Traveling on a Budget: This is What You Need to Know

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The biggest ‘problem’ for most travelers is money. If I go away for a few weeks, this is something that I always have to keep in mind. If you’re looking for tips for travelling on a budget or how to save money when you’re travelling, then you’re in the right place. One thing is for sure: traveling on a budget doens’t make it less fun. So grab your suitcase and get ready for the best (on budget) travel tips that you cannot miss out on.

Destination

This might sound obvious, but deciding where you go matters a lot. Some places are naturally more expensive or cheaper than where you call home. Before you go somewhere, make sure to research places that are good for travelling on a budget. You will be surprised how much you can safe on different type of locations. Besides this, it is also wise to consider your stay. You might be tempted to stay in a luxurious hotel, but a hostel will be considerably more cost-effective, especially if you’re traveling alone. Sure, you’ll be sharing a room with others, but look at it as a learning experience. You’ll make new friends and save money by avoiding the hotel room and participating in more group activities with your new buddies!

Get a Travel Insurance

Should you purchase travel insurance in addition to the expenditures of your trip’s flights, hotel, food, and other expenses? If you want to secure the money you’ve set aside for relaxing on a beach in France or seeing the sights in Tokyo, travel insurance makes sense. Travel insurance is a tiny price to pay in comparison to the trip costs you can protect—especially when there are so many unknown factors and surprises on the road. Travel delays, missed connections, misplaced luggage, medical issues, and trip cancellation are just a few examples. A travel insurance is therefore always a good idea.

Transportation

When you’re traveling, transportation is a must. Luckily, there are a few options to choose from and some of them are really affordable (depending on where you go). The majority of places provide inexpensive and reliable transport options. City buses are available in almost every location and are usually the cheapest way to travel abroad. Skip the Uber and give your feet (and your credit card) a break by using public transportation to get around.

Walking is of course the cheapest mode of transportation and by far the greatest method to discover a new region, aside from public transportation. If you need to go a little further, renting a bike is often a good option. Cycling and walking are both excellent ways to stay in shape while traveling! Do make sure that you check out the safety of transportation in the country that you’re visiting.

Free activities

You can often save a lot of money by skipping out on a planned tour and working it out for yourself. It’s possible that some museums are free on specific days or that local activities are taking place. Don’t forget about the classic ‘free walking tour,’ which is a fantastic way to get a feel for the place you’re visiting. Either way, make sure you do enough research beforehand because it will safe you a lot of money and time while you’re away.

Food

Food is another thing that you will need on your holiday. It can become very expensive if you’re not paying attention to the costs. If you’re living in a hostel or Airbnb with a kitchen, it’s a good idea to stock up on cheaper goods and easy-to-prepare meals to keep you satisfied throughout the day. The majority of hostels provide kitchen facilities that are open to all guests. There may even be a shelf with food left over from leaving backpackers!

ATM charges

Withdrawing and exchanging money at an ATM might cost a lot of money. However, it is often cheaper to take money out on your travels rather than convert it before you go. Take as much money as you can afford to avoid costs. The more you withdraw, the less frequently you will be charged. The disadvantage is that if you’re carrying a lot of cash, you’ll be a little more vulnerable.

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