Pro Tips to Save Money While Seeing the World
Weekly Wealth Staff
Nov 22, 2022
Although it can be pricey to travel, that doesn't mean you can't explore the world on a budget. People are hopping from one country to another while on a limited budget. If they can do it, so can you!
Before your next vacation, sit down and strategize how to budget wisely. It will help you make the most of your experience. Whether finding cheaper flights or racking up travel points, there are plenty of ways to save money when traveling internationally.
Secret Tricks to Save Money While During Travels
Saving money is a must no matter where you go in life. How much more when you travel? Traveling can be expensive enough and the last thing you want is to end up spending more money than you have to! That's why we've put together this list to help you save money while traveling.
By following these tips, you'll be able to enjoy your trip without having to worry about breaking the bank.
1. Look For Cheap Flights
The price of your flight may depend on the day you book as well as the day you travel. For example, flights booked over the weekend are generally cheaper than those on weekdays. Additionally, weekday departures are usually less expensive than leaving on a Saturday or Sunday.
With the wide variety of flight search engines available today, it's hard to know which is best suited for your needs. To help you out, we listed the top flight search engines for comparison.
Here are some of the best flight search engines:
- Google Flights
Comparing prices between options is always worth your time and can save you hundreds of dollars!
2. Take Advantage of Travel Rewards
If you frequently travel, signing up for a rewards program can save you a lot of money. These rewards can cover activities, accommodations, and flights. Many credit card companies offer cards with sign-up bonuses in the form of travel points. Points can often pile up to afford an entire vacation from regularly using your card.
Aside from regular rewards, other programs offer additional benefits like travel and rental car insurance. Airline credit cards usually provide other bonuses, such as access to airport lounges and restaurants or waived checked bag fees.
3. Create a Travel-Friendly Account
You might not notice you're spending more than your budget on foreign transactions when on vacation. To avoid this situation, open a travel-friendly account that doesn't charge for international purchases. These accounts also have low wire transfer fees and better currency exchange rates.
You can save on travel expenses by setting up a bank account that doesn't charge high fees for using international ATMs. These accounts will also refund any charges by the machine's owner, so you can easily take out cash without worrying about hidden fees.
4. Use Your Home Currency Wisely
Traveling to countries where your home currency is worth more will give a higher value out of your travel budget. For example, the U.S. dollar and other currencies have way more buying power in countries like Thailand, Argentina, Mexico, South Korea, and Vietnam than in developed nations.
With this, travelers can find accommodations, food options, and other necessary travel items for low prices. A strong home currency can provide the luxury to treat yourself while on vacation. You can eat out at classy restaurants, book exciting tours, and even hire a professional tour guide.
5. Explore Short-Term Employment Opportunities
An open-ended working trip, commonly known as a “working holiday,” is the best opportunity for those who want to travel to a new country while immersing themselves in the culture. With the ability to work short-term jobs, you can save money or at least help pay for your trip.
People seek multiple short-term jobs in different regions to explore the country more. A working holiday is a perfect way to explore new places, meet interesting people from all corners of the world, and try things you always wanted to do.
Taking an open-ended working trip is possible if you have a working holiday visa. It is a permit that allows travelers to work in the country issuing the visa. This extra income can then fund travel expenses.
6. Consider Traveling Off Season
Various tourist destinations have different peak seasons. Flights and hotel accommodation rates highly depend on the season. For example, winter holidays, spring break, or long weekends are seasons when travel costs go up.
Planning your getaway during the offseason means taking pleasure in cheaper rates and a more relaxed atmosphere since there will be fewer tourists at your destination.
7. Find Cheap Transportation Options
Not only do you have to factor in the cost of your flights when budgeting for a trip, but you also need to account for ground transportation. Renting a car or taking cabs is a convenient and quick way to explore an area, but they can be pricey.
Staying near the central location will help you to see more places on foot. While using public transportation is cheaper, you can also research the area well before your trip to arrive at your desired destination without hassle.
If you're visiting a big city, try renting a scooter or bicycle instead of hailing a car. Many cities have ride-sharing and bike-sharing programs that are both cheap and easy to use.
8. Look For Budget-Friendly Accommodation
Although hotels offer luxurious experiences, they aren't always the best option in terms of cost or quality. Be open to other types of accommodation, such as hostels, rental apartments, Airbnbs, and house swaps. Aside from cheaper rates, alternative hotel accommodations also give a chance to meet new people or even new friends.
Here are things that affect how hotel accommodations cost to help you find the cheapest accommodation possible:
- Nearby tourist attractions
- Country’s economic state
- Unit quality
- Room type
Compare rates across multiple platforms to get the best deal possible before booking. If your trip is longer than a week or two, look into long-term rentals—many places offer discounts for extended stays!
9. Try Local Food Options
Tourists like to explore different places to find new food. But you don't have to spend too much money to eat well on a trip. The best way to get good value for your money is by avoiding restaurants that are popular with tourists. Instead, find places where locals go to eat. These usually have a better atmosphere, and the prices reflect what people who live there can afford.
Get the best dining experience by asking locals for their opinions! Hotel staff, baristas, bartenders, and restaurant staff typically know the best places to dine.
10. Spend Less on Souvenirs
Why buy overpriced and often unwanted items from your vacation when you can use your camera to take remembrance? Unlike physical souvenirs, digital pictures won't fade or break over time. You can also share as many copies as you want with friends and family members.
Although it may be tempting to buy a bunch of souvenirs, try to resist the urge. These items are overpriced most of the time. Buying unnecessary items could end up taking up valuable space in your luggage.
See the World and Save Money
With careful planning, patience, and creativity, anyone can travel on a budget. The experience of traveling on a budget is priceless. You get to save money, explore destinations in unique ways, come up with creative ideas for things to do each day, and even meet people from all walks of life.
Start your adventure today!
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