How To Raise Funds For Travelling October 30 2018, 0 Comments


That plane ticket doesn’t come for free...

Travelling the world can be an expensive pastime. Unless you are one of the lucky ones who have a gifted fund to get on the road with, you’ll have to commit to saving. And this takes up a lot of time and effort. But if your heart is set and your mind made up, then the only question left is how will you get your money.

Hard Work and Saving

This message might not sink in straight away, but take my word for it; saving money to travel is not easy. It’s going to take dedication on your part to make the lifestyle changes needed to make it happen.

The good news is, when you finally step out of that door and onto a plane, it will all be worth it. In other words, hard work now will lead to a more rewarding and meaningful trip later.

There’s no magic formula for saving, but really it depends on your ability to:

a) Increase your earnings
b) Reduce your expenditures

If you can do one or both of the above, then you will have extra disposable income, which you can then deposit into your travel saving funds.

You can increase your earnings by taking on more hours or an extra part-time job. Your life will be full of work for a while, so keep your mind on the end result and remember where you will be going – whether it be the Bahamas or Tokyo.

You can reduce your spending by making simple cuts – have one less coffee on your lunch break, cycle to work instead of taking the train, or cook instead of eating out.

Innovative Ideas For Raising Funds

It’s not recommended to use credit cards to travel, unless you’re absolutely confident that you can make the repayments on time. If you do miss payments, this can affect your credit rating in the future, and it may be difficult to get a mortgage business loan. It’s still possible to get short-term loans with bad credit with companies like Spotter Finance.

In a way, hard work is the easiest, or at least the most reliable way to save up for
travelling. That doesn’t mean to say there aren’t other methods to raise money.

You could start out by selling all of your unwanted stuff! The moment before a long travel trip is the perfect time to open up a garage sale, and make a bit of extra money. If you have a home or room, rent it out for the duration of the trip. This in itself can earn you enough for your daily costs abroad.

It’s also possible to turn the travel trip itself into a work adventure, making money as you move around the globe. Seasonal work such as fruit picking is available in many countries, though it tends to be back-breaking. Summer camps are a good choice, and you could also utilize existing skills to teach English, or cook on a cruise ship.

The possibilities are endless, and you don’t actually need much money to get going. It all depends on how you travel, but you can live well even on a budget with a little ingenuity. For example, platforms like Workaway and Woofing offer the chance to swap a few honest hours of work a day in exchange for bed, food and friendly hosting.

Remember to keep your money and belongings safe when you travel. Always keep possessions close to you and well concealed. You worked and saved hard to get your travel funds, so now it’s your job to make sure you look after them while you have the time of your life!