Travelling the world seems so out of reach to many of us, simply because of the associated costs. The flights, accommodation and food are just the start! What about activities, excursions and transfers as well as keeping yourself fed and watered?!
Luckily, although it may seem impossible it really isn’t if you work our a budget and dedicate yourself to a bit of good honest saving. Put your mind to it, saving up for the trip of a lifetime doesn’t have to be impossible; it just depends on your mind-set and how badly you want it! Follow these tips and put a plan into action, then your dream is on the way to becoming a reality.
Set Realistic Goals
Come up with a savings plan and set yourself both short and long term goals. Don’t aim too high though, because if you can’t reach those goals you will slowly and surely run out of enthusiasm. Start by figuring out how much you need to save then break it down into smaller chunks that are easily achieved. Saying “I need £1,000 by the end of the year” sounds a lot more intimidating than “I need £85 a month”. Try and find something that can inspire and encourage you each day, because once you have a plan and you’re committed to your dream, you can start thinking about how you’re going to save! Contrary to what some may thing, there are easy ways to save money, here are some ideas…
Trim the fat
If you really want to take saving seriously, you’ll need to start cutting down on your outgoings. Here are some ideas to help get you started:
- Make packed lunches every day and avoid buying meal deals.
- Stop buying coffee and snacks on the go.
- Get creative and make your own birthday gifts for friends, rather than buying them.
- Grow your own vegetables and herbs to help reduce the food shop.
- Have an energy overhaul! Switch the TV and other electrical appliances off when not in use – don’t forget phone and laptop chargers. Buy energy efficient lightbulbs too to save on the leccy bills. You’ll also be doing your bit for the environment!
- Repair or alter old clothes and accessories instead of buying new, another thing the world will thank you for.
- Use those coupons and point cards!
- Make your own cleaning supplies rather than buying branded ones.
- Rip your make-up wipes in half, they’ll last twice as long!
- Watch and mimic fitness videos online rather than booking expensive classes.
Look at your expenditures and be ruthless in getting rid of the things you don’t necessarily need, such as a gym membership you never use, or the extra data package allowance on your phone (click into your WIFI whenever you’re home). Sort through your needs and your wants and carefully consider your priorities, shaving off here and there where you can.
Avoid Big Spenders
Try and avoid people who are irresponsible with their money, as they may encourage you to be the same. It’s hard to be thrifty with big spenders. You don’t want to be a party pooper, but watching your friends splash the cash on meals out, cocktails every Friday or fancy new gadgets will make it all the harder for you to save up and reach your goal. A real friend will encourage you to save not spend. Being careful will be worth it in the long run!
Earn Extra Money
Think about your set of skills and find ways to use them to make extra money. For example, if you’re a great writer, you could consider some freelance blogging. Consider whether you have any neighbours who need some help with their chores, like mowing the lawn, or someone to babysit their kids. There are lots of ways to make money without even leaving your home, such as online surveys. Alternatively, you could consider selling some of your old stuff online, such as clothes you haven’t worn in years, furniture or technology. Gumtree, Craigslist, Schpok and Vinted are great for this.
And finally – Good Luck!