7 Ways To Save Money Without Sacrificing Vacation
By Leah Freeman-Haskin
Traveling on a budget doesn’t have to mean sacrificing the quality or comfort of your next vacation. These very simple tips can help you save money while planning and enjoying your ideal getaway.
Credit Cards With No Fees
Most banks charge international transaction fees on any debit or card charges outside of the United States. These fees can add up quickly. Also, expect high ATM withdrawal fees every time you grab cash. Before you leave, try to find a travel credit card with low or no fees to use while traveling abroad. Chances are you will even earn some reward points that can be used toward future travel. When it comes to grabbing cash from ATMs abroad, try to withdraw as much as possible at once to prevent multiple usage fees.
Have a savings account just for your vacation. This will help you budget out your trip and make sure you don’t overspend. Having a daily spending budget can also be helpful to track each day’s expenses.
Plan And Book Early
Planning and booking your flights and hotels early almost always results in lower rates. If your travel dates are flexible, try to search for multiple days to see which dates are the cheapest. Skyscanner.com can also send you email alerts when rates for the flights you are interested in either increase or decrease. A very helpful feature for grabbing a great deal!
Having travel insurance can save you hundreds if not thousands of dollars should something go wrong. Safetywing.com provides comprehensive travel and some medical insurance when traveling abroad for super low monthly rates. Other services will also insure your valuables against loss or theft.
Thanks to Airbnb, renting an apartment or house for your next vacation is super easy. If you are traveling with friends, this can turn out to be a much cheaper option than a hotel or resort since costs can be split. With the convenience of having your own kitchen, you can also save a bunch of money by cooking your meals at home and limiting how many times you dine out.
Checked bag and overweight bag fees can add up quickly. Try to pack as lightly as possible to save money. Another perk of having your own place? A washer and dryer! You can pack half the amount of clothes if you have the option of doing your laundry as often as needed for free during your trip.
Travel By Foot
The best way to explore a new city is on foot. It will also save you money on taxis, car services, and public transportation. Ask the concierge for a map of the city or the most walkable spots to visit.