How to Save For Your Big Trip

How to Save For Your Big Trip

If there would be one reason to crown as the top excuse people make not to travel (even when they really want it)., that would more than likely be the fact that travelling is expensive. And yes, it can be quite pricy when you are up for a luxurious cruise or when you want unlimited spending.

But if your main purpose is experiencing new places, new cultures and new people, travelling can be as expensive or as cheap as you want it to be.

How to save money for your big trip, though? Read on and find out more.

Have a clear goal in mind

Simply “saving to travel” is not enough. You should pick a location (or more) and you should start analyzing how much money you need to get there and experience what you want to experience. Not setting a clear goal has the immense risk of making you drift away from your dream, so it is important that you have a clear “number” in head when you start planning for your big trip.

Stop buying what you don’t need

One of the main issues with modern society (and especially in the Western Hemisphere) is that we very frequently find ourselves buying things we really, really don’t need. We buy them because they are on sale, because they look nice, because we are bored, or, ultimately, because we would want those things (and not necessarily need them).

That pair of shoes may have been just $50, but add that up with every weekend you spend money on, with every other pair of shoes you have bought and never worn and with all the other small, but unnecessary expenses and you will surely be able to save at least a thousand dollars just by leaving all this behind you.

Get a travel rewards card

Credit cards don’t have to be evil. But we have to be very careful with how we use them. As long as you use your credit card responsibly and close it in full at the end of each month, this tiny slice of plastic can provide you with plenty of benefits. If you are looking to get a credit card, you can make use of a resource like this interest calculator over on SoFi to work out just how much you will be paying each month, so you can be sure that you can afford the repayments. A credit card can make it safer and easier to buy what you need, it can increase your credit score and, in the end, and it can even give you some nice travel miles or rewards as well. These “points” will add up and they can save you important sums of money on transportation and accommodation. 

Use a grocery shopping list

Yes, doing something this small can save big for your trip, so it is more than worth trying it out. Going to the grocery store without a list can feel tempting and it can push you into buying a lot of food you don’t need. Furthermore, it can also trick you into buying items that are more expensive for no apparent purpose.

Pair a grocery shopping list with some coupons and you will maximize your savings every single time you go to the grocery store!