Monday, March 30, 2009

Advice and Tips on How to Save Money for Traveling

By Matthew Kepnes

One of the reasons that people tend to avoid long term travel is because they think it is expensive and feel they will never save enough for a trip. That is not true. One of the greatest myths of travel is that it is expensive. People assume that to travel you need to be rich because all people see are advertisements for expensive vacations and assume all travel is like that. But it isn't. In fact, travel can be quit cheap. You can travel around the world for under $15,000 dollars for one year of travel. If you only visit cheap countries, you can do it for even less.

$15,000 dollars sounds like a lot of money right? Sure it is but in terms of living off just that for one year, it's quite reasonable. You probably spend more than that already. It also sounds impossible to save but you're wrong again. There are plenty of ways to save that much money in a year. It simply requires persistence and making saving money a habit and priority.

That sum of money works out to be around $1,200 US dollars per month and there are many ways to save that. Think about how much money you spend per month and how much you save. If you save 500 dollars, then you only need to find another 700 dollar per month. Do you think there is an extra 700 dollars in your budget? I know there is. You just need to find and cut the fat.

Cut out your consumption and buy only things you need. That is the real secret to saving for a trip around the world. Buy only what you need and save the rest. People spend hundreds of dollars a month on little things that they don't really need- DVDs, music, movies, drinks, and a lot more. All of that adds.

There are a lot of ways to save money. The trick is to be less of a consumer. People love to buy things and spend money but you can't. It is just wasteful. Think of the larger goal. You are going to travel around the world. You need to make a budget of all the things you spend money on and cut out all non essential items. This will help you save. It's easy if you just trim the fat and consume less.

If you follow the tips from above, there is no way you won't be able to save for your trip. Your friends might not see you for a long time and you may be brown bagging it to work a lot but in the end you will be traveling around the world and that will be worth all the sacrifice you did. No guts, no glory. No saving, no traveling. - 16887

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