With lower airline ticket prices and vacation rental options like Airbnb, the traveling industry is booming like never before. People might feel the need to take a break from their demanding schooling and tiring jobs, and going on vacation could provide them temporary stillness and relaxation. However, traveling doesn’t come with an affordable price tag. Here are some ways to save for that much awaited getaway.
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Open a bank account exclusively for travels. Automatic payments can be set up into the account. Make sure that the money deposited into the account won’t be used for other expenditure. An interest-bearing account is a great option especially when the trip won’t happen soon. It’s said that millennials cannot settle for having just one job.
Get a side job and earn extra income to save more money for travel. While having more than one source of income can be stressful, think of the reward to stay motivated. It could be seasonal jobs related to one’s line of work, or commissioned work—whatever that is, it’s going to make that dream vacation happen sooner.
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Cancel that gym membership and get in shape through online workouts. Going to the gym works for the first months for most people. Thus, it is better to work out at home and save on cash than paying for service that’s barely used. Fitness experts say getting fit is 10 percent exercise and 90 percent eating right. Putting that concept into practice, cut back on monthly food budget by buying in bulk, shopping at farmer’s markets, and only buying foods that are nutritious. Lastly, save money by carpooling or renting out the car. Potentially, an individual can make up to $3,000 a year by doing so.
Ron Ozer loves traveling and considers Israel as his favorite place to visit. For more travel tips, head over to this blog.
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