How to travel for a year without running out of money

Travel is at the top of the list of to dos for a lot of people. However, ditching the comfort of your home and job can bring about its own financial challenges. No matter how much you have saved, these tips will ensure you don’t end up in a strange country with no ticket home.

Pack appropriately
Know where you are going and what you will need to wear – pack both warm and cold clothes so that you won’t end up spending a fortune on buying clothes when you go from a warm country to a cold one.

Go for a hostel
No matter how much you may crave for the comfort of a hotel room with room service and clean sheets you can’t afford it – not if you want to keep going for the year.

Keep track of your expenses
Just because you’re travelling doesn’t mean you should forget the basics of your finance class. An excel sheet on your mobile phone is a really easy way for you to keep track of your expenditures.

Walk to as many places as possible to keep travel expenses down – you will see a lot more of the area than you would on the seat of a car or bus.