11 Simple Ways To Save 50k In One Year To Travel The World!

Last Updated on January 7, 2021

Get profitable bank accounts

©wiseGEEK

Here is a piece of advice that is made by gold: Don’t ever open savings, checking, or credit card unless it is offering you something good!

I mean, why would we pay them to hold our money for us? It is just not a healthy way to save money. But if the bank is running $200 sign up bonuses or offering some cool things, then why not! You need to Google search your bank each month to see what their offering incentives are and make sure to take advantage of them.

Count your money

©Medium

You have to stay mindful of the money you are spending, earning, and saving. If you are not cheap by nature, then make yourself one. For example, if you found yourself caught between spending $4 on a snack, or waiting till you go home… choose to wait!

Yes, it is only $4 and it will not make a big of a difference, but one day after another, dollars add up. If you said it only three times this week, then you would have wasted $12. It is okay to be cheap sometimes, it is all for the sake of seeing the clouds from the perspective of an airplane.

Live below your means

©Telemundo

Here is a question that you need to answer honestly: How much does it take to live only with the basics?

If you have clothes to wear, a house to sleep in, shoes to walk in, and food to cook, then you are living just fine. You don’t need to buy any extra thing to feel better. Yes, the sweater in that store looks cute, but you already have one that keeps you warm.

So, Before you buy anything, ask yourself if you really need it. If the answer is no, then just walk away.

In order to be able to travel the world and spend as much as you can abroad, save as much money as you can, even if you can afford nice items.

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