Twenty Something Contributed ContentMost people fantasize about taking the perfect vacation. However, funding a dream getaway makes your perfect holiday seem like a distant memory. But what if you could make it easier? From planning your excursion to staying flexible with dates, here are some handy suggestions.
Focus on What You Want
There are plenty of must-experience adventures just waiting to be uncovered. But you are young, and there is plenty of time. So before planning an epic adventure with too many things to do, consider what you really want and focus on the most fulfilling experiences. From diving in Okinawa to walking with giant turtles, knowing what you want helps you get the most from your time away. Of course, you will also save money and time with some forethought and planning.
Funding a Dream Getaway with a Plan
Planning is essential for a vacation when you have little money. Young people aged between 18 and 24 account for 23% of international travelers, and you can join this somewhat exclusive club with some goals and objectives. Here are a few things you can try when raising travel money:
- Plan the specific dates you want to leave and give yourself enough time to save.
- Create a budget and work towards specific monetary goals each week or month.
- Create an itinerary of things you want to do and work out the actual costs of doing so.
Open a Savings Account
Okay, so most dream vacations are pretty expensive. But while you are pretty young, what’s the rush? Saving over a long period will help you get the funds you need for that perfect getaway to a far-flung exotic destination. Because you are young, you have plenty of time to save and can make the most of financial products such as savings accounts as a new customer to specific banks. Cash ISAs offer generous interest rates with no tax until you have substantial savings.
Automate Money Savings
Of course, saving doesn’t come naturally to everyone, and you can spend money unwisely. However, there are a few tricks you can try to save better. One of the most successful is saving money on the day you get paid. If this is hard for you, you can set up an automated payment system to move a set amount to your savings account each payday. Additionally, you can also use the roundup feature of a payment card to send the “change” from card payments too.
Funding a Dream Getaway with Cheap Travel
Travel is pretty expensive, no matter how you cut it. The average cost of a solo international vacation is between $1,000 and $2,000 per week. However, you can also consider an epic staycation instead without breaking the bank. Here are some tips for traveling cheaper.
Off-season travel
There are certain times of the year when hotels, airlines, and attractions greatly reduce the prices. These are to entice more people to use their services to make up for a lack of visitors.
Budget accommodation
Staying safe and comfortable is essential. But you don’t have to spend a lot of money on this. There are many budget hotels that offer the essentials for a pretty low cost.
Use public transport
The cost of local travel can get pretty high. Instead of Uber and car rental, public transport such as trains and buses should be used. These are much cheaper and usually pretty effective.
Find Some Remote Work
Remote work can be beneficial when you want extra cash, and you can also make a career from it. Either as a full-time job or as a side hustle, there’s a whole online world out there that needs talented workers. From a few pennies an hour to some solid pay, there are tons of tasks for all skill levels. Of course, because remote work only requires a web connection, you can also travel while you work and use the money to fund your extravagant adventure across the world!
Sell Unwanted Stuff
No matter your age, there are tons of things you have that you don’t need. Into tech? You can probably sell the last generation’s video game consoles and VR headsets for some good money. There are many online and brick-and-mortar shops that are looking to buy vintage clothing.
Stay Flexible when Funding a Dream Getaway
A survey of 4,000 students aged 18 to 25 found that 76% consider costs to be the greatest concern when traveling. However, there are some relatively unknown ways you can travel for less. One of these is staying flexible with travel dates, which has the following benefits:
- With flexible travel, you may have cheaper options such as lower fares and hotels.
- You can also take advantage of last-minute deals that come up through cancellations.
- A flexible approach can also lead to upgrade opportunities and a smoother experience.
Travel with a Friend or Family Member
The costs can be pretty high, even with solo travel. But much like anything else, the costs can be split. Traveling solo is a particularly freeing experience. However, you can have just as good a time with someone else. Of course, this has to be someone you get along very well with, like a close friend or family member. Traveling together means you can split the costs of a lot of things such as food, transport and accommodation.
Focusing on what you want to do will help when funding a dream getaway as a young adult. There are also cheaper options, such as travel log off-peak. You can also halve the cost of travel when you choose to travel with someone else, such as a trusted friend or family member