How to budget for travel goals

Budgeting your way to your next holiday

Turning your idea into reality.

Robyn Slater
Robyn Slater27 Mar 2024 ・ 2 min read
Personal loans

Dreaming of your next getaway? From beach holidays to road trips, adventures of all kinds are waiting for would-be travellers.

While planning is exciting, preparing for the costs involved can sometimes be a journey itself.

Navigate the path towards your next trip with these savvy tips.

Be organised and flexible

Planning early and approaching with flexibility could lead to greater choice and potentially better deals.

Peak travel periods can often come with a hefty price tag so try and be flexible with your dates. Consider booking in advance to help keep your costs low.

Set up a budget

A clear budget could help you strike a balance between indulging in memorable experiences and managing your costs. Start with your expected expenses and remember to save room for the spontaneous moments.

Consider extra cash flow

If you’re planning your getaway and looking for extra cash flow, a personal loan could help. With additional funds on hand, you could stretch your budget further or snap up limited offers. Some lenders like Liberty offer fast online applications, so when the time is right, you can lock in your trip.

Hit the road

If flights don’t quite fit your budget or you’re looking to explore your own backyard, a road trip could be another getaway option. Your own set of wheels lets you explore hidden gems comfortably and at your own pace.

Looking for the right vehicle for your journey? Consider if a car loan or caravan loan could help you reach your destination without splashing your cash all at once.

Chat with an expert

Before packing your bags, get to know more about your lending options that could have you saying ‘yes’ to a getaway, sooner.

Consider speaking with a lending expert such as a Liberty Adviser for help to embark on your next adventure.

Robyn Slater
Robyn SlaterAuthor
Robyn Slater is a writer for Liberty with a passion for simplifying complex concepts using clever copy. She enjoys playing social netball and keeping up to date with all things pop culture. Robyn is currently completing a Bachelor of Business at Deakin University.

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