In recent years, the idea of exploring the world by backpack has grown in popularity - especially with young people. In fact, travelling was seen as more important than buying a house for 47 percent of young people between the ages of 18 and 34. And it’s easy to see why backpacking is so popular!
Travelling around the world is a great experience; allowing you to meet new friends, gain life experiences and try new things. However, as this section of tourism grows, it is becoming increasingly expensive to jet off to places like Australia and South America.
With an average trip costing anywhere between £5,000 - £10,000, the money saving experts at PIWoP - an easy-to-use price drop alert tool, have suggested their tips for saving money before your travels:
1. Keep your travelling money separate.
If you are serious about travelling, it’s important to work out exactly how much you need to save and open up a savings account. This way, you can set up a standing order to put small amounts of your paycheque into the savings account each month. It should also help you avoid spending your travel money on takeaways and clothing throughout the month.
2. Sell any unwanted belongings.
Say you have just finished University and you have a number of textbooks which you no longer need, why not sell them on? Websites such as eBay and Depop allow you to advertise your unwanted items and get cash to put towards your travelling fund.
3. Cancel any unnecessary Direct Debits.
We all have Netflix accounts or gym memberships we could do without. If you’re looking to save yourself a little bit of money ahead of your trip, why not cancel the Direct Debits you no longer need or use! Just think that £40 you spend on unused gym memberships could towards your quad biking experience through the jungle in Thailand.
If you want to find out more information about how to save your money, check out all of our latest blogs.
Or if you haven’t already taken advantage of our price alert service yet, then sign up here. Our price tracker app gives you access to all the best deals on electronics to keep you entertained on long flights and helps you find the lowest price on all of your travel essentials.