How to Travel on A Budget: Tips for Saving Money
Dreaming of a vacation but worried about the costs? Budget travel doesn't mean compromising on experiences. With the right strategies, you can enjoy an unforgettable trip without breaking the bank. In this blog post, we’ll share practical tips and tricks to help you plan a budget-friendly vacation.
Step 1: Planning and research
Set a budget
Determine how much you can afford to spend on your trip, including transportation, accommodation, food, and activities. Make sure to set an amount aside for unexpected costs, like baggage fees and taxis or Ubers.
Choose affordable destinations
Look for budget-friendly destinations where your money can go further, like Southeast Asia or Eastern Europe.
Think outside of the box
Santorini is a hugely popular tourist destination but can be expensive. Other Greek islands, like Naxos or Paros, offer the same beautiful views and beaches but at a smaller cost.
Websites like TrustedHousesitters or MindMyHouse connect travelers with homeowners who need someone to look after their home or pets while they're away. In exchange for free accommodation, you offer your time and care.
Programs like Workaway, WWOOF (World Wide Opportunities on Organic Farms), or HelpX allow you to volunteer a few hours a day in exchange for free room and board.
Travel outside of peak seasons
The Summer months (June, July, August and September) tend to be peak tourist season, meaning prices are high, temperatures are hot, and crowds are abundant. Depending on your destination, research which months, besides peak season, could offer a better experience at a fraction of the price.
Pack light
Many discount airlines charge extra fees for checked baggage. Bringing just a carry-on will make traveling a lot easier by not having to drag a bunch of luggage around while also saving money.
Step 2: Finding deals
Use flight comparison apps
Use the explore function within flight comparison apps, like Kayak, Google Flights, or SkyScanner. This allows you to choose a departure airport and compare prices to different destinations worldwide. Consider different airports that may be a bit further from a city center or booking with budget airlines.
PRO TIP
Remember that airlines like Ryanair have hidden costs, like baggage fees and seat selection; take this into account when booking.
Be flexible with flight dates
Research says that Wednesdays and Saturdays are the cheapest days to fly. Prices of flights fluctuate daily so make sure to turn on notifications on apps like Kayak or Skyscanner that will tell you if there is a price drop.
Explore all accommodation options
Opt for budget stays like hostels, guesthouses, Airbnb, and Vrbo. Booking.com is a great website that gives you cheaper deals than you would usually find on websites for individual hotels.
Move like the locals do
Use public transportation, cycle, or walk rather than relying on taxis and Ubers to get around your destination.
Step 3: Save on food and activities
Eat like a local
Restaurants in the immediate vicinity of tourist attractions tend to be expensive and, quite frankly, not that great. Instead, research places where locals eat. This allows you to try traditional recipes without breaking the bank.
Shop at local grocery stores
This is a great option for saving money and also an immersive experience that allows you to see different ingredients and food compared to your home country. Many grocery stores offer pre-made meals for a quick on-the-go option.
Find free or low-cost activities
Many museums offer student discounts or days when entry is free. Exploring the outdoors is typically free, so opt for things like hiking or beach days. Most cities also offer free walking tours that are tip-based, which is a great way to learn about the city's history and hidden gems.
Take advantage of tourist passes
Many cities offer tourist cards that provide discounts or free access to public transport, museums, attractions, and tours. Examples include the Paris Pass or London Pass.
Scan local deal websites
Websites like Groupon or LivingSocial often have deals on local attractions, restaurants, and tours. Check these before visiting a city.
Finance tips
Use local ATMs
Many large cities have easy-to-access, isolated ATMs located in popular streets or touristy areas. These tend to have extortionate conversion fees if you are traveling internationally.
Instead, find a local bank ATM and withdraw money there, where fees are significantly less. Also, consider converting some money before leaving on your trip. Visit your personal bank to get the best rate. They will be able to answer questions regarding credit card and international fees as well.
Consider an eSim
Data charges can be expensive. Consider using an eSim while traveling. Apps like HolaFly offer deals for unlimited data plans at low prices.
PRO TIP
Use apps like Google Maps or Maps.me to download offline maps of your destination. This can save on data charges.
Take advantage of loyalty programs
Don’t let your hard earned dollars go to waste! Make sure you join loyalty programs for the airlines and booking platforms you’re using to get the points you’ll earn with that trip. Accruing points can help you save on future trips and unlock exclusive-to-you discounts.
Traveling on a budget doesn’t mean sacrificing quality experiences. With careful planning and smart choices, you can enjoy a memorable vacation without overspending.
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