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Saving Money While Traveling

September 28, 2018 7 Comments

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It’s no secret that traveling costs money, but the amount that you have to spend can be reduced drastically simply by taking a few steps that will curb your expenses. The best vacation is a staycation in terms of spending as little as possible.

Saving Money While Traveling

Doing so allows you to have options in both saving money and even making money while traveling. Now, it’s worth pointing out that it’s ill-advised to travel if you don’t have the necessary funds to support you the whole way through.

You could certainly get money along the way, but it would pose an unnecessary inconvenience on your part. It’s simply best to get your finances in order before setting off so that you can enjoy your travels to the best of your ability.

Look for Deals and Discounts

The most obvious way for you to save money when you are traveling is to look for deals and discounts with regards to every aspect of your travel.

Everything from your accommodations to your mode of transportation can be subject to reduced expenses if you find the right offers. Naturally, this involves knowing where you can go to find the right discounts and packages that can help you out.

You could find a better offer tomorrow than what is available today and the best way to stay on top of this issue is to sign up for a newsletter. This will ensure that the information is getting sent to you.

Get Sponsorship

Another good way for you to avoid having to spend more of your own money when traveling is via sponsorship.

Believe it or not, some companies and even travel agencies are willing to take on the travel expenses of certain people to do things like collect data.

Of course, this would make your travel arrangements something like work, but if you can visit exotic locations for next to nothing, it’s worth it.

On that note, you have to take into account that this option is not open to just anyone. If you don’t have something to offer like an extensive travel experience or excellent information regarding certain destinations, you won’t find a backer.

You could always ask a family member like a wealthy aunt, but not everyone has one of those.

Enjoy Group Travel

Traveling alone means having to pay for everything on your own. Traveling in a group means that the expenses could be shared.

This can include accommodations, transportation, food, entertainment, and so much more.

There are even deals and discounts that are only available to group travelers, which could shave a substantial amount from your expenses.

Choose Off-Season

Traveling during peak seasons practically guarantees that you are going to be spending the most amount of money possible.

As such, it stands to reason that traveling during the off-seasons would involve reduced costs. This won’t apply to everything and you will have to compromise on the kinds of services that you are going to find. However, we’re talking about saving money while traveling.

Depending on where you go, you could still actually find some great services and entertainment options all year round.

Some places offer the best sights during the off-season, with fewer tourists around.

Use Public Transport

If you want to cut down on expenses when traveling, you should consider using only public transportation options.

This means that car rental services, taxis, and private shuttles are out of the question. What the locals are using to get around will have to suffice since they have been deemed the least expensive option available.

Of course, there are also deals and discounts when it comes to private transportation options. However, the savings that you get when only riding public transportation are incomparable.

It’s simply best to take the cheaper route unless you’re left with no other choice. Another option, if possible try to walk as much as possible. Walking in a new destination gives you more time to know, talk and mix with local people.

Backpacking

Finally, you could choose to do what many other travelers do and go on the backpacking route. This involves a lot of hiking down country roads, but it’s one of the most popular travel practices around.

It also opens you up to some amazing opportunities and sights. On that note, you should make sure to choose safe places to go backpacking in.

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Comments

  1. Emeka nwaeze says

    October 1, 2018 at 3:54 AM

    Thanks for this info. i think i love the point you made about “sponsorship” and i’ll use the methode next time that i’m traveling

    Reply
  2. James Heidebrecht says

    October 2, 2018 at 2:52 PM

    Love it! I am going to Italy this October and I always look for deals and discounts before I go. I think the idea of getting sponsored is genius! Thanks for the tips.

    Reply
  3. Ramona @ Personal Finance Today says

    October 4, 2018 at 10:51 AM

    Public transportation can be VERY expensive in some areas. At least the seaside resort we usually have our summer vacation. So it’s not an option for us. We were able to drastically cut the costs by driving there. Then we have our own car to use for small trips and, even better, shopping at a regular supermarket (with normal prices).

    Another tip: get an apartment with a kitchen. By cooking some of our meals, we also saved a lot. Instead of spending about 4000 bucks, we spent half of it, only by avoiding eating out and getting our own car there.

    Reply
  4. Haley says

    October 5, 2018 at 3:37 PM

    I love traveling when it’s offseason, it’s so much cheaper and peaceful.

    Reply
  5. Megan says

    October 5, 2018 at 4:50 PM

    I tried to avoid renting cars when I go on trips as much as I can.

    Reply
  6. James Frosting says

    October 25, 2018 at 4:54 AM

    There are a lot of ways to make money while traveling, I’ve tried multiple methods. Recently my favorite way has been to use Glocalzone. I bring products for people who demand products from the places I visit and earn money on the commission. It has been an incredibly easy way to make money on the side while helping people out.

    Reply
  7. Kelvin Joly says

    September 27, 2019 at 2:49 AM

    Nice post! This article is really the ultimate bundle of tips for saving on travel. I liked the tips and I am following these tips. One more tip I read is, booking four to eight months in advance for peak travel periods like summer. However, the key point to remember is that this booking period is exactly that—a period, and not an exact date. During these months, search for flights regularly and keep an eye on the prices.

    Reply

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