Don’t you wish that you could be on a perpetual vacation? We’re not one to give false hopes but there’s a good chance that you can be on vacation most of the time and it doesn’t have to cost an arm and a leg. Here are the some creative ways to save money for travel.
Start a Vacation Fund
Grab a piggy bank and boldly label it ‘VACATION FUND’ and set it out somewhere where anyone coming and going can see it. This means at home and at work. Tell everyone and their uncle to donate! You’ll need to set aside your inhibitions because unless you win a million dollar lottery overnight, you’re not going to go anywhere for a long time if you’re going to be shy and bashful about collecting funds.
Give up Eating Out, Shopping and Other Indulgences
The good news is that it is temporary! The bad news is that it means you’ll need to hold off on taking that shopping spree, heading to the newest restaurant in town or watching a movie in fancy seats. Look, nothing in life ever comes easy so the sooner you resign to your fate, the easier it will be. You’ll be amazed at the amount of money you’ll be able to add to your vacation fund that you’d otherwise spend on your indulgences. We did say it was temporary so smile!
Scan your Reward Programs
When was the last time you looked at your credit card points and airline miles? Well, you’ll be surprised how useful both can be when planning to travel. Overlooked by most of us, check to see if you have enough accrued points to subisdise an air ticket, hotel stay or other travel services. It’s better to put your points and miles to use than to have them uselessly expire.
Set a Travel Budget
This should be the first thing you do but it’s never too late! It always helps to know your monetary goal when you’re trying to reach it so set yourself a travel budget. Tentatively slot amounts for things like air tickets, hotels, sightseeing and meals. Leave some buffer room for shopping and other contingencies along the way.
Even if you have a 9 to 9 job with a steady paycheck, you can look at making a few extra bucks on weekends and in your spare time that doesn’t conflict with your schedule. It can be anything from becoming a dog walker to an online tutor. Hunt around and see what’s out there so you can add to your vacation fund.
Author: Devika Khosla
With the inability to sit still, she’s always going ‘somewhere’. Foodie, spa junkie, animal lover and traveler. That’s Devika’s story.