Traveling regularly is expensive and a lot of people think that they just can’t afford it but that’s not always the case. If you’re in financial trouble then it might not be the best time to spend money on expensive holidays. But in a lot of cases, the reason that you can’t afford to travel is that you’re making bad financial decisions. This can easily be undone. If you haven’t been able to get the money together to take a trip for a few years, these are some of the reasons why.
High Interest Debts
If you’ve got a lot of debts and you’re making high interest repayments every month, all of that money that you could be saving for a trip is getting eaten up right away. Clearing those debts as quickly as possible is the best way to start freeing up more money for traveling. The first thing to do is make a budget and cut out any unnecessary expenses.
This way you can pay down your debts as quickly as possible. However, if you need to borrow money sometimes to get by, you should try getting lower interest loans so you’re not burning as much money. The reason that you’ve got high interest loans is that your credit score isn’t good but there’s something you can do about it. There are credit cards for building credit scores specifically which you can use to improve your financial health and get lower interest loans. Just start making some small purchases on the credit card. Then pay off the balance right away, you’ll soon see an improvement in your credit score.
Not Searching For Deals
When you’re trying to book a trip, how long do you spend looking for the best deals? If the answer is not very long, you probably can afford to travel, you’re just looking in the wrong places. There are great sites like Skyscanner or Lastminute. Here you can find the cheapest deals and make travel far more affordable. Places like Airbnb are also good for finding cheap accommodation. If you’re not taking the time to plan your trip and search for the cheapest deals, you’ll never be able to afford to go away. You can cut the cost of travel by so much. Suddenly a trip that you never thought you could afford is well within your means.
If you’re still worried about the amount of money that travel is costing you, you can make it a whole lot more affordable if you consider working while you’re out there. A lot of people are put off this idea because they don’t think that working sounds like much on a vacation. But you don’t have to work the whole time. If you can get a few weeks work that will cover your spending while you’re out there. And even some of your accommodation. The whole trip will be far more affordable. You can usually find work teaching English as a foreign language or even something simple like working in a bar.
Think again before you say that you’ll never be able to afford travel. Most people can but they’re making these mistakes.
Disclosure: This is a contributed post and may contain affiliate links