Traveling can be expensive, but it doesn't have to be. There are many ways to save money while traveling, both big and small. You can easily slash your travel costs by being mindful of your spending and making a few adjustments.
Eating smart, taking advantage of off-peak tickets and asking a local for advice on the best way to get around are a few ways you can put money back in your pockets.
So whether you're planning a spring break or summer vacation trip, read on for some helpful advice on how to save money while traveling.
1. Do Some Research Before You Go
Before booking your tickets or making any firm travel plans, it's essential to do your research. Not only will this help you save money, but you'll also be able to avoid any potential pitfalls along the way.
This is key – by doing your research ahead of time, you'll be able to find the best deals on airfare, lodging, and more. There are plenty of resources to help you along the way. Websites like Skyscanner or Kayak allow you to compare airfare prices quickly and easily.
For example, if you're headed to a popular destination like Paris, it's essential to research and find out what attractions are nearby. You wouldn’t want to visit a city and miss out on seeing the most popular attractions there. You can also research your destination to find out if any festivals or events are happening that you could take advantage of.
2. Planning Can Help You Save Money On Flights And Hotels
When it comes to travel, the early bird does get the worm. Planning your trip well in advance can save money on flights and hotels. This is because many airlines and hotels offer discounts for booking their tickets or rooms far in advance.
If you're flexible with your travel dates, you may also be able to find better deals. Flying on a Tuesday or Wednesday is often cheaper than flying on a Friday or Sunday. Hotels generally offer lower rates during weekdays instead of the weekend as well.
3. Look For Free Activities In The City You're Visiting
One of the best ways to save money when traveling on a budget is to find free activities in the city you're visiting. Many cities offer a variety of free or discounted attractions, including museums, walking tours, and more.
Numerous museums offer free admission on certain days or hours. This can be a great way to explore a new city without breaking the bank. Additionally, many cities offer walking tours that are a great way to see the sights and learn about the history and culture of the area.
4. Eat At Local Restaurants Instead Of Tourist Traps
One of the most significant expenses while traveling is food. To save money, try to eat at local restaurants instead of tourist traps. This will not only save you money but will also give you a more authentic experience.
Local restaurants often have lower prices than tourist traps, and they're usually a lot better in terms of quality and taste. To find local restaurants, you can ask the hotel staff or do a quick Google search.
5. Bring Your Snacks And Drinks To Avoid Paying High Prices
One easy way to save money while traveling is to bring snacks and drinks instead of buying them on the road. This can not only help your wallet, but it can also help you avoid the hassle of trying to find a place to eat every time you get hungry.
Additionally, many tourist attractions and hotels charge exorbitant prices for food and drinks. You can avoid these high prices and save money by bringing your own.
6. Pack Light To Avoid Checked Baggage Fees
Many airlines charge high fees for checked baggage, so it's best to pack only what you need. Also, packing light will help you avoid carrying a heavy suitcase. Pack items that can be easily rolled up, such as t-shirts and jeans, to make packing a breeze.
In addition, make sure to wear your heaviest items, such as jackets and shoes, on the plane to save space in your suitcase. Following these tips can avoid checked baggage fees and help your money go further.
7. Use Public Transportation Instead Of Renting A Car
Taking public transportation instead of taxis or rental cars can save money and be a fun way to explore a new city or town. Just be sure to research in advance so you know how the system works and how much it will cost you.
Many public transportation systems offer discounts for multiple-day passes or group rates. This can come in handy if you travel with family or friends. Taking public transportation can also save precious time so you don’t have to go looking for a parking spot, or better yet, spend money at a parking garage.
8. Stay In Hostels Or Airbnbs To Save Money On Lodging
Staying in hostels or Airbnbs can be a great way to save money on lodging. Hostels are often much cheaper than hotels and offer a unique experience. When traveling in a group, Airbnbs are also usually more affordable than hotels and can provide a more authentic experience. Searching in advance ensures that you stay in the part of the city that you want to and allows you to find the best deals.
9. Travel During The Off-season
One of the best ways to save money while traveling is to travel during the off-season. This is when hotels and flights are typically cheaper. Additionally, there will be fewer tourists so you'll have more opportunities to explore without crowds. It is typical that most popular destinations cost more during the summer months as well as during the Christmas season. Managing your budget might seem difficult if you need to travel during peak season, but there are plenty of other ways to save money during the holidays.
How To Track Your Spending With An App?
Using an app is great if you want to track your spending and find ways to save money. There are a lot of different apps to choose from, but one of the best ones for tracking spending is Hiatus. Hiatus is a financial app that helps people cancel forgotten subscriptions, lower monthly bills, and set custom budgets. In addition, this app can help you break down your spending into categories to see where your money is going.
Looking at your spending in different categories can help you find ways to save money. For example, if you spend a lot of money on eating out, you might want to start cooking more meals at home. Or, if you saved a lot on accommodation, you might be able to use that extra money for transportation or other expenses. Tracking your spending can help you make smarter financial decisions and save money in the long run.
Now that you know some of the best ways to save money while traveling, all that’s left to do is start planning your trip! Keep these tips in mind when booking your flights and hotels, and you’ll be sure to save a pretty penny. What are some of your favorite tips for saving money while traveling? Let us know in the comments below!