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how to pay for your upcoming trip

You desperately need some time away, whether it's to see family or friends or just to decompress a little. Yet even though you've been poring over travel sites and dreaming of fruity drinks on tropical beaches, snowy ski slopes or the excitement of a big city, you may still be held back by money. However, a lack of cash should never be a reason to cancel your travel, and below are some ideas for getting enough to pay for that dream trip.

Increase Your Income

There's a saying that when money is short, you need to either decrease your spending or increase your income. While you may not be able to immediately jump into a new position that pays substantially more, you can look for part-time work to supplement your income. The gig economy makes this particularly easy since you can pick up a few hours of work here and there. People will pay you to do just about anything, from tutoring their children to mowing their lawns, driving them somewhere or even putting together flat pack furniture. Many companies need people on a short-term basis who can write, program, create a marketing campaign and more. All the money that you earn doing this can go toward your trip.

Take Out a Personal Loan

If you need cash fast, few options are better than a personal loan. Many people wouldn't think twice about putting parts of a vacation on a credit card, but those come with hefty interest rates, and balances can balloon fast. With a personal loan, you can get a much lower rate. This isn't a long, drawn-out process either, as you can see your customized options in under 60 seconds.

Spend Less

A longer-term option is spending a few months cutting back on your expenses. Most people spend more than they need to, and if you can think about your planned vacation every time you forgo takeout or the urge to impulse shop online, you might quickly accumulate a good amount of savings.

Sell Your Stuff

If you have furniture, books, clothes, kitchen items or anything else you don't need any longer, you could try selling it. You can do this via consignment shops, yard sales or the internet. Unless you have a hugely successful yard sale, this approach can take some time, so if you are in a hurry to raise cash, you may want to try something different.

Become a Digital Nomad

The new way of travel is to take your work on the road with you. Companies are increasingly open to hiring remote workers, and working remotely can allow you to travel anywhere that you can get an internet connection and get out there for weeks or months at a time. There are drawbacks. You'll probably still have to work the same type of hours that you would if you were back at home, and the added stress of dealing with uncertain connections in unfamiliar locations can be stressful. However, when you're staring out at an incredible view of white beaches, mountains or thousand-year-old cathedrals while you're working, it might just be worth it.             

Note: This information was accurate when it was published. Please be sure to confirm all rates and details directly with the businesses in question before making your plans.

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