Credit card are considered evils of our society, things that should be avoided at all costs. Why? Because they can lead to serious debt. Quite a number of people struggle under a load of Credit Card Debts. This is because they keep on purchasing goods and services without realizing that they are over spending thus they end up accumulating huge debts which mostly they struggle to pay. There are some steps you can follow to make sure you don’t get into credit card debt.
Charge only what you can afford
Don’t buy stuff you can’t afford. This might sound obvious, though it is a common trap that many fall in to. If you wouldn’t spend cash on something, why buy it with a credit card? After all, the day will come when you need to spend that cash to pay off your card, so always think twice before charging a large purchase.
Have an emergency fund
Set aside emergency fund to cater for unplanned emergencies that may arise rather than using credit card that might accumulate huge debt.
Create your own budget
Come up with your own budget based on the amount you posses and strictly adhere to the budget. Let every purchase you make with your credit card not forgetting their hidden charges be within your budget.
Pay on time
Pay your balance each month. If you can pay off the balance of your credit card statement each month, you will avoid paying interest charges. Interest and fees are really where credit cards get expensive, so avoiding paying interest at all costs.
Use Prepaid cards
Use a prepaid card whenever you’re shopping. By using prepaid cards, you get a particular amount of money to spend and you don’t have to worry about overreaching your credit limit.
Leave your credit card at home
Leave your card at home when you go shopping. Unless you know for certain thing you’re going to buy using the card, there is no need to take it with you. This will completely take the temptation of using the card for a spur of the moment purchase completely out of the equation.
Avoid cash advances
Avoid using credit cards for cash advances as they attract higher interest transaction fee and you don’t get a grace period.
What is your approach in avoiding credit card debts? Let’s us know in the comments below.
Amazing Reads of the Week
Life After Debt: Planning Ahead For Our Debt Free Future – Disease Called Debt
Top 10 Summer Memories – Financially Blonde
The Four Stages of Financial Independence – The Simple Dollar
If You’re Going To Succeed, You Have To Have a Plan! – Enemy of Debt
Defined Contribution Plans: Why Opting Out Shouldn’t Be An Option – Boomer and Echo
Luzern and a Novel Approach to History Interpretation – Elizabeth M. Covart
Challenges of A Traveling College Student – Twenty-something TravelRead More
Meet Jenny McIver the founder and the author at Round The World in 30 Days blog sharing with us her travel experience around the globe. Her first RTW trip was love at first flight and quickly turned into an annual event once she realized that it wasn’t that hard to plan,it wasn’t as expensive as she thought it might be and it was unbelievably, life-alteringly, amazing!. You can follow her blog on Twitter, Facebook or Instagram
First of all, tell us a little bit about yourself
I’m Jenny McIver. Atlanta-based road warrior, globetrotter and author of “The Grown-Up’s Guide to Globetrotting.” Ten years ago while on a business trip, I came across a newspaper article about a man who took a year-long trip around the world on a single airline ticket. I don’t know why but the idea just struck me like a ton of bricks. I’d never heard of “RTW” tickets but I started looking into them the next day and discovered that I had more than enough miles to book one through Delta’s Skyteam Alliance. I couldn’t take a year without sacrificing my career but I decided to do a month. Exactly one year later I departed on my first 30-day trip around the world and this year I’m planning my 10th for January 2015. To date, I’ve visited and written about more than 155 countries on all 7 continents.
What gave you the inspiration to start your blog?
I started blogging long before I actually realized that’s what it was called. With my first round-the-world trip in 2006, I used a site called MyTripJournal.com to keep an online journal of my travels, mainly just so I could share photos with family and friends, keep them updated on my location and have something to help me remember all the little details of the trip. (Remember, this was back before the whole world was on Facebook.) When I decided to do the trip again the following year, I again used the MyTripJournal site but by Round the World #3, I knew this was going to be an annual event so I decided it was time to transition to my own site. Thus, RTWin30days.com was born in 2008 and I’ve been blogging about my travels there ever since.
What is it about travel that has you so obsessed about it?
