Episode Transcript
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Speaker 1 (00:00):
Have you ever watched
those travel influencers on
Instagram and see them going toall these exotic places and
they're seemingly alwaystraveling and wonder, well, how
do they pay for that?
Well, I'm going to share withyou today different ways to pay
for your travel as the averageperson would.
(00:22):
Hello, welcome to Solo TravelAdventures.
I'm Cheryl Esch, your solotravel coach expert and advocate
for women traveling solo.
Well, I often get that questionbecause I live a normal life.
I actually have a job outsideof doing this and coming to you
(00:45):
every week and giving youcontent and resources, but I am
just your average person.
I do not have affiliates, likemany of those travel influencers
may have.
Or they get their hotels andtheir accommodations paid for
because of a sponsorship withsomebody, um, or they have a
(01:07):
vlog that is making them moneythrough their travels, and or
they have some sort of productthat they're also providing
that's related to travel.
Maybe they're a travel agent oradvisor on the side, and so
that's a way that they are ableto pay for the travel, but I
(01:29):
find that is a small percentageof the people out there and I am
just like you.
I am just an average person.
I am not wealthy.
I don't have a sugar daddy aswe might call it here.
I am not wealthy.
I don't have a sugar daddy aswe might call it here.
In the US I work and that is.
I have different ways that I dopay for my travel.
(01:52):
That prevents me from goinginto debt, because I think that
is kind of.
Sometimes, you know, we get soexcited about going someplace,
so excited about going someplace, and I have been there where
the travel itself, and honestly,iceland, kind of caught me off
guard as far as how expensive itwas.
(02:13):
So if you're on a budget, thensometimes that you might have to
, you know, put things on acredit card, which I don't
advise, but it has happened,it's happened to me.
So I'm going to share some waysthat you can get your funds in
place to fund your travel,meaning you're going to not have
(02:36):
to necessarily use your creditcard.
Well, the number one thing thatI have done in the past is I
have set up a savings accountthat is strictly for travel and
so contributing to it monthly orbiweekly or maybe depending on
how often if you're like me andyou have a regular job,
(03:02):
definitely you know settingaside a certain amount so that
you know thinking about a tripthat might cost X right, and
trying to save enough each monthso that at the time that you do
plan to travel, you have enoughfunds for that trip.
That's obviously going to beone of the best ways.
(03:26):
I personally people have askedwell, how did you?
I mean, I did the Camino lastyear, I just did Iceland and for
me, these bigger trips, I havebeen fortunate in that I have
received a tax return here inthe US.
This is US.
I'm not sure how taxes work inany other country, but I've
(03:46):
gotten a nice tax return thepast few years and so I've used
that money strictly, you know.
I've allocated it for thesetrips and, knowing that, you
know I've put it aside.
For example, last year, eventhough I got my tax return you
know, usually it comes in AprilI didn't go on that trip till
(04:07):
September but I put that moneyaside.
So that is one way that Ipersonally fund and I just know
that you know, going into I getthis return, it's going to be
used for travel, because to meit was money I wasn't banking on
right, so it's kind of a nicebonus.
(04:29):
Another way that I do pay fortravel and I'm learning more
about it.
I can't say I'm an expert on it, but there is, of course, some
great resources out there andI'm going to provide one that
I've been diving into.
But credit card points orloyalty rewards with airlines or
hotels.
I have gotten so many freeflights with Southwest.
(04:54):
That is a credit card that Ihave and it strictly gives me
points for Southwest travel andso, since I live in Dallas, that
is one of their hubs here andit's been a great tool to help
me.
You know, take some domestictrips.
Actually you might have somehotel loyalty points, depending
(05:16):
on how much you travel, andthose can add up.
Just be careful with any of thehotel or airlines.
Or even I used to have Amtrakreward points, but you know,
after a certain amount of timewhere they sit dormant and
they're not used or you're notadding to or using them, they
(05:37):
will go away, they expire.
And so I also had a recentevent last year where American
Airlines because I hadn't flownAmerican for a while that I had
a lot of points that they saidwere going to expire unless I
either use them or flew Americanto add to that total, and so I
(05:59):
actually chose to use them on atrip that I went back to back
home with in December.
So I didn't lose those points.
So just keep an eye on that.
I lost all my Amtrak points,unfortunately, because, well, I
only did that one trip.
So just know that that canhappen.
But credit card points don'tnecessarily expire and depending
(06:23):
on what credit card you get alot of for example, chase
Sapphire Preferred they workwith other loyalty programs, so
you could potentially liketransfer those points over to
something else that you mightneed it for, over to something
(06:47):
else that you might need it for.
