Traveling on a world tour is an absolute dream come true for many! Traipsing around the world, one city at a time, continent-hopping – it’s so exciting.
Don’t let your bank balance jade your enthusiasm. It’s definitely possible to book a world tour if you plan ahead and save smartly. After all, it is an investment in life experiences. Here are some tips to help you save up for your dream tour.
Check out blogs and personal reviews on world tours. It takes quite some planning to budget time around your work or school schedule.
You should get a tentative cost on travel insurance, visas, flights, local travel, accommodation, sightseeing, cruises and local tours, cuisine, and even shopping. This may take time, so start planning at least four months prior to when you plan on touring.
On the trip itself, you can choose cheap hostels, Air B&Bs, Discounted Travel packages, and choose to walk instead of taking public transport. Maybe splurge only in cities that are your favorites.
Prior to the trip, you have to become financially responsible. It’s time to cash in the promotional emails and loyalty programs!
Budget your monthly expenditures and see where you can cut corners to save. One way to do that is to track your spending – keep your receipts and be vigilant with your bank statements.
Try to cut down unnecessary expenditures. Cook instead of eating out, walk instead of taking transport, do workouts at home instead of paying for a gym membership. You could also cut down on shopping for miscellaneous things and save that for the trip! There are many things you can do to trim the expense fat.
For instance, be careful with utilities. Turn the gas and electricity off when you’re not home – it makes a big difference.
Make More Money
Taking up an extra shift at work or do some freelance work in your free time. You can continue earning on your trip, too, if your work is based online!
Sell old clothes, books, gadgets that you don’t use anymore – it won’t be much, but it can still make a difference in the overall financial picture.
If you have an extra room at home, rent it out on Air B&B – that’s good cash!
Finding the Right Tour Company
Tourism companies offer packages for students, families, corporations and groups. Do your research on companies that promise you a great time and offer concessions on meals and accommodation. Finding a traveling company that fits your budget is the most important step.