How to Save Money While Traveling

Traveling is fun. But paying the hefty bills sucks. Here are some great tips that you can consider before or during your travel to help save a few bucks.

Set a Budget

Create a budget and stick to it. That’s easier said than done, right? However, budgeting is not all that bad. As you make your plans, it’s important to consider the cost of transportation, accommodations, meals, and any other expenditure or activity that may arise during your travel. Also, be realistic and make the budget depending on the purpose of your trip.

Rent an Apartment

Depending on how long you plan to stay, shop around for budget-friendly apartments. Some come with additional services like full-time cleaners, chefs, or nannies for those travelling with kids. Either way, apartments are often a cheaper alternative to hotels.

Consider a Hostel

A hostel is even cheaper than an apartment. Although you won’t have as much privacy as you will in an apartment, the services provided are equally good.

Travel During Low Seasons

Traveling during off-peak seasons will not only help you save, it will offer you all the comfort that comes with 5-star luxury at the cost of a 2-star. You should also experience less congestion in your accommodations, flights, taxis, and attractions.

Save Money on Meals

If you rent an apartment or a hostel, buy the groceries for your meals. If grocery shopping is not your thing, ask around for more affordable food joints.

Research Convenient Modes of Transportation

Before you travel, do your research on the most economical mode of transportation available. Similarly, compare flights and settle for the most economical option that doesn’t inconvenience you. The same applies to the trains and buses. Sometimes booking in advance could earn you a discount. By all means, avoid the last minute rush. You might miss a vacant slot, and if you do find one, you’ll end up paying exorbitantly.

Travel at Night

It will allow you to sleep through the journey as well as save one night’s accommodation fee. Isn’t that awesome?

Understand the Currency and Exchange Rate

If you’re traveling to a foreign country, understand their currency. Avoid changing the currencies at the airport. These are usually overrated. Consider exchanging the your money at a bank. You can also consult with your bank about the feasibility and rates of using a debit card in a foreign country. It might be cheaper.

Travel Light

You do not need to carry a whole lot of luggage; it will add on to your expenses especially if you are taking a flight. Bring only the most important items that you may need while away.

Avoid Tourist Traps

Locals know that travelers come loaded with money (even if you’re not). So they’ll work extra hard to extract as much as they can from you. Which is not a bad thing. You’re simply supporting local tourism, right? But if you need to save, stay away. Commodities sold in these centers are overpriced. If you don’t believe me, take a little walk to the nearest store and compare the prices of similar products. Look for affordable items slightly off the beaten path where the locals are. You’ll thank me later.

Take a Walk

One of the best ways to save money is to walk around the town you’re visiting. Avoid taking cabs for short distances. Besides, it is a natural alternative to keep fit. Familiarize yourself with the town, interact with the locals, and take photos and videos for the keepsake.

Avoid Guided Tours

Guided tours will always cost you extra. In some areas, you only need a Google map, to help you get around. Unless you’re in an area where you require detailed guides, especially in animal parks, caves, and other historical sceneries, be your own guide.

Make the Most of Free Tourist Attractions

If you’re on a sight-seeing vacation, ask around for free entry spots. Entry to public beaches, waterfalls, mountains, and lake views usually come without a hefty price tag.

Avoid Overindulgence

Go easy on alcohol, and other lifestyle pleasures that can max out your travel budget. If you do plan to drink, take advantage of happy hours, coupons, or other discounts.

Have you ever heard of the saying “if you fail to plan, you plan to fail?” Don’t be a victim. Traveling with a plan can help make your experience much more enjoyable.

Image credit: [Pexels]

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