travel budget…

how to travel budget

Budgeting

Of course the most fundamental aspect of being able to travel abroad is having the cash to do so. You need to consider how you plan to manage your money. How will you create the savings you need for your big trip?

Living with cash instead of credit cards can make a big difference. It’s so easy with contactless cards to never really see where your money goes, but before you know it you’ve blown your monthly living budget…

Do you have a Netflix account that you rarely use? What about your other monthly expenses – is there anything that can be reduced or removed entirely?

First things first, make a plan / budget of what you will need cash wise to afford your dream trip. How much are the flights, train fairs, car hire… How much can you budget for per night in a hostel or hotel…

Put real figures to real plans so you can get a real idea for how much you will need to save.

how to travel budget

Reduce Your Costs

Where possible, take down your costs in your everyday life, and use the savings toward travelling the world. You can cut back on your Starbucks coffees, work lunches (batch prepare these every Sunday so you don’t need to spend during the week) and make special meals at home instead of eating out. This will all add up over time and can be put into your travelling fund.

Reducing your expenses in this way will increase your savings. It may take some time, but it will be worth it!

To save up for a big travelling trip, you could take on a second job for an extra income, or choose to work on the road. This could be a great option if you want to earn and travel at the same time.

how to travel budget

It may take some time to truly live your travel dreams out, but they deserve as much time as your other goals! Always remember why you are striving and saving. Your adventures can be ticked off one by one, so don’t worry if you can’t go everywhere in one go!

At the end of the day, you want to enjoy living your life, and part of this is achieving your goals, but don’t forget to enjoy the process / journey in getting yourself there too.

I hope you have enjoy these tips for how to travel budget! What travel trips are you saving for at the moment? I’d love to hear them in the comments below!

Safe Travels,

Jessica xo

References:

Forbeshttps://www.forbes.com/sites/lealane/2019/05/02/percentage-of-americans-who-never-traveled-beyond-the-state-where-they-were-born-a-surprise/

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