5 Tips To Help Fund a Long-Term Road Trip

in Travel

Everyone dreams of taking off from life and visiting romantic, exotic faraway destinations. Whether it has been a remote place that you have long dreamed of or a more popular location, the step between your trip being the stuff of daydreams and hitting the road usually relates to money or lack thereof. However, there are plenty of ways for you to get your much-needed funds together and set off on the road trip of a lifetime.

Perhaps you can fund the adventure yourself by taking advantage of Latitude car loans and purchasing a vehicle that can help get you on your way and any other necessities you might need for your big adventure. With the number of resources available today, any long-term trip is possible, it’s just a matter of finding a way to fund it. Finding a way to fund a long-term trip is easier than you might think, especially if you take a proactive approach to securing the needed finances.

Let’s take a look at just some of the many ways you can fund a long-term road trip.

Sell Your Stuff

Go into that closet, attic, or basement and sort through all of your favourite and not-so-favourite items. Then, host a garage sale. This is the opportunity for both spring cleaning and making some money to put toward the trip. You might be surprised to learn that people throw out televisions, lamps, and old furnishings and clothes, and as in ages before, one man’s trash is another man’s treasure. These items, depending on their value, can turn into a considerable deposit for your road trip.

Get A Second Job

While moonlighting is old hat, today’s modern technologies have made it possible for people to work flexibly. Whether it means working after normal business hours or working online, there are a million ways to earn money. With the huge range of online employment opportunities, you can essentially call your PC your home office and camp out online after work earning extra money to put towards your trip.

Budget Your Money

Budgeting your money is definitely a great way to fund a trip. Draft a budget to see how much money is being spent in a month, and then compare this figure with your monthly income. Look for places where you can save or pull back on your expenses. Those trips to the coffee shop or weeknight take-out dinners do add up over time. Also, pay attention to any frivolous spending at the grocery store by making a list and sticking to it.

Downsize Temporarily

If this road trip really will make a significant impact on your life, consider trading down for a season to pay for the adventure. Whether it means moving from one apartment to another in a less affluent area or trading in your vehicle to reduce the payment, these changes can significantly increase the amount of money you have available to spend. Furthermore, consider using generic brand products when shopping at the store to save further.

Apply For A Travel Grant Or Loan

An alternative method would be to apply for a travel grant or loan. Usually, travel grants have applications that have to submitted months before a decision is made so it would take planning but it is free money if you can secure that type of financing. Alternatively, travel loans, especially online loans, are much easier to get approved for but require income verification and a credit check.

Top Tips For Funding Travel

These are just a few ways that you can fund an extended trip. In most cases, funding travel, regardless of the method, takes both discipline and planning. Ultimately, when you are nestled in your comfy dream destination in some far off mystical land, the planning and discipline will all have been worth it.


Image Credits: Wavelength Magazine

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