How to Save Money to Travel the World
Daunted by how to save money for your round the world trip, extended long break or just a weekend away? It can seem like a mammoth task to build up your savings but I’ve put together a collection of 20 tips and ideas from my own, personal experience to help you save money to travel. Read on and you’ll be booking that flight in no time!
Travel and Accommodation Savings
How to find cheap hotels, how to find cheap flights to anywhere and how to earn cashback on travel purchases.
- Use cashback sites such as TopCashback to earn money on your purchases at online and high street retailers. How does it work? TopCashback rewards you with cashback every time you shop by simply passing on the retailer commission to your account – and you can earn some serious cash this way! You can earn cashback on travel sites such as Booking.com, Lastminute.com, Expedia, British Airways and lots more. Sign up to TopCashback here!
- Instead of paying for your accommodation upfront, use sites such as Booking.com and look for the deals with free cancellation and pay later options. This means when you make a reservation, you lock in the price you originally booked at so there are no unexpected price increases later – and if you find a cheaper deal in the meantime or change your mind, you can cancel with no charges to pay. I use Booking.com for all my reservations and highly recommend it!
- Be flexible with your dates. Save money on flights by using Skyscanner and search for your destination and choose ‘cheapest month’ for depart and return, then you can see the cheapest dates on which to fly.
- Be flexible with your destination! I love Skyscanner’s ‘Everywhere’ option. Just choose your departing airport and then pick ‘everywhere’ and it will show you the most pocket friendly destinations you can fly to – along with throwing up some destinations you may not have thought of. This is how I found direct flights from Glasgow to Barbados in December for £299!
- Are you a frequent or long haul flyer? Consider getting an airmiles credit card. When you shop with an airmiles credit card you’ll earn points based on what you spend, and these can later be put towards flights to worldwide destinations of your choice, or you may benefit from extras such as priority boarding or airport lounge access. Compaire airline credit card here.
Little Ways to Save Money To Travel
How to collect points to turn into cash, make savings on your mobile phone contract and get budget beauty products.
- Sign up to your local supermarket points rewards scheme. I use the Sainsbury’s Nectar card and collect points on my weekly shop and petrol. I even collect points on eBay purchases and on Expedia – I received 2000 points after booking my Venice trip through Expedia! The points soon build up and I use these to pay for my weekly food shopping.
- Save money on beauty products and be a guinea pig by signing up to home product testing trials such as Alba Science where you will receive products in exchange for filling out questionnaires about them. I recently received a full size tub of intensive conditioner and my friend received St Tropez tanning mousse (which isn’t cheap!).
- Cancel all those non essential direct debits. Yep – that’s means Netflix, your unused gym membership, magazine subscriptions and those monthly subscription boxes you never get around to opening.
- Renegotiate your mobile phone contract. Sign up to Billmonitor and it will analyse your bills and match you with the best contract for your buck.
- DIY beauty. Forego the monthly salon trips and do your own nails, tanning and waxing.
Earn Some Extra Money
How to earn money by working from home, get paid for watching TV and where to sell books, clothes and electronics.
- Sell your skills. Great with Photoshop? A dab hand at copywriting? Advertise your services on Fiverr or Upwork and set your price.
- Take on a second job. What about waitressing, a weekend retail job or working in a bar after your 9-5?
- Earn cash for your opinions by completing surveys online for points which you can then redeem for gift cards (or sometimes even just cold, hard cash). Try I-Say, Valued Opinions, Swagbucks, Crowdology, MySurvey and Toluna.
- Sell all the stuff you don’t need. Put all your old clothes on eBay (private sellers get 20 free listings per month) or Depop. Sell household items on Gumtree.com, local Facebook groups for your area or a good old fashioned car boot sale. Trade in old CDs, DVDs, games, phones and electronics at Music Magpie. Sell your old books on Amazon Marketplace. For anything that doesn’t sell, use a recycling service that will pay cash per kilo for your clothes, household goods and bric a brac, such as Cash 4 Clothes.
- Get paid for your TV opinions. Sign up to The Viewers and get paid between £40-£70 for a group discussion, offering your feedback for all things telly. Online surveys and tasks are also available.
Drastic Ways to Save A Ton of Cash
How do you save enough money to travel the world? You make some big changes in your life and make your bank account richer.
- Move back in with your parents or another family member.
- Own your own house with more than one bedroom? Consider renting out your spare room to a lodger.
- Rent out a room or your entire house on Airbnb.
- Renting a place by yourself? Think about moving into a large house share instead.
- Sell your car and take public transport instead.
What did you think of these tips? Do you have any money saving ideas to add?
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