Whether you dream of lying on a beach in the Bahamas sipping on cocktails or you’re desperate to experience the sights and sounds of New York City, we’ve all got our own idea of the perfect holiday. However, there’s no escaping the fact that travelling abroad is going to set you back, and the cost alone might make you think that you’ll never get to travel the world.
The good news is, planning your ideal trip doesn’t need to leave you out of pocket or require you to give up on your dream. In this blog post, you’ll find some savvy tips and tricks that could help you afford the travel adventure you’ve always longed for.
1. Take out a loan
If your bank balance simply won’t stretch as far as you’d like, you could take out a loan. As long as you borrow an amount you know you’ll be able to pay back within the specified amount of time, this could be an effective way to help you afford your dream holiday.
What’s more, you don’t need to visit a bank in person to take out your loan. Instead, you could apply online. For example, Chill Money is able to assess and approve loan applications online within minutes and deposit the funds the next working day, giving you more time to plan and prepare for your upcoming trip.
2. Stick to a savings plan
Let’s be honest, saving money can be tricky. Between paying your bills, putting petrol in the car and shopping for groceries, it can difficult to put aside cash if you’ve got other matters that need tending to. However, you don’t need to hold back stacks of money in order for it to build up. Whether you can afford to save £20 or £100, putting away a set amount of your income each month is better than nothing and it could go a long way towards helping you pay for your upcoming trip.
3. Sell your unwanted belongings
Selling your unwanted belongings is a quick and easy way to earn some extra cash. Whether it’s a pile of clothes collecting dust at the back of your wardrobe, a stack of books you’ve read from cover to cover or even a piece of furniture that doesn’t suit your decor anymore, it’s likely your home is full of bits of bobs you could put up for sale.
There are a number of ways to sell your unwanted items. For example, if you have a lot of stuff, you could go along to your local car boot sale, but if you want to sell a specific item, the internet might be your best bet. There are a variety of websites, such as eBay, Gumtree and Depop, which allow you to sign up for free and advertise your stuff for other people to browse and buy.
4. Cut back on your spending
Cutting back on your spending habits is a great way to free up some spare cash, and there are a variety of things you can do to save money for your holiday. For example, you could start by taking your own homemade lunch to work each day or cancelling that magazine subscription you fork out for every month. If you like to dine out regularly, you could save trips to your favourite restaurant for special occasions only, and when it comes to doing your weekly shop, you could ditch branded products in favour of the supermarket’s own cheaper versions instead. Although these cost-cutting tricks might seem simple, saving some money here and there should help you hold back some cash for your upcoming trip.
By putting these tips into practice, you shouldn’t struggle to afford the holiday you’ve always dreamed of.
*This is a collaborative post.