10 Ways to Save Money for Travelling

Posted on Mon December 22, 2014.

In all likelihood you’ll need to spend some time saving up before you go travelling. You’ll of course want to save as much as money as possible to make it a great trip. The worst thing in the world would be making it to your dream destination and not being able to afford to do anything while you’re there!

In all likelihood you’ll need to spend some time saving up before you go travelling. You’ll of course want to save as much as money as possible to make it a great trip. The worst thing in the world would be making it to your dream destination and not being able to afford to do anything while you’re there! So, here are some top tips to help you save up before going away:

1. Know how much you will need to save

While planning your trip, work out how much you’ll need to save to do everything you want to do. Even making a rough estimate would be worthwhile so that you can start working towards this goal.

2. Reduce your spending

You may really want that new T-shirt and you may want to go to the pub every night, but these are certainly things that you don’t need to do.

3. Start a dedicated fund

Set up a savings account, if you don’t already have one, or at the very least get a little jar labelled ‘travel funds’. Be sure to put money in every week or every month and watch the funds pile up.

4. Make your own lunch

It’s unbelievable how much we spend on lunch, takeaways, meals out and coffee without even noticing it.

5. Cancel memberships

Another way to save cash is by cancelling your memberships to things like the gym or magazine subscriptions. Go out for a run instead.

6. Do free stuff

Just because you’re saving, it doesn’t mean you have to stay in the house all day. Go to galleries, poetry readings, gigs or anything else you might find that’s free.

7. Buy second-hand

If you need anything new make sure that it’s not new. You can get some fantastic gadgets and fashionable clothes from second-hand stores or on eBay.

8. Go an extra month

Wait a little longer than usual before spending money on new stuff. You could probably last without new shoes for another month, and you could probably go without getting a new haircut for a couple more weeks etc.

9. Use an app to track your spending

There are loads of handy apps out there to help track your outgoings, such as the very popular app, Mint.

10. Get a job

Or get extra work if you already have a job. This might mean working gruelling hours of overtime or scouring the internet for freelance work, but it’ll all be worth it in the end.