travel budgeting
One of the most common questions I’m asked about travel is “How can I afford it?”
You can certainly look for the cheapest plane or cruise tix and the best values in tours, hotels or restaurants. But you can also try setting up a budget geared toward your finances so that your overall expenses don’t swamp your ability to experience those trips you’ve always wanted to take.
Financial blogger Eric Rosenberg, who writes for the website Earnin, where a modified version of this article originally appeared, takes you through the steps you’ll need to set up the kind of budget that’s right for you.
Yes, it can sound like a bit of a drag, but today’s software makes budgeting easier — and you may find yourself in some exotic land (or wherever your desires take you) sooner… Continue reading
A boomer goes backpacking in Aria’s Superstition Mountains. Photo from southwestdiscoveries.com
As frequent guest-poster and financial expert Jim McKinley points out in this piece, boomers on a budget can help realize their dreams of outdoor adventure — or any kind of travel, for that matter — by taking a number of relatively easy steps.
Tracking flight deals, accruing mileage points racked up by responsible use of credit cards, planning ahead, and saving on gear by finding coupons and promo codes online are all very doable.
And that list doesn’t even include camping or RVing to save on lodging (though maybe not your back). Or the great options now available on vacation rentals (airbnb, VRBO) that can make staying in a house more affordable than hotels, especially if you have other family or friends in tow.
Jim also provides a number of helpful links — so enjoy browsing through them, but… Continue reading
You can be a jet setter if you follow some simple financial rules.
Today’s guest post is by financial writer Jackie Edwards, who offers some tips on how to get your finances in order to budget for your next big trip (and beyond).
Among other tips, she cautions that while international travel isn’t just for the rich, you should approach travel as an investor would — making sure it pays off for you personally.
Good planning, choosing the right destinations, and learning about personal finance are other ways to develop a realistic travel budget. So don’t assume you can’t afford foreign travel — instead, make it happen using the resources you have (or can develop) and using them wisely.
By Jackie Edwards
The term “jet-setter” implies a person who hops around the globe, seeing places others only dream of. It’s often used in conjunction with other terms like “the wealthy”… Continue reading
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