When it comes to travel, many of us turn into credit card ninjas, swiping our way through vacation bliss—dining at fancy restaurants and grabbing overpriced souvenirs. But once the thrill fades, reality hits like a bad hangover. Those shiny credit card bills start rolling in, leaving you wrestling with debt. Instead of relying on credit, why not learn how to save money for travel and give your wallet some much-needed rehab?
Channel your inner financial guru and save up like a chipmunk hoarding acorns for the big freeze. It’s simple: set up a savings plan where every paycheck contributes a little to your travel fund. Learning how to save money for travel lets you build a nice pile of cash that’s actually yours, earning interest instead of costing you. Plus, the excitement of watching your travel fund grow is a stress buster. So get your savings game on and get ready to take that international trip without the baggage of debt!
How to save money for travel?
Are you struggling with your desire to travel and managing your expenses?
How about earning an attractive return while you save money for your dream trip. Yes, now it is possible with our special Save, Earn and Travel plan, only for our participants.
Save, Earn, and Travel with DGA
- You select an upcoming trip
- You pay a certain (X) amount every month
- You earn 12% (per annum) simple interest on your investment
- You redeem your entire savings + interest earned in the trip later.
Frequently Asked Questions:
Which trips can I select?
This facility is available only for selected trips by DarkGreen Adventures with fees over 20,000 and if you book at least 6 months in advance. To check the currently available trips, click here.
What is the minimum amount I need to pay every month?
While there is no strict minimum or maximum amount, it is advisable that you pay X = trip cost (divided by) remaining months every month. For example if you book a trip which costs 90,000 nine months in advance then you can pay 10,000 per month.
Will my trip be booked by the first installment itself?
The trip will be considered as booked only when the total amount paid would be equal to the minimum booking amount for the respective trip. Till then, no confirmation of seats can be assured. Booking a trip and earning interest are different aspects.
What if I miss paying on a certain month?
It is okay if you miss paying on a certain month. However, please make sure that you have already paid the minimum amount for booking the trip.
Example: If you choose to pay an installment of 5000 per month and minimum booking advance for the trip is 15000 then you can choose to skip a monthly installment only after paying first three installments. This is to ensure that your booking is confirmed for the chosen trip.
Is this facility available if I don’t book a trip?
No, the facility is only available subject to booking a trip and assistance is for “How to save money for travel?”. This is not a general investment opportunity as we are not a financial institution. However, if you are unsure which trip you want to select, then you can start saving the money with us and choose a trip at a later stage, subject to availability of seats.
Example – you start investing in the month of May, but you choose a trip in the month of October. This is also subject to the 6 months condition mentioned above.
Can I change my trip date or location?
We can allow this only in some cases depending on factors like how early you inform us and if seats are available in the desired trip etc. However, this is not an assurance that you will get to change the trip.
Can I encash my earnings?
No, you can only redeem it on our trips. Encashment is allowed only if we (organizers) cancel our trip due to any unavoidable situations.
What if I cancel my trip?
If you (participant) cancel your trip personally then the cancellation charges will apply as per the cancellation policy mentioned in the trip. If there is any amount remaining after the deduction then you can redeem it in another trip.
Example – your accumulated amount is Rs.62,000 and the trip cancellation charges is Rs.30,000 then you can redeem Rs.32,000 in any other trip. The remaining amount cannot be encashed.
What if the trip gets canceled?
If we (organizer) cancel the trip from our side then you can choose to either encash or redeem the accumulated amount in another trip.
What about flight bookings?
You can tell us to redeem your accumulated amount for booking flights, related to DGA trips only. In other words, we won’t do flight bookings if you are not traveling with DGA.
In case of flight booking, you won’t earn further interest on the amount spent on booking.
Example – If your accumulated amount is Rs.55000 and we spend Rs.30,000 for booking your flight on a certain date. Then you will earn interest only on the remaining Rs.25,000 after that date. This is considering that people might book the flights much earlier than the trip date.
How is the interest calculated?
You will get only simple interest calculated every month based on the amount paid till the last date of the previous month. No interest will be paid for the month of travel.
Example 1: If you have paid Rs.20,000 till 31st May and paid another Rs.5000 on 12th June. You will accrue interest only on Rs.20,000 in the month of June. The remaining Rs.5000 will accrue interest from the month of July.
Example 2: If your travel date is 15th Oct then you will earn interest only till the month of Sept
What if my accumulated amount is less or more than the trip fees?
If your accumulated amount is less than trip fees then you can pay the difference a few days before the trip.
If your accumulated amount is slightly more than trip fees (difference of Rs.1000 max) then you can encash it from us during the trip.
If the amount is considerable (more than Rs.1000) then you need to redeem it in another trip.
Can someone else redeem my accumulated amount?
Yes, you can redeem your amount for someone else by booking their trip with DGA. This will encourage more people to learn about “How to save money for travel”?
Check out the list of international departures here.
