How Can I Fund My Future Travels?

December 13, 2021

If you have been bitten by the travel bug, you may be eager to set out on your next big adventure. However, for you to be able to do this successfully, you may need access to funds. These can help to pay for a passport, the mode of travel itself, accommodation, and even the means of survival when away from home. Considering the ways that you can accrue these funds can help you bring that dream closer to reality.

One of the first things you may want to consider is starting up a pool of savings. This could be useful if you also have other monthly expenses you need to factor in. Looking into saving in an ISA here could make a big difference to your travels. You may want to consider how much money you will need, to help you set a reasonable goal. From here, you can then put money into this savings account, as and when is feasible depending on your other outgoing costs, and watch the money slowly increase. The increase can occur due to interest, which may be paid into the account on a monthly or yearly basis. While this may still take some time, learning to save money can be a good habit, both to facilitate travelling, and to help you with life itself.

There may also be a number of items within your house that you don’t want, need, or simply cannot justify keeping. Rather than putting these items in the trash, you may be able to get some money for them. Setting up a garage sale outside your home could be an easy method to get rid of unwanted clothes, furnishings, or even appliances. If you prefer, you may also be able to sell them online, however you might want to factor in whether you set the items to collection only, or adjust the prices to include a shipping fee. It is important to note that some providers may charge a fee for their listing, so you may not always receive all of the money that is made on a sale.

You may also want to think about ways that you can drive down the initial cost of your travelling. While this could involve altering your destination, or the duration of your stay, you could also find ways to gain extra funds during your travels. Some people like to go away for weeks or months at a time. To be able to afford the essentials, as well as excursions, they may opt to work while abroad. There may be a number of temporary roles that are available to you, such as working on farms, or even teaching English to residents. 

Considering the cost of your travels, as well as how you can find that money, can allow you to set a realistic departure date. By thinking about this well in advance, you may also be able to achieve your dream without needing to take out a loan to do so.

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Andi Perullo de Ledesma

I am Andi Perullo de Ledesma, a Chinese Medicine Doctor and Travel Photojournalist in Charlotte, NC. I am also wife to Lucas and mother to Joaquín. Follow us as we explore life and the world one beautiful adventure at a time.

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