It’s funny, the more of the world I see, the more I want to see. You don’t realize just how big the world is until you get out there and start exploring it. And travel (especially round-the-world travel) has definitely become a passion for me. In 2009 I realized one 30-day trip a year just wasn’t enough anymore so I started a mid-year edition. Not a RTW, but a month-long trip focused on a certain region of the world. That summer was “Europe in 30 Days” I’ve also done Central America, the Himalayas and the Balkans in 30 days each on subsequent summers.
What have been your favorite places that you’ve visited so far?
My all-time favorite is Antarctica and I can’t imagine that any place will ever surpass it. It’s the closest you can get to visiting another planet and it was just a uniquely special and surreal experience. My other favorites are Easter Island and Aitutaki in the Cook Islands. I also love the Maldives, Laos, the Greek Islands and just about everywhere in Thailand.
I noticed you mentioned travel isn’t expensive, how to you fund your travels?
My round-the-world trips are primarily funded by my business travel-accrued airline miles and hotel points. I use my Delta miles for a business-class RTW ticket each year and my accumulated hotel points cover about half of the hotel costs. That helps a lot. That said, you don’t need miles to do a RTW trip affordably. RTW tickets are an incredible value for anyone and I’ve seen them on sites like Airtreks.com and Bootsnall.com for as little as $2,000 (which is almost what I paid just for my coach flight to China last summer). Choosing inexpensive destinations is a great cost saver, too. In South America, Southeast Asia and Eastern Europe, your money will stretch a lot farther than at home. South Africa is a deal right now, too, thanks to the rand’s drop against the dollar. I was just there last month and I was shocked at how much cheaper it was than on my first visit in 2006.
What are the most effective ways you limit costs when traveling?
Miles and hotel points are the biggest thing. But I also spend a good amount of time figuring out the least expensive order to visit several countries in a region – where are the cheap direct flights? Or inexpensive train routes, for example. Each big trip is like putting together a puzzle. You have to find the least expensive way to make the pieces fit. I also love taking advantage of low-cost carriers around the world and have done dozens of flights for less than $50 in various countries. Buses and trains aren’t always the cheapest form of transportation!
Are there any budget travel strategies that you tried but decided weren’t for you?
Hostels aren’t for me. Budget airlines, yes. But hostels, no. I do love a nice bargain hotel, though. With budget airlines like Easy Jet and Air Asia, I always pay the extra money for early boarding and assigned seats when available. It makes me feel like I’m flying a full-service airline even when I’m on a super cheap fare.
What do you mean by “being on the road for business”?
I own an event management business and travel frequently to manage large conventions and trade shows. My primary client, however, is a major sports television network and I travel weekly for them during college football season. Overall, I travel for business more than half the year.
Do you take advantage of airline credit cards to save on flights? If so, which card do you use?
Absolutely! I’m an Atlanta-based frequent flier so Delta is my program. I have two Delta Skymiles American Express cards, one business and one personal. Those cards help me earn miles for my RTW tickets. I also carry the Chase Sapphire card and I’ve used their Ultimate Rewards program to book flights on airlines all over the world.
What places are still on your bucket list?
The Arctic to see the Northern Lights. Visiting all 50 US states (believe it or not, I’m still about 6 short). The Marquesas, Bolivia, Ethiopia, Kenya…so many places! And there are dozens of places I can’t wait to return to someday.
Of all the places you traveled to, what was your favorite?
Antarctica, hands down. Mykonos, Greece is also a very special place to me, it was the first place I visited overseas and I loved it so much I’ve been back 7 times. I like to think it was that little island that first inspired my wanderlust.
Do you have any major travel regrets?
Not starting when I was younger! While some of my peers were taking gap years to travel, I was building a career. I didn’t get my first passport until I was 26 for that trip to Greece. I don’t necessarily regret the choice because it got me to where I am today but I think I would have loved backpacking around Europe as a 20-year-old. What an incredible learning experience it would have been.
Aside from traveling, what’s the best general advice you want to pass to people?
Don’t assume you’re going to have the time or money “someday” to travel. Travel NOW. You never know what will happen down the road. People always say they want to travel but most never really do. They take the traditional, single destination vacation each year and wonder why they’re not making any progress on their Bucket List. Change the way you think about travel. Take that two weeks and go around the world! It’s easier and more affordable than you think.Read More
Are you traveling to Paris to celebrate a marriage anniversary, a vacation at Maasai Mara in Kenya or visiting friends in London. You are really anticipating the trip and praying against all odds for the trip to be. As much as you anticipate all these, here are a few challenges that you can face as a traveler and are beyond your wit.
