To embark on those idyllic days lounging on exotic beaches and wandering the enchanting streets of Rome, you’ll need to make some sacrifices, stick to a budget, and actively seek out travel bargains. With these objectives in mind, we’ve compiled a comprehensive list of 5 strategies to help you save money for your travel adventures.
Armed with these practical steps, you’ll watch your travel fund grow in no time.
Picture: Getaway gallery
Establish a savings objective
The first crucial step in saving for your travels is setting a clear savings goal. Without a well-defined goal, it becomes challenging to resist indulging in those extravagant daily expenses, like the overly elaborate, piping-hot pumpkin spice latte at 210 degrees.
Whatever sum you choose as your target, commit to saving for it unwaveringly. An effective way to prevent any “accidental” lapses is to create a dedicated savings goal within your bank’s app, under the Nav-Money section. Set up the goal (the app can calculate your required monthly savings) and establish a recurring payment schedule. Just like your other automatic debit orders, your savings will accumulate every month without requiring a second thought.
Sell Your Unwanted Items
Downsizing is a fantastic way to generate extra funds for your travels while decluttering your life.
Allocate an entire weekend to sift through your closet, gadgets, and other possessions, creating three distinct piles: items to sell, items to donate, and items to keep. Once you’ve made these distinctions, capture photos of everything you wish to sell and upload them to platforms like Facebook Marketplace to secure your financial boost.
Explore Couchsurfing
Couchsurfing is yet another avenue to secure complimentary accommodations while exploring the world.
Users offer their couches or rooms for travellers to request a stay. A significant aspect of the Couchsurfing experience revolves around embracing authentic travel encounters and immersing oneself in diverse cultures. I’ve personally used this approach while backpacking across South Africa, forging memorable connections with extraordinary individuals.
Reserve a Hotel with Complimentary Breakfast
Choosing a hotel that includes breakfast in the package is a smart move. It eliminates one travel expense and simplifies your meal planning.
Also, be sure to set an alarm to avoid missing out on breakfast. We’ve had a couple of instances where we overslept.
Cut Back on Alcohol Costs
Alcohol can be quite pricey, and if you’re not cautious, it can swiftly devour your savings and travel budget.
Before your trip, take a trip down memory lane to your college days. Consider switching to more budget-friendly options for wine, gin, vodka, or beer. You can also choose to have a few drinks before heading out for the night to save on bar expenses.
Alternatively, opt for a cozy evening with friends, enjoying drinks at home.
