Another post about saving money, but this time for ways to save while you’re traveling!
Hostels are the first thing that comes to mind when asked about cheap places to stay. I think they get a bad rep, but if you do your research, you can find hostels that have excellent reviews and are very safe. Check out HostelWorld for highly rated hostels.
Check out Airbnb to see if there are any places to stay within your budget. You might be able to find an inexpensive private room or entire apartment. Click » HERE « for $35 travel credit towards your first time renting with Airbnb.
Recently, couch surfing has become a lot more popular way of traveling inexpensively. CouchSurfing allows you to connect with hosts, confirm your free stay, and meet locals and other travelers in so many cities around the world.
You can also look into staying in a nearby town (if you don’t mind a short drive), where you can potentially find less expensive hotels than in a major tourist destination. For example: Crétiel is an 11 minute train ride from Paris, but you can stay in a hotel for $58/night versus $122/night.
Definitely plan your meals. Figure out where you will be and decide what you want to eat before you actually go, so you can save time and money. If you choose to eat out at a restaurant, try eating a larger meal at lunch instead of at dinner. Lunch food is generally less expensive than dinner food, so you’ll save money there.
If you have a kitchen available, cook some or most of your meals at home. Check out local farmers markets and live like the locals!
3. Free (or inexpensive) Activities
Do your research before you go. Many museums will offer either free or discounted student pricing, or cheaper tickets for young adults. Sometimes museums offer a free night once a month, so find out if your visit overlaps and take advantage of it!
Additionally, a lot of cities offer free walking tours (with suggested donations to the tour guides for their awesome services)! For example, Kristina and I are going on a walking tour of Reykjavik, so we’ll be getting a great introduction to Iceland and learning all about the history/food/nightlife/etc from a local.
Research multi-trip discounts on rail/metro/subways (a 3-day unlimited pass may be worth the cost) and take advantage of public transportation, rather than taxis.
Consider traveling overnight (on an airplane, bus, or train) to save money on accommodation and time. Compare all of your options and see what works best for your budget and timeline.
When choosing your destination, consider the exchange rate when you travel.
Research the best places to get cash in the local currency, because many exchange centers can have bad exchange rates.
But don’t forget to splurge on a meal or an activity that you have been wanting to do forever. While you’re there, this is your chance to experience everything that country has to offer! It’s important to save to an extent and stick to your budget so that you make it through the whole trip, but it’s also okay to spend a little more in exchange for great memories.