Saturday, January 26, 2013

How I Saved $13,000 To Travel - Business Insider

At age 26, Kate McCulley, now a full-time travel blogger at AdventurousKate.com, quit her job to travel the world. The following post has been republished with her permission.

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When I started Adventurous Kate, my goal wasn?t to live off my blog (not that I would have objected to that!) ? it was to run one of the world?s top travel blogs.

My initial plan was to travel Southeast Asia for seven months. ?I budgeted $1,000 per month (in retrospect, I should have budgeted closer to $1,500), plus airfare to and from Asia ($1,500), travel insurance ($800), gear ($700), student loan payments for seven months ($1,232) and some extra financial cushion ($1,500 ? should have budgeted $2,000 or more).

My goal was to save $12,800 ? which I dropped to $12,500 when I spent $280 less than I expected to on airfare.

I started with very little savings in February, having just paid off debt. ?From February 2010 until September 2010, a period of just seven months,?I managed to save that money.

Source: http://www.businessinsider.com/how-i-saved-13000-to-travel-kate-mucculley-adventurous-kate-2013-1

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