If this year is good for anything, it’s for planning future travels and adventures. 2020 may have ruined our travel plans, but we can use this time to plan where we’ll go next. Traveling requires a budget, and if you start now, you can plan a trip of a lifetime in a year or less. Here’s how to do it.
Make a Budget
The crucial step is to make a budget and stick to it. Make sure you include all the expenses you’ll have and leave some room for unplanned costs, so you don’t face unpleasant surprises. Depending on your priorities, you can save on some things and splurge on the others.
Set Up Travel Bank Account
A separate bank account to deposit travel money is important. Transfer a fixed amount to it every month and watch it grow. You can also transfer some money to it every time you don’t buy something impulsively, or when you skip eating out, etc.
Consider Paying Upfront
When you save upfront, you can have enough money to pay for the whole trip upfront, and it can really take off pressure once your perfect vacation starts. This is not applicable to all types of travel but consider it as an option.