A common travel myth is that traveling is expensive. Many people wonder how can I afford to travel but don’t realize that it’s not as far out of their reach as it may seem. Traveling doesn’t have to cost thousands of dollars. Find out how!
How Can I Afford to Travel?
On the contrary, travel doesn’t have to be unaffordable and can actually be very cost-effective! On my Round-the-World trip in 2010 my budget was $30 daily and in 2011 I was traveling in Central America for $15 a day. Did you think that was possible?
It is! In fact, you can travel for months at a time for the same amount of money you would pay for a two-week vacation at a resort. The key is to be creative with how to travel cheaply and stick to less expensive destinations such as Southeast Asia, Eastern Europe, and Central America.
If you work a standard 9-5 job, you may be wondering, but how can I afford to travel without a huge income? It’s not easy and requires hard work and sacrifice but it is totally doable!
Here’s one example of how you could save enough money for a trip around the world by cutting down on some normal office spending habits:
Do you eat out regularly?
$10 daily lunch + $20 daily dinner = $30/day
$30/day x 7 days/week = $210
$210/week x 4 weeks/month = $840
$840/month x 12 months = $10,080
And that’s only savings from cutting down on eating food at restaurants instead of cooking at home. You could have enough money to travel around the world for six-twelve months by curbing some of your monthly expenses. You’ll even be able to eat out every day too – just in a different country!
With that being said, today’s question is:
Would you rather eat out every day for a year or save the money and travel the world for six to twelve months?