The key when it comes to save money to travel is to be smart. You have to be smart with your money.
It’s usually difficult because nobody taught us how to manage our money. As best seller author Robert Kiyosaki says, education is shit, because it doesn’t teach kids what is the money, how to manage it and how to spend it.
That is why most adults get into debt and never are financially free.
You want to travel more and know you need to save money for that. That’s good.
The thing is that you will have to learn it for yourself.
And saving money is about habits that you develop over time. You don’t get your shit right in one day. It will be difficult, you will be lost sometimes.
To take control of your money and your finances, you will need to develop a lot of good habits that you don’t have right now. If you don’t have them, you can’t save money to travel.
In this post, I am sharing the 4 most basic tips you need to know to take control of your money. This is essential and you need to know (and do) this if you want to save money to travel (and for any other thing, actually).
Tip 1: Be Responsible and Commit to It
As I said, nobody teaches us money management. You have to learn it, and it is a hard thing to learn. A lot of people lose money in the process.
If you want to control your finances, you will need some financial habits. And you should start right away.
You can’t spend money without thinking anymore. You have to be responsible with your money.
If you don’t take care of your money, nobody will.
In fact, people want to take your money. So the first thing you need to learn is to be responsible about your money.
This demands sacrifice, and that’s why just few people succeed in it. You need to have the right mindset, you need to make a long-term commitment.
It will be hard, and there will be times when you will fail, that’s why it is important your mind stays strong. It won’t be easy, but you can do it.
You will succeed if you really want it. It’s like anything you want. If you truly want it, then you will do everything you need to do.
So you want to travel more, and realize that you need to save money for that.
Well, you have to take control of your money in order to save more. And it won’t be easy, but you will do whatever you need to do.
Remember your goal: travel more. That’s your motivation. Taking control of your money and saving is just a way to get to travel more.
Remember this all the time, especially in the hard times. You are doing all this to save money to travel. That’s it.
Tip 2: Know What You Are Spending
So this is basic. If you want to save moneyto travel, you have to know where your money is going.
What are you spending money in?
Why do you end up with just a few bucks after paying the credit card?
Some people doesn’t even want to look at their bank balances. This is the worst thing you can do.
You need to know where your money is going.
Sorry, but I can’t stress this enough. If you feel embarrassed when you look at your bank balance, good. You are in the right track. You need to change that as soon as possible.
Start tracking your expenses. Write down everything you spend money in. Check your bank and credit card balances.
You heard this lots of time. I get it, but most people think that and never do this. You need to do this, and you need to do this everyday. Write down ALL your spendings. And I mean it.
You spend $1000? Write it down. You spend 50 cents? Write.It.Down.
It is the only way, you are the only one who knows what you spend money in. You will be surprised at how much you’re spending in shit you don’t need.
So do it. Track all your spendings, and start now. The sooner you start, the sooner you will be on the right track. You need to do this if you want to save money to travel.
Tip 3: Find The Shit You Don’t Need and Things You Can Cut
So know that you know what you are spending, you need to know how you are spending it.
You need to know which things are shit you don’t need and you can cut right now, and which things you can’t.
The first thing you can do is make a list of things you need and things you don’t.
Seriously, grab a piece of paper and a pen and make these two lists. But you have to be completely honest.
Do you really need all those things you are writing in the “Need” list? I bet you don’t.
So take a better look.
I know it can be hard, but remember. You are trying to save money to travel. All this is to travel more. That’s what you’ll get.
Once you have your “Don’t need” full of shit you don’t need, focus on the “Need” list. Take a look at those things and analyze each one of them to see if you can cut some of them and spend less.
Tip 4: Have a Plan for Your Money
So a new month starts, and you pay the rent, the credit cards and some loan you have. The money left is what you get for the month.
You need a plan for that money.
You have to know how you will be spending that money ahead of time, before the month starts.
Allocate some money for going out with friends, some money to buy electronic stuff, and whatever you want to spend money in.
The only rule here is to stick to this plan. If you allocate $100 for going out with friends, you can’t spend more than that.
And that’s it. You have to control yourself. It will take time, as any good habit, but you will learn to do it and this way you have full control of your spending.
If you stick to the plan, you always know exactly what you will get at the end of the month.
Bonus Tip to Save Money to Travel: Sell Things You Don’t Need
I am sure you have a lot of stuff in your home that you don’t need and it’s worth good money.
Having that bicycle you never use won’t help you to travel, but if you sell it and get $100, now you have money you can use to travel.
There are not excuses. You take a few pictures with your phone, you take 5 minutes to post the item on eBay, Craigslist or whatever you like, and that’s it.
So make a list of things you own and don’t need, and start selling them right now. You may even pay your ticket with that money.
Start Right Now!
I have said it many times, but this is the most important part: start right now. Don’t lose more time. The sooner you start, the sooner you will get results.
I hope you will find this beginner tips useful. Let me know if you put them into practice and how you are doing with them.
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