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TRAVEL Hints and Tips Post your TIPS to travellers - all the interesting little tidbits you learned on the road about packing, where to get stuff, and how to cope with problems. Please make sure the subject describes the tip clearly!
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  #1  
Old 21 Jul 2005
*Touring Ted*'s Avatar
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How do people finance their travelling??

Hi.

I am planning a first time long trip around australia and south america. I was just wondering, how do people finance such trips. The cost must be astronomical so how do normal people with normal jobs/debts/responsibilities do this ?? I hear stories of people being on the road for 5 years, how do they pay for fuel, shipping , living etc...

Somebody please explain this to me
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Old 21 Jul 2005
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1. Save up for years.

2. Sell any property you have to finance the trip.

3. Rent out any property you have to provide a regular income.

I think this question has been asked & answered several times before, check out "Travellers Questions That Don't Fit Anywhere Else" further down.

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  #3  
Old 21 Jul 2005
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We are about to leave...

We have sold the house, cars etc and are putting all of our stuff in to storage. Just at the moment we are lucky as we bought in a low market and have made a pretty hefty profit. Some of that is paying for our trip.

But, that is the way to go in my view - the last thing you want are ties etc dragging you back when you want to be going forward!!!
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Old 21 Jul 2005
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Hi,
I'm planning leaving for a year or so in the new year. I will be remortgaging my flat and renting it out during my absence to help pay that mortgage. (Long live the British Housing Boom!) I also have two credit cards!
Matt
PS- A tent and a cheap motorcycle helps too!
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  #5  
Old 22 Jul 2005
*Touring Ted*'s Avatar
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THIS TOPIC IS COVERED IN VASTLY MORE DETAIL HERE..Apologies for duplicating

http://www.horizonsunlimited.com/ubb...ML/000409.html
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1994 XR650L
2001 NX650 Dominator.

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