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What does this have to do with travel? One of the main reasons you think you cannot travel the world is money. "I can't stand it," people say to me, "I have a lot of expenses." Most of us certainly have expenses that we cannot deduct (although remember that when you travel long-term in the world, many of those expenses disappear), but if we do our phantom Cut back on expenses, reduce our fixed costs, and find other ways to save us. Can build our travel fund more quickly. In short, if you want to start more travel or save for a specific trip, then you need to make a budget.

This will allow you to see where you can deduct and where every penny you earn is being spent. Cutting down on your daily expenses, being more frugal, and upgrading to a simpler way of living will allow you to save money for your travels around the world without having to find additional sources of income. I know that these tips work because I used them before my first round world trip (and still use them to keep my living expenses down). Of course, the lower your income, the longer it takes to travel. But now the doe is never meant to be. Every day a little adds a lot to a long period of time. Here are some simple and creative ways to cut your expenses, earn money and get on the road soon:

Stock photo of the Business Man with a credit card by rupixen
Photo by rupixen.com / Unsplash

1. Track your expenses

As mentioned in the preface, most people do not have a budget, so to save money you first need to know where you are spending it. In an age where you tap an app and a car arrives, it's not easy to think how much we spend. Create a spreadsheet or use a service like Mint and track all your expenses. When you start paying attention, you will probably wonder where your money goes. I live in Austin and I realized to myself that I was spending close to $ 100 USD a month on an escooter ride. The distance I take is not that far, because the weather is usually good, so I decided to start walking more. It is healthy and cheap. This is a savings of $ 1,200 per year (ie a few months in Southeast Asia!) Start keeping an eye on your expenses - and keep doing this - so that you can cut and keep less hanging fruits and find where you are spending the money. You can use a spreadsheet or website like Mint to do this.

Financial growth
Photo by Ibrahim Rifath / Unsplash

2. Set up a separate bank account

Financial experts have long recommended it. Set up a separate bank account and automatically deposit money in that account every payment cycle. No matter how much money you put in there, putting that money in a separate bank account means that it is far from your expenses and you have not overspeed. Think of it like a piggy bank. Do not print this. This is your travel fund.

Cappuccino in a bed of fresh roasted coffee beans.
Photo by Nathan Dumlao / Unsplash

3. Cut the Coffee

Love your Starbucks? Well, Starbucks loves your money. Coffee is a daily expense that quietly watches your bank account without you even. That daily $ 5 USD coffee costs you $ 150 USD per month. $ 1,800 USD per year, that's two months in Southeast Asia. What's more important: your daily cup of joe or spending more time on the beaches of Thailand or exploring the jungles of Borneo? Sure, giving up your cup of coffee sounds like a "duh". And, yes, there is utility in time saved from buying one. Under normal circumstances, it would be "little thinking" financial advice that is not worth the time or effort. But, right now, you have a travel goal and every penny matters.

Chopping Ingredients
Photo by Katie Smith / Unsplash

4. Learn to cook

We all need to eat but restaurants are expensive. To keep your food bill down, cook more often. I learned to cook in college (a skill that has ever helped me) and before leaving for my first trip, I cut my food twice per week. I cooked every other meal myself. I can save the leftovers from lunch the next day, thus saving more money. You don't have to be an expert in the kitchen, either. There are a million and one cooking sites, YouTube videos and recipe blogs that will teach you how to cook quick and healthy meals. I never spend more than 20-30 minutes cooking.

Photo by Dan Gold / Unsplash

5. Lose the car

Between insurance, repairs, loan payments and filling your tank with gas, cars are expensive to own. Get rid of your car if you can. Learn to love the bus, metro, bike or walk. It can take longer to work using public transport, but you can use that time to do your travel, reading, writing, or doing other productive tasks. I understand that this tip is not possible for everyone, especially in small towns that do not have a comprehensive public transport system, but one option is to sell your car and use it for a cheaper one, which you only need Will need to leave for your trip. By purchasing a throwaway car, you can withdraw money from your more expensive car and keep it towards your journey.