How To Save For The Trip Of A LifetimeBy Angelica Malin
To just drop it all and go – that’s the dream right? Hop on a plane and not come back for a while. The truth is though, for most people, the trip of a lifetime is going to take a lot more planning than that. In particular, it’s going to take a whole lot of saving too. In this article, I’m going to look at some of the ways in which you can get together the cash for a once in a lifetime holiday.
Sell All Your Stuff…
Over the years, you’ve probably accumulated a fair amount of stuff. And, while you might think all this stuff is worthless, a really ruthless clearout could actually raise quite a bit of cash. A yard sale could be a good way to go, or alternatively snap some pictures of your stuff and get it all up on an auction site like ebay or gumtree. Not only is this a great way to raise some cash, it is an excellent method for decluttering and clearing out stuff you don’t use anymore.
….Even The Car
Now, it is one thing raising money through decluttering and selling off things you have accumulated. However, if you want to really raise some capital, you probably will have to sell something more valuable. For may people, the most expensive thing they own is their car. In fact, we all have a lot of capital tied up in our cars. If you are going to be away travelling for a long time, you won’t need your car anyway, it will be sitting idle. Thanks to the rise of online car marketplaces like https://www.autovolo.co.uk/sell-my-car/, it’s never been easier to sell your car. So, you might as well release that capital and put it to good use!
Downsize Your Living Arrangement
A fair chunk of the salary you bring home each month will be spent on where you live in both rent and bills. So, if you know that you want to go travelling some point down the line, consider finding a cheaper place to live in the run up.
Obviously, this will depend upon the specifics of your situation, but if you have already sold off a lot of your things then you don’t need much space to store what you have left any more! This means that you can look to rent a smaller place for a short time, just to help save some extra cash.
If it is just you, the cheapest option is probably to look for a spare room to rent. This should be considerably cheaper than renting your own place, both in rental fees and shared bills. If you are really lucky, maybe a friend will let you stay in a spare room and pay a small rent to them.
The key here is just to cut down the expenses associated with renting.
See If You Can Work Remotely
This is not a saving technique as much as a way to continue earning some money while you are on vacation. Essentially, if you can find a way to carry on working while travelling, you will be able to afford to travel for much longer.
For this, it will depend on the line of work you are in. However, in the internet age it is amazing how much can get done remotely. It is well worth having a conversation with your employer about the possibility of working part time while you travel. Not only does this mean that you have more money and can extend your travel for a longer period, but by keeping in contact with your employer you keep open the option of returning to work after you finish travelling.
An important thing to consider here though is the balance between work and travel. If you end up spending most of your hard earned travel time checking emails and searching for decent WiFi, you might spoil the trip. Don’t lose sight of the fact that this is supposed to be a holiday!
Conclusion
Whether you are going for backpacking or five-star luxury, following these tips should help you get to get together the money for a truly wonderful trip. While some of the things I have said here might seem a little extreme, it will all be worth it once you are on the plane and on your way to some exotic location… Bon Voyage!