Saving money and traveling often don’t go hand in hand. Paying for the tickets, staying in a hotel, and generally being away from home does not seem like a perfect way to save up. There are just too many expenses that keep adding on, so if you ever found yourself abroad with not much money, don’t worry, it happens to many people. However, if you’re looking to have a smooth and carefree trip, it’s important to know what you’re doing, especially if you’re traveling for a longer period. So, whether you just need a change or you intend to work as a digital nomad, it’s of utmost importance to have certain skills that will help you save money and have fun on your trip. So read on to find out how to stay afloat while enjoying yourself traveling.
Do your research before going on a trip
Hopping on to a plane and jetting off somewhere new is a dream come true for many, but it’s advisable to stay level-headed and do your research prior to your trip. So, rather than daydreaming, make sure to learn about your destination. It’s important to be somewhat informed about accommodation options, crime statistics, traffic conditions, and prices so you’ll be able to control your budget accordingly. There are many forums and online groups that offer valuable information so feel free to join them and prepare financially for your trip.
Plan your itinerary (to a degree)
Sometimes, it’s tempting to make a little detour road trip and those moments are often the most cherished ones. However, if you’re thinking about adding a few more destinations to your itinerary, it’s essential to plan beforehand. You can buy tickets in advance or use special discounts to book accommodation early. Making a bit of a plan is definitely great news for your wallet.
Take advantage of public transport
Car hire is super convenient but often pricey. If you opt to explore a new place with public transport, you will save a lot of money. Using city cards that cover multiple ways of transport is a much better option than buying each ticket separately. In case you feel confused about remembering the schedule, feel free to download a local app to learn more.
Outline your budget
Maybe having a strict budget isn’t a perfect idea of fun, but it’s surely helpful to know the amount you’re willing to spend. That way you’ll also know which restaurants to eat at rather than trying your luck. When you plan your budget, you should pay attention to your expenses, however, feel free to treat yourself whenever the situation allows for it.
Don’t neglect the importance of luggage
Traveling lightly is a goal we should aspire to, but that’s often not possible due to the length of your trip. Therefore, investing in quality luggage pieces and using credit card luggage promotion offers will certainly save you a lot of money in the long run. Perhaps these things don’t seem that important to you, but they can be life-saving if you plan to travel frequently in the future.
If possible, reduce eating expenses
It’s tempting to visit new restaurants, but unfortunately, that can be draining on your wallet. Instead, make sure to find the best local restaurants that are also affordable. Additionally, if you rent out an apartment, you can make your own food. Be sure to go to big supermarkets as they’re much cheaper than nearby convenience stores. In case you plan to enjoy long walking tours, make a sandwich and bring it along. It will be a great snack when you feel hungry in the middle of the day.
Buy your own stuff before the trip
“Wait till you buy there” sentiment is fine when you’re not trying to save up. But, if your finances are a bit tight, it’s smart to buy all the necessities before you leave. Basic cosmetic products, medicines, and some extra socks should always be on your packing list. If you’re new to a certain place, chances are you won’t be familiar with where to shop, so it’s better to be prepared and have everything that you might need.
Have some extra money on you
Setting some money aside and leaving it safely in your suitcase can be life-saving in case you get mugged or lose your wallet. That way you’ll be something to fall back on, plus you’ll be able to avoid borrowing from others in case of an emergency. Keeping that money away from your main wallet will also reduce your temptation to extra spend on various treats and overpriced souvenirs.
Be smart when buying souvenirs
Many souvenir shops tend to sell overpriced fridge magnets and postcards, especially near famous tourist attractions. Getting souvenirs is a cute way to have a memory of a trip, but it’s better to buy them at lower prices, mainly if you travel on a budget. Saving money on such expenses is important, as you’ll have more for things such as entry tickets and restaurant meals.
Don’t overspend on presents
A trip can be a great way to treat your family, friends, and coworkers, but it’s essential to be rational about expenses related to presents. Instead of buying a pricey souvenir, you can treat your friend to a bar of locally-made chocolate from artisan chocolate shops. Similarly, you can do that with other people in your life: buying them a thoughtful inexpensive gift will be of deeper value than something generic and impersonal.
Final thoughts
Traveling is a great way to change your surroundings and gain valuable experience and lifelong memories. However, it’s important to take care of money, invest smartly, and save up so you’ll be able to enjoy your trip without risking money worries. Having fun is great, as long as you keep your finances in balance. Learning helpful tricks that help you save money while traveling is also a great way to practice self-discipline and gratitude and fully enjoy yourself while traveling.
