In the last article we discussed how to analyze your current household expenses.
Now we want to consider trimming current expenses.
During the working years of the Adventure Possible life, we encourage would-be adventurers to scale back their lifestyle for two reasons.
First, by scaling back your lifestyle and spending less, you can throw more money into the adventure travel kitty or investments.
Second, when you leave for your adventure, your spending and lifestyle habits will be going with you. By moderately curbing your lifestyle now, you’ll reduce the amount of money you’ll need to support your adventure lifestyle.
For sure, the ‘cutting costs’ concept is the ubiquitous, unsexy advice to accelerate any savings plan. But it arises so commonly for good reason. It works.
We’re not suggesting that you whittle your life into a displeasurable existence, eating rice and beans at every meal and sharing a toothbrush with your partner.
Live well, but live moderately, making small choices that have big financial impacts so that you lower the financial barrier to adventure. Reducing your spending will also help you reduce your stuff, which will come in handy in a later step when you’re shedding things before departure.
While you’ll find some cost saving tips on this site, especially associated with gear, we’ll leave the cost cutting tips and tricks to the pros, as the ways to cut expenses in your daily life are seemingly infinite, from coupon clipping, to carpooling, to credit rewards points. We’ll never know as much as the people who devote their lives to these topics. We suggest checking out places like Nerd Wallet, Clark Howard, and
What’s Next? Step 5: Create an Adventure Travel Budget
When you think you’ve appropriately cut expenses, continue on to Create an Adventure Travel Budget.
What’s Before? Step 3: Analyze Current Household Spending
If you don’t have a solid grip on your spending habits, go backwards to read step 3 on analyzing your household spending.
Related Articles about Cutting Expenses before Adventure
The articles below may help you cut everyday and periodic expenses.