How to Save Money For Your Next Trip

Consider the Turkish Mediterranean as you save money for your next trip
The beautiful waters of Oludeniz, Turkey (photo: Dave Lee)

Traveling is expensive, or, at least, that’s what everyone says. Backpackers, though, know the myth doesn’t have to be true.

Many people of limited means and small savings have found a way to take a trip around the world.

There are many easy ways to save money for your next trip; you only have to be disciplined and keep the big picture in mind.

The tips below apply whether you’re saving for a two-week vacation, a two-month journey, or an around-the-world adventure.

To give your real-world examples of the advice in action, I’ll share how I saved for my eight-month trip to Europe.

Establish Your Ultimate Financial Goal

The first step is to determine the total amount you’re trying to save.

This number is the culmination of all the research you did to come up with a travel budget.

Don’t worry if it’s a significant number. The longer your trip, the bigger it will get. However, we’ll show you how to approach it…

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