Regardless of your motive for traveling, it is always important to sit back and devise a plan – a strategy – on how you want to go about it. How would you raise funds to finance the trip, how will you clear your existing debts once you are gone, how will you survive when you get to your destination?
Everybody dreams of traveling at some points in their lives. Some want to embark on a journey away from their cities, while many others wish to tour the world. Regardless of your motive for traveling, it is always important to sit back and devise a plan – a strategy – on how you want to go about it. How would you raise funds to finance the trip, how will you clear your existing debts once you are gone, how will you survive when you get to your destination? These are definitely some of the questions flying across your mind. And it becomes more worrying when you have debts to deal with because the fact that you are leaving your country or city doesn’t stop your debt payments. Debt payment will inevitably affect your savings plan, how you use your income and every one of your financial situations. How then can one travel while still paying their debt? An IVA may be your ultimate solution to achieving this. Because it is a debt management scheme that is designed for these types of situations.
Travel close to home
Traveling doesn’t necessarily have to be across oceans. Especially when you are on a budget, finding a new city to visit in your region might help you realize your dreams without necessarily breaking the bank, or altering your debt payment strategy. There are always dozens of places nearby that you’ve never been to, many of which can satisfy your thirst for a new adventure. Since you won’t have to fly to these places, you can travel cheaply by bus or use the metro.
House-swap
One of the most significant challenges of traveling is finding the right accommodation. You will surely have to spend on the apartment you will reside throughout your stay in the new country or city. However, it may be difficult for you to pay for accommodation if you have some debts you are dealing with. So, wouldn't it be nice if you can find an alternative way to go about it? If you are lucky enough to have an apartment in a desirable city, chances are you can find someone across the country or elsewhere in the world to swap homes with you for a certain amount of time. You can check online for some platforms that offer these exchanges. So, you can tick accommodation off your traveling bucket list, while still comfortably paying your debt.
Find shared rides
Another way to cut costs when you want to travel is to find shared rides. This will help you save as much as half the original price of traveling. Hence, you can still keep up with any debt payment obligations you have at hand since you wouldn't be spending too much on your traveling cost.
Volunteers
As a volunteer, you will experience traveling in a whole new dimension. Some individuals, hosts, farmers, and growers around the world usually look for volunteers as part of non-monetary exchange. These bodies post their need for help on the internet, offering volunteers an apartment, feeding, and a comfortable stay in exchange for their assistance. There are usually many such platforms available, so interested volunteers are at liberty to choose the country and host that best suits their needs.
Improvise
Instead of finding cheaper ways to travel because of your debt payment, why not find more natural ways to clear your debts, so that you can travel comfortably? In order to find a better way to manage your debt, you may have to search for improved interest rates, debt management schemes, and many others. What you get in return is a much-improved system of debt payment, which allows you to channel enough money into your traveling agenda. One of the best debt management schemes that anyone can use to manage their debts when they want to embark on a journey is the IVA. And although there are different IVA, one can still find the appropriate one that fits their existing debts.
Find alternatives
Traveling involves many aspects, such as documentation, transportation, feeding, and accommodation. If you are the type who's traveling on a budget, you might want to review your options every step of the way. A good practice would be to check around to see whether you can get cheaper offers and deals at every point of your travel.
