If you’re a savvy and budget-conscious traveler, you want to get the most out of your international trips without breaking the bank. Here are ten tips to help you make the most of your travel budget.
- Be Flexible with Your Travel Dates. One of the easiest ways to save money on international travel is to be flexible with your travel dates. You can often find cheaper flights by traveling during the off-peak season, mid-week, or even just a day earlier or later than your initial planned travel dates. For example, instead of flying on a Friday or Saturday, try flying on a Tuesday or Wednesday to save money on airfare.
- Use a Travel Rewards Credit Card. If you travel frequently, using a travel rewards credit card can help you earn points that can be redeemed for flights, hotels, and other travel expenses. Some of the best travel rewards credit cards offer sign-up bonuses, waived foreign transaction fees, and other perks that can help you save money on your trip.
- Book Your Accommodations in Advance. Booking your accommodations in advance can help you save money on your trip. You can often find lower rates by booking your hotel or vacation rental a few months in advance, especially during the off-peak season. Also, consider booking through discount websites like Booking.com, Airbnb or Agoda.
- Eat Like a Local. One of the best ways to save money on food while traveling internationally is to eat like a local. Rather than eating at expensive touristy restaurants, try street food or local markets for a taste of the local cuisine. You can also ask locals for recommendations on where to eat for a more authentic and budget-friendly experience.
- Use Public Transportation. Using public transportation can be a great way to save money while traveling. Instead of taking expensive taxis or private cars, try using local buses, trains, or subways. It can be a fun way to explore the city and save money at the same time.
- Research Free Activities and Events. Many cities offer free or low-cost activities and events that you can enjoy during your travels. Researching ahead of time and planning accordingly can help you save money on entertainment and cultural experiences. For example, some museums may offer free admission on certain days of the week, or there may be free walking tours available in your destination city.
- Pack Lightly and Avoid Checked Bags. Packing lightly can help you save money on baggage fees while also making it easier to navigate crowded airports and public transportation. Try to fit everything you need into a carry-on bag, or use a backpack instead of a suitcase. You can also avoid checked baggage fees by flying with airlines that allow a free carry-on bag.
- Use Local Currency. Using local currency instead of foreign currency can help you avoid expensive transaction fees and exchange rates. I find ATM rates to be the best rates if you use a bank card that does not charge you foreign transaction fees or fees for using a different bank’s ATM. In the US, Charles Schwab offers a fee-free ATM option with market rate exchange rates.
- Stay Connected with Free Wi-Fi or Use Free International Mobile Plans. Staying connected while traveling can be important, but using your mobile data plan abroad can be expensive. Instead, look for free Wi-Fi hotspots, such as cafes, restaurants, and public libraries. You can also consider using apps like WhatsApp, Viber or Facebook Messenger to make calls and send messages over Wi-Fi instead of using your mobile network. In the US T-Mobile and Google Fi offer free international texting and data for certain plans – this is usually enough for me to navigate Google Maps, message my friends and do research while in a foreign country. It is a bit slower, but usually it is good enough.
- Be Open to Bargaining. In some countries, bargaining is a common practice, especially in markets or with street vendors. If you’re comfortable negotiating, you can often get lower prices on souvenirs, clothing, and other goods. However, it’s important to be respectful and understand the local customs when bargaining, as it may not be appropriate in all cultures.
By following these travel tips, you can experience the world without breaking the bank. As 2023 travel trends continue to shift, it’s important to stay informed and adapt your travel plans accordingly. Happy travels!