Putting Together A Travel Fund For Your 2021 Vacation

28 Jul 2020

We have all had a difficult past 18 months or so, haven’t we? And so, it is only right that you are thinking about booking yourself a vacation once it is safe to travel again? However, the only trouble is that COVID has done some major damage to our bank balances. So, how can you go about putting together a travel fund for your 2021 trip?

Start by putting together a budget

Before you start looking at different ways to raise money, you should put together a budget. It always helps to have a target to aim at. So, spend some time researching the location. For example, let’s say you are going to visit Moah, in Utah, you should look at different things to do near Moab Utah and spend some time making a list of all of the different places that appeal to you so you can get a good idea of the prices of everything so you can budget effectively. Once you have done that, you can start looking for different ways to make money.

Find a flatmate to make extra money per month

Finding a flatmate may be something you have typed into search engines numerous times, only to be met with a long list of resources. It can be somewhat overwhelming, where do you begin? What’s the best way to search for a flatmate? Is this something you need to spend money on? When attempting to find flatmates, it can be tempting to place ads in as many places as possible, but this simply is not feasible. Not only will this approach be expensive, but it will also be too time-consuming. Instead, you need to find one or two effective places to advertise on, and this will lead to the best results. Gone are the days when newspaper adverts were the go-to solution; nowadays, the Internet is the place to be. However, there are many letting websites available, so how do you choose the best one? Firstly, look for a website that is cheap or, even better, free. There are many letting sites that will charge you a small fortune for their service. They may also charge potential tenants for contacting you, which can put them off. You also want a website whereby those interested in renting your room out can contact you directly. You don’t want the contact to go through a middleman. Aside from this, you need to make sure the website has a good following. You won’t be able to rent a room out if no one visits the website you are advertising on.

Do the $1 saving challenge

Another way to save money for your next trip is to do the $1 saving challenge. To do this challenge, you need to put $1 extra into your savings every day. So, today, you will put $1 into your savings account. Tomorrow, you will put $2 into your savings account. The following day, you will put $3 into your savings account. You keep building it up daily until you are putting $365 into your savings account on the final day. This is a great way of saving money and you can slowly start building the momentum you need to purchase the trip of your dreams in 2021.

Do you have a driveway that you don’t use? Make money from it!

If you have a driveway, and you do not use it, you could be making money from it. There are many people across the country that are looking for places to park their car, so why not rent this space out? In working cities, especially busy ones, car parking space is a premium. The same goes for busy city centers. People struggle to find places to park their vehicles when they have a conference or they are going to work. Not only this, but some areas are ridiculously expensive, meaning it costs people a small fortune to park their car every day. This is where your spare driveway comes into place. You can save people a lot of time and effort when it comes to finding a car parking space. They won’t have to worry about getting to work early and hunting around for a car parking spot, plus they have the added bonus of saving a bit of money too. You can also ensure them that their car is going to be safe throughout the day. This is especially important for those that have a high-value vehicle. They don’t want to run the risk of their car being subject to vandalism or any other type of damage. I am convinced; I want to rent my space out, is there anything I need to do? All you need to do is post a listing online, just like you would with any other type of rental space. 

Make money while on your travels

If you have enough money to get you started on your travels, you can make some funds while you are on your journey. There are so many different ways that you can earn cash remotely today. Why not blog about your experience while you are overseas? Blogging can be a lot of fun, and there are a lot of different ways that you can monetize this, including affiliate products and guest posting. You may also want to think about taking beautiful photography overseas and selling this. Aside from this, there are a lot of different jobs that merely require a device and an Internet connection for you to do your work, such as online admin or content writing services, and so there really is something for everyone when it comes to making money while you are overseas. Of course, you can do some freelance work before you leave too.


So there you have it: everything that you need to know about putting together a travel fund for your 2021 trip. We hope that you have some good ideas and suggestions so that you can have a great vacation this year.