Budgeting for travel

I thought I’d write a post about budgeting for travel, because it’s something I struggle with, but it’s also something I consider to be very important.

Because I really want to book my flights and accommodation in March – for travel in May – and still return to study, I am doing as much as I can right now to help myself out.

Here are the methods I’m currently using to help fund my next adventure:

 

  1. Have a savings plan

When I worked full-time, I would put a certain amount of money each pay day into my savings and that worked well for a long time. However, in the last six months, I’ve gone from working full-time, to studying full-time, and now working part-time. Studying and only having part-time work make it difficult to save for travel. Not to mention credit card bills, regular bills and food. Even if you only put $20 per pay into your savings, it’s still something. It adds up over time, as long as you don’t talk yourself into using that money for something else.

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2. Take on extra work/overtime

At my old job, I would do overtime when it was offered to help fund holidays because I would make a much higher hourly rate. It was exhausting work, but worth it.

At the moment I’m taking on as much work as I can until I return to study Vet Nursing in March. My ‘normal’ work week is only three days, but luckily I keep getting asked to do extra and I never say no. I am very fortunate in that I’ve been asked to stay on at my job and work weekends after I return to study, instead of finishing a fixed-term contract at the end of February.

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3. Freelance work

I made myself a profile on Upwork in December and didn’t do anything with it, and then  a few weeks ago I received an invitation for an interview. I’m now doing 2-3 hours per day in a help desk/customer service role, which is mostly answering email queries. I set my hourly rate low, but it’s extra money that I am putting towards my Bali holiday in May. It works well because my normal work day is either 7am – 3.30pm or 7.30am – 4pm. Then I do 5-7pm at home.

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4. Sell stuff you don’t need

The other thing I’m doing at the moment is finding stuff around my house to sell, such as a tablet I don’t use, an old laptop, useless bits of furniture and things that have sat in the garage for a couple years. What’s the point in hoarding all this junk that I clearly don’t use?

In New Zealand we typically use a site called TradeMe (a bit like Craigslist) to buy and sell things. Some of my stuff is just listed at a $1 reserve, because then I’ll at least get something for it, rather than having to pay to dump it.

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5. Cut down on expenses

Most clothing items I buy are from an outlet mall that’s located near to where I live. Everything I buy – bras, underwear, shoes, jeans, etc are all under $20. I’m always super stoked when I can get something for $5.

One area where I was spending far too much money was at the supermarket. I have halved my grocery bill by being sensible and only buying what I need for the week and cutting back on buying snacks/junk food.

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Every little bit helps and the reward of a new adventure is what motivates me. Plus, I hoard a LOT of useless stuff, so I really need to get rid of it!

Thanks for reading!

 

This post contains images that are not my own.
All opnions are my own.

 

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