You need money to travel, and you need money to clear your debt as well. With the limited resources the only way you can do both is by saving. Now, savings means sacrifices and proper planning and if you can plan well and stick to it, then you can do both with ease and comfort. Start with creating a budget which would only feature your needs and would be devoid of all your wants. This would not only put a control on your savings but would also help you to identify all those expenses which you thought as your need all these times.
The Categories of Spending
Spending can be categorized into three categories and dealt with accordingly. You have to meet the fixed expenses that include the rent or mortgage payments along with the entire utility bills like power and water. You would also have to pay the bills …