Who wouldn’t want to see the world at a cheaper price? As if it’s not obvious already, traveling is exciting… and quite expensive as well. So, if you’re like me and always looking for savvy ways to save some money, it’s definitely possible when it comes to traveling.
You don’t have to be a millionaire to travel. You can do it right now. But, the secret is really how well you know the saving corners when it comes to traveling on a budget. Just like most things in life, if you want something, you can certainly have it – including traveling.
While traveling is an escape for me, I know that the cost can add over time, and the last thing I need is to return back home in a heap of debt. That’s certainly not smart or economical.
But, because it’s something I love to do, I always put the country I’d love to see on my list of goals… that’s right. Having a goal of countries you’d love to visit puts things into perspective, and is a motivating factor (for me, at least).
#1. Plan, plan, plan (can’t say this enough)
Ever heard the saying if you fail to plan, you plan to fail? Well, that’s right for traveling too because planning is probably the most important thing you can do for yourself.
Whenever you plan for a trip well in advance, you get an opportunity to experience the best deals before things become super expensive. I remember when I planned a solo trip to South Africa, and l left things until the last minute. Guess what happened? I spent a crazy amount of money on flights and accomodation that I could’ve easily saved up on… it breaks my heart until this day.
So, planning consists of having a good budget that prioritizes your travel even before you actually make your departure.
#2. Budget and reduce your expenditure
With whatever it is you’d like to do every month, it’s important to have with you a budgeting book that lets you in on how your bank account is currently looking.
If you’re planning for a trip in the next two months for instance, you’d have to budget for it in advance to make sure you have enough money for tickets, accommodation, food and adventure. The last thing you want is to not enjoy your trip simply because you didn’t cover all your expenses properly.
Budgeting is wonderful because it also keeps an alarm on what you’re spending on. I don’t know about you, but when I plan to travel, all my wants go out the window. I strictly focus on only the important things, and save the rest of my money for my trip’s expenses.
#3. Book way in advance
Different airlines, hotels and or or airbnb’s always have great discounts when you book early on during your planning. It’s up to you to do some thorough research on different websites that are providing the best discounts and comfort during your trip.
I know that accommodation becomes super expensive the longer you wait for booking. And it’s also true that different websites have a variety of options to choose from – you might just have to do a little bit of digging to find the gold.
Also, flying in style might be important to you, but if you’d like to save a buck or two, then why not opt for a cheaper airline? You can save the money you’d otherwise have spent on an expensive flight to enjoy a safari ride for example.
Which day and time you choose can also help you save some money too. Traveling during the weekend is way more pricy than traveling during a weekend. And, evening flights tend to be more expensive than morning ones.
#4. Take advantage of travel rewards
Most (if not all) airlines have some sort of reward program for frequent flyers. You can certainly take advantage of your flying points because they give great discounts and even free flights once the miles accumulate.
Who wouldn’t want a free upgrade on a luggage, flight or wi-fi, right? These benefits can be some money-saving hacks you can start doing to increase your chances on spending less while you travel.
#5. Stay in an airbnb rather than a hotel
It’s no secret that hotels can be so expensive, especially during the summer months. That’s why airbnb’s come in handy if you don’t mind trading a fancier hotel for a cozy apartment… plus, you get to save a ton of money too.
When you consider the price of a hotel and an airbnb, it’s obvious that you would be saving more choosing the latter. I personally always choose airbnb’s whenever I travel simply because I have more freedom in cooking meals and feeling more at home.
Living in a hotel usually means having to spend more money on outside food since you don’t have the option to cook your own meals. Another great way to save up on accommodation (and save money of course) is by sharing a place with the locals in the country.
If you own an apartment or house, putting it out as an airbnb while you’re away can be a great way to get some money while you’re out traveling.
#6. Travel with friends
Traveling alone is more than likely an expensive adventure, so why not travel with friends? Group traveling means two things: you get to save up quite a lot, and you make some great memories together.
When you think about it, if you split all the travel expenses in half, you end up saving a lot of money on your trips. Most airlines and accommodation sites also give discounts when a large group of people travel together – see it as a win-win situation.
I travel with friends all the time because it reduces how much I spend. I actually saved a ton of money the last time I traveled to Belgium with some friends, and because everything was almost half the price, I remained with enough to save up for my next trip.
You don’t need a ton of money to travel and see some amazing places in the world. All it takes is a little bit of planning, budgeting and savvy ways of finding the best deals possible. Remember, it’s not about how much money you have for your next trip, but rather how much you can save to have a memorable traveling experience.