We live in such a big, beautiful world that exploring it seems like something everyone should do at least once. Yet taking time off and going traveling for a month, six months, a year, or
even more, isn’t something that isn't easy to do on a whim. Money is required. Thankfully, there are many different ways that you can fund your traveling adventure, so if
this is something you are keen to do, take a look at our funding suggestions.
Invest in real estate
Real estate is a great way to find enough money to go traveling with. If you buy somewhere that has great rental potential and you have a tenant in place before you set off, you will be bringing in a steady income each month, which can be ideal for funding your long vacation. Luxury North Vancouver real estate can be the perfect investment. Alternatively, if you already own a property and want a larger cash injection upfront, you could sell it and use the money for your adventure.
Buying and selling stock options isn’t for everyone, and there is no guarantee that you will make any money, but if you have done your research in advance and if you have a good broker to help you, trading could be a way to bring in an extra income. Don’t be fooled into thinking it is a get rich quick scheme, however, making a profit when trading takes time, and when it does come it may not be substantially large. The important thing is that it would be a constant drip feed of cash, and that might be all you need, depending on where you are traveling to and for how long.
If you know when you want to start your travels, you’ll know how long you have to save up so that you have enough money to get where you want to go, and live when you get there. Start a saving’s plan so that you can work out how much you need to put aside each week or month to have the right amount to make your traveling more bearable. This might mean living pretty frugally for a year or so before you travel, but if your adventure is important to you, then you won’t mind.
While you’re away, you won’t need all the stuff that you have accumulated over the years, so why not hold a yard sale and sell as much of it as possible? You can make a lot of money this way – certainly enough to tide you over while you’re traveling. If you don’t want to organize a yard sale, auction sites such as eBay can be ideal for selling the more expensive items. Remember to account for shipping and fees in your costs to ensure you really are making money, not losing it.
Finally, if you’re finding it tough to save up enough money before you go, you might want to consider making money while you’re away. Working as a remote freelance artist, web designer, or writer, for example, will mean you have a steady income that doesn’t require you to be tied to one place all the time. You’ll need to set this all up before you go, and find some clients to ensure you will have the work, of course. You will also need to put time aside while you’re away to do the work.