Save Piggy Bank Money Economical Ceramic FLet’s be honest, who does not wish to travel at least once a year? Learning new civilizations, see beautiful places and meet new folks. As fun as it seems, your money department might not have the capacity to support your wanderlust. It is easy for you to travel when you have an outstanding job and can afford to spend money on lavish action such as travelling. However what if you’re a student? Or someone who has difficulty managing your expenditures?
Here are some easy tips for you on the way to save money for traveling: Create a list of your monthly expenses
Once you’ve got a clear idea of how much money you spend on your fixed expenses monthly, it’s not difficult to figure out how much money you can put aside regularly.
2. Realistic amount
Set the quantity you want to save frequently and stick with it. Do not set the value too high cause you will never know when you suddenly get unexpected expenses. Simply put aside a sum that’s realistic to you. If you can have your saving account linked together with you bank accounts that would be great. Just set-up few saving accounts specifically for each purpose; for example title them as travel, car, house or urgency. Decide on a fixed date each month where money from your bank account would be automatically transferred into your saving account. If it is impossible for you to set up several saving accounts, simply have one saving account where you are able to set the limit on how much you can withdraw. However, don’t use money from you saving account unless it is URGENT.
3. Limit going out or eating out
If you think about it, going out or eating out cost you a lot of money especially if you do it once per week. You can easily spend around 50 dollars on food or drinks weekly, it might seem fine to some people but why don’t you spend that 50 bucks on your plane ticket to Philippines or Greece for example.
4. Extra income from somewhere else
If you can get the opportunity to earn extra money by baby sitting your neighbour’s children, just do it! Even if the pay isn’t high, at least, you’ll have an excess income.
5. Use a saving jar
If you have some additional coins or money, just place it in your piggy bank. Make certain to purchase one, where you can not easily take the money out. If you are creative, you can even make your own saving jar that might look more attractive and inspire you to put money in it.There are a good deal of DIY videos on YouTube on how to create one. You will be amazed by how much money you can save up in a year, it is not going to be a lot, but hey its the effort that counts.
I hope these tips can help you with saving money for your wanderlust!

Saving for vacation

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