Awesome Money-Making Hacks To Boost Your Travel Fund
Going traveling is one of the best experiences you can have. You get to see different parts of the world and experience an amazing array of cultures. And, of course, the people you meet are often amazing and give you a little glimpse of what life is like for others around the world.
But another part of the reason why is that it can take you so long to save up the money and live out your dream. There are people out there who save up for years before turning their travel goals into a reality. However, there is a way to speed up the process of saving for your big trip away. And we’re going to explore some of the things you need to do right now.
Create a savings pot
First of all, work out how much money you can afford to save each month for your epic journey. Use your income and subtract all your essential expenditure, with a little entertainment and clothing costs put aside for the odd night out or a new pair of jeans. The rest? Save it. It’s worth putting it into a high-interest savings account for a couple of reasons. First, you won’t be able to dip in whenever you like. And secondly, because you will get a little extra when it is time to take out your savings – every little bit helps
Reduce your outgoings
Now you are putting a constant amount of money away, think about how you can cut other outgoings in your life. Do you really need a Netflix, Hulu, and cable TV package? Is the premium version of Spotify entirely necessary? Could you use a cheaper cell phone until you go away? Throw in a new energy supplier, and you could, possibly, be adding a significant amount extra into your travel funds.
Get a second job
Could you work a few extra hours over the weekend or at nights? Sure, you don’t want to kill yourself, but working an extra job has two benefits. The extra money is a big one, of course, but it also stops you from going out and spending it. Put both of these financial bonuses into your travel fund, and you will be bumping up your savings a great deal.
Use financial reward services
There are hundreds of rewards sites out there that give you things like cash back, gift cards, and free products – and sometimes even money in your bank. You can do things like offer your opinions, rate websites, and take surveys to pick up your rewards. MyPoints is supposed to be one of the leading reward sites, but as ever you should read the review to find out more for yourself. Obviously, you aren’t going to be able to retire on incomes from services like these, but the more you get involved, the more you get paid, and the more you can stash away in your fund – it’s as simple as that.
As you can see, there is a huge range of money-making – and saving – hacks you can use to boost your travel fund. Why not suggest some of your own in the comments section below?