How To Save Money When Travelling Abroad | Travel Money Tips (2024)

How To Save Money When Travelling Abroad | Travel Money Tips (1)

Hands up who doesn’t want to save money while travelling? Even if you love luxury travel like me, and aren’t keen on cutting corners, money saving travel tips can certainly leave you with more cash in your pocket.

Perfect for splashing on a spa day or at a fine dining restaurant –or simply for saving up. What’s not to love about that?

Here at Pocket Wanderings it’s all about luxury travel and having adventures, and I think you really can experience all of that without skimping.

A few clever moves later and you could be booking into that bucket list hotel, or taking an extra short break each year, using the savvy savings you’ve made.

So read on to discover my ultimate list of ways to save money while travelling. Without feeling the pinch.

The options I’ve detailed here include cash saving payment cards, eating smart, snapping up off-peak tickets, asking a local and even nabbing free accommodation for a week or more.

Author Bio: Jessie Moore

Jessie Moore is a luxury travel expert with years of experience travelling the world to find the best destinations, hotels and adventures.

ABOUT JESSIE

Simple ways to save money while travelling

1. Take a wonky weekend

Travelling off-peak is likely to be a concept you’re already familiar with, especially if you travel by train.

Purchasing off-peak tickets for planes, trains and buses is one of the easiest international travel money tips.

While peak times may vary depending where in the world you are, making your move during busy weekday ‘rush hour’ periods and weekends tends to be more expensive.

If you’re taking a short break, booking what’s known in the trade as a ‘wonky weekend’ can work wonders.

This means travelling on Saturday and returning on Monday rather than from Friday to Sunday.

If you can travel midweek, even more substantial savings can often be made. This is one of my favourite tips to save money while travelling.

2. Do your homework

Advance purchase fares also offer big savings, and planning ahead means you can swoop whenever prices are at their lowest.

Huge reductions can be yours, particularly if you can commit to a non-changeable, non-refundable airfare or train ticket.

How To Save Money When Travelling Abroad | Travel Money Tips (2)
How To Save Money When Travelling Abroad | Travel Money Tips (3)

Where accommodation is concerned, there are also sizable discounts to be had. To grab these you need to look more closely at your destination.

For example, some plush hotels in places like London’s financial district, for instance, can actually be cheaper to stay in at weekends, as their target market is business travellers who stay Sunday to Thursday.

While cities with universities often offer cheap accommodation during college holiday periods.

3. Make the most of free activities

While it’s far from true that all the best things in life cost nothing, there are usually plenty of free things to do, even in the world’s priciest cities.

Take London, for instance. Look at all those parks, perfect for picnicking on a summer’s day. You’re free to wander around town admiring the architecture or composing arty shots wherever you go.

How To Save Money When Travelling Abroad | Travel Money Tips (4)
How To Save Money When Travelling Abroad | Travel Money Tips (5)

Plus, many of the planet’s most absorbing galleries and museums charge nothing for admission.

Whether it’s a city library or the latest exhibition, I love that you can while away many hours without forking out a penny.

4. Take travel tips from the locals

Local people can often point you in the direction of travel experiences away from the main tourist traps.

This means saving money on pricey tourist attractions, while enjoying an authentic, enjoyable experience that many may miss out on.

I’d recommend asking at your hotel or chatting to the staff at the nearby shop or neighbourhood cafe about what they’d recommend.

The worst case scenario is that they’re not too keen on sharing their secrets with a stranger, in which instance you could simply thank them and walk away.

5. Clock up your step count

Walking rather than taking a taxi – or even public transport – can save you a considerable sum. It’s good for your body and mind, and you’ll no doubt see things you would otherwise have missed.

This is, of course, on the basis that you feel comfortable walking. If you’re travelling solo then you may feel safer taking a form of public transport.

One important thing I would say is never put saving money ahead of your safety or peace of mind.

6. Eat like a local

Visiting a local cafe or restaurant gives you that authentic, off the beaten tourist trap experience.

Don’t be daunted by an eatery with no menu in English – trust me, miming and pointing can go a long way! Even if that means picking something tasty-looking that another diner is eating.

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How To Save Money When Travelling Abroad | Travel Money Tips (7)

Again, ask a local, or simply follow your nose and wander around to see what you can stumble upon. Little lanes and tucked away side streets often yield the richest – yet most affordable – pickings.

You may also pick up bargains at the local supermarket for self-catering or picnics.

7. Fill up with free water

Bringing a refillable water bottle can save you a small fortune, especially in hotter countries where you need to take in a lot of fluids.

Many attractions and outdoor spaces now offer visitors the chance to fill water bottles for free, which is far cheaper than buying bottled water.

