Imagine being able to visit the Grand Palace, or the Tiger Temple, to be able to freely experience the everyday life there, to go about your business using a tuk-tuk, and to taste the street food. However, our finances often hinder our wishes to experience the cultures of the world. Or do they?

Accommodation

Don’t try to limit yourself into finding a comfortable hotel room. There are places that charge $1000. This is definitely out of the question, though, luckily, these places are not as common as the other kind. If you do your research properly, you can find a location for yourself that charges less than ten dollars a night. Remember to include hostels and private residences in your search. Or, if this is something you are comfortable doing, consider using a couchsurfing community.

Food

Do you need to eat? Of course. Is it necessary to happen at a classy restaurant? Not really. Traveling on a budget does mean eating on a budget as well. We suggest taking to the streets. It is a great way to experience the food that is less influenced by the effects of globalization first-hand. It is fairly easy to have a tasty and filling meal for as little as 50 Thai Bahts, or less than $2. If you forage, you are likely to find good, exotic, and healthy nourishment for less than a dollar.

Sites

Visiting the sites can be both enjoyable and frugal.

If your travel plans allow you to travel through Bangkok, make sure you visit the one and only Khao San Road. You are very likely to find backpackers from all over the world here, who, like you, revel in absorbing the spirit, the noise and the people of Thailand. It is by far one of the most interesting places in the world.

If you are traveling on and around the Khao San Road, you will, perhaps, have the good fortune to visit Wat Chana Songkhram. Simple in design, and revered for its age, it is just one of the many temples you can come across in Thailand.

A Word to the Wise

Some of the traveling tips found here were written with backpackers in mind. It is also easy as pie to plan for a family vacation, but the hostels and anything of that nature should be disregarded as potential accommodation. That being said, you can still save a ton of money on food and sites.

To many people, the image of Dan Bilzerian comes to mind when they try to visualize the life of a professional poker player. They’d see a gun wading mafia posing alongside with his bikini-clad ladies; a smoke-blazing cigar, Instagram-worthy parties, as an intricate part of the image.

In real life, however, a professional poker player lives a life that’s far removed from the glitz and glamor it has been painted to look. It definitely requires some level of skills, perseverance, a fair amount of luck, and the unabashed use of guts to play this game at the professional level.

Just as with everything else, however, the lifestyle of a professional poker player is attractive to certain kinds of person – an individual who isn’t ashamed to spend eight hours at the casino every single night while having as company people with shady characters. Some professional players got into poker not by design, but by accident, said Dave, a former player for Commsec, and he is a prime example of that. According to him, he had accumulated enough leave; and was looking forward to a fun-filled holiday. It was during this leave of absence he stumbled onto poker playing. He noted that he made $40,000 in the first two months of playing that he thought to himself “This is cool. Why work when I can have fun playing poker?

While one can say that luck is a significant factor, the truth is, skill equally takes a significant chunk of the credit. Part of the skill required to be successful in the game is the ability to look for and recognize both good and bad spots – this ability means, you’re able to spot the right table to place your money on. The income of professional poker players varies and can swing from tops as high as six figures to plummeting lows. And also, most poker players have horrible spending habits which compound everything.

Typically, the average day of a Pro poker player would always be a mix of losing and winning. A professional player could win or lose from $1500 to $2,00000 per day.

In poker, they say your profit for the month is your top 10% of your overall winnings for that month. The other 90% would cancel out your losses.

Unlike other types of gambling where the winner comes house by house, poker is a different game. In poker, the longer you play, the better your chances. And, the better your chances, the more likely you’ll make a profit. Professional poker players can play an average of 200 hours every month. This translates into 10 hours a day for 5 days a week. Using the top 10% rule, that is a profit of $13,000. Some players play more hours, others play even less. Some earn lesser than that. And, some professional poker players earn far more. Still, a lot depends on your style and your stakes.

One of the secrets young professionals do not recognize is that they don’t have to be the very best poker player in the world. All you need is to be better than the other nine players around your table. The significant difference between the good players and the bad pokers is that the good players would instead stick with it for years.

But, the bad players would come once a while. They’re always expecting luck so they could win, forgetting that poker is as much as having the right skills as it is about chance.

Traveling the world is an adventure no one has ever regretted. It is such an eye-opening activity that you would wish never comes to an end. Despite the fantastic offers such as the beautiful locations you get to visit, the animals you see, the people you meet, and much more; going on holiday to another country or visiting a new place doesn’t come cheap.

Although traveling the world isn’t a cheap thing to do, some places are more expensive than others. For example, the amount you would spend traveling to Paris and staying there for a month isn’t the same amount you would spend traveling and staying for a month in Alaska.

Several locations have their own unique offerings and these offering come at different prices. In this piece, we will take a look at the most expensive places you can visit on holiday.

Can you guess what places are on the list before we reveal them to you? See the list below.

Switzerland

Seen as one of the neatest and most peaceful countries to live in the world, Switzerland is such an attraction all by itself that its capital, Zurich, is visited both in the summer and in the winter.

Tourism-wise, Switzerland is a sleepless country. With the strength of the Swiss Francs coupled with astronomical hotel rates together with a high cost of living, Switzerland is quite an expensive country to visit. The average price of accommodation per night in Switzerland is believed to be around $200.

England

While the United Kingdom may not hold as much power as it did a hundred or more years ago, she is still one of the most expensive places to visit.

