When I decided that I wanted to become a travel writer, the first response I got was my wallet. “Hey, remember me? I’m empty…” it said. After taking it out and looking inside, I found it was right. But that can’t stop me! If I truly am passionate about traveling, I will find a way. And a way I have found!
My first tip, when talking about saving for travel, is that you truly are going to have to limit your excess. However, I am a student with a work study position, so if I can do it, so can you!! Excess in your life might be movie tickets, eating out too often, the expensive drink at the coffee shop, not grocery shopping wisely, ect. If you feel like I’m pointing a finger at you, please note that this post is created from personal experience! So first you’ve got to create a budget! I truly recommend finding an app (free) that works best for you! You’ll always be able to check it really quick when in line for coffee, so you know how much is left. This budget goes super well with my next point…
Decide how much you are going to save, and actually do it! As a student I can set up free checking accounts at US Bank! I set up an extra one, and now I deposit $150 of every pay check into that. If you have more time than me, or more money, your deposits may fluctuate! This has worked great for me though!
In addition to saving, find an extra source of income! Find something that you like to do/are good at, and find a way to turn that into profit! For example, I discovered that I love to embroider and I am really good at it! So I created my own Embroidery Etsy account, linked it to my new savings account, and boom! More money going into my savings. However, if you are a student I strongly recommend that you chose something flexible or available on weekends so that it does not detract from your school work!
So you have your savings account, but how much do you need and when do you need it by? It’s time to PRIORITIZE! This is the most important step in saving for travel, because if you buy a brand new backpacking backpack and new hiking shoes but can’t buy your plane ticket, where are you going to travel to? Backyard it is. Prevent this from being you by prioritizing you purchases! Personally, my list goes as follows:
- Plane Ticket
- Train tickets for weekend travel
- Hotel purchases
- New leather chacos for walking around (I have zero nice shoes)
So create your own list, and go for it!
- Limit excess
- Create a budget
- Start a savings account
- Find a new source of income
- Prioritize purchases!
I’m sure there are many more things you can do, but this is what I have done and it has worked very well! Comment any questions you might have!