Just like at home, there can be unforeseen events when you are traveling that will deplete your savings, such as missed flights, a misplaced camera, or a change in plans that results in you having to spend more for lodging.
Although you cannot prevent these events, you can prepare for them. For example, you may plan ahead, keep an eye on your spending, and ensure you can afford to go places.
Here are eleven ways to make sure you never run out of money for your trip:
#1: Compare the airfares
You may have mastered the art already if you are a frequent traveler. Comparing airfares is not a myth. It offers a lot to save while you plan the next flight.
Most national airlines offer certain fare discounts to promote tourism. Take advantage of these offers, consult a local travel agent, or compare prices online.
#2: Schedule and book the hotel carefully
Booking a financially-wise hotel has also become more accessible with online tools like Booking.com.
The tip is to schedule ahead of time and keep the seasonal price hike in mind. Do not just rely on an online forum and community comments; explore the booking a bit deeper to avoid cancellations and disappointment.
#3: Avoid the luggage and lounge costs
Pack your luggage smartly. If you booked an economy ticket with your airline, chances are you will be charged for luggage over a small weightage.
#4: Avoid the airport rentals
In case you forgot to book a car rental in advance, finding one at the airport is never a good idea.
Airport rentals for cars and hotels are always expensive, especially if you arrive on a busy day or season.
#5: Foreign currency and credit card fees
Avoid using a credit card that incurs a foreign currency transaction fee. Of course, avoiding all credit card transactions will be challenging, but you can ensure you have a credit card that offers you no foreign transaction fees and conversion savings.
#6: Get the city tour cards
City tour cards in Europe and Asia are viable options for travelers. With city tour cards, you can find free tourist attraction entries, discounts on dining, and travel, to name a few benefits.
#7: Travel by foot or use a public transport
If you plan out of the city and the city tour package or card does not cover that travel, you will be better off traveling by public transport.
In the town, as much as you can, explore the attractions on foot. It will be a rational thought to share your ride with a group. Also, think of renting a bicycle rather than a motor car – it sure sounds fun and light on the pocket.
#8: Explore local discounts and offers
Tourist attractions and places almost certainly offer packages and discounts to travelers. Much like seasonal sales and discounts on certain items, your tourist destination will offer saving options everywhere.
Again, befriend Google, reason, and take full advantage of the saving options with local discounts and offers.
#9: Do not shop spontaneously
Never shop when you see a “buy now” or “sale till midnight” board unless you find a rare souvenir and you had that on your shopping list in the first place.
One way of rational spending is to explore the sale and discounts but buy only the items that make sense. You can bring back memories by capturing cherishing moments on camera to share with your loved ones when you get home.
#10: Do not eat out for all meals
Dining out and trying the local cuisine is fun. It is one of the most attractive items travelers spend money on. However, it is also the leading cause of finding yourself with a thin budget in the middle of your vacation.
Take it this way; if you can have a meal daily back in your hotel room, you can use the saved money to travel farther or stay abroad longer. Even better if you can make a cup of coffee by yourself rather than spending precious dollars on a Starbucks daily.
#11: Stick to the budget and travel plan
Believe it or not, this is the most rational advice for travelers. The best thing to do on your budget travel will be to set up a budget, compare prices and discounts, and stick to your travel plan.
What is your number one advice for saving money while traveling?
