It isn’t always easy to save money. It takes some dedication and major self-control but learning some money-saving tips can help motivate you. You can save money without feeling completely deprived with these 6 great money-saving tips! So start planning your next trip to Colombia or Paris, because you’ll be ready to go in no time with these great tips to help you start saving money for travel!
Saving money for future travel
Here are some easy penny-pinching tips for you to try. These are the same that I do every time we are trying to save money for a trip or big expense. And while they may seem small, remember all of it adds up!
Get comfortable in the kitchen and don’t eat out as often.
One of the biggest expenses most of us have is eating out. Cutting back on date nights or packing your lunch for work more often will help you save money. We use imperfect produce for a lot of our produce. It helps keep our bill affordable, I don’t get distracted by additional expenses as I do at the grocery store, and it is fun to get creative with new ingredients or seasonal flavors.
Give yourself a realistic spending budget.
One of the easiest ways to save money is to understand where it is going and creating a budget. For a while, Tim and I followed the cash envelope method. We were able to see where most of our money was going after we look at our statements and came up with a realistic budget we could follow for the coming months. You can make it as easy as you want too, you don’t have to do 12 envelope categories. Maybe you could take out $100 in cash from every paycheck and use that as your spending budget until the next paycheck as an easy way to start.
Keep larger bills in your wallet.
It’s been proven by the Journal of Consumer Research that people are less likely to spend money if they are having to use a larger bill to pay for something. And it makes sense. If you have to break a $100 bill on something unimportant you probably think twice about buying it. So if you do have to keep cash on you, try keeping bills of larger denominations
Keep a reminder of your financial goal in your wallet.
Having a reminder of your financial goal in your wallet is a great way to catch yourself from possibly spending more than you want to. I’ve been known to write notes to myself and stick them to my debit cards that say “do you really need that?” “Have you paid for your flights yet?” and I can say that it helps! Each time you see it you’ll be reminded of your goal when opening your wallet.
Opt for a cheaper (insert blank here).
I’m not going to tell you to not buy a new phone if you need one. Honestly, that is an unrealistic tip. But, I can tell you to think about going for a cheaper option. And that doesn’t just go for a new cell phone, it applies to clothes, food, date night, anything you are spending money on. Instead of going out to dinner and a movie, try renting a movie and ordering a pizza. Look at community events like free concerts, museum days, and other ways to still go out and do stuff. You can have fun and still work on keeping your spending to a minimum.
No matter how what your goal is these tips will help you start saving money for travel. But they don’t just apply to your wanderlust. I’ve used these tips to help save up to pay off some of our credit cards and to pay for some of our cross-country moves too! And don’t forget that an extra income makes it even easier to save up so maybe consider becoming a travel agent or getting a part-time job.