If you want to travel more often, then it’s a good idea to plan ahead for it. Rather than taking a vacation “when you can”, set a time and a place to travel in advance. If you do it often enough, then why not consider an investment that makes it easier to vacation more often? Here, we’re going to look at some investments that could make travel cheaper or more accessible in the long run for those who want to get out much more than they already do.
An RV
The trusty companion of many a road warrior, if road trips are your thing, then purchasing an RV or a trailer could help you make a lot of room in your budget. You can save money on accommodation, on food, and make sure you always have somewhere comfortable to sleep, road trip after road trip. For those who love being in charge of where they take their vacation, rather than letting the vacation take them, an RV can be a perfect way to do it.
A boat
Boats aren’t necessarily the sole province of those who can afford huge luxury yachts. If you love fishing, exploring rivers, cruising along the coat, or simply getting out to find some solitude away from land, then a small vessel like a pontoon boat could be a great investment. With the kind of gear shown at themarinebattery.com, you could make it ready for fishing, for diving, for navigating, and for keeping you and your family comfortable. If you know the real value of a trip out on the water, then you know how rewarding the right boat could be.
A vacation home
Vacation homes should not be bought on a whim. Yes, if you have a destination that’s your absolute favorite, they can be an easy way to ensure you always have a place to stay there. However, they are also expensive, so vacation homeowners need to think about the questions raised at wsj.com, such as how they’re going to make back their investment. If you’re willing to put the time in, by renting out that vacation home, you can even end up making a profit. If you solely want somewhere you can occasionally stay, rather than a piece of valuable real estate, then timeshares might be more relevant to you.
A travel fund
Perhaps you’re a little more varied in your travels or a little more improvisational. You don’t know where you want to go until you spot it. Rather than spotting it and having to delay it until you have the necessary funds, anyone who’s truly into travel should have an ongoing travel fund that’s always getting a little money put into it at any time. It can make it a lot easier to get up and go sooner when you decide where you’re headed next.
Think about the kind of vacations you want to have and the kind of investments that could make it a lot easier. You could save a lot of money, or even stand to make a profit in some cases.