Everyone wants to travel but how do you afford it?
There are many times I have looked at different travel nomad and wondered how? How did they save the money in the first place to travel? How do they keep funding the travel they do? How can I save the money to go travelling around the world when I am a student which as many people know means little to no money.
Well, I have some good news it can be done so here are a few tips on what I have done to save money so that I can navigating around the world.
1. Get a savings account
Sounds simple right? Most of us probably have a savings account which we put money into every now and then but having one for a specific reason and making sure to put money into every month with a target amount to save is something not everyone does.
This tip is one I did that helped so much I always saved the money from birthdays and Christmas growing up just to save but when I decided I wanted to travel I found that having one big pot of all my savings which I dipped in and out of for different things, left me feeling like I was getting nowhere so I searched different savings accounts till I found one right for me. Even went and had a meeting at the bank to make sure I was picking the right account for me. Set a target amount to save and from there did my best to put a set amount aside each month into this account.
2. Bring/make your own
The amount I saved as a student making my lunch the night was amazing. The smallest thing saved me so much money but was also a lot healthier than buying meal deals every day.
I also brought my reusable mug which saved in money on drinks but also would use to get free drinks. How? Well, I would ask for hot water which was usually free or a few pence then have my tea in a small pot in my bag. Between bringing my lunch and reusable mug for discounted or free drinks I would save around £4-£6 a day which does add up.
3. Shop around
As a student, Aldi was where I always did my food shopping or at the local market but anything I needed outside of food shopping I would shop around for it on any website I could think of looking for the cheapest price as well a using any discount apps to further save me money. It took more time but was worth it when I had more I could put towards my savings.
Also asking myself if I needed what it is I am buying helped as well the number of times I went to buy something I didn’t need or realised that fixing something or even getting second hand was just as good not only saved me money but helped the planet a little a lot the way which can’t be a bad thing at all.
4. Have a goal amount
When saving I found giving myself a target of the amount I wanted to save in a certain amount of time helped.
Making sure the target it realistic as well is important I simply took the amount I wanted to save and the amount I could save each month then gave myself saving targets each month of the amount I will put into my travel fund account and if I was able to save more in one month would give myself a small reward.
Knowing that when I hit that target I can go on that trip and seeing that goal get closer and closer help so much when I was feeling down and that I would never be able to save enough to travel.
5. Don’t be hard on yourself
Life isn’t perfect things happen, stuff comes up. When they do don’t be hard on yourself I would be lying if I said that I perfectly saved the target amount for each month. They were times where my car needed to be fixed or I needed to get new trainers, a birthday gift I forgot about which meant I saved less that month.
I was annoyed because I didn’t hit my target but I didn’t give up and go on a mad shopping spree as I really would be bad at square one I just saved best I could that month and knew next month I just needed to get back on target.
Hope these few tips are helpful and you with your saving targets whatever they may be.