hen planning a trip, it's important to learn how to make you money last and plan your trip ahead of time, especially if you're going on a long trip or if you don't have any travel experience.
It's possible to plan your trip for just a week or two. If you want to save money then the first thing that you should do is figure out how long your trip will be. After this you'll want to find a destination that has everything you're looking for, whether its a cheap hotel, a nice resort, or a good place to hike.
How to Save Money and Plan Your Next Vacation in 2020 ( New Travelers )
It all starts with planning. You just have to remember that planning is the key to getting the vacation that you want and deserve.
Plan your itinerary
The next step is to plan your itinerary. You'll want to write down exactly where you're going to be staying for every night of your trip.
Then figure out what days you're going to be out and when you'll be staying in. There are also hotels that offer packages, but these may cost a little more than just renting a room. Some resorts have a package deal with two days, a night and a day.
So, if you're planning to go to a hotel where there are two days you'll need to know what days of the weekend will be available for these packages, as well.
Create a Travel Fund to Save Money for Your Holiday
Set up a travel funds. Have a piggy-bank - open only when you are on your planned trip. Create an Excel chart and follow a financial 30-day saving plan - the first week, set aside $100, the second week another $100 and so on until the end of the month when you finally decide to save that little bit more.
- You will soon be able to use those savings on all your travel expenses, no matter what country or region you plan to visit.
- When you set up your travel fund, you will save yourself a lot of stress from the worry of booking accommodation, shopping, eating and getting ready for a journey.
- If you spend a large sum of money on food, hotels and travel costs you will soon find yourself overwhelmed and out of cash reserves.
- A good travel money can be used to pay for all these expenses in advance, thus ensuring that your holiday gets off to a good start.
A good travel money can be used to pay for all these expenses in advance, thus ensuring that your holiday gets off to a good start.
Setting up your own travel money is also useful for your own personal development, if you have a lot of money saved up you can invest in more exciting pursuits and hobbies, whilst increasing your savings and building up your cash reserve.
Get A Travel Rewards Credit Card
Most of the airlines reward programs are very simple. Simply redeeming your miles for airfare and other purchases will earn you discounts on your flight. Many times the airlines will provide you with free tickets if you participate in their rewards program. You can also redeem your points at certain hotels.
These hotels often offer free hotel stays, or a percentage of the room rate. Some cards will also give you airline rewards if you stay at certain hotels. These cards also have a specific network of hotels that offer cash rebates to their members
If you are looking to save money on airfare, however, it is likely that you would want to look at a card that offers cash rebates or offers other incentives for travel. Some cards allow you to use your miles for things other than travel, such as rental cars. In fact, the more points that you have in your card, the more you are able to redeem your miles.
Book as early as you can. There are always special discounts offered at many online travel sites. You can also access special early booking specials, get better rooms at the cheaper boutique hotels, find more exclusive experiences, and get great rates on flights and accommodations. Cruises also release their schedules a few months before time. Be sure to check their schedules for discounts.
If you find that the hotel rooms you pay for are higher than what you would like then you should look into renting a room with a travel agent. There are many agencies that have rental units that are close by and that you can choose from. The travel agent will take care of all your needs when it comes to finding out where you want to go and what type of accommodations you will need. They will also take care of paying all of the bills on your behalf so you do not have to worry about doing this.
Eat Out Less
One of the most popular ways of saving money when you are on a budget is to Eat Out Less. If you eat out less to save money you're going to save money on the cost of food at restaurants, which are a much higher than the price you would have to pay to buy from a supermarket.
Monetize Your Skills
If you want to make a quick buck doing something that you love, you can monetize your skills to make extra money. There are several ways you can find ways to make a few extra bucks with your skills.
one example to make some extra money with your skills is to sell your own e-book. There are many companies out there that will allow you to sell their e-books for them. In many cases, these companies pay you for selling their products, so you can take the money you made and use it to pay for the materials you need to write an e-book. You could get some of the money back from the sale of the e-book.
Another way to monetize your skills is to become a freelance writer. If you are good at writing and know how to market your work, you could become a freelance writer. There are a number of different freelance writing sites that allow you to sell your work for either a set fee or a flat rate.
Quick list of Side Hustle to make extra income for you travel fund
- Interior Decorating
- Transcription Service
- Food or Grocery Delivery Service
- Teaching English Online on ( SKILL SHARE )
- Customer Interviews
- Online Surveys
- Flipping Items for Profit on eBay
- Affiliate Marketing
- Airbnb Hosting or Co-Hosting
- Renting Out Your Car
- Earning Money with Credit Card Rewards
- Book Flipping
- Kindle Publishing
- Selling on Etsy
- Selling on Fiverr
- Pet Grooming
- Pet Sitting
Quick other things to do to save money
Quick list of Things to do to make extra income for you travel fund
- Look for deals at the airline websites
- Use a travel agent
- Make sure you book early
- Ask for discounts
- Cancel Your Nonessential Subscriptions
- Read reviews and check out online forums to see what other people are saying
Grow your Travel Fund by:
Record your expenses
Budget for savings
Find ways you can cut your spending
Set savings goals
Decide on our priorities
Pick the right tools