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What's up guys?
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Today I'm going to be sharing my top 25 tips for saving money for travel.
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I'm really hoping that you'll be able to add a few of these tips to your arsenal
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and make that dream trip of yours a reality.
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We all dream of travel, right?
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Whether it's a simple weekend getaway or an around the world trip, we all yearn to escape,
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disconnect and enjoy life to the fullest.
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Some might tell you your dreams are are too outlandish, too expensive, or simply unachievable.
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I disagree.
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What many of us fail to realize is that these crazy travel dreams of ours can be made a
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reality by simply setting goals and working hard to reach them.
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Are you ready to learn new ways to save money for travel?
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Great, then let's get started.
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Number one, cut your habits by fifty percent.
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You wouldn’t believe how much you can save by cutting your habits in half.
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When I say habits, I mean things like coffee, cigarettes, alcohol, eating out and more.
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The idea is that these habits you do every single day, if you could cut them in half
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you could save yourself a ton of money.
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Track your daily spending. You could download a budget tracking app on your smartphone or
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simply create a GoogleDocs spreadsheet and document every penny that you spend.
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Yes, it’s a lot of work but at the end of the month you can look back and breakdown
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the numbers of what you spend on a daily, weekly and monthly basis.
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Once you figure out how much you're spending on a daily basis, do yourself a favor and
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set a goal and try to cut down your costs by a few dollars per day.
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Think about it this way. If you cut down $3 dollars off of your daily average, you'll
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have $90 dollars extra at the end of the month. That's almost one hundred dollars of savings
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per month with just this method alone.
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Avoid dining out! Now, this one is going to be tough for those of you who work all day
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and when you get home you just don't feel like cooking. But, if you're looking to cut
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back costs, you know yourself that you shouldn't be eating out.
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Instead of dining out, head to your local grocery store with some of your favorite meals
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in mind, get the things that you need and cook them at home for the same price and you'll
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have a weeks worth of meals.
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Use coupons. You don’t have to feel like you're being a cheapskate by using coupons.
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It’s not called being cheap, it’s called being smart!
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Find promo codes before shopping online. If you're an online shopper, be sure to scour
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the web for promo and discount codes before you finalize your purchase.
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Some of the best places to find discount codes these days are: RetailMeNot.com, Coupons.com and Ebates.com.
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Sign up for email newsletters for your favorite stores, restaurants, airlines and more.
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Before you know it, you'll be receiving discounts, promo codes, and other great deals directly to your inbox.
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The best way to do this is to create a separate email address just for newsletter signups
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so that you don't get 100 emails a day to your primary email account.
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Unplug Everything. Yeah, I’m serious about this one. Unplug anything and everything in
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your house that you’re not currently using. I started unplugging everything around the
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house a few years ago and I saw immediate results and of $50 per month or more of savings.
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The easiest way to tackle this is to pick up a few cheap power strips, plug everything
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into them and with a flip of a switch you can turn everything off in one switch.
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Sign up for a free checking account with Charles Schwab. Charles Schwab offers a free checking
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account with no minimum balance, no fees, and also allows you to take money out of an
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ATM anywhere in the world for free. That's right, no ATM fees worldwide.
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Cancel Cable TV! Do you really need 151 channels? Once you figure out how many channels you really need,
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call your cable company and try to renegotiate your contract.
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Sometimes a quick call to customer service can save you a lot of money.
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Avoid going to the bars. You and I both know that most people spend about fifty dollars
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on average per night on a Friday or Saturday night. Go out twice per week and that's one
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hundred dollars per week, which is four hundred dollars per month. Instead, grab a six pack
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or twelve pack. Head back to the house, have some snacks, have some friends over and have a good time.
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Downgrade your cell phone plan. Do your really need 1200 minutes per month?
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Figure out a monthly average of how many minutes you use and how much data you use and adjust your cellphone plan accordingly.
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If you're one of those people who only use your phone for emergency purposes,
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maybe a cheap pay as you go plan might suit you better.
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Downgrade your gym membership. Are you currently paying $75 or $100 per month for your gym membership?
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If so, you might want to go check out if there's a Planet Fitness near you which
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is like $10 per month. If not, you could always look for other gyms that offer specials to new members.
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Got skills? Pick up some freelance work.
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Move home. I know, moving home can be dreadful but it can also save you a ton of money.
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If you can finagle a way to move home without sacrificing your sanity, do it!
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Sell your car and buy a bicycle. Not only is a bicycle going to save you a lot of money
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in the long run, it's also a great way to stay in shape.
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Cut your own hair, like I do. Or, find a friend who can cut your hair for you.
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Stop buying books. No, I'm not saying don't read books, I'm saying go to the library and
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borrow the books.
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Got a bunch of old clothes that you never wear? Bring them to a local consignment shop
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and make a few bucks on the things you'll never be using anyway.
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Downgrade your living situation. Okay, so maybe you can't move home with your parents.
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No problem. But, are you spending more money than you need to on your current apartment?
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Take a look on Craigslist or even ask some friends if they know of any cheaper places
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Stop going to the movies. You could wait until the movie comes out on Netflix or Redbox
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or you could stream the movie illegally online. Not that I condone that type of behavior.
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Got a spare bedroom? Rent out that extra room to a family member, friend or maybe even someone from Airbnb.
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The last four tips were submitted by some of my followers.
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Kerri says, start a $5 jar. Every time I have a $5 bill I put it in a jar instead of spending
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it. It becomes a fun little game and it adds up much faster than you'd think.
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Kimberly recommends that if you get a raise at your job, don't add it to your current
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budget, stick it in a savings account for your travels.
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Gisela recommends that you make your coffee at home. That's another great tip guys. Making
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your coffee at home will save you a ton of money. The money that Gisela saves on not
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buying coffee out, is the same money she puts into a jar that funds her travels.
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The last tip comes from Annie, a long time follower of mine. She says that everytime
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she cusses, she puts $5 in a jar. I don't know about you, but I would have like ten
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thousand dollars saved up if I was to put $5 in a jar everytime I cussed. I cuss a lot!
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Annie also goes on to say that you really just need to cut out everything you can live
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without. Now, figuring out what you can live without can be tough, but once you do figure
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that out the savings just start to add up.
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Well, that just about wraps up my top 25 tips for saving money for travel. I really hope
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you guys enjoyed this and I hope you found the video to be helpful.
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Do you have any tips for saving money for travel? Leave a comment below and let me know
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your best tips for saving money for travel.
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Oh, and one more thing. I just want to let you guys know that I'm going to be starting
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to create two new videos every single week from now on.
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One of the videos is hopefully going to be a vlog style video. It's going to be me taking
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you on an adventure of some sort here in Mexico or where ever I am in the world. I'm going to take along with me.
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The other video, most likely gonna be informative, whether it's a travel tip or a travel Q&A, or whatever. Something like that.
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I'm also going to throw some review videos in for products I really love and really enjoy using.
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So, if you think you might be interested in following along with me, you must subscribe to my channel.
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All you need to do to subscribe is to click this little button right here
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or in my outro there's a button that says subscribe, damnit. Click that button and you'll get all my new videos in your inbox everytime they get uploaded.
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Thanks again for joining me and I'll talk to you guys soon.