A vacation can be the perfect way to get away from it all and relax, but it’s often cost-prohibitive to those on a tight budget. In order to take that much-needed vacation and not go broke doing it, you’ll need to plan ahead and save wisely beforehand in order to make it work. Use these tips on how to go on a trip when you have no money in order to figure out how you can travel without spending any money at all!
While saving up for travel expenses is good, you don’t want to get so caught up in saving that you can’t travel when you want. That said, it is important to have some sort of plan before you book anything. Take into account how much money you do have and what your plans are for extra income. Are there any trips or events coming up that could earn you some extra cash? If so, take them into consideration when budgeting your trip so that you can be sure not to spend more than you have saved up. Getting paid to go on a business trip or speaking engagement, for example, might cover part of your expenses for an extended trip away from home. It’s always helpful to look at things like Spirit flights, activities (including souvenirs), food, etc., and divide them by estimated days spent traveling as well as number of people going with you. This way you know exactly how much each item costs per day versus total cost per person or overall cost. Calculate everything ahead of time and make adjustments if necessary to ensure your savings can cover all expenses related to your upcoming trip.
Anyway—with those caveats out of the way—you should start looking at booking flights first!
Before you go, it’s worth asking yourself some questions. For example, where are you going? How long will you be there? Are you planning on seeing friends or staying in hostels (to save money)? If so, how much do they cost and are they looking for non-paying guests? Will they let you camp in their backyard or stay with them for free in exchange for being your personal errand boy/girl while abroad? Are there any opportunities or job openings that will allow you to work during your trip (to earn extra cash)? Or would it be better to avoid anything that might involve working and just take off completely? The answers to these questions are up to you—just make sure that whatever plans you make feel good for your trip. You don’t want to plan too much because then you won't see everything or stop somewhere worthwhile; but at the same time, if you don't plan well enough then your trip may not turn out as smoothly as hoped. It's also important to remember that traveling isn't always about seeing sights: like home, every place has its own charm. Spend time just hanging out with locals and soaking up their culture--this is often when some of my best experiences come from traveling!
Making sure you have everything with you that you need can seem like an impossible task, but making a packing list before you start helps alleviate some of those concerns. Packing lists will vary based upon your destination, but there are some universal essentials that should always be included. Pack only what’s essential, because things can get lost or stolen. Some travel experts recommend not bringing anything with a price tag—but if you’re heading somewhere where security is an issue, maybe reconsider. If it doesn’t fit in your pocket, don’t bring it (or leave it at home). Keep everything as simple as possible and pack light; you’ll never need more than two pairs of shoes for a weeklong trip and two shirts for five days. Heavy backpacks are uncomfortable and inconvenient, so reduce weight by leaving behind extraneous items such as kitchen appliances and large mirrors. Remember: The lighter your luggage, the happier you'll be when you're lugging it around airports!
The first step in going on a trip when you have no money is establishing your budget. If you don’t already know how much money you have, it’s time to find out. Start by adding up all of your current assets (savings, checking accounts, retirement funds). Then subtract all of your debt (credit cards, student loans, car loans) from that total. This figure is what you can spend before having to worry about paying back anything. The next step is deciding what percentage of that budget you want to spend during your trip. It might be tempting to throw caution away and splurge like there’s no tomorrow—but remember that saving for another trip later in life should still be an important goal for you. And even if you decide to blow most of your money now, try to set aside some cash for at least a few basic expenses such as getting home or staying somewhere safe once you get back. Budgeting is one of those things that sounds easier than it actually is—but many online tools make planning out expenses surprisingly painless. And with so many travel hacks available today, you could end up enjoying luxuries without spending very much at all!
You may be surprised at just how little some people manage to live on while traveling: One woman lived off only $6 per day while cycling across Europe in 2014; backpackers often report spending between $10-15 per day on their trips; and several teens made headlines last year when they traveled around Europe drinking free beer every night.
Regardless of how much you make, it’s crucial that you plan ahead when it comes to your budget. It’s easy to think of unexpected expenses as one-off outlays. They’re not! In fact, they can come up just about every month. Instead of allowing these costs to take you by surprise, start saving for them and then put that money away in a special savings account with strict instructions not to touch it unless an emergency strikes. And if there is extra money left over at the end of each month? Use that toward saving for more expensive items—whether short-term or long-term goals—you know are coming down the road, like plane tickets home for your sister's wedding or new tires on your car. Do so regularly and before you know it, you'll have saved yourself from all kinds of headaches—financially and otherwise.
The great thing about frequent flyer miles and hotel points is that they can help you take free trips. The bad thing is that it can be difficult to earn them. If you are looking for an easy way to acquire these points, many credit cards will give you bonus miles or points when you spend a certain amount in one billing cycle. But if you aren’t planning on paying off your card immediately, it might be better just to use cash instead of mileage-earning credit cards. While using cash isn’t going to get you any rewards, it does help avoid late fees and overspending because there's no temptation of earning extra reward money by charging more than what's needed. Earning rewards without incurring interest payments? Even better! After all, we’re trying to go on a trip with little money here.
There are tons of ways you can use points and miles to travel for free. Our friends at The Points Guy have compiled an excellent list of their top 25 ways that you can use your points and miles for free flights, cruises, hotel stays, and car rentals. All of these tips are valid no matter where you're based or what your favorite frequent flyer program is. If you have points from more than one program, it's possible to combine them when redeeming for awards—so if you have American Airlines AAdvantage miles, Delta SkyMiles in your account, and some United MileagePlus miles as well, don't worry: they all count towards qualifying for award flights! Here's how to get started with collecting points & miles . It's not as hard as you think. Chances are pretty good there’s one in your area already! Startup weekend teaches you how to do business . It doesn't just stop with putting up a Facebook page either; there's value in figuring out exactly how other businesses work (their numbers, flowcharts, sales model, etc.). What better way to learn than being surrounded by other entrepreneurs? Afterward, pitch your idea and learn which tweaks might make it more successful. Pitching help s hone pitch skills and improve confidence/persuasiveness , too!
The most important thing you can do when planning a trip is starting saving now. The earlier you start, the less likely you are to have money problems when it comes time for your adventure. If you start saving even small amounts of money each month, over time those small contributions will add up. Plus, if you make an automatic transfer from your bank account into your travel fund every month (like I did), it’s easy to forget about it and get complacent with spending that extra cash—something that happens all too often in our instant gratification society. To prevent burning through all of your savings before your departure date rolls around, automate your savings by creating a regular transfer from one bank account into another. Your future self will thank you! And hey, there's no shame in dipping into your emergency savings fund to fund parts of your trip; many of us get stuck having to use emergency funds anyway if something unexpected pops up. Bottom line: Figure out how much you'll need for traveling as soon as possible, then go ahead and save what you can! It's never too early or late to start making plans for that next big adventure.