How do you save money for a travel?

 

The pleasant sea breeze and the piercing sunshine.

 A small boat runs through the Hawaiian blue color of the ocean. Splashing water jumping to your feet. 

A group of beautiful coral that you've never seen before. 

The Philippines are the best country for tourist.

What is the travel cost?

I love traveling.

I have been to many countries so far, and I believe that the Philippines are one of the best destinations in the world.

What do you expect for the travel? 

The purpose of travel depends on each person. I used to expect adventure and explore exciting places in this world. 

However, the way of thinking about travel has changed year by year. Especially, I consider of joy, safety, comfort, and health condition of my crew during travel.

 I used to travel alone when I was single however, now I love to travel with my partner and family. Traveling with someone makes the increased cost of travel for example, such as transportation, hotel accommodation, meals, and souvenirs.

 Many travelers are traveling on a budget, and I used to be one of them. However, if you have a family, especially small children, the cost will more than double compared to traveling alone. It is also very important to pay attention to the environment at the destination, which may affect the physical condition of children.

 In the unlikely event that children get sick while traveling, you might need to find a hospital, have a doctor check, have physical examinations, and buy medicines and in the worst case, you might have to give up your trip.

 To prevent this from happening, when traveling with my family, I reserve a hotel with hygiene control and clean room, have a convenient location, comfortable transportation, and healthy meals (not street food or junk food).

So how do you budget for the travel cost?

This is a question.

How do you plan your travel and set a budget?

When you want to go on a trip, you need to plan it, correct information, set a budget, and think about how to make that budget.

Planning

 First of all, you need to plan your trip. One of the joys of traveling is making plans with yourself and the members who travel with you, such as where you want to go, when and how long you want to stay, who you want to go with, and what you want to do.

Correcting information 

 Then look up the route or means to that place. Gather information on where to stay and what to eat during your stay using the Internet, maps, and SNS. For people who are usually busy and don't have time or who think it is troublesome to decide, one way is to ask a travel agency to make a plan or choose a course that is offered.

Budgeting

 Finally, calculate the cost of the plan. Write down all the expenses you will incur during your stay, such as the cost of going to the place by plane, boat, taxi, etc., traveling during your stay, accommodation costs, food costs, shopping, and souvenir costs, and sum them up. Calculate the amount.

 

How do you save money for your travel?

 Once you've planned your trip and know how much money you'll need for that trip, it's not just a matter of waiting for your departure date. The first thing you have to think about is how to prepare the budget. It's always good to have money to spare, but if you don't, here's how to finance your trip.

Income

 For those who work for a company or own a business, one way is to use part of the income or year-end bonuses as a travel budget however is your income enough for the trip you want? If not, you will have to make additional funds or save money for your trip.

Saving account

 Bank deposits are the easiest way to save money. Even if you save a little money continuously, it will eventually reach the target amount of money. However, since savings accounts at banks have a low-interest rate, you cannot increase your money in a short period just by not using it.

 Time deposits

 Time deposits have a higher interest rate than saving accounts and can be operated without risk, but at the same time, you cannot withdraw money for a certain period. It is also important to understand that the interest rate is not very high in the short term.

Mutual fund

A mutual fund is a financial product that returns the profits obtained by investing money collected from investors by fund managers in assets and is handled by banks, insurance companies, and securities companies. Invest in different asset classes such as stocks and bonds.

 You don't need to have investment experience or knowledge because the fund manager manages the funds instead of the investor. Please understand that the higher the yield, the higher the risk of loss.

 

 

Summary 

 Travel costs money.

 Moreover, traveling with a family or partner is more expensive than traveling alone.

 If your income is enough for the bud, that's fine, but if not, when you're planning your trip, you'll need to prepare a budget in advance.