It is no use wondering whether or not you should travel while you still have a huge debt to clear. Following your primary objective of getting rid of your debt at the earliest you should keep on making the payments monthly towards your debt but at the same time take out some time to travel so that you do not deprive yourself of the beauty and serenity of nature. There are a lot of people who travel even in debt but can get out of the trap in due course of time. Following some simple steps, things would appear to be simple and easy to you as well.
Make Some Sacrifice
You simply have to select a local destination for that matter, travel on foot locally as much as you can and stick to the bare necessities and avoid any extravaganza. There are some sacrifices to be made in the course so that you can fulfill your desire of travel and save money at the same time. You should only stick to cash expenses only and leave all your plastic cards behind. This would limit your ability to spend and prevent you from making any unnecessary expenses. You would think twice always before you make any purchase and therefore save a lot of money in the end.
Plan Your Trip Early
It is evident that you need a careful and strategic planning for your trip especially when you are traveling on a budget. It is better to travel in the month of September and October and start the planning in January so that you get all these months in between to save some money and accumulate the required cash for your travel. It is better to create a free savings account so that you know how much money you have and also that the entire money in that account is for your travelling purpose.
Pay Off Your Debt
During such planning period you should not skip any payment toward your debt as one single skip would mean the addition of your debt regarding interest and accrued interest. You should not ignore it as that it the primary objective of yours and it is that debt which is making you travel in the budget. If at any point of time of the year you find that the debt consolidation loan rates have fallen considerably, then you can take it up and clear all your other debts and concentrate on a single payment. This would even help you to save more for your trip in October.
Do Not Take On Debt
After taking the consolidated loan and clearing the debts, you should not take on any further debt, good or bad but only concentrate on the single loan you have now. Moreover, you can ask a friend of your to take over your finance control if you find it uncomfortable to keep up with the sacrifices that you have to make to travel peacefully later. Therefore, since you have the option, you should not deprive yourself of the pleasure of traveling.