If you are wanting to dive alittle deeper into understanding
points and how to use pointsfor travel, I highly recommend
Just get out of town way oftravel or J G O O T way.
Um.
They have a book out Um.
It's a publication by JoelMcDonald and they have found a
(07:07):
way to um, you know, use pointsand they've gotten so many free
flights and even upgrades umutilizing their points they have
.
So this book has been a greatresource for me in helping me
understand a little more aboutthe point system.
So if you're interested, youmay want to just go ahead and um
(07:29):
purchase their book.
Um, they have other resourcesas well.
House sitting would be anotherway to at least reduce your
travel cost.
We know that accommodationsreally take up a lot of our
finances when we're travelingoutside of, maybe, your airfare,
(07:50):
and so if you could take thatout of the equation, man, there
is so much more you could do,and so I've done some local
house sitting or pet sitting andwhat you know, preparing myself
for some international.
Now, uh, back in episode 83, Ihad Kate Evans on and she gave
(08:17):
us all kinds of information onhow to utilize house sitting,
and they've been doing it for along time, her and her husband,
and she's even got a book outabout it.
So if you want to referenceback to episode 83, you can hear
her suggestions on how toutilize house sitting when you
(08:37):
travel.
And it's a.
I actually got to meet herpersonally in person and when I
was in Portugal she was at ahouse at a fabulous house that,
I might add, incredible when Iwas visiting her in Portugal,
and so they have had some prettyunique and incredible
(08:58):
experiences.
They have repeat house sittingcustomers, so it has helped them
travel the world.
So that is one way you coulddive into possibly saving money
to pay for your travel, andthere's also volunteering abroad
(09:19):
as an option so you could findplaces that are looking for
volunteers.
Sometimes they let you stay forfree.
There's also a work exchangeprograms like Workaway.
Same thing with Workaway orWWOOF.
That's where you work on somefarms organic farms.
They will offer freeaccommodations in exchange for
(09:45):
your work and it's not a fullday.
I've seen some work awayopportunities, and they are all
over the world, by the way, sothey're only requiring maybe
five hours a day, monday throughFriday, and so you do have some
time to explore and the areasthat, wherever you can look and
(10:07):
work away and pinpoint.
Maybe you just want to go to aspecific country and you can
kind of look and do a search ofjust that country.
You could also teach Englishabroad.
You could also freelance abroad, depending on your skills.
So if you have some specialskills, that might be useful or
(10:30):
beneficial.
One thing that I think of oftenis there's a lot of
photographers that do freelanceworks, of course, and if you go
to some of these very famous,popular tourist places, there's
many of us, solo travelersincluded, that want to capture
(10:52):
some professional pictures.
And it's hard as a solotraveler and so I see many
people and it's hard as a solotraveler.
So I see many people organizingmaybe it's in Bali.
I saw one lady recently did onein Columbia, so you can hire a
photographer to take pictures.
So if you are a photographer,that is maybe a skillset you
(11:13):
have you could certainly usethat abroad in these types of
scenarios.
I have a skillset of alsoteaching Pilates and I am
working on connecting so that Icould use my Pilates in a
freelance opportunity abroad,and so that's something I'm
working on.
I've connected with a groupthat kind of helps connect you
(11:37):
know, pilates instructors withPilates studios, and so I'm
hoping to possibly use my skillsabroad in that way.
So maybe think about whatskills do you have?
Do they lend themselves tosomething that you could do
abroad?
That would offer you theopportunity, and if you're in
the US, it could potentially bea tax write-off.
(12:00):
Obviously, please speak to youraccountant and your tax
specialist about thatpossibility.
Now we're going to get into.
You know ways that you couldsave or earn money before a trip
in order to save for a trip.
So these are just more.
What are things you can do inyour life?
(12:22):
To one thing, reduce youroverall spending in your day to
day in order to save for yourtravel, ie, can you downsize in
some way?
What do you have?
I mean, are you using all thosestreaming options?
Probably not.
Do you really need to eat outevery day?
(12:45):
Probably not.
So these are ways you obviouslycan reduce your overall
spending.
You don't need that dailyStarbucks coffee, sorry to say.
You can be saving that $7 andput it into an account.
Think about that $7 every daythat could add up, or just
reducing, maybe where you'reliving, maybe you want to move
(13:07):
further away from an expensivecity.
I've known many they are expatsor nomads now that have kind of
set themselves up so that theycan actually use.
