How to Save Money while Travelling

It’s no secret that travelling can be expensive.

There are essential expenses such as food, accommodation and visas whilst you’re on the road, as well as expenses for activities, experiences and souvenirs. The long and short of it is, you’re gonna have to spend money while you’re travelling. But there are some simple ways you can save your pennies for a rainy day, or for that activity you really want to do.

Here’s 5 ways you can save money while you’re on the road…

Look for Free Activities

Free activities will be your new best friend. Perhaps your hostel is doing a movie night, or there’s a free walking tour (I know, I bang on about them all the time…), or maybe some of the local museums, galleries and other attractions have free entry. These are all great ways to save yourself some money, whilst also still having a great time.

Buddy Up

Doing a tour and made some new friends?

Made friends with your dorm room?

Doing things like cooking together, chipping in for a taxi together, or even booking a twin hostel room and sharing the price are all great ways of saving money. More often than not, twin rooms and 4-bed dorms often work out cheaper than large dorm rooms if a few of you book together – so it’s always worth looking on Hostelworld or Booking.com and see what offers your hostel has!

Cash

If you’re using a debit or credit card, perhaps consider withdrawing a larger cash amount rather than making lots of small transactions. Some ATMs will have a charge for withdrawal, so the fewer times you have to do this, the better. That being said, if you do take out a large quantity of cash always make sure you keep it safe! Split between bags, pockets, keep some in the bottom of your shoe. Basically make sure that if someone steals your day bag, not all of your money is in there!

Ask the Locals

Looking for a cheap supermarket or place to eat? Or want to visit somewhere which won’t cost you an arm and a leg to get into? Locals will more often than not point you in the right (and cheapest) direction. They will often be places locals go themselves, so you know you’ll be paying a reasonable rate rather than inflated tourist prices.

Create a Budget / Keep a Diary of Expenses

These two go hand in hand. If you have a set amount of money to spend on your trip, work out how much cash you have to spend each day. All you need to do is divide your money by the number of days you’re travelling for. With that being said, keep a diary or a note on your phone of just how much you’re actually spending. That can be done in the local currency or your home currency – it depends what kind of travel money account you’re using. It’s a great way of just making sure you’re not blowing your budget all in one go.

I hope these 5 tips help you save some much needed cash on your next adventure – and let us know in the comments below if you’ve tried any of these before or if you have any other great ideas!

Charley x

4 Comments on “How to Save Money while Travelling

  1. Great suggestions! Another thing to add would be to travel during the low seasons when things are not as busy. During these times, accommodation it’s usually cheaper.

    Liked by 1 person

    • Such a good suggestion! Flights and other transport tends to be a bit cheaper in low seasons too!

      Like

  2. Hi Charley. Some great money-saving tips there. Creating a budget is essential. It all reminds me very much of how I looked at things when I was a uni student – every penny saved was another penny towards a pint! 🙂

    Liked by 1 person

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