7 Ways to Save Money while Traveling

By: Allison Herman | July 31, 2019
Topics: Life Skills, Gap Year Planning, Travel Skills
Trying to figure out how to travel on a budget? Whether you’re flying solo or on a group program, these tips will help you keep the costs down without sacrificing any adventure.

There’s a feeling of relief and excitement once you’ve finally saved up enough money to book a flight for the trip you’ve been dreaming of. But it’s important to keep an eye on your finances in regards to the rest of your vacation, too. From accommodations to food to experiences, you want to do the most while spending the least. Here’s a few ways to make that happen.

  1. Hostels and home-sharing sites are your friend. On a Winterline gap year, your group accommodations are included in the program cost. But if you’re traveling on your own, don’t go straight for a hotel. Hostels and sites like AirBnB or VRBO are cheaper and have the added benefit of immersing you more directly in the local culture. You’ll get more of a chance to interact with people who actually live in the area and can give you tips and recommendations to make the most of your stay.winterline, gap year, homestay
  2. Do your research on admissions prices for museums and other institutions. Museums are often a must-see to get a taste of the culture, art, and history. You shouldn’t have to miss out because you can’t afford the trip. Many museums in Europe, for example, offer free or discounted tickets for not just students but young adults up to 25! A lot of