Many think that traveling is a luxury which can be done only if you have loaded pockets. Wrong! It is possible to travel the world on a shoe-string budget too. If you’re planning to travel long-term, then a travel budget is essential as it will eliminate the stress of running out of money. So, how to do it? Read on to find tips and tricks on how to create a travel budget.
Determine Daily Travel Budget
Yes, budgeting is necessary even when traveling. Consider the duration of your stay and determine how much you need to spend each day to stay within your budget. Include the accommodation and activities you plan to do during the trip. If you overspend a few days, balance it out by under-spending on another day. You can use apps to track your budget and to ensure that you stick to the planned budget.
Crowdfunding is a fantastic way to raise the money needed for travel, but there are other tried and true ways to save and earn the money you need. Budgeting for a trip can be daunting when you add up what you expect to spend on transport, food, and lodging. However, if you use these money saving and earning tips on your travels in conjunction with good budgeting skills, you’ll find that traveling the world does not have to be as costly as it might appear.
There are a surprising number of opportunities to find free lodging on your travels. Whether it be through actual couch surfing using websites or apps devoted to the practice or good old fashioned networking to find places to stay, you can avoid costly hotels. Hostels are always a solid option, as it is essentially couch surfing with a minimal fee, but if you’re looking for a totally free stay, there are still options.
Travel is by far one of the best ways to get in touch with not only yourself, but the world at large. As we all know, however, funding that travel can be incredibly challenging, especially if you have any significant amount of debt to contend with. Luckily, there are ways to get around figuring out how to travel the world with no money, like travel grants, volunteering with international aid organizations, or teaching English as a second language abroad.
I ended up going with the latter, and it was one of the best travel experiences I’m ever likely to have. Not only was I able to experience vibrant culture in my year teaching, but I was able to pay off a decent portion of my student loan debt while also saving money for my return stateside. This wasn’t a particularly easy thing to do, but it is very possible if you remember a few key things.
One of the advantages of freelancing is that you are not confined to your office. Instead of spending days in the office from 9 am to 5 pm, a freelancer works any time of the day and anywhere – in a café, in a park or at an airport in anticipation of a flight. You can record a webinar, conduct an advertising campaign, polish your website and all this can be done on the way to Paris or Bangkok.
With today’s challenging economy, freelance and travel can be the best way to simultaneously enjoy life and make a living. The main question: how to freelance effectively while traveling?
Here are the ultimate tips on how to combine freelancing and traveling:
1) The most important thing is to allocate hours that you will dedicate only to work while traveling. At this time, no one should disturb you. Neither relatives, nor pets, nor TV shows. For example, I work for 2 hours in the morning and 2 hours in the evening. During the day, I do personal things. During my freelance hours, I do not check my personal mail or messages, and I answer only urgent calls from my business customers.
“There are three things in the world that deserve no mercy, hypocrisy, fraud and tyranny.”
– Frederick William Robertson
You’re on vacation in a foreign country. You check in to the hotel, leave your luggage in your room, grab the most needful items and go sightseeing. There’s so much to investigate!
Once you’re out, you notice a souvenir shop with cute backpacks. “I need to have one,” you think. In this very moment, you remind yourself you’ve only US dollars in your purse. “Right. I need to find a currency exchange.” You look around, notice at least three, and choose to go to the closest one.
Once you get there, you hand in $100 and receive some money in the local currency. “Perfect! Now I can buy that backpack!” you think. While you’re walking down the street towards the shop, elated, you pass by another currency exchange. You stop to check their rates and realize you’ve just been conned.
Does this situation sound familiar?
How To Avoid Getting Ripped Off By A Currency Exchange