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