5 ways to save money for an extended trip to Europe

Rome is a common stop on an extended trip to Europe ... Photo by DAVID ILIFF. License: CC-BY-SA 3.0

Dream of going to Europe someday? Some of the world’s best history, culture, beaches and party destinations can be found here, so we totally get you. Unfortunately, travel here can bankrupt you in no time flat if you don’t have a rock-solid financial plan in place.

Below, we’ll share five ways you can save the cash needed to enjoy an extended trip to Europe.

1) Pick up extra shifts

If you hold down a job in a workplace where you are paid by the hour, you have an advantage over those on salary. Stay longer for overtime pay, or pick up shifts from co-workers looking for time off. The end result: you’ll end up with a bigger paycheque for every pay period going forward.

Take the extra money you make and move it into a travel savings account. This will give you the capital you’ll need to have fun on holiday without spending the cash into your emergency fund.

2) Play online games

By this, we don’t mean Words With Friends or Farmville. There are games on the web which give you the opportunity to make money for your travels. All Jackpots casino online is an example of a website where you can earn a windfall by being dealt a royal flush in poker, nailing a big spin in your favourite slots game, or hitting your number in roulette.

You might not win every time you play, but you never know when you’ll hit pay dirt. Not only that, but you’ll get in plenty of practice prior to dropping in on places like the Monte Carlo Casino – unlike the other tourists, you’ll know exactly what you are doing.

3) Rein in your spending

For all the complaining people do about not earning enough money, they often have cash leaks they fail to notice. A cable package with 100+ channels they barely use, daily lunches, and leaky faucets are just a few examples how the average person wastes their discretionary income.

By tracking your spending habits, you’ll quickly learn where you are wasting your capital. Don’t watch cable as much as you used to? Cancel and replace it with Netflix. Eat out too much? Do meal prep on Sundays, and you’ll have a lunch ready to go every day. Got an inflated water bill? Have a plumber fix the leaks in your home.

4) Prioritize attractions and destinations

The problem with Europe is that there are so many places to go, it can be hard to know which ones to include in your itinerary. What’s more, many attractions in these cities charge sizable admission fees.

Know what interests you the most, then use this knowledge to make travel planning decisions. Love mountains and beaches? Move destinations like Paris down the list and choose spots like Barcelona instead. Prefer food over churches? Don’t waste 20 Euros to get into a cathedral you know won’t captivate you.

5) Earn money while you travel

There’s no getting around it: Europe is one of the priciest places in the world for travellers to visit. Don’t want to deprive yourself of experiences in a bid to preserve your declining bank balance? Pick up an internet side hustle before leaving home.

Spend several hours per week working on freelance projects for clients, and you’ll create a consistent income stream that will allow you go out for that fancy 5-course French meal while your hostel mates eat spaghetti.