It’s also kinder to the environment, making this an eco-conscious choice as well as a pocket-friendly one.

When it comes to how to save money when travelling abroad, I think sometimes the simplest ideas can be the best.

8. Download a digital payment card

Using a digital wallet can streamline your spending, but that’s not all. A user-friendly app can also save on currency conversion and cash withdrawal fees.

My favourite is Curve – it’s a cheap, secure and clear system, and users are rewarded with cashback too. First time users also get £5 cash to spend.

If that’s not enough, the card comes with 1% cashback on every purchase made using it for the first 30 days. Phone and travel insurance are also included with the Curve premium options, and you can even allocate past payments to a different card when you want to. Members also enjoy access to exclusive discounts with big name brands.

Curvers also benefit from the card’s innovative ‘anti-embarrassment’ mode. Once you’ve set a backup card with funds available, this will automatically kick in in the event of your chosen payment method being rejected.

This is great for saving face when you’ve just enjoyed dinner with a new-found bunch of travelling companions and your credit card fails to make the grade!

How To Save Money When Travelling Abroad | Travel Money Tips (8)

9. Cover all eventualities

While travel insurance might not seem like something that can cut costs, it really is an essential.

If you do need to claim for lost baggage, theft or medical care, having adequate cover can save you a considerable fortune.

Curve Metal members under 70 are covered by the travel insurance that comes with the card.

This is provided by AXA, one of the biggest names around, and applies to any trip of under 90 days’ duration.

It includes gadget and phone cover too – and this applies at home as well as worldwide.

As someone who has been robbed on more than one occasion while travelling, I’m all too familiar with the importance of good insurance cover.

Collision Damage Waiver for hire cars is also thrown in, as long as the driver is over 21.

10. Take on a home from home

While most of us have heard of house-sitting for free accommodation, is this really a thing?

Indeed it is – although there are of course some caveats. The main one being that a love of animals is more-or-less a necessity.

You’ll have the pick of the properties if you’re prepared to feed Fido or make a fuss of an ageing tabby cat.

I’d recommend sticking with reputable sites like Trusted Housesitters, who can be relied upon to provide real opportunities all over the place.

You do need to purchase an annual plan with them, but in return you get unlimited house sits across the world.

They also include accident and third party liability cover with standard and premium packages, as well as extras like access to live veterinary advice while house sitting.

At the time of writing, opportunities within the UK alone include a character cottage in Sussex with two dogs, a feline companion gig in upmarket Henley-on-Thames and a canine pal required in Islington.

It’s a great way to see the world without flashing much cash, as all you need to pay for is your membership and travel.

How To Save Money When Travelling Abroad | Travel Money Tips (9)
How To Save Money When Travelling Abroad | Travel Money Tips (10)

11. Go on a working holiday

Working while you travel is a classic way to pay your way as you go. This allows younger people in particular to spend time overseas, while earning cash to fund their living expenses – and that all-important next trip.

It’s one of those travel hacks to save money favoured by gap year travellers the world over.

This sort of working holiday can be booked via various specialist agencies like BUNAC, or can be arranged independently.

UK citizens, for example, can obtain one year working holiday visas for Australia and New Zealand, or spend up to two years in Canada.

Young people can also work in Japan or Germany, or spend a summer at a country club in the US. With childcare experience, au pair jobs in the US are also a possibility.

With a TEFL English language teaching qualification, the world can be your oyster.All over the globe there are opportunities to work as a volunteer.

This may mean working on an unpaid basis, or you might earn a small amount of money to live on. In the UK, for example, Volunteering Matters offer full-time roles for under 35s, providing accommodation plus a small weekly living allowance.

Working holidays provide the opportunity to learn new skills while living like a local, and can at the very least provide memories that will last a lifetime.

Do you have any other money saving tips while travelling? Let me know in the comments or get in touch on social media!

This is a sponsored post in collaboration with Curve. Join 2+ million people using Curve and earn £5 to spend with your Curve card. This post contains affiliate links.

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How To Save Money When Travelling Abroad | Travel Money Tips (11)
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Jessie Moore

Jessie is a luxury travel expert with years of experience travelling the world to find the best destinations, hotels and adventures.

Find me on: Web | Instagram

How To Save Money When Travelling Abroad | Travel Money Tips (2024)

FAQs

How To Save Money When Travelling Abroad | Travel Money Tips? ›

Plan ahead. Book flights and hotels early for cheaper prices. You should also look into local eateries and other places you may want to stop at so you can choose ones that both sound good and are reasonably priced. Create a budget before the trip.

