12 of the Best Money Saving Travel Tips (2024)

12 of the Best Money Saving Travel Tips

Are you looking for the best money saving travel tips? We have them all! Travel on a budget or just doing a bit of moneysaving as you go is possible!

Travel broadens the mind, strengthens the soul, expands the palate and, alas, often empties the wallet!

But, whether you are a backpacker or a family holiday maker,there are ways to get all the best bits from your travel adventures, without upsetting your bank account.

From how to get cheap flights toeating at great restaurants, we have 12 of the best money-saving travel tips for you.

12 of the Best Money Saving Travel Tips (1)


Start looking early

If you know you want to travel next year, start looking now. Check once a week and get a feel for the average price, then when a real bargain comes up you can grab it.

Travel in low season

Obvious, of course, but as well as avoiding the school holiday dates here, remember thatthe schoolsummer holidays down under are in December and January, much of France will be on holiday in August, etc.

On the plus side, Scotland's summer holidays are earlier than the rest of the UK's, soShetland or Glasgowcould be a bargain in August.

Travel at the cheapest times

As well as being dependent on the month of travel, the price of flights can vary considerably by day and time.

Make sure you check out a variety of day and time combinations to get the best deal.

Weekends are understandably usually more expensive, so try a Tuesday or a Wednesday.

Saturdays can also be significantly cheaper than Fridays and Sundays, for obvious reasons.

The cheapest times are super-early, between 5am and 7am, or late, after 8pm.

Play around with airports

Think about flying to a slightly more obscure airport.

Many of the cheaper airlines will fly to somewhere a bit further out, but check how much transfers will cost you, e.g. are buses available orwould you need to take a taxi, and how long they will take.

After all, it's no good saving £50 on your flight then spending £30 + 3 hours each way on a taxi!

For long haul, consider a flight with a stop over. Flying via Singapore or Dubai may save you a lot and not impact on the time taken too badly.

You might also get a better deal by flying from an airport that is further away from you, so check more than one departure airport too. Make your flight better with these long haul travel tips.

Mix and match your flights

In the same way that two single train tickets can be cheaper than a return, flights could be cheaper if you go out with one airline and come back with another, or choose a different route for each half of your journey.

It pays to play around to find the cheapest combination of outward and return flights.

Book on the right day

After all that research, you might think it doesn't matter when you book your flights. But a recent survey by Opodofound thebest time to book flightswas on a Saturday or Sunday in September or October. Doing so could save you up to 14%!

Make sure you book between 7 weeks and 3 weeks before yourdeparture dateas this is when the best fares are made available.

Many of these will be restricted though, so best avoided if there is any possibility you will have to change a date or time, as you may be stung mercilessly for doing so.

Before you fly

If you need to leave your car at the airport, be sure to book your parking well in advance. Booking on the day is usually more expensive.

Get cheaper travel insurance by taking out an annual policy. use a comparison site to find the best and cheapest one for your needs.

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Weigh your luggage

Pack sensibly, wear your heaviest clothes and extra layers, and weigh all of your bags as you pack.

Remember you will probably only wear 2/3 of what you pack, so lay it all out a week before, then cull ruthlessly!

Don't waste money at the airport

Take your own snacks, water and packed lunch to save money. And make sure you pack entertainment for all travellers to avoid browsing of those expensive shops!

Order your foreign currency in advance and shop around for the best deal, rather than going straightto your bank. If you would rather take out money abroad, try to do so in large amounts so you are only charged once.

If you must use a card, debit cards are cheaper than credit, but you will still be charged for each transaction and the exchange rates aren't the best. A pre-paid card may be an option to look into.

Save on accommodation

Try a home swap or rent a room or apartment, rather than booking a hotel. AirBnB has revolutionised the market, but there are other sites out there.

And there are still some fantastic cheap hostels and hotels out there, especially in chic cities like New York, Prague and Barcelona.

If you are travelling for a while, just book your first couple of nights' accommodation, then garner some local knowledge from fellow travellers when you get there.

Apps, apps and more apps

This is one time downloading apps is worthwhile, and there are travel guides, maps, phrasebooks a-plenty to pop on your smart phone.

They will make everything from finding a great local food market to what to look out for at the top tourist spots easier. Plus you won't need to lug a weighty guidebook around.

Eat like a local

Avoid restaurants on the tourist trail with all-English menus and, worse still, pictures! Embrace the joy of travelling and eat street food (hotter and fresher than most hotel buffets!), or at little local restaurants.

In cities, head for the back streets and see where the locals eat. Find the best local food markets for fresh fruit and other local produce, wander round the local supermarkets and see what you can find.

And if you are staying in a hotel, make sure you make the most of the breakfast buffet!

Enjoy your travels!


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12 of the Best Money Saving Travel Tips (4)

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12 of the Best Money Saving Travel Tips (2024)

FAQs

What is the best way to save money while Travelling? ›

How to save money while travelling
  1. Set a budget and stick to it. Before you start planning your trip, it's essential to set a budget for how much you are willing to spend. ...
  2. Be flexible with your travel dates. ...
  3. Look for package deals. ...
  4. Use rewards programmes. ...
  5. Research-free activities. ...
  6. Use public transportation. ...
  7. Eat like a local.

What are the three most important travel tips you consider before traveling? ›

7 essential travel safety tips
  • Do your research. Get to know your destination in depth before you arrive. ...
  • Don't draw attention. ...
  • Make copies of important documents. ...
  • Keep your friends and family updated. ...
  • Be wary of public Wi-Fi. ...
  • Safeguard your hotel room. ...
  • Be aware of your surroundings.

How much money should I save to travel? ›

Many people set aside 5%-10% of their net yearly income for leisure travel, but your savings will depend on the type of vacation you're planning.

What would be the safest way to get the money for the trip? ›

Credit Card, Pre-paid Credit Card, and Gift Card

Credit cards are often considered one of the safest ways to travel with currency.

Should I save money or travel? ›

It is, however, the first rule of good budgeting that you save first and spend later. What this may often translate into is a less expensive domestic holiday instead of a foreign vacation, but try not to compromise on it.

What not to bring when traveling internationally? ›

  • Excessive Valuables: Leave expensive jewelry and unnecessary valuables at home.
  • Unnecessary Gadgets: Think twice before packing items you rarely use.
  • Too Many Clothes: Overpacking can make your luggage heavy, make travel difficult and limit space for souvenirs.
Oct 17, 2023

Do and don'ts at airport? ›

Make sure your pockets are empty before going through the x-ray machine. Avoid carrying anything that will draw attention to yourself. Instead, place your wallet, keys, phones, and other items in your check-in bag. As you approach airport security, keep your ID and boarding pass in your possession.

What is the 50 30 20 rule? ›

The 50/30/20 budget rule states that you should spend up to 50% of your after-tax income on needs and obligations that you must have or must do. The remaining half should be split between savings and debt repayment (20%) and everything else that you might want (30%).

How much should I save for a 7 day vacation? ›

Average Vacation Costs in 2024: Transportation, Entertainment, and Budgeting Tips. Quick Answer: In the U.S., a one-week vacation for a solo traveler costs about $1,984, while a family of four can cost around $7,936. Inflation is on the rise, affecting how Americans choose to spend their money.

What is the 30 day rule? ›

The premise of the 30-day savings rule is straightforward: When faced with the temptation of an impulse purchase, wait 30 days before committing to the buy. During this time, take the opportunity to evaluate the necessity and impact of the purchase on your overall financial goals.

Where is the safest place to keep cash when traveling? ›

Keep cash safe when travelling

Don't carry it all in one place to prevent it from getting lost or stolen. The safest place to keep your money secure will most likely be in your hotel room safe. If you don't have one (or if you really need to carry cash with you) try keeping your money in a: Money belt.

Should you carry cash when traveling? ›

Cash is still king in many places of the world and, depending on your destination, you'll likely need to carry some. Consider carrying between $50 and $100 a day on average, but remember that cash can bring fees and thieves along with it.

What is the most secure place to save money? ›

Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts. Certificates of deposit (CDs) issued by banks and credit unions also carry deposit insurance.

What should you consider when traveling? ›

Pre-Travel Checklist: Trip Essentials
  • Check your prescriptions. ...
  • Double-check your boarding passes and itinerary. ...
  • Check travel requirements for your destination. ...
  • Put your passport in a safe place. ...
  • Print all of your travel info/documents. ...
  • Scan or photograph your passport, driver's license and credit cards.
Nov 5, 2018

What 4 things do you need to consider when planning a trip? ›

5 Tips to Start Planning a Trip
  • Find Your Destination. The first thing you will need to decide upon, when planning your trip, is what destination do you want to visit? ...
  • Decide The Length of Your Trip. ...
  • Book Flights & Travel Accommodations. ...
  • Get Inspired by Local Activities & Attractions. ...
  • Packing Your Bags.
Nov 30, 2023

What is the most important factor to consider when traveling as a tourist? ›

The most important factors to consider when choosing a tourist destination are price, service quality, and risk-related issues, according to the study conducted in the Mediterranean region. The paper discusses the attributes of travel destinations that affect tourists' decisions.

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