Eking Out A Travel Budget That Little Bit Longer

Posted in budget, travel, travel tips
on June 28, 2017

Image credited to flickr

 

Travelling is amazing, but there is a hitch: it’s expensive. Even worse, your earning potential isn’t very high while you are on a glorified holiday. So, even though it isn’t nice to hear, once the money is gone, the trip is over.

However, that doesn’t mean your budget has to disappear into the ether within weeks. The fact is you can make any amount last a long time if you are frugal. All you need are a few tips to help you scrimp and save along the way. Luckily, this post has more than a few!

 

No Monthly Payments

Just because you aren’t in the country doesn’t mean you don’t have responsibilities. The fact is that they still exist even when you jet off to a foreign land and leave your troubles behind. As a result, it’s pretty important that you keep up with the repayments, which takes a significant amount of your budget. The trick, which is easier said, is to cut out any monthly payments before you leave. Do you have a car? Sell it or park it on private land so it doesn’t need tax or insurance. What about a phone bill? Pay it off in advance or come to an arrangement with the supplier.

 

Be Flexible

Dreams are dreams, and that means they are not realistic. Flying to the Caribbean may be the ultimate goal, yet it may also be too expensive. If this is the case, don’t put all of your eggs in one basket. Instead, find another place to travel in the meantime. Central America, for example, is very affordable on a small budget, so you can still have a good time. And, because they are close, it isn’t uncommon to find cheap flights to and from the islands. All in all, it’s a much more inexpensive method when the cost is not in your favor.

 

Cut Down On ‘Little’ Costs

As the saying goes, every little helps. Even though some costs seem insignificant, they play a huge part in your budget. Indeed, they can decimate it after a while, which is what you want to avoid. The key is to cut down on them with cost cutting hacks. Consider changing currency for a moment. Lots of people do it in-country and lose money thanks to transaction fees. With a multi currency travel money card in your pocket, the expenses are much lower. Sometimes, they don’t charge any money whatsoever. Other alternatives are to use buses instead of planes and cooking meals rather than going to a restaurant.

 

Get A Job

Although it isn’t the point of traveling, it is an excellent way to stretch a budget. Some places don’t pay workers, yet it still helps save cash. As long as they don’t charge for accommodation and pay for your meals, it is a no-brainer. Plus, it helps add a sense of structure to your life, and also passes the time.

 

Don’t tell anyone, but life as a traveler can get boring, and working fills a void.

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