Can You Really Save for the future AND Travel the World? Yes, Here’s How

You want the dream: healthy savings pots and Instagram-worthy holidays. The good news? You don’t have to choose one over the other—if you plan smartly.

1. Set a Realistic Budget for Travel
Do a detailed income vs expenditure budget which will allow you to work out how much you can spend on holidays without messing up your savings goals. Create a separate travel fund and automate monthly contributions into it.

2. Use Credit Card Perks (Responsibly)
The right travel rewards card can earn you points for flights, hotels, or upgrades—just pay it off in full each month to avoid interest. Free flights? Yes, please.

3. Boost Your Pension While You’re Employed
Take full advantage of employer pension contributions now - double whammy into the “future you” fund. Compound interest works its magic over time, so future you can sip cocktails on a beach and afford retirement.

4. Side Hustle for Your Travel Fund
A bit of freelance work, teaching, ebay, or selling your skills online could go straight into your “fun” fund. You’ll enjoy your holiday guilt-free, knowing it’s paid for.

5. Balance is Key
The goal is to live well now and later. Spend on experiences that matter but keep saving consistently. You’ll thank yourself when you’re retired and planning a six-month cruise.

Yes, you can have both. You just need a plan. And maybe fewer £4 coffees.

p.s not advice obvs!