Although new locations like Dubai have evolved from around the world, London remains one of the top destinations for visitors. While the average cost of accommodation per night is lower than that of Switzerland, it is still around the $170 mark. If you are going with a spouse, you should also remember that taking a meal for two at a mini-sized food service establishment would cost you $60 on average.

Denmark

Denmark isn’t particularly known for her interest in world leadership or politics. This is a country that prides herself on the dignity of her people, national leadership, and an excellent environment.

In ancient times, the Vikings focused on attacking opposing countries; today, Denmark is a country millions of tourists want to visit every year. As a tourist, everything about Denmark is expensive. When you visit, you should have it at the back of your mind that the average cost of accommodation in this country is about $200, and you should prepare for more.

Singapore

Singapore doesn’t need any introduction. This is the country whose average citizen’s per capita income far exceeds that of the rest of the world.

You should still come prepared to shell out about $200 on average for a moderately rated accommodation. The thing is, Singaporeans are generally affluent, and so you should also come stuffed with enough dole.

Barbados

This is a premium tourist destination for the majority of the globe’s travelers; hence, It is not surprising to have this Caribbean island on our list.

A three-course meal would cost you above $150. You will spend $180 for accommodation on average. If these figures sound affordable, you shouldn’t stay back. Barbados is a place to be.

Winning the lottery may just be the luckiest way anyone can become rich. People have won hundreds of millions of dollars previously, and that is set to continue till probably, infinity.  While you may invest a lot of thought when picking the right figures, it is logical to admit that winning lottery is majorly a result of chance.

That said, how would you react if you won the lottery while on a trip?

Be Quiet

Regardless of where you were when you got a notification that you have won the lottery, try as much as you can to remain calm and collected. Of course, it is easier said than done; but the truth is you do not want to make a scene and attract all the attention to yourself that you have just won some millions of dollars.

Cool Off

Many people would tell you to start calculating your net worth and investing as much as you can. That’s one of the worst advice, you’ll get, and if followed through would likely lead to catastrophic results.

If you won the lottery while on a trip, continue your journey for an extra 30 days and never look back; this way, it is easier to think on those things you really want to do with the money. You don’t want to start paying off debts even before you receive the money.

Get a Reliable Financial Advisor

There is a probability that you have never had this kind of money before. Hence, you may need the professional help of a financial advisor who would help you weigh financial decisions before going ahead to execute any plan.

More so, your financial advisor should be the kind of person who isn’t just experienced about finance but also has vast knowledge about investment. This is important just in case you want to invest the money so your personal financial advisor can tell you the stocks to look at and those you shouldn’t; the ones that are safe, and the ones that aren’t.

Give Reasonably

At this point, many people would come to you saying they need this help and that assistance. While you are obliged to give to anyone who comes around, you should know that most of them just want to have a share of the cake. They do not have any need, they want to satisfy their greed.

Give yourself some treat

It is your money, and you deserve to spend as you wish. Endeavor to give yourself some delicious treat – visit more places if you need to. During times like this, some people would be afraid of spending too much which is normal. You should spend on your well-being and do so wisely. However, take care not to let this spiral into an uncontrollable maniac.

Learn to Say No

Finally, the power of No can be the difference between your present rich status and that of being broke. You know the one you prefer. Hence, not everything should be given consideration. Even few of those things that are given attention should be carried out.

To own an island is one of the wildest dreams anyone can ever have; but of course, we know dreams do come true. However, it is essential to have a plan or structure for the realization of dreams. The same thing applies to buying a private island. You have to put in place those elements that can help you realize this wild dream.

It is vital to understand that buying an island isn’t always an expensive thing. If you doubt this statement, ask British billionaire Richard Branson who owns Necker Island. Once you realize that islands can actually be affordable, we can move forward to the major points of this article. The procedure for buying an island is similar to the same process you’d take when purchasing any piece of real estate. However, there are some additional components you need to consider such as the nature of the surrounding waters and whether there’s a natural harbor there too.

So here are some tips you could follow.

Have a Budget

Just like any product you want to buy in the market, you need to create a pre-determined budget in order not to over-spend on the item or purchase additional irrelevant products or incur unnecessary expenses. It is possible that you may not have enough money to afford the island you really desire. In this scenario, you can go with two options.

One, you wait until you have enough money to purchase the island. Two, you keep looking for the perfect island that meets your budget. Richard Branson did the second.

Decide what you want to use the island for

While you may be looking forward to buying an island, there are different uses you can put it to. First, you may be looking forward to living there permanently. Second, you may be looking to make it a vacation location for you and your family. Third, you may want to use it to make money by renting it out. The fourth scenario is a combination of the first and the third – living there and renting it out. Many island owners go with the first and the second. However, the shrewd ones go with the first and the third.

Legal Documents

There may be the need to obtain some legal documents from the governments. Hence, you will need to know the documents you need to fill and the process involved in such before outrightly buying the island.

Get a Lawyer

The fact remains that laws vary from place to place, and from environment to environment. In this kind of deal or transaction, you need to involved lawyers that are particularly skilled and knowledgeable about laws that relate to properties and island purchase. Some countries do not allow non-citizens to buy real estate outrightly, but they can have it on a long-term lease. Hence, do not experiment with your money.

So there you have them; the above tips have been written to guide you when looking to purchase an island. Islands are one of nature’s most relaxing locations; you have to take strategic steps when planning to own them.