Tips for saving money traveling
Traveling is something that we all love to do, unfortunately our resources are limited. Luckily there are easy ways to save while traveling, check below for my favorite tips on how to travel cheap.
Many assume that you need plenty of money in the bank to travel.
The truth is, while it’s much easier to travel without a budget, you can still go on a trip and have a great time on a budget.
Traveling on a budget simply takes a bit more work, but it doesn’t have to be too difficult.
Below, we will go over some of the top ways to spend less while traveling.
How to travel more and spend less
1. Save Money On Your Flights
This is perhaps the best way to experience the most savings on your trip.
By cutting travel costs on your flights, you should be able to save hundreds or even thousands of dollars on your entire trip.
There are a few things that you want to do when you are looking to save on flights. For one, you need to exercise patience. The more patience you have, the better the chances you will be able to find a great deal.
Along with this, you should be looking to give yourself as much flexibility as possible for your travel dates. Obviously, if you have specific set dates you have to travel within, you are much more likely to be forced to spend extra on your travel plans.
You can sign-up for travel alerts with Kayak or other flight comparison websites which will alert you when the price for your trip drops.
This will allow you to jump on the best price for your intended trip. You should also be conducting price comparisons when you are booking your flights for your travel.
2. Travel Slow
One of the biggest mistakes people make when they go on a trip is trying to cram too many destinations on a single trip.
While it’s great being able to experience more cities, countries, and cultures (and rather tempting of course!) you are not going to be able to do so on a budget.
Typically, the most expensive portion of your travels will be the flights or transportation from one place to another.
By sticking to a slower pace of travel, you will really be able to take advantage of cheaper flights and transportation due to needing fewer.
Along with this, you will be able to take advantage of cheaper lodging alternatives because you can get discounts for longer stays.
The side benefit of opting for slow travel is the ability to experience the place that you are actually traveling to.
This will allow you to appreciate the place much better and see how locals live which can allow you to get much more authenticity and value out of your entire experience.
3. Travel Off-Season
The time of the year that you end up going to a place could ultimately dictate the total price that you would have to pay for it.
This is why it is so important to know exactly when you should be traveling to a certain location and when you want to avoid going on a trip to a certain destination.
The off-season will allow you to save a lot of money on your entire trip because you will be able to find discounted flights, lodging, and more.
Traveling during high season is one of the biggest mistakes that you can make when you are looking to travel on a budget, and also if you are trying to avoid crowds!
4. Use Credit Card Rewards
If you are looking to save a lot of money on all aspects of your trip, you will want to look to leverage credit card rewards that you have saved up already; if possible.
By leveraging the credit card rewards that you have already saved up, you will be able to significantly cut down on the total price that you would have to pay for your travels.
Credit card rewards can be very beneficial for those that want to travel on a budget without having to dip into savings
Depending on how many rewards you have, you might actually be able to get free flights during your travels which can make it effortless to travel on a budget.
5. Take Advantage Of Packages
Another good thing that you will be able to do is to take advantage of packages that are being offered to save money on the various attractions that you are looking to visit.
You will be able to find various packages being offered by discount services on different packages no matter where your destination is. You can find these at discount sites like Groupon and more.
6. Travel Arbitrage
When you are looking for budget places to travel to, you should be looking to take advantage of the currency exchange rate.
If you have a specific currency that has a strong exchange rate with a specific country’s currency, it can help you save a lot of money throughout your entire trip because you will be engaging in currency/travel arbitrage which can help you save money on everyday experiences, food, and things.
7. No Foreign Transaction Fees
Another major thing that you want to do if you are going to be traveling with a credit card would be to get a credit card that is not going to charge you a foreign transaction fee.
You want to get a credit card that you can use in the countries that you are planning on traveling in without having to pay an extra fee for conversion.
Amazon credit card has no annual fee and no foreign transaction fees* (read their terms and conditions here).
8. Pack Light
The luggage fees and all of the other fees that you are likely to experience when you are traveling are going to add up if you pack too heavy.
Pack as little as possible and you should be able to cut down on the transportation costs you incur throughout the entire trip including baggage fees and even having to get larger transportation options.
9. Book Places With Kitchens
You will want to try to book a place with a kitchen from a site like Airbnb.
By doing this, you will be able to cook a lot of your meals by purchasing ingredients locally from different stores. This can really help you travel on a budget because food costs can really add up if you continue to eat out every single meal.
Overall, there are plenty of ways to ensure that you are traveling well on a budget. By following the tips above, you should be able to save as much money as possible on your entire trip.
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