You’ve decided to pack your bags and head off for distant lands to enjoy a life of freedom and new cultures. One thing that will always be at the back of your mind is money and how you’re going to keep funding your adventures. Running out of money can be a frightening prospect, especially if you are thousands of miles from home. Regardless of your financial situation, that never has to happen. You just need to follow these sure-fire hacks as they’re designed to ensure your travel fund never runs low. 

Gain the Needed Funds Before You Leave

Despite all the tips you can follow to keep your spending low, it is still a good idea to leave home with an emergency fund. There will be problems that arise and not having money available to deal with them could be dangerous, especially when it comes to medical costs. It is possible to sell your life insurance policy for a lump sum, which will give you funds you can keep aside and stop you from worrying should an emergency occur while you’re traveling. If you’re unsure about the process, you can review a guide that answers all your questions on selling your life insurance policy. Other ways to get access to quick cash include taking out a personal loan and dipping into your savings. 

Stay in Hostels

You’re going to have to accept that having the comforts of home won’t be something you have for most of your journey around the world. When looking for accommodation, staying in hostels is the cheapest option you have. Fight the temptation to book ahead because, when you turn up in person, you will likely get better deals if you walk around and ask different hostels if they have space. Some are likely to be booked, but you will find somewhere and you will make savings on the rate per night. 

Be Flexible

You’re on an adventure so start acting like it. Forget about meticulous planning and get used to doing things on a whim. Tour companies will often sell leftover tickets at a reduced rate just to fill up spaces. The same goes for hotels and hostels. Learn to get comfortable with leaving bookings until the last minute and you will make huge savings.  

Work Along the Way

There are so many jobs you can pick up along the way, whether it is at a bar, or even a bit of private English tutoring. Ask where you are staying in if they need anyone. They may not pay you but offer you food and accommodations for free instead. It’s not ready cash, but it will definitely keep your costs down. You could also look into English teaching and freelance writing to make sure extra cash. 

Eat Locally

There will be times when you’ll miss the taste of home, and occasionally indulging that craving is fine, but if you want to save money, eating locally is the best way to go. In many areas of the world, it is cheaper to eat out so it’s a no brainer. You will also have the opportunity to take in the local culture, meet people and enjoy unique culinary experiences. It’s a win-win.