I never stop thinking about where I’m going to go next and love making travel plans, but that means I always have to be saving money too. First thing’s first, anyone who wants to go travelling needs to realise that saving money can take time and is something you need to really stick to.
1. Work towards a dream destination
It’s so important to remember why you’re saving money in the first place. Decide on where you want to go and then think of it every time you’re feeling low. It will all be worth it when you’re lying on a far away beach somewhere drinking cocktails.
2. Find cheaper alternatives
We get into habits and routines meaning we end up buying and doing the same things, but often there is an almost-as-good cheaper alternative. Instead of driving everywhere maybe you could get the bus 2 days a week, and instead of buying your lunch every day, maybe you could make your own the night before.
3. Home beauty treatments
Beauty treatments like getting your hair and nails done can be expensive, and will save you a lot of money if done at home yourself. There are loads of really good hair dye kits available now, and painting your own nails isn’t hard but could save you a good £20 a month (that’s £240 a year on nails alone!).
4. Savings account with high interest rate
Do some research before you settle for any old savings account, as interest rates can vary dramatically. Once you’ve opened one, decide on a realistic amount you can save each month and set up a standing order. If it’s all handled for you, you’ll just see your savings begin to stack up nicely, plus interest, without doing anything.
5. Cut back where you can
Always have your dream destination you’re working towards in mind when deciding whether to cut back. Do you need that fancy coffee? Do you need those new shoes? Do you need another night out? Instead, add up how much all these things would cost and you’ll be surprised how much you could be saving.
6. Sell things you don’t need anymore
Like most people I imagine, I have heaps of stuff I either don’t wear or don’t use anymore. Car boots are great for selling lots of small bits and bobs, Depop is a really good app for selling clothes and eBay is the best for any items you could make a bit more money on.
7. Eat at restaurants less
Eating out is my go-to for catching up with friends, but it’s amazing how much you can spend on restaurants every month…Consider doing something cheaper like ordering in a pizza, having a drink / coffee or just going to the park if it’s nice weather.
8. Make extra money for your skills
If you’ve got a skill like writing, photography, graphic design, craft making etc. put it to use and get paid for it. Find your audience wherever they hangout (LinkedIn, Instagram, Facebook groups, Etsy) and work freelance to bring in some extra cash on the side.
Small changes can go a long way in saving a lot of money, and if you always stick to this mentality you’ll be booking your travels sooner than you think. If you have any questions, send me a message!