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Whether you are looking at taking a career break, or simply stuck in a rut and want to escape the rat race; then the thought of a round the world trip must sound like a dream come true. The only problem is however, how on earth do you pay for such a once in a life time adventure?

100 trillion dollars

Now unless you’re a lucky lottery winner, or have been saving since as long as you can remember; funds are not always readily on hand to turn such dreams into reality. This however shouldn’t be as much of a stumbling block as it may initially seem.

 

All you need to do is budget. Admittedly the word “ budgeting” does sound like a harsh fun-stripping word; yet it really needn’t be. Before you travel, take the time to search for the cheapest flights & compare various travel insurance policies. Money is the main principle of travel, and even when travelling on a far stretched shoestring; you’re still going to need it for food, water and shelter at the bare minimum. By applying several practices, you can soon have enough money to kick-start your round the world trip; with some factors even supplementing your travel as you go along.

 

Sell Your Things

Yes this sounds a bit extreme, yet you’ll be surprised how much money you can quickly make by having a good old clear out. All you need to do is ask yourself whether you would be disappointed if the item was no longer around upon your return from your trip. If you don’t think you will miss it – sell it! With online auction sites, you can easily raise cash in no time for your larger items; or simply get up with the early bird and hop down to your local car boot sale for a larger clear out of your smaller items. Remember, one person’s junk is another person’s treasure.

 

Save, Save, Save!

We’ve all tried saving, but never ever really get anywhere. This is mainly because we’re just not doing it right. To effectively save for that all important ultimate achievement, you must scrap all luxuries in life and get right back to basics. Out are the expensive weekly meals in your favourite restaurant, mixed with copious amounts of lavish weekend socialising; and in are the frozen pizzas, and drink offers from the local off license. No more taxi rides to work; instead try walking, getting the bus or even cycle there. Every penny soon adds up, and the small expenditures we wouldn’t usually consider are the main problems which stop us from successfully saving.

 

Part-Time Jobs

Ok, so you may already think you’re the hardest worker in the world; however your saving account may disagree. With a part time job in addition to your usual work, you can save even more cash, whilst eliminating your need to chip into your savings in the evenings. If you’re worried your social life may grind to a complete halt, then why not get a bar job? You’ll still be out in the thick of it having fun, yet minus the hangover the following morning!

 

There are so many ways in which you can raise funds for that round the world trip – you just need to set your mind to it. Six short months saving will soon have you with your bags packed and your passport stamped!

 

For tailored travel insurance for gap years or worldwide trips, visit Insure and Away.

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