Dear Sarah Von, I'm writing is to ask you about saving money for travelling. You see, I'm off in the beginning of March for three months in New Zealand, Indonesia and Sri Lanka. My boyfriend and I bought our ticket on Saturday and I'm getting pretty worried about the money situation - even though we've decided to do it on the cheap. I have a full time job but it pays badly - do you have any tricks to raise money in a fairly short time? Although I'm sure you were sensible and saved up over a long time!Oh, friend. Yes, I was sensible (and a bit boring) and saved up over a long time. But all is not lost! You can put away a good chunk of money if you're willing to make some changes.
Get a Second JobBlowing your mind with my originality, right? But it's obviously easier to save money if you've got two or three streams of income. And a second job doesn't have to mean working every evening and weekend at Starbucks. You could tutor the neighborhood kids, house-sit for family friends, babysit your cousins - there are a million options. Here's an article with some great ideas for second jobs. I know that working two jobs is a drag of epic proportions. But if you're doing it for a limited amount of time and to raise money for a very specific reason, it seems exponentially more tolerable. At least that's what I always tell myself while I'm tutoring EBD fifth grade boys.
Put Yourself on a Crazy Tight BudgetAgain with the mind-blowing, right? Suzy Orman, watch out! Making a budget is wicked easy: look into how much you need to buy your round-the-world ticket/new car/house/Jimmy Choos, look at how much discretionary income you have, do a bit of math and see how long it should take you to save enough to buy said pair of shoes. If you're not happy with that amount of time: reexamine the way you spend your money. Surely you can trim a little fat?
- Cancel the cable (that's what hulu is for, y'all!)
- Split wi-fi with someone in your building
- Cancel your gym membership and go for walks with friends or workout at home
- Start cooking at home instead of eating out so much
- Go cold turkey on Starbucks
- Don't drink so much. If you're going to party, pre-game at home so you're not spending $40 at the bar every weekend
- Get a flatmate
- If you engage in retail therapy (aka: are human) why not hit up a thrift store or a nice second-hand boutique? You'll save heaps of money and still feed the hunger for new shoes