These 5 ideas to fund your next getaway are not for everyone, if you have a good relationship with money then this is for you. I say this because as someone whose now debt free, there is no point in taking up these ideas if you can not afford to repay.
Many of us dream of visiting many places on planet earth but are limited by the currency called money. There are those of us who dream of just visiting one place and that would be enough. Then there are those of us who want to visit all the countries in the world. We fall short on that dream because of; family commitments, circumstances or money for some all of the above.
Recently I had a conversation with my cousin which went like: who funds your travels? It took me by surprise because it’s not something I often get asked by people. Sure I get asked “how I manage to travel so often” but never WHO funds my travels. I laughed for a good while before I answered her simply, ME, I fund my own travels. Its something I have been doing since I took up traveling over two years ago. I am truly fortunate to be in a position where I EARN something from the blog and have a good paying job. But like everyone, there are times when I use these 5 ideas to fund your next getaway.
5 ideas to fund your next getaway #borrow
Credit cards are these magical cards that spit money out like it won’t end and bite you in the butt. I say this with great {bad} experience hence why I mentioned you need to have a good relationship with money. I taught myself a valuable lesson, never spend what you don’t have or can’t afford to pay back. Recently I was in Stockholm and everyone knows Scandinavian countries are expensive. I spent just over €300 in 3 days on my credit card, I won’t say I needed everything I used it on. But what I did was payback in full before the credit card company had time to process the charges. Normally I don’t use my credit card for anything but this particular card has no fees when used abroad so I use it then.
Short-term or { Payday loans} can be both a good thing and a bad thing. It’s good thing if you’re in need of a quick fix me up amount to payback {in full} come payday. You need to ensure you borrow from reputable company with reasonable interest rates and repay in full. When I was younger I miss used payday loan companies and that left a bad taste in my mouth. I am older and wiser and never borrow more than I can return. Using the same principle as the credit card, payback in full even when there is an option to extended payment.
Ideas to fund your next getaway #planing and #saving
Budgeting is a clever way of capturing what is going out and what’s coming in and planning for the future. It’s not something I left at school nor picked up on at home because it was something “the parents did”. No one discussed money until we were in debt from immature spending of money we didn’t have. After I finished university I drew up an excel spreadsheet of everything I owed and what came in. I also meticulously wrote down what I spent on and if I truly needed it. With budgeting you can find out what items should be cut from your spending.
Tightening up the belt follows on from budgeting. Once you’ve done your budgeting but feel you still need more funds then it’s time to look elsewhere. By that I mean, review your budget again and see what you can live without or what you can cut back on. You could swap brands for high street items and being smart about purchases. You could cancel things like the gym, stop ordering in and swap for cooking instead.
Raid your savings if you have them that is. If all else fails or need to top up then raid your savings but be wise about it too. Do you really need to have this getaway {yes you do}, can you cut costs anywhere else {yes}.
These are some of the things you should be considering when thinking of 5 ideas to fund your next getaway.
*collaborative
Wildish Jess says
I really want to get a flyer miles credit card! They have to be so handy!
Dani / floraldanielle says
I’m always thinking about my next getaway!
The past few years I’ve become really good at budgeting and saving, with the odd treat of course 🙂
Dani x
Anosa says
Of course haha lol, I too am always thinking about my next adventure
Rachel Nicole says
Great post, I’m currently saving for a big trip. Budgeting will be for me as I don’t like to use credit cards or borrowing money xo
Anosa says
Glad to hear it and good luck to you
Dena-Jayne McGuinness says
The best option would be to save for it. Budget where possible! xo
Anosa says
Exactly, thanks for stopping by
rika agustini says
Great recommendations! I have 2 kids, … we have to pay 4 full priced tickets now.. budgeting is very important!
Anosa says
Oh damn! Don’t you just hate it when it comes to have
strangedaze says
It will be a while for me as bills have taken over including a new car issue! I will keep these tips in mind for our next trip!
Anosa says
Aww bless you luv! I feel your pain
Emily, Our house now a home says
My husband and I want to travel more now that our kids are not babies and toddlers anymore. They are 9,7 and 5 so much easier to travel with. We have started by tightening up our budget and cutting back on a few extras. So far we have made a big difference, now we just have to decide where we are going!
Anosa says
Oh that’s good and hope your first adventure will be somewhere the family can enjoy
Sandy & Vyjay says
Good pointers. We generally have a travel budget that is earmarked for the entire year and use that fund for our travels.
Anosa says
Oh that’s a good idea thanks for sharing and for stopping by
Ana De Jesus says
I don’t like to use credit cards as I know I am bad with money but I find that cutting down on spending does help x
Anosa says
I was bad at managing my money but I am better at it now
Peachy @ The Peach Kitchen says
Great tips! What we do here at home is a little belt tightening and save little by little until we could save up an amount we could budget for our next trip.
Anosa says
That’s a good practice and thanks
kerry norris says
Good tips. I always raid our savings lol x
Anosa says
Hahaha mine too when it’s an impromptu trip
Mummy Gummie says
Interesting post. I would consider using my credit card, but I am very wary of any payday loans and would probably steer clear of these.
Anosa says
I think only if they are the only option would I do it
Jenny says
I think it’s important to save for amazing adventures, we are for our 10th wedding anniversary next year.
Anosa says
Oh wow congrats in advance and hope you have an amazing adventure whatever you plan
Sarah Bear =] says
We havent been away for song long, and we definitely budget & save SO much.
Anosa says
Budgeting is the one true way of saving up for next holiday
Ickle Pickle says
I love travelling and am trying to save for a ‘Big” special holiday in a few years. Great tips. Kaz x
Anosa says
Thanks Kaz
Joanna says
I’d love to trsvel more for us its all about budgeting and tightening up the belt to save to go away.fingers crossed we can go away next year.
