At the beginning of 2023, I set up a Travel Budget of £4,500 that I need to save up to afford all my planned trips this year.
Now this is a lot of money to spend on travelling. Thus, I thought I’d give you a quick update on my savings progress. To date, I have already managed to save £2,944 which is 65% of my Travel Budget. Since January, I have been able to save just under £1000 each month.
This progress has only been able by drastically reducing my daily spending and sticking to a monthly spending budget of £300 on food/going out/day trips etc. My partner and I reduced our grocery spending by searching for yellow sticker/reduced foods. We have also been going to the pub less often and instead invited friends over. So hopefully, I can reach my travel fund in the next 2 months. 🙂