Want To Travel The World? Here's How You Can Finance The Dream


It's easy to feel like travel is out of reach when you're a little later in life. It's something that lots of people do in their gap year or after uni, or in their early twenties when they have less commitments. While longer term travel can be a little trickier when you're older, it's certainly not impossible. If money is one thing that holds you back as you don't think you can afford a career break, here are a few things to bear in mind if you want to make it happen.  

Rent Out Your Home 
If you own your home and are worried about paying the bills while travelling, why not rent it out for a while? You can have contracts drawn up for six or twelve months, and if you go through an agent they will handle all the paperwork and payments for you. This means you can free up your income and not worry about having to pay out for things while enjoying your travels. 

Take Out a Loan
Perhaps you need a way of financing your travel plans, and there are plenty of things you could consider that would enable you to pay back the borrowed amount over a period of time. You could try a secured loans company if you have a property to secure the loan on. You could choose a personal loan or even use a credit card. As long as you are fully aware of what you are taking on, and can afford the repayments, then this option could open up the world of travelling to you. 

Work While You Travel
Of course, if you have a flexible work option, you could choose to work while you travel. Enabling you to get the best of both worlds with an income and an opportunity to make some fabulous memories. But, you could start a whole new career if you are creative and work on a travel blog while travelling. Reviewing destinations, sharing tips and tricks and ultimately being sponsored to see some of the wonders of the world. There are plenty of blogs online to have a read about how you could do it yourself. 

Use Savings
Let's be honest, no-ones savings are doing too well in the bank at the moment. The interest rates are so low that your money is sat there not earning anything. So why not use it for some good and experience something instead. Money is just paper or numbers in the bank, but memories can be captured to last a lifetime and mean something,  Of course, it’s always best to not use up every last penny you have, but savings can be built up again in time. Otherwise, the opportunity to travel may simply pass you by.

No comments