When it comes to going traveling, one of the biggest issues is how to save money so that you are able to have the best experience possible. For me, this is one of the most difficult things.
Unfortunately, it’s inescapable, but there are things you can do to make it easier for you. It’s nothing incredibly mind blowing or difficult to do. All you need is some common sense and a little self-discipline.
Trust me, if I am able to do this, you guys won’t have much of a problem either!
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This may seem like a bit of an obvious one and it is the most simple way, both to make and save money for your traveling trip.
This could be absolutely anything. You pick up some part time work as a dishwasher or a bar tender or something along those lines. A bit of a different approach would be to create a website that could be your source of income, even as you’re traveling! Anything works.
Whatever it is, not only will you be making money, but also, the more time you spend working, the less spare time you have to spend money on things that you don’t necessarily need to.
It’s a win win!
This leads into tip number 2…
2. Limit your spending
Now, I have definitely been guilty of this from time to time and it’s one of the things that I’ve had to keep an eye on since committing to this whole travel thing.
Honestly, it has a big impact on the amount of money you can save!
Even if it’s just little things, like eating out less – or if you do eat out, just order water or something.
Little things like this will add up over time.
Another one that proved very useful for me was cutting down on beer. This one was really difficult!
If you can’t think of anything you need to cut back on, then you need to try number 3.
3. Keep track of your spending/earning
If you keep track of how much you spend (and what on) as well as how much you earn (and where it comes from), I guarantee you that you will find something that you can cut back on.
Just create a simple excel spreadsheet and keep track of your “money in” and your “money out”.
Like I mentioned before, even if it’s a really small thing you need to cut back on, it’s still worth doing it as these things will add up over time.
4. Book your flights when they’re at their cheapest
I know what you’re thinking. There is no way to know when flights are at their absolute cheapest.
Now, you may not get it exactly right, but you can save a fair bit.
First, book flights more than two weeks in advance. After this point, the closer you get to the day you set off, the more expensive your flight’s going to be.
If you want to get even more specific, book your flights on Sunday. Obviously, it will vary a bit, but generally speaking, this is the cheapest time. If you want to check this out in more detail, head over here.
Some bonus tips to save money
These are just some extra tips that could help you guys save little bits here and there:
- If you’ve got plans to go out drinking to a bar or club, have drinks at your place or a friend’s before you head out. This will be a lot cheaper than paying for drinks at the bar or club. Plus, you can still get buzzed!
- Cook your own meals! This is a lot less expensive compared to eating out, buying ready meals from the shop or getting fast food. A little bit more effort, a little bit more money saved.
- Only drink water! You’ll be surprised how much you save when you cut out all drinks besides water. It’s also healthier if you care about that.
- Use your car as little as possible! If you make an effort to walk/run/cycle places instead of driving, you will save a lot on fuel. Plus you’ll get fitter and it’s better for the environment. Not too bad!
- Get a roommate! Living with someone will split your rent costs in half and you’ll also have to spend less on things like groceries.
For more tips on how to save money as well as travel as cheap as possible, you just need to do two things:
Hope you have an awesome day.
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