Sometimes planning for a trip is half the fun (well, maybe 1/8 of the fun – the actual trip is pretty amazing!) and this can take weeks, months or even years to come to fruition. What with the initial choice of where to go, when to go, what to see and for how long, it’s easy to see how sometimes the biggest issue gets pushed to the back burner because, let’s face it, it can really kill your enthusiasm.
I’m talking about how exactly you are going to pay for the whole thing?
If you’re like most people out there, a savings account is good for keeping your money safe until you need to start booking things. Sure, you could go beg on the street, steal from friends and family or hope to win the lottery, but unless you’re more cunning than the typical would-be traveller out there, sticking a bit of money into a savings account whenever you can spare it is your best course of action.
Do you have a job? If no, get one – you need money coming in. Once you have a job, figure out how much you have left over at the end of your paycheque and put most of that into your savings account. If you’re not saving fast enough, try cutting back on unnecessary expenses like eating out or clothes shopping (you probably have enough jeans!). The money you have coming in to your chequing account can then be put into your ISA (Individual Savings Account) and set aside from your ‘regular’ money. Deducting a little here and there can add up quickly and having an ISA could help you watch your savings grow.
Instead of asking for physical gifts from people for holidays like your birthday or Christmas, get them instead to give you a bit of money that you will put directly into your trip fund. Come up with creative labels for these cash gifts like ‘Italian Gelato Fund’ or ‘Bullet Train Money’ so people know what their money is going towards. People that are reluctant to give gifts of cash are more comfortable with the idea if they know it’s going towards something meaningful – and you can’t get much more meaningful than travelling the world!
Maybe you find saving difficult because once you have a bit of money in your possession, be it in hand or in an account, you have the tendency to spend it. If this is an issue for you, simply go into the bank and have them make it inaccessible from your debit cards, which will make it harder to spend on impulse purchases.
The world is an awesome place that no one in their right mind should pass up a chance to see. With the right mix of inspiration, some money in the bank and your own unbridled enthusiasm, you can be sure you have all the tools you need to get out there and see all that the world has to offer.