Don’t we love travelling, guys? Of course we do because there is nothing like constant partying with sightseeing thrown in for good measure. Plus, it’s better than being stuck at home with the inevitable rainy British weather. Let’s chase the sun and have an amazing time.
Whoop, whoop! Yeah! You go, girl! These are the obvious cries reflecting off of your device as you read this post. We’re all together in our love of putting off a career for as long as possible!
Unfortunately, our bank accounts aren’t as supportive. “There is too much debt,” they say. “You have no money,” they say. “Why not focus on paying it back?” they ask. Here are the reasons why people. Go ahead, pipe down current account!
Travelling When Money Is An Issue
When the Man was coming up with a plan to shaft the common folk, He had a moment of clarity. Making it impossible to live with debt would be obvious, so there is an exit strategy called “the minimum payment.” It’s a glorious feature that allows anyone in debt to set the amount they pay to the least amount possible. Usually, it’s less than £100 a month. Considering a six-month trip may only set us back a few hundred quid, it’s a small price to pay, especially if we think about it beforehand.
Some nasty rumours are flying around regarding debt consolidation. Let’s start by saying there are pros and cons. We should accept this because there isn’t a miracle get-out-of-jail-free card. Some methods suit us better than others, and this is one of them. Why? It’s because it breaks multiple debts into manageable chunks. With the help of the experts at www.debtconsolidation.loans, we can limit the damage. It’s the minimum payment scenario all over again but for more than one balance. Still, taken into consideration beforehand, it’s a nifty tool to regulate debt.
One of the only problems with travelling while in debt is the inability to rack up more of it. Yes, it’s tempting at the time because there are zero consequences. However, at home, the phone is ringing off the hook (do they do that anymore?) and the lenders are sharpening their knives. Debt on top of debt is off of the table. In fact, it’s under it because it’s that heavy. So, the key is to rely on the money already in the bank and nothing else. Sure, a cash injection from a certain parent who won’t be named – mum – goes a long way. But, so does £2,000 in Southeast Asia.
A Job… Wait, What?!
Yes, sorry to sucker punch everyone at the very end, but this is the last resort. For some reason, some employers think it acceptable to employ skint twenty-somethings. Honest, even www.samsboringblog.com agrees.Of course, it goes horribly wrong in the long-term because it isn’t a viable business model. But, hey, if they are handing out free cash! Being a bartender can refresh the coffers to the point where there may be more in the debt kitty.
Okay, are we booking our next trip together or should we meet up out there?
Cover photo by Element5 Digital from Pexels