Cash-strapped Australians are refusing to give up on travel, even as inflation and cost-of-living pressures shrink pay packets and force families to make tough budget calls.

A new report commissioned by global technology company Wise suggested millions of Australians are now prioritising travel over other aspirations.

Brisbane-based husband-and-father Jacob Aldridge squirrels away $1500 a month to keep his family’s travel dreams afloat and he and his wife took on a smaller mortgage and settled in a less affluent suburb to save money for trips.

“My daughter visited 19 countries before her first birthday,” he said.

Click here to read the full article and learn from some practical tips for saving for your next trip.