Budget Tips By Lizzie / February 5, 2015 Share Tweet Share Think travel is too expensive? Think again! These tips on how to save for a vacation will have you traversing the world in no time. Think about it. You've got it all planned out – where you want to go, what you want to see, and how long you’re going to go for, but there’s one thing holding you back.Money (isn't it always money?). Now, travel certainly doesn't have to be expensive. In fact, there are many ways you can hop from place to place with barely a penny in your pocket but, for the most part, you’re going to need a little dough to get you started. Set a Goal First things first, figure out how much you need. Ask yourself whether you’re happy to budget your way through your trip, slumming it in hostels and eating street food every day, or whether you want a luxury experience complete with fine-dining and infinity pools. Once you've figured that out, work out how much you’ll need to spend on the essentials – accommodation, food, and transport. You don’t need to be a maths genius to know that you’ll need a lot more money if you want a five-star experience. From there you can tot it all up – tadah, you have a goal to work towards. Okay, great. But that seems completely impossible to reach, right? Wrong. Unless you really are planning on living it up like a celebrity in the world’s richest hotspots. In which case, you might want to rethink your plans a little. So, once you have your goal, the proverbial pot of gold at the end of the rainbow that is always just out of reach, then you can break things down. Figure out how much you need to save each month and then break that down into how much you need to save a week and then, finally, how much you need to save each day. It’s suddenly starting to seem much more manageable, right? Now you have your target, it’s simply a case of setting that money aside. Easy peasy. Here are some ideas for ways you can save for your trip. Make staying in the new going out This is pretty much a no-brainer. How much do you spend on a night out? I’m guessing it’s not small change. Nights out on the town are never cheap – there’s dinner to start, probably with a bottle of wine, and then, when the drinks start flowing, you lose all sense of spending. Invite your friends over, buy some cheap drinks, cook up a storm, and play some board games. Click to Tweet Nip this in the bud by replacing nights out with nights in. Invite your friends over, buy some cheap drinks from the supermarket, cook up a storm, and play some board games. Sell booty at a boot sale If you need that extra oomph to get you started, or maybe you’re struggling to reach your final goal, then consider holding a boot sale. Spend a couple of days rummaging through all your old clothes, games, accessories – anything and everything – and sell them all off at a boot sale. If you've got enough junk lying around this should instantly give your savings a much-needed boost. You could also take clothes and knickknacks to local charity shops. Move around money at the end of the month If you’re really serious about saving for your travels, set up a dedicated bank account for the cause. At the end of each month transfer any leftover money into the account – however small. It all adds up in the end and it’s motivating to see the account total steadily increasing. Swap shop-bought for homemade Let’s face it, a lot of people can’t function without coffee and a trip to the local café is a built in part of many morning routines. But think about it – how much are you spending on coffee a week? A month? Even a year?! If you’re anything like me, I’m going to go out on a limb and say it’s quite a lot. That’s okay, coffee’s great. But if you want to save money and still get your coffee fix, then swap out your shop-brought drinks for homemade flasks – or, even better, wait until you get into the office for your coffee so you’re not spending any money at all on your caffeine addiction. This also works for lunches. Do you buy lunch out every day? If the answer is yes, think about how much you could save if you pre-pack your lunches for work. You can still make yummy dishes but you’ll be adding to your travel fund whilst you do so. Win-win! Trim everything at the edges Every little helps when saving towards a set amount – you just have to get there and it doesn't matter how you do that, right?! So, if you still need to shave a few pennies off your spending each week, consider trimming all your expenditures in whatever ways you can. For example, loan books out of the local library instead of buying them, buy your clothes from second hand clothes shops (or better yet, don’t buy any clothes unless you really need them!), order water at restaurants, and limit how much you spend on alcohol. Why not start a change jar as well, which you can empty your pockets and purse into after you've been out for the day or night. It all adds up, remember! Do you really need that? The most important thing you can do when saving for travel is to prioritize it. When you’re out and about and you see the latest shiny gadget or a pair of ridiculously gorgeous shoes, take a moment and ask yourself ‘do I really need that?’ The answer will almost certainly be no, and you can walk away and continue your quest for travel! These tips are just a few ideas for how you can save money for a vacation, but it’s really all about mind-set. If you’re determined enough with your travel plans and dreams then you will no doubt find a way to raise the money for it. Get saving and get traveling! Are you saving for a trip? What ways are helping you save the pennies?