So they've downsized, maybeearlier in their life so that
they can actually use.
(13:28):
I forgot to mention this, butyou could use your interest from
your investments to sort of payfor your travel and hopefully
we are all on track in ourretirements that maybe this is a
possibility, something toconsider.
Maybe that downsizing is whereyou need to go.
(13:51):
But I've done that.
I downsized out of someexpensive apartments.
I downsized out of someexpensive apartments.
I have made sure that my car ispaid off, by the way, so I
don't have that.
So that's a huge chunk of moneyif you live in the US, having
those expensive car payments, sothings like that big.
(14:15):
I've been talking about bigticket things.
How could you reduce thosethings in your day to day?
Is your car insurance, which Iknow is really expensive?
Can you shop around and find acheaper rate for yourself to
save money?
Things like that.
There's many, many ways inwhich, if you look at your
(14:36):
monthly budget and your overallspending, that I am sure we all
can find ways to cut the fatright and that way you can save
that money.
The trick is, though, if youcut the fat, say, you reduce
your monthly spending.
Let's just hypothetically say$300,.
You have to make sure you'reputting that $300 into that
(15:00):
travel savings account and notspending it elsewhere just
because you have it.
Um, you can sell unwanted itemsto fund your trip.
You got some bigger items,things you aren't using, um and
get rid of them right, make alittle extra cash.
Could you Airbnb your place oreven rent out a room?
(15:21):
So if you have a big house andmaybe it's just you and your
spouse right now and you have anempty nest, could you rent out
a bedroom?
College students, somebody elsethat could just, you know, and
you make several hundred dollarsfrom renting out a room which
could go directly to your travelaccount.
(15:43):
And then, finally, could you doanother side hustle, a second
job I do, and my side hustle isactually I dog sit for paid.
There's some times when I havedone it for free as part of a
house sit exchange sort ofprogram, but nowadays I have so
(16:05):
many clients that I actually Icharge for dog sitting and it's
nice extra money some monthsmore than others, but it is a
great way for me to help fund mytravel and that's actually
where I often designate thatmoney.
I make a little extra dogsitting.
(16:25):
I'm putting that money towardsmy travel typically.
So don't equate yourself.
Don't look at those travelinfluencers, those people on
Instagram.
And I am just like you.
I have to be creative in findingways to pay for my travel and
(16:46):
usually it's, you know, my hardwork or my creative way of
saving or finding ways to nothave to pay with, maybe, points
right.
So I hope that this informationwas helpful to you and that you
are just thinking of ways nowinstead of, you know, looking at
(17:08):
a trip that you're looking at,let's just say hypothetically,
you want to go somewhere andit's going to cost you $2,000
for this trip and you'rethinking, oh my gosh, that's so
much money.
There's just no way I could dothat.
But if you start to slowly savethat money or figure out ways
(17:31):
that maybe you can save that say$700 on using points to pay for
your airfare, right, then yourtrip is now $1,300.
So things like that gettingcreative and thinking of ways
instead of just handing out thatcredit card or using your hard
earned cash all the time.
(17:52):
There are ways around it thatyou can reduce your cost.
Because, for me, I want totravel more and spend less, and
so if I'm spending less on atrip, I get to spend it on
another one.
That's sort of my way ofthinking.
If I'm going to spend, maybe Ihave this budget of X and I go
(18:15):
overboard and I spend it on onetrip.
Versus could I have actuallygotten two trips out of that
money in some way just by beingcreative?
Well, sisters, I hope thisencourages you that there is
more than one way to pay foryour travel out there, and maybe
you have thought of some otherways.
Maybe you have a little trickup your sleeve that I would love
(18:37):
to hear about um different waysto save in your travels and get
out there, sisters, and havethat adventure.
Now, I've mentioned in previousepisodes I am launching a
coaching program.
I have a coaching program forwomen that are wanting to travel
solo.
Maybe they've never traveledsolo.
(18:59):
It is one-on-one coaching I'moffering.
It is launching on May 27th,right around the corner.
I'm taking names, getting youon a wait list and would love to
also have you book a call withme to understand a little more
about the program.
I'm focusing on women that needto find healing in their life,
(19:21):
whether that's from a pasttrauma, from grief or just
wanting to.
You know they've had a verystressful year maybe and they
are overwhelmed, and I want tohelp you get over that and
utilize travel in a way that youcan potentially find
transformation and healing inyour life.
(19:41):
So please book a call.
That link will be in the shownotes and I would love to
connect with you.