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How To Travel Abroad on a Budget

How To Travel Abroad on a Budget

People who travel internationally always find difficulties in managing their budget. However, with some budget travel tips and tricks, you will definitely be saving money and feeling better about what’s left in your bank account at the end of your travels. Anyone can travel on a budget by simply planning ahead, and budgeting your time and money. Here are some ways on how to travel abroad at a surprisingly low cost.

Be accommodation savvy

Locating affordable accommodation is not difficult. When it comes to finding accommodation abroad, you have to search carefully and you’ll be amazed at how thankful and accommodating hosts can be. It’s also necessary to enroll in a language or skills exchange program, which would permit you to share your skills and get free accommodation at the same time.

Another way to reduce accommodation costs is by selecting accommodations such as guesthouses or hostels, which offer standard shared rooms for a lower cost. However keep in mind that the lower prices will mean you’ll be sacrificing location, cleanliness, or atmosphere. On the other hand, staying at guesthouses or hostels gives you the opportunity to meet other budget travelers which makes traveling on a shoestring budget easier.

Look for transportation

It can be tricky to find cheap flights to certain locations, but with the help of fare-comparing websites, you can easily find the cheapest deal. These type of websites send alerts when flight prices drop below a certain level for your target destination.  

In order to get the best airfares, you have to be flexible. Enable to book flights in advance, especially during festive periods. However, if an airline is short of passengers, it will drop its prices towards departure date.

Packaging all your items in one luggage will save you a lot of costs. Try to avoid extra charges that are imposed at airports such as paying extra fees to print your boarding pass at the airport or simply for ordering for a glass of water onboard.

When you arrive at your destination, try to use public transportation or other affordable transport services in order to save cost.

Eat wisely

Food takes a big part of your money when you travel. Ensure to cut your food prices by eating in local restaurants in order to save cost. Most hostels are built with kitchens inside them, so benefit from the kitchen by cooking your own food in order to save cost. Moreover, buy raw food in local markets instead of chain supermarkets since fruits are probably fresher and cheaper in local markets than in supermarkets.

However, if you can’t make use of the kitchen due to bad cooking, you can also save cash by buying food from street vendors or better still, look for the restaurants where locals like to eat. If you are traveling to places such as Western Europe, you’ll discover that many restaurants will offer a menu of the day, which combines a three-course meal for a reasonable set price. 

Download the right apps

Before traveling, ensure to download the app for your bank because you’ll be able to check your account balances from your mobile device anywhere you go. This is useful because of its convenience and, it can also notify you about how much money you have and how much you’ve spent.

Some apps will also help you track your expenditures. Since everybody always walks with a smartphone, using an app to track your expenses is fast and convenient. Each time to receive a bill or receipt, you just need to put the amount into the app, rather than trying to hoard scraps of paper. Entering each amount spent is helpful when it comes to travel abroad on a budget.

Don’t play with your money

Banks can help us to save money but that doesn’t mean we have to love them. Transaction fees deducted by banks substantially drain even the healthiest bank account. ATMs abroad can deduct more fees than expected. Most countries charged an ATM fee per transaction, but when you travel to another country, your bank will normally charge a “foreign transaction fee” on top of that. You could pay a fee of about $30 just to withdraw cash from an ATM. Thus, you have to withdraw large amounts of money, in order to avoid paying fees per transaction and save cash. Also, try to find a safe place to save your cash.  Although ATM’s will charge large transaction fees, they are still better than converting hard currency, because exchange rates and conversion fees can quickly drain your cash.

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