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25 Ways to Save Money While Traveling

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Traveling involves a lot of trade-offs. Money is always a big issue after the decision is made to fly somewhere exotic or historical; can you afford to see all the sights and live comfortably? It’s never easy to balance what you want to do and what your disposable income allows for.

In order to stretch your money the furthest, you need to look for deals from the get-go. All it takes is a little research and creativity, and with the savings, you will be better equipped to experience your destination to the fullest.

Plane ticket costs

Most vacations involve flights, and this is where you should start saving money while traveling.

Travel during the low season

If you are averse to research when it comes to traveling, the easiest way to save money on flights is by vacationing during a destination’s low season. This usually translates into hundreds of dollars in savings on a plane ticket.

You’ll benefit the most from low-season traveling when the place you are visiting is hospitable year-round. Many exotic islands in the Caribbean and South Pacific, for instance, always have good weather — it doesn’t matter when you go. Visit Europe in the winter or early spring, and on top of a cheaper ticket, you’ll find that attractions and hotels are less crowded.

Book early

Those who only have vacation time during the busy winter and summer breaks can still find ways to save on their plane tickets. One method is to book months in advance. Those who buy tickets a year or eight months — even three months in advance — will find prices to be quite reasonable. Often, airlines will not make the price drop too obvious; if they give you a rate that seems too high, ask for a discount and you may score a deal.

Fly during the week

Similarly, travelers who book flights that leave in the middle of the week often receive discounted prices. The reason is simple: Most people prefer traveling on the weekend, whether it’s for business or pleasure. Pick a flight that leaves on a Wednesday, for example, and you could save a few dollars.

Go standby

A popular method of traveling among backpackers, students and the thrifty is flying standby. Airlines will inform these people of a flight opening only hours or minutes in advance; it is up to the traveler to be at the airport, ready to hop on a plane. As a “reward” for filling seats on short notice, standby fliers usually pay for tickets at discounted prices. If you’re alone or simply don’t mind the short notice, this is a good way to lower your flight cost.

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8 Comments so far

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  1. A few more:

    Street Food
    Sure, you’re risking the potential of food poisoning, but street food can be very tasty, cultural, and above all, extremely cheap.

    Walking
    Walking to attractions is a healthier way to travel, saves the cost of a cab or transit, and allows you to see areas of the city you wouldn’t have otherwise.

    Don’t always book in advance
    In many countries, you can negotiate the price of accommodation, getting much better deals than you would by booking in advance.

    Talk to people
    A good value restaurant or bar? Don’t rely on the hotel or hostel to give it to you, instead talk to other travellers, expats, and locals, who will tell you exactly where the best, cheapest food and drinks are

    Eat Local
    Want a burger in China? Prepare to pay up the gills for a mediocre piece of meat in a terrible bun. You travel to experience other cultures, why not do it with food as well? In addition, local food is almost always cheaper and much higher quality than any foreign items on the menu.

    Take a night bus/train
    The benefits to this are numerous! First, it is usually much cheaper than flying. Secondly, you avoid paying a nights accommodation. Thirdly, by travelling at night you avoid wasting an entire day either on a bus, or dealing with airport security procedures. Finally, it’s a lot of fun and a great way to meet people. The night trains are very comfortable in many countries, including most of Europe, North America and China, and there are special night buses which have beds rather than seats that send people of all ages up and down countries like Vietnam.

  2. stand by is gone now they willl charge you full buisness fare

  3. Excellent grouping of material, think there is some great ideas in here.

  4. good, very nice article

  5. Thanks for providing such useful information

  6. A little bit obvious if you ask me. No?

  7. snowmentality

    Regarding the apartment renting tip: I recently found the website vrbo.com (Vacation Rentals By Owner), which lists all kinds of vacation apartments and homes in all kinds of locations that offer both short-term and longer-term rentals. Some require a minimum length of stay; some don’t. Most are considerably cheaper than hotels, especially when you consider that with a kitchen or kitchenette, you can save money by eating in! So search the web for reputable vacation apartment rentals.

  8. Me and my dad recently set up a magnet power generator our house. It was pretty easy and only took about 2 hours to set up. My dad said hes saving a lot now on the electricity bill for only 2 hours of work. the instructions to build one were pretty simple and easy to follow. I definitely recommend magnetizing your home, it’s good for the environment (using less electricity) and saves you a lot of money on the bills.