Where Do People Find Money to Travel?

  • 5

Where Do People Find Money to Travel?

Since I have been sharing my travel experience through my blog, I have had this question time and again: where do I get the money to travel?

And I am happy to tell you.

But first things first, it is important that you know that what works for one might not necessarily work for another person, and as such, use the advice and information here to see how this can apply to you.

Here are three key questions to ask yourself:

1.First things first! Where do I want to go?

A lot of people tend to believe that you need to have money first before traveling, but let me correct this: you need to know where you want to go before you have the money. Just as much as your budget determines your destination, your destination also dictates your budget. In other words, where you want to go determines how much you’d need. Note that some people prefer to save up a lot of money and then decide on where they can go based on how much they have. I personally prefer to pick a destination and work towards getting the means to afford a trip to that destination.

2. How much do I need?

Now that you know where you want to go, it’s easier to determine how much you’ll need. 95% of the time, your biggest expenses are on flight+accommodation, so budget for that first. To make a budget for your flight, consider the travel season (summer vs winter, holidays vs regular days, weekdays vs weekends, etc.) to get the best flight deals. To make a budget for your accommodation, consider your preferences and expected level of comfort: do you rather stay in a guesthouse and maximize on sightseeing and meals, or do you rather stay in a resort and live the suite life? Either option is fine, according to your needs. You just need to take that into consideration when making your budget. Once you have an idea of the cost of your flight and accommodation, you can estimate the rest of your expenses on site such as transportation, meals, and sightseeing.

3. Where do I get the money?

The money can come from either existing funds, or newly acquired funds. Existing funds refer to savings and newly acquired funds to money earned while working at a regular job. So if you’re currently employed, it goes without saying that it’s easier for you to earn and save, depending on your responsibilities.

If you’re not employed, then you need to look for a source of income. Possible sources of income include:

  • Conferences: this is a great option to combine traveling and learning (I call it traveling with a “greater” purpose). Regardless of which ever field you’re into (Arts&Crafts, Business, Marketing, Accounting, Pharmacy, Medicine, Videos Making, you name it), there are a lot of conferences out there with other people sharing the same interests as you. Check it out, and if available, apply for travel assistance! However, it might be important to demonstrate how attending such a conference could help advance your career goals/develop your community.’
  • Training workshops: just like conferences, training workshops are great opportunities to get out there, learn new skills, meet people and discover other countries. You can also apply for travel assistance where available.
  • Paid volunteering programmes: a lot of my friends are involved in those and these options are rewarding at multiple levels. Again, it is important to pick something in the field you’re interested in, as it makes it easier for you to align the experience with your career objectives.
  • Freelance work: do you have any skills or services you can offer in your community or online? Get out there, give it a try and get paid for it! Whatever you think can be used as a marketable skill, is probably  marketable skill. Don’t let your fears limit you. Get out there. Remember, you’ve got a trip to plan!

Do you know of any other opportunities where someone can get money to travel? Feel free to share them here!

If you liked this article, subscribe to my blog and receive more tips and tricks on financing when traveling!

“The world is a book, and those who do not travel read only one page.” – Saint Augustine


5 Comments

BohoSoulBlog

September 30, 2017 at 7:25 am

Thanks for putting this out there, the sources of income are good tips! 🙂

    travelwithclem

    September 30, 2017 at 4:51 pm

    Of course! Glad those tips can help you!

5 Reasons Why It’s Better to Travel Solo! – Travel with Clem

July 14, 2017 at 1:35 pm

[…] be out or sleeping d) Even if they pick up they’d be super cranky; this forces you to think twice about where you put your money. I’ve been there, done that. Trust […]

mycountryepoque

May 4, 2017 at 3:24 am

it was a great read!

    travelwithclem

    May 4, 2017 at 1:07 pm

    Thank you, I am happy you enjoyed it!

Leave a Reply

Clem’s Fun Moments!

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

[i]
[i]
[index]
[index]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
[523.251,659.255,783.991]
%d bloggers like this: