They say travelling costs a lot of money – and this is one of the main reason many people feel compelled to not fulfill their lifelong dream of travelling the world. However, things aren’t as black and white as they may appear.
In fact, not only can you travel when you don’t have an unlimited budget at your disposal, but you can actually save money while being away from your home country too. How to do that? What are the best ways to save money while travelling? Read on and find out more.
Travelling long-term can be actually beneficial for your finances – especially if you choose the right destination. For example, rent in the USA will cost a lot less than rent in South America or South East Asia – which can save you a lot of money in the long run.
Furthermore, travelling long-term can also be money-savvy because you will not have to stay at a hotel. Tourists very frequently spend a lot of money on hotels when, in fact, renting an apartment or house are both much friendlier with their budgets.
Living the local life
One of the most amazing parts about travelling is that you get to discover not only new places, but new cultures, ways of living and seeing life itself. You discover people, experience their home countries and become part of their life stories for a brief moment in your own story.
Living the local life is a great option for multiple reasons. First of all, it will allow you to actually see what locals see, eat what they eat and live life the way they do it. Secondly, it can also save you tons of money. The farther you move away from the tourist-beaten path, the more you will discover that prices for food, accommodation and every other expense are much lower. Be smart and take the road not taken!
Work without working
The Internet is a marvelous place we can all call home, regardless of where exactly we find ourselves in the world. Aside from entertainment and socializing though, the Internet provides us all with great opportunities for business and remote working as well.
If you can write, sing, design, create websites or if you simply have amazing people skills or organization skills, you can work from wherever you are. What’s more, you can continue working even if you choose to change your location at any point in the future. You only need a good, saleable skill, a decent computer and a steady Internet connection – and, of course, the desire to actually make this your “job”.
Working while travelling can double your money-saving efforts precisely because you will spend less and work in a currency that has more value in the countries you visit. Thus, you will be able to save some money and either invest them or keep them away for the rainy days.
Yes, working, travelling and saving money are all compatible as long as you really want to do this!