Anosa says
Hope you mange to save enough and have a lovely getaway
Melanie Edjourian says
I’m an earning, budgeting and finding special offer girl at the moment otherwise we don’t go. I wouldn’t get a loan or use a card for a holiday although I know others do.
Anosa says
I use my credit card only because it’s a no fee reward card but always have the money I would have others spent on my personal card ready to pay it off in full
Rosana McPhee says
Budgeting and tightening the belt are the two things that really work s for me. R
Anosa says
Glad to hear that
Chrishelle Ebner says
I try not to use credit cards for travel. I usually plan our vacation in advance and then budget. Groupon is a great way to stretch your travel dollar.
Anosa says
I too love groupon and try to find some awesome deals with them
Nayna Kanabar says
Its so easy to overspend with the plastic.I always put aside a little money each month for my holiday.I don’t book unless I have enough funds in fear of getting into debt.
Anosa says
It’s so much easier for sure hence why I set up limits on all my accounts and monitor from my mobile
Kiwi says
Credit is a no-no for me right now. Saving and making sure I find affordable flights and checking out awesome AirBnBs is my way!
Anosa says
That’s a good practice my dear, always the best way
Danik Bates says
I always try and avoid credit cards, just makes me a bad budgetter lol
Anosa says
Aww bless, it took me years to work it out
Mt Teen Guide says
Personally, I think budgeting/planning/belt tightening is the best way to save enough for a dream family vacation. If we can just sit down and take note of “wastes” then we could see that savings grow. Avoiding “wants” and just buying “needs” is a start. We should also mind how we use electricity in the house. Turning off lights when not in use is one thing too.
Anosa says
Oh absolutely and so true, I always forget about electricity savings
Annemarie LeBlanc says
I think the best is to save for that getaway you’ve been dreaming about. I don’t like the idea of borrowing because there is always a risk of overspending. I’d give up on my gourmet coffee and save the money towards a vacation.
Anosa says
Hahaha that’s true there is always that risk hence if I was ever to borrow I wouldn’t borrow something I couldn’t pay back with my one pay check
Deb Sharratt says
We get the boys to save their change / coins as well as us, so we can spend it on treats on holiday x
Anosa says
That’s a true way to go about it
Angelic @ SimplySinova.com says
I’m an avid traveler and for me, budgeting and tightening up my belt/getting rid of unnecessary spending is what allows me to travel so often! Great tips <3
Anosa says
Thanks, it’s the same thing for me too
Newcastle Family Life says
I really want to travel more but as a family of five it is so expensive, my partner has shares at work which pays out yearly so we can afford a family holiday each year xx
Anosa says
I wish my shares where like that but alas not
Musings of a tired mummy...zzz says
I think planning and saving is better than going down the credit or loan option but depends entirely on individual circumstances.
Anosa says
Exactly, it’s entirely an individual situation and whilst payday loans ain’t always idea they can be very helpful when you just need a quick pick me up before the month end and can pay it back in full
Blog Savvy Creative says
We are HUGE budgeters for sure especially when planning for a vacation. We have totally found that using a credit card that gives you cash back on purchases and won’t charge for overseas purchases helps a ton.
Anosa says
Absolutely hence why I am loving my new credit card. I always budget how much I will spend then have the money ready in my personal account to settle the balance on my credit card ready
Jaime Nicole says
I definitely plan and budget for our vacations. It’s important to me that we not go in debt and I find that while we can’t take lavish trips, we have plenty of fun together as a family!
Anosa says
For me it’s not about the lavish trips but the experience there and you’re right the fun with the family
Lorna Willcox says
I am a great believer in budgeting and planning for the future. Having clear goals for the next year together with my husband. Great tips!
Anosa says
I am the same, since paying off my debt I make sure I budget everything
Candy Kage says
We plan and book and pay off as much as we can ahead of time. Rest of budget is for food and little extra expenses. Use a credit card that doesn’t charge you for using it overseas.
Anosa says
That’s what I do too and now even when I have money in my own account I prefer to use my card abroad as it doesn’t cost me a thing and it’s cheaper
Robin Rue says
We budget for our trips. We don’t have credit cards, so if we don’t have the money for it, we don’t go.
Anosa says
That’s a good philosophy one that I practice too but I now have a credit card to build my credit history
Kat says
I am all about budgeting. Putting away whatever I can each month into a dedicated savings account. Personally, Pay day loans wouldn’t be an option. I’d rather not go or wait until I have saved enough.Like you said, it’s about looking at this sensibly and not getting yourself into debt. Or making sure you having the means to pay back any credit you take. Good that you point that out! 😘
Anosa says
Thanks Kat, I wouldn’t even dare take a payday loan but sometimes situations calls for it and would require taking one out. So long as you’re smart about it and can afford to pay it all back or within certain period then all good otherwise it’s a no no
Helen Jacob-Lloyd says
Since going on our first family holiday recently I’m now excited for more holiday adventures, so these tips are perfect 🙂
Anosa says
Aww hope you guys do more travels
Alli Smith says
We always try to budget and save for our getaways. It’s always nice knowing vacation is paid for in advance since I don’t like to go in debt for a getaway.
Anosa says
Oh absolutely no better feeling than an already paid and cleared holiday
Lyndsey O'Halloran says
We always cut back a bit when we’re planning a holiday.
Anosa says
I try to do that too to help me save
Ricci says
These are all great ways to fund your next vacation. I need to save up for my next vacation and will definitely be using some of these tips!!
Anosa says
Saving up is always the best option to consider first