An Honest Conversation About Saving and Budgeting for Travel

Women Who Travel | Condé Nast Traveler

Condé Nast Traveler

Society & Culture, Places & Travel

4.4 • 636 Ratings

🗓️ 19 February 2020

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, we're having all of the awkward conversations that come with budgeting for travel. How do you even start saving for your next trip? What do you do when you can't afford a group trip? What do you prioritize spending money on when you vacation? What do you do when you don't qualify for a travel-friendly credit card and can't cash in points and miles? We've tapped the experts—Samantha Barry, Glamour's editor-in-chief and host of the She Makes Money Moves podcast, and Travel Channel's Oneika Raymond—to answer these and more.

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Transcript

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0:00.0	Hi, this is Women Who Travel, a podcast from Konday Nass Traveler.
0:07.5	I'm Lale Aricoglu and with me, as always, is my co-host Meredith Carey.
0:12.0	Hello!
0:13.0	Today's episode is all about money, not just how to spend it on travel, but how to save for travel.
0:19.0	And more importantly, how to make those savings go as far as possible once you hit the road.
0:23.6	With us in the studio to share their tips is the Travel Channel's Anika Raymond and Glammer's editor-in-chief Samantha Barry.
0:29.6	Thanks so much for joining us.
0:31.6	Thank you.
0:32.6	Thank you so much for having me.
0:33.6	Thank you for having us.
0:34.6	First things first, how do you even kickstart saving for travel if you've never done it before?
0:41.7	Oh my goodness.
0:42.6	Well, I think it's super important to really honestly assess your finances.
0:48.7	So many of us go into these things with blinders on.
0:52.8	We have all these pipe dreams, these travel pipe dreams,
0:55.5	but it's really important for us to know how much money is coming in
0:59.3	and realistically budget for the type of trip that we want to have.
1:04.1	So I recommend, first off, getting your finances in order,
1:08.0	signing up for an app like Mint, for example, which will track your
1:12.2	expenses, allow you to pay your bills, know how much is coming in, and then figure out obviously
1:17.6	how much you are going to be spending. Research is absolutely key in this world, and luckily
1:26.2	we have so many resources that are that are fingertips on the
	...

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