You’ve booked the one-way ticket in search of the trip of a lifetime, and your only goal is to save up and travel as far as possible.
Imagine watching the sun go down in Santorini, or dancing the night away with new life-long friends in Budapest. The dream is all too real, and it’s not so far away from your fingers tips. You’ve worked hard in your career and you deserve this trip of a lifetime. So, we’ve put together some tips for you to consider:
Give up the luxuries
Forking out for a cup of coffee daily adds up very quickly. If you calculate how much you spend on coffee monthly, you could probably afford a one-way plane ticket. It might be time to give up your expensive coffee habit for the time being and save those pennies for coffee and tiramisu in Italy, or a Vietnamese coffee if you’re hitting up Asia.
Other luxuries include, wait for it – shopping. Do you really need that dress or those trainers? You can easily spend the price of a good day trip or several meals whilst travelling on stuff you just don’t need.
One final luxury you should look in to giving up is the car. Yep, we went there. It’s time to start taking public transport, cycling or walking – it’ll prepare you for any hikes you go on. And, you’ll save money on petrol, car maintenance and overpriced parking fees.
This might be sad to hear, but buying gourmet food at the supermarket is literally emptying your pockets. Do you really need to buy that juice or those super-fancy raw protein bars?
Also: avoid buying food on your lunch break and just make it at home instead. Of course, it’s tempting to grab a sandwich on the go but forking out cash daily for your lunch adds up.
Save money on household bills
An easy way to save money is by switching your energy supplier. Comparison sites such as energywatch.com.au make comparing tariffs fairly easy. And, whatever you save each month can go towards a Great Wall of China day tour.
Plan for spontaneity
This may sound contradictory, but it’s essential. Many people resist tracking their spending because it feels constraining. A good solution to this is to build in money that is purely for spontaneous spending.
If you know there’s money in your budget that is there for the sole purpose of spending it, it protects the money that you’re saving into other accounts by providing an outlet for a spur-of-the-moment decision.
Using these little initiatives will pay off in the long term! You’re off on an unforgettable trip, you can’t get much luckier and richer than doing that.
Ready for that unforgettable trip? Start planning your next adventure now.
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