You’ve been wanting to go somewhere on your bucket list whether it was a trip to Paris or a cruise in the Caribbean but you still don’t have enough for it?
Travel is something a lot of people would love to do, but certain circumstances prevent them like financials, work and kids, but if you plan and save for travel, it will happen.
Travel doesn’t have to be expensive, but I have to admit, it can be a lot when you have more than 2 children to bring with you.
International traveling for example was a lot for our family of 5 this past summer because 1 plane ticket cost more than my two week salary at the time. Not to mention the expenses when we were in Philippines and South Korea.
Travel tips to:
Philippines: It was a lot less than the U.S. prices when it comes food, taxi and experiences.
South Korea: It cost about the same for U.S. prices for pretty much everything.
Here are some ways that you can save money for your next adventure.
- Automate your savings. Get the digit.co app. It’s an app that you link your bank account to the app. Based on your goals in Digit which you can create, it analayze how mich you have and then automatically transfer funds to it. you can also set a limit.
- If you don’t want to use the app, you can always manually transfer money from your own checking account to your savings.
- Acorns is another app somewhat like digit except for its an investing app. Invest in stocks, roth ira. They now offer a debit card where you can add money for spending.
- Have a Roth ira, (Vanguard) you can deposit $ into a Roth and you don’t need to pay taxes on what you contributed just on the earnings.
- There’s always the old fashion way-stash your cash in a secured place in your home. Personally i don’t do this because we don’t live in a gated community although we do live in a safe area in Las Vegas.
Saving money is hard for most people especially me because I love to shop online. I’v learned that automating your savings was the best way to save.
I’ve tried the Dave Ramsey Financial Peace University on my own without the course and I could barely do Step 1, which was to save $1,000 in my emergency fund, I was only able to save $750 and then had to use it for emergency and random stuffs.
I read the reviews and see it all over Instagram how these ordinary people were able to be debt free and it inspires you to join the community of Financial Freedom.
I am on my way to financial freedom I was close to $30k in debt in 2015 to now less than $4k in 2019.
I will share a post of series on my road to financial freedom beginning in 2020.
If you are interested in taking your life back, changing your life and family’s life, you can check out Dave Ramsey Financial Peace University here.