Want to travel but don’t know how to fund it? Check out these viable ways to finance your dream vacation!
We’d all love to travel the world if we could, but the only problem is always the money, isn’t it? Well, you’ll be glad to know that money doesn’t have to be a problem anymore. There are many ways out there through which you can make enough money to go wherever you want whenever you want. It’s all about keeping your eyes open for opportunities, never discarding any options, and seizing what’s best for you. The following list will show you that you don’t have to be getting paid to travel the world to actually pack your bags and hit the tarmac.
DITCH THE DEAD WEIGHT
If you’re planning to spend a long time traveling, it’s time for you to consider selling your car or your motorbike. While on your travels, your vehicle will be parked out in the street or in a garage, but that’s not all. It will be depreciating in value, collecting dust, rusting away, and if it’s in the street, you will be risking theft. On the other hand, if you sell, you’ll get a lump sum of money that you can divide between your travel costs and a savings account. This way, your idle money will also be working for you, generating interest on the side.
After you’ve sold your vehicle, why not sell the rest of your stuff? The cost of an old DVD can cover your transportation pass for a day, and you’d still have enough money to buy a snack, depending on where you’re traveling.
CAPITALIZE ON YOUR TRAVELS
This isn’t the same as getting paid to travel, bear that in mind. While getting paid to travel means that you won’t be financially independent, capitalizing on your travels is all about independence. Picture this, you’re in the country of your choice, you log on to your blog or website, and you write a short piece about your restaurant recommendations in the area. At the bottom of your webpage, a paid advertisement.
Although this is a plan that you will need to start working on before you actually travel, it is not that difficult to get the hang of it. All you need is a website, which might take some money to set up. However, you can’t go wrong with getting a loan online, which you can always pay back when the money from your car sale comes through. From there, you’ll need to figure out the type of content you will be offering, your tone, and the type of advertisements you’re willing to have on your page. This could be anything, from links to product endorsements to pop-up advertisements, and so on. Once your website is up and running, there won’t be a limit to the potential financial gain you can acquire.
BUSK FOR YOUR LIFE
If you can play an instrument or if you’ve got yourself an attractive talent, you could always break out the ol’ hat and hit the streets. If you know how to gather an audience and how to show them a good time, you’ll make quite a good sum of money, but it shouldn’t stop there. First off, you’ll need to check out the busking laws in the city you’ll be residing in. From there, you can turn your busking into a whole side-career. If you create a page on social media platforms, then link that to your website, you’ll significantly increase your web traffic.
You can earn even more money if you decide to sell some of your art online. All in all, while this might not be enough to cover the cost of your plane tickets, it will definitely be enough to cover your cost of living, though it is an unstable way of making a living so, remember to take that into account.
RENT OUT YOUR HOUSE
If you happen to own your house, you’re in luck. When you travel, you can rent it out through a rental platform that guarantees secure money transactions and connections. You can manage your account from wherever you are in the world. If you install an electronic lock on your door and change the password every time a new renter comes in, you’ll be good to go. Although, you should keep in mind that you will have to hire someone to clean up the place after each check-out.
It’s important to keep in mind that there’s more to funding your travels than saving and making money before traveling. A significant part of the funding process takes place during your travels. While you should try to experience as much as you can on your travels, you should also try to limit your expenses, opt for the cheaper options, and spend smart. With these tips in mind, you should now be ready to cross the next trip off your bucket list.