1. Flight Delay
Nothing frustrates a traveler like a delayed flight. this can be caused by poor weather, flight cancellations, maintenance problems with aircrafts, fueling, air glitels congestion in air crafts, security issues, late arrival of the aircraft to be used for the flight from a previous flight among other reasons. A delayed flight can be very costly to the traveler as they are forced to adjust their personal schedules.
2. Airport Security
Going through security check at the airport can be very cumbersome to the traveler.
this is because of delays and adjustments in protocols such that it can be hard for the travelers to keep up with changing tide.
3. Losing your Luggage
Losing a luggage can be attributed to various factors like the attendance typing the wrong destination code, forgetting to pick your luggage, routing label gets damaged, your bag is loaded on the wrong plane among other reasons. To avoid loosing your luggage always; double check if the routing information on your bag is accurate before being sent down the conveyor belt, make yourself known by placing various ID cards in various pockets and poaches, by sharing your itinerary so that the airline workers will be able to route your bag in case the find it and cannot trace you among other advisable measures.
Prescription medication emergencies
It is easier to forget to take a prescription, loosing or running out of medications. It’s even disastrous if your are away from your usual pharmacy, you are in the country the brand name is different or liquid quantities prohibited by airlines.
If you face either of the above challenges, don’t be discouraged, Always remember “There is a solution to every problem. Face the challenge like the brave person you are and definitely your trip will be and you will enjoy to the maximum or achieve your set goals.
Have a Safe Journey, wont you!
How do you face challenges while traveling? Let’s us know in the comments below.
Amazing Reads of the Week
Financial Wisdom From My Younger Self – Disease Called Debt
9 Unexpected Ways Your Budget Leaks Cash – Your Personal Finance Pro
How to Get the Best Rates With Mortgage Brokers – Money Mini Blog
Helpful Social Security References – Oblivious Investor
3 Step For Getting More Out Of Educational Conferences – Advisor Websites Blog
A Flight Attendant Paid to Travel – Travel JunketteRead More
David and Auston are Two Bad Tourists who like to travel “their way” and not the way you’re “supposed to.” They believe travel is more achievable and possible to do without spending a lot of money. You can follow their blog on Twitter, Facebook, Google plus or You Tube.
First of all tell us who you are…
Two Bad Tourists is a travel blog created in 2012 by David and Auston, two American’s who left the US to travel around the world. A former lab scientist and engineer, we now teach English and work freelance in Spain.
Why the name Two Bad Tourists?
Our style of travel is not typical of the average tourist. We prefer to travel slower and experience more by visiting less. We’re not bad travelers, per se, but we don’t really appreciate the hyper-sightseeing approach when visiting new places.
What motivated you to start to start your blog?
Our original motivation for our blog was to create a journal of our one year round-the-world trip so we could share our experience with close family and friends. We never had the intention to make our blog public or become (*cough, cough) “professional travel bloggers.” Now we continue blogging to inform and inspire others to travel. We love visiting new places and sharing our experience with our readers. Likewise, we enjoy discovering our own new home in Spain, so we can provide local tips like where to find gay friendly accommodation in Madrid or guides to the best gay nightlife in Madrid.
When was your first trip? Where did you go?
Our round-the-world trip started in May 2012, though we started the blog in February to share our story of planning our trip, selling our belonging, quitting our jobs and leaving our then home town of Chicago. Our first destination on our trip was Mexico City where we spent 2 weeks studying Spanish in an intensive course.
Have you ever experienced any challenges to blogging as duo, such as who’s turn it is to write?
Yes! We always joke that David is more creative but Auston works harder. We occasionally have different opinions on what to write or how we should engage with our readers, but in the end we always work it out. Luckily, we each have strengths in different areas of the blog and we tend to prefer working on the area in which we are best skilled.
You have mentioned it is possible to travel without spending a lot, what trick do you use to limit costs when traveling?
