In talking to a friend recently I realized alot of what we consider to be overwhelming tasks like planning a round the world trip can be easily attained if simply broken down into SMALLER TASKS.
In a previous post I debunked the myth of a round the world trip costing the proverbial arm and leg. RTW tickets can be less than $2000US depending on stops.
The key to saving for around the world travel, or any type of travel, is to not do it yourself. It should be AUTOMATIC and done by some type of system.
So the question is – How do I save money on a consistent basis?
The answer is – Setup a savings account and DIRECT DEPOSIT $50 a week into it. Within a year you’ll have $2500.
If you get a paper check (or cash in your hands), call your bank and have them pull $50 a week out of your checking account and into your savings account.
Step up the numbers and you can have much more than that.
Before some of you boo hoo me, crying a river saying that you don’t have any money to save, the only people who have any type of excuse about not saving are the unemployed. If you are gainfully employed you can save $10 a day.
You’re not using 1000 minutes on your cell phone every month? Are you really watching 500 channels of cable? Do you need to buy lunch everyday?
You CAN do $10 a day. Trust me. $70 a week x 52 weeks = $3640 – the key: AUTOMATION
That is enough to buy a ticket around the world…or at least a round trip ticket to Australia, or South Africa or Paris, or whatever your dream destination is. Play your cards right with housing and food and you can keep traveling for a long time.
Don’t look at this ‘NEW’ money. Do not touch it. Do not do anything with it but let it accumulate in your savings account.
When you’re ready to use it, it will almost seem like you’ve hit the lottery. A nice stash of cash for you to use. I have used this over the years with great success. I even avoid looking at the amount on my monthly statement and when I finally look, it’s a shock how much has been saved up.
A very simple solution to what can seem like an overwhelming problem – How to Save for Travel