Fund the Cost of Travelling

How to Fund the Cost of Travelling

| November 15, 2021 | Trip ideas

Have you always wanted to travel around the world?

Or perhaps you have been bitten by the travel bug and are keen to plan your next trip?

Either way, there is probably only one thing holding you back from jumping on the very next plane to your preferred far-fetched destination.

Money.

Unfortunately, the traveler lifestyle does not lend itself well to those with a less than favorable bank balance, especially if you want to visit the top attractions and marvel at the must-see sights.

That being said, there are ways that the average Joe (or Josephine) can afford to travel in style in the same way that those with a trust fund can.

From scaling back your current lifestyle, working at a summer camp, accumulating frequent flyer points, and keeping reading to find out ways you can fund the cost of traveling without getting yourself into any debt.

Sell your possessions:

Although this may seem a little extreme, if you are serious about traveling the world, you will have to make certain sacrifices.

If you are planning to travel for several months or even a year, you may want to consider selling your car, as it will just be sitting unused while you are away anyway. This is a good option if you live in a city that boasts a good public transport system.

Other possessions you may want to consider selling include:

anything that you do not need or want anymore could be easily transformed into cash for your next adventure.

Work in a summer camp:

summer campThe beauty of working in a summer camp is that not only will you earn a decent wage that you can save up to fund your travels further, but your flights, accommodation, and food are all included in the initial price.

For example, if you choose USA summer camp, for only $399, you can travel to explore the United States and earn some extra spending money while you are there. You do not need to have any experience with children to apply, and you will get the chance to make some great friends and enjoy new and exciting experiences.

Scale down your social life:

If you love nothing more than partying with your friends at the local bars and clubs or dining out with your partner at expensive restaurants, then now is the time to cut back on all these little luxuries. You might be surprised by how much money you are spending on going out and socializing.

Instead, make the effort to cook your own meals from scratch, buy drinks from your local supermarket, leave your debit/credit card at home when you go out, and take a limited amount of cash.

It is a good idea to cancel any unnecessary subscriptions and memberships such as weekly magazines and going to the gym. You will get plenty of exercise when you are backpacking through India or hiking in the Himalayas.

Frequently Asked Questions (FAQs)

Q1: How much money do you have in the travel fund?

A: The general rule for funding for traveling is at least expenses put away of three months. 

 

Q2: Can you get paid to travel?

A: yes you can if you are willing to work along the way instead of just paying you can also earn. Some gigs will cover your transport cost and some will pay for the entire trip and maybe there are some gigs that will send you home with more money than you started with. 

 

Q3: How can I travel for free?

A: look for work exchanges

    Travel to the old country for free

    Swap houses 

     Babysit, house sit, or pet sit.

 

Q4: Can traveling be a job?

A: Whether you are thinking of a career shift or just getting started, you can always find a job to trip on. The training a job that offers traveling is always hard, but the investments can be covered once the journey starts. 

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Ariana Smith
Ariana Smith

Ariana Smith is a blogger who loves to write about anything that is related to technology, She also has interest in entrepreneurship & Digital marketing world including social media & advertising.

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