We save the most money on traveling by using airline miles to book flights. Our original round-the-world trip was booked solely with airlines miles that Auston had saved for more than 4 years. Along with miles saved from business travel, we also took advantage of airlines promotions and mileage earning credit cards. We also appreciate traveling in a more local way so luxury hotels or frequent taxi rides are rarely things we really go for. We usually take public transportation and often stay in hostels, budget hotels or even use couch surfing to stay with locals for free.
How do you fund your travels?
Our original round-the-world trip lasted for one year and ended in February of 2013. This trip was funded by 3+ years of savings. We consequently spent our entire life savings and moved to Spain with one-way tickets, no money and no jobs. One year later we are still living in Madrid. David teaches English part time and Auston works freelance as an engineer and travel writer.
For the budget travelers out there, what would be your top tip for saving money when traveling?
If you’re American, airline mileage earning credit cards is by far the best way to save on travel. Some programs even let you redeem miles for hotels or rental cars. Although some banks offer credit card offers in other countries, they tend not to be as lucrative. For those living in other countries, the best money saving tip is to explore alternative approaches to travel like house swapping, house sitting, couch surfing or car sharing. These programs are often very inexpensive or even free. Some people are hesitant to try these programs out of fear or misunderstanding, but they are all friendly and have trust and review systems to ensure everyone’s safety.
Do you take advantage of airline credit cards to save on flights? If so, which card do you use?
Yes, we’ve used various different airlines cards over the past couple years. The cards we are currently using are the Lufthansa Miles & More Card from Barclays and the Starwood American Express. We love the Starwood card because we can use it for hotel stays or transfer the points to almost any airline.
Any major travel regrets?
We don’t have any major travel regrets but we certainly would have done things differently if we could go back. Firstly, on our round the world trip we would have visited less countries and stayed for longer in each place. We quickly learned that traveling to a new city every 5 days can become exhausting and is not sustainable for an entire year. While we did scale back some during our trip, many of the flights were pre-booked so we didn’t always have as much flexibility as we wanted.
Any Advice to young travelers?
Don’t wait to start traveling! A lot of people will try to convince you that you should focus only on school or a career and they’re the most important. While it’s true that an education and a good job are important, you must realize that traveling when you’re young is often easier to undertake because you have less commitments and you can enjoy your time more than when you’re older.Read More
You are a travel blogger or you want to take the plunge in discovering our beautiful but vast planet. The big question to ask yourself is; How will i fund traveling this amazing planet? Don’t worry anymore cause I’ll be sharing those tricks I do to fund all my travels hoping it will be beneficial to you too.
Companies pay you to advertise their products or services on your website. These advertisements can take many forms, such as sidebar banner ads, or sponsored content where a company pays you to publish a post about them. While advertising on your site, be cautious though, you might be penalized by Google loosing all your income in a fraction of time.
Whenever you share maybe a book or any other product, always include an affiliate link to those products because if someone clicks that link and goes ahead and buy that product, you make a certain percentage from that sale.
The world is big and beautiful with infinite number of amazing photos to be taken. Be the one to capture the beauty of a sunset at the peak of Mt. Kilimanjaro or the migration of the world beast at Masaai Mara. Depending on the country you are visiting, there is a good chance that you will make a reasonable income by selling them to magazines or sell them online. Just master a few tips and tricks that will enable you make your photos much more marketable and fashionable.
There are many different types of freelance writing you can do, from writing travel related articles for other websites to newsletters and blogs for various companies. I’ve been doing this for a time now and it worthy all your effort.
Brand partnerships are longer-term projects with companies. There are many brands out there with fantastic products that you would be happy to work with on a long-term basis in exchange for compensation
Is there any tips I’ve omitted you feel should be on this list? Share it with us in the comments below
Amazing Reads of the Week
Things I Did in Riviera Maya besides Diving – Electric Travel Girl
27 Inspirational Projects & Quotes from WDS 2014 – Travel Junkette
11 Ways to Make Money When You Spend Money – Money Mini Blog
Monetizing Your Blog and Spotting Dodgy Advertisers – Mo Money Mo Houses
Summer Project: Moroccan and Bohemian Style Patio – Continental Fairy
What to do, see, eat in Rome? Tips from a local Roman! – Getting Stamped