This post is all about saving money before moving abroad. Here are 13 easy ways to help you save big!
Time to get rid of your stuff and de-clutter! Host a garage sale and sell all your belongings which you no longer need or want. It’s crazy how much STUFF we accumulate over time.
We recently had our first garage sale EVER and made over $400!
#2 Reduce or eliminate your car usage
Cars are expensive! Not only is there the cost of originally buying a car, but then there is the gas, insurance and maintenance costs to consider. These things can all add up to a lot of cash which you could be putting towards traveling or moving abroad!
Where we live in Canada it’s basically necessary to own at least one car. Last fall my boyfriend and I decided to sell his truck and only keep my fuel efficient little car. Sharing one car has resulted in HUGE savings for us. We ride our bicycle to work or the gym and take turns using the car when we need it. This was a great choice for our wallets and our health. #winning
#3 Skip the Spa Routine
It’s astounding how much some women spend on their beauty! And that’s totally okay. If you want to put away some extra money for traveling or moving abroad though, this is a great place to do it!
Instead of getting your hair coloured every time you go to the hairdresser, why don’t you just get a cut? This will save you an average of $100 per visit.. at least! Same goes for getting a monthly manicure and/or pedicure. Why not buy some pretty nail polish and do it yourself! Who really needs fake eyelashes, fake eyebrows and fake tans? Nobody.
If you are someone who lives for their beauty routine, try to cut back even a little and put the extra money towards your travel fund.
#4 Say no to fancy coffees on the daily
I know, I know… the struggle is real on this one!! I’m a coffee addict. In a good way. I mean, I just don’t think I could live without it! But as much as I LOVE my fancy latte at my favourite coffee shop, they aren’t exactly easy on the wallet. Since when did coffee become a $5 investment anyways?!
I knew I would’t be able to totally eliminate this pricey habit since I love going to coffee shops to get work done and meet up with friends. But I did manage to reduce it to once a week! Now I look forward to that one day a week when I get to go and enjoy my latte and guess what? I don’t feel bad about treating myself at all!
Remember that life is all about balance. Sometimes you just have to #treatyourself
#5 Cook at home
Eat out less, stay in more. We’ve heard this a million times and it’s because it works! Not only is cooking at home more affordable and nutritious, it almost always tastes better too!
So what does this look like for us? Every night we cook extra food for dinner so that we can take leftovers to work the next day. This saves us from buying lunch on the go and spending more money then we should. Instead of going out for dinner with friends we are having them over for barbecues and potlucks!
#6 Put aside a percentage of your monthly income
Talk to your bank about putting aside a certain percentage of your monthly income or a specific dollar amount every month. I set this up a couple of years ago so that every time I was paid by my employer, a certain amount (whatever you want it to be whether $25, $50, $100) is automatically transferred into a savings account. This is a super savvy way to put money aside for traveling.
#7 Do away with cable
Cancelling your cable is another easy way to save money before moving abroad. You can watch nearly everything online these days and there’s really no need to pay for cable anymore. You can read the news online or listen to the radio. Netflix is a great option for watching movies and tv shows.
I haven’t had cable in over 5 years and I don’t miss it at all. Don’t get me wrong there have been times where I binge watched Suits on Netflix like a boss, but I do think there are so many better things to do then watch tv. Which brings me to my next point.
#8 Get outside!
There are so many free or affordable activities to do outside, especially in the summer months. This includes hiking, mountain biking, fishing and camping! Spending time outside in nature also makes you realize how little you actually need. So instead of hitting the shopping mall next weekend to buy another shirt you really don’t need, look up some local hikes to do in your area and get outside!
#9 Stop buying
It sounds so simple yet we live in a world of consumer debt. Next time you catch yourself wanting to order something online or buy at a store seriously as yourself whether you really need it.
Also, you’ll never be able to take all your belongings with you when you move abroad so think twice about buying those extra shoes or that extra jacket. Most likely you won’t have room in your luggage to take them! Stop buying things you really don’t need and you’ll be able to save a lot of money.
Tip: Personally whenever I want to splurge and buy something new I stop and think “wait a minute, if I don’t buy [insert item] I will be able to pay for a night’s accomodation in [travel destination] or a train ticket to [European city] or an entry pass to a [museum, park, etc.]. You get my drift.
#10 Move home
If you’re lucky enough to have parents you get along with, move home! Or stay home if you already live at home.
Since the 1 year lease on our apartment was up in April, my boyfriend and I decided to move home to save some money. We are not living rent free but it’s much cheaper! Per month we are now saving a total of $700. This equals $2,800 in 4 months!
That’s enough money for our flights to Europe, rental car in Iceland and a few nights accommodation! I know some of you might be thinking “I would never want to move back home to my parents’ house!”. But guess what? It’s TEMPORARY. And it will save you A LOT of money. Totally worth it in my opinion.
#11 DIY gifts instead of buying expensive ones
All those birthdays, anniversaries and baby showers can really take a hit on your wallet. It’s time to get creative and make your own beautiful presents! Homemade gifts and cards are more meaningful and people will appreciate that.
#12 Stop buying books and magazines
Sign a book out from the public library in your area if you want to read. Also, you can read magazines and blogs online – they’re awesome and free!
#13 Stay positive!
Lastly, trying to save money for moving abroad can be stressful! Just remember to stay positive and know that it’s okay to treat yourself once in a while. Like everything in life, moderation is key. You still want to enjoy life so go out and do things that make you happy. And if that means splurging on a $4 latte once a week then so be it!
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Good luck saving money for your adventures abroad! If you have any other great money saving tips please share them below.
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