How to save money for travel internationally? ›

How to save money for travel?
  1. Set your intention.
  2. Plan your travel budget.
  3. Set up a direct debit to your savings account.
  4. Cancel unnecessary subscriptions.
  5. Look for offers in shops.
  6. Limit online shopping.
  7. Save on energy bills.
  8. Give yourself a cooling-off period for purchases.

How to save $100 or more when traveling? ›

Plan ahead. Book flights and hotels early for cheaper prices. You should also look into local eateries and other places you may want to stop at so you can choose ones that both sound good and are reasonably priced. Create a budget before the trip.

What is the best way to carry money when traveling? ›

Guidelines/Tips for Traveling with Cash
  1. Carry as little currency as possible.
  2. Carry cash in a money belt that sits on your waist (under your clothes) or a money pouch that hangs around your neck.
  3. Keep cash concealed and close to your body at all times.

How much cash should you carry when Travelling abroad? ›

We recommend always carrying a travel-safe wallet or a travel money belt with enough cash to cover three days' worth of expenses, based on the local cost of food, a place to sleep and a little extra for transportation, if needed.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How to save money flying to Europe? ›

Flight-Search Tips
  1. Look around. ...
  2. Think flexibly about airports and dates. ...
  3. Consider flying into one city and out of another. ...
  4. Compare one-way to round-trip fares. ...
  5. Start a clean search. ...
  6. Buy your tickets at the right time (to the extent possible). ...
  7. Be ready to buy. ...
  8. Pick a seat as early as possible.

What is the best bank to use for international travel? ›

Best Bank Accounts for International Travel Benefits
  • Ally Savings Account.
  • Bask Bank Mileage Savings Account.
  • Capital One 360 Checking.
  • Schwab Bank High Yield Investor Checking® Account.
  • SoFi Checking and Savings.
  • Revolut Account.
Apr 29, 2024

How to save $1,000 dollars in 6 months? ›

Consider these six steps to help you get started and reach your $1,000 goal.
  1. Open a savings account. What's the value in putting your emergency fund in a savings account? ...
  2. Automate. ...
  3. Cut back. ...
  4. Cut out. ...
  5. Don't give up. ...
  6. Work both ends of your budget.
Oct 10, 2023

How to save money during vacation? ›

How to save money while traveling
  1. Pack light. ...
  2. Shop at local grocery stores. ...
  3. Pack snacks. ...
  4. Get yourself into the airport lounge. ...
  5. Arrive early. ...
  6. Get TSA PreCheck or Global Entry membership fees reimbursed. ...
  7. Take advantage of credit card free night certificates. ...
  8. Book hotel rooms on points.
Aug 22, 2023

Should you put money in your suitcase when flying? ›

When flying with large amounts of cash, it is important that you consider where to transport and pack it, whether flying with cash domestically or internationally. You shouldn't place cash in your checked luggage. This is because your bags are out of your sight and a lot more people have access to them.

Is it better to carry cash or card when traveling? ›

If you're travelling internationally, it's best to bring a no-foreign-transaction-fee credit card so you don't waste funds just because you're shopping in another currency. In the end, you may find it's best to have access to both cash and a travel-friendly credit card when travelling.

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

Keep cash safe when travelling

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. Neck pouch.

Is it better to use cash or card in Europe? ›

Should You Use Cash or Credit When Traveling to Europe? Most international travelers will end up using a combination of cash and cards when visiting Europe. While credit cards are accepted in most situations, currency can be more convenient for public transportation and small vendors.

How much cash for 2 weeks in Europe? ›

Here is an overview of what two weeks in Europe on a high budget may look like: Accommodation: 200 Euros per night for 14 nights = 2,800 Euros. Food: 80 Euros per day for 14 days = 1,120 Euros. Transportation: 30 Euros per day for 14 days = 420 Euros.

Should I bring US cash to Europe? ›

Avoid (or at least minimize) cash exchange.

But exchanging money can make sense in certain situations, including emergencies (if your card — or the only ATM in town — doesn't work), or when crossing into a country that uses a different currency.

Can I save money by using a travel agent? ›

Working with a travel agent could save you time and money when planning a complex vacation, but alternatives like online travel agencies, and credit card concierge services could be more affordable.

Is it better to save money or travel? ›

In the end, the choice is yours

The choice between saving money (for say, a first home deposit) and seeing the world is a difficult one. There's no doubt that traversing the globe expands your horizons and provides invaluable life skills like independence, strength, resilience and self-confidence.

How to save for a trip in 6 months? ›

How to save for a vacation in 6 months
  1. Step 1: Budget for a vacation. Budgeting for vacation starts with deciding where you want to go. ...
  2. Step 2: Create a travel savings account. ...
  3. Step 3: Consider some lifestyle changes.
Oct 11, 2023

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