I don’t want to give irresponsible advice about suggesting that you need to travel in your 20s. The reality is that not all of us can afford this. Some of us that can’t afford it might be tempted to use a credit card. Traveling should not be another frivolous expense that you put on your credit card. It needs to be a once in a lifetime experience that you remember forever.
Traveling shouldn’t be done by those that aren’t financially prepared. You don’t need to be rich to travel, but you also don’t want to go in debt because of that trip. You don’t want to stress about working two jobs to pay off some trip that you took a year ago.
Let’s explore what you need to do before you start traveling:
You need to earn your freedom.
If you have debt you need to pay it off. You can’t just feel that you’re entitled to travel. You need to work for it. You need to earn your financial freedom so that you can leave home stress-free.
What can you start doing to earn your freedom?
- Start making more money.
- Put more money towards your debt payment.
- Pay down your credit card debt.
- Take bold moves with your finances.
How you earn your freedom is up to you. All that mattes is that you don’t go into debt for your next trip.
You need to save some cash.
How much money do you need to save? It all depends on where you plan on going and for how long. You do need to save a few dollars if you want to have fun on your trip. Once again you DO NOT need to be rich to travel. You just can’t be flat broke either.
How can you save some cash before you start traveling?
- Get rid of some crap of Kijiji.
- Ask for a raise for the time being.
- Work two jobs.
- Get your ass off the couch.
Are you saving cash? If you don’t save up right now you’re going to be stressed out when you do finally start to travel.
You need to create a new income.
How will you survive on the road? You don’t need to be making six-figures or to become the next cool lifestyle design blogger for you to travel. I do advise that you figure out how to make a few bucks on the road.
What are some quick ways that you can create a new income?
- Freelance writing. Pick a niche and start writing.
- Ask your employer if you can work from a remote location.
- Online tutoring. People always need help.
- Serving drinks. You can always find a gig serving drinks where you get to meet lots of cool people while you travel.
It’s important that you look into making money on the road. You don’t want to be incurring all expenses with no income.
What did you do in the past before embarking on a travel journey? Did I miss anything?
Check out the other articles from the Travel Like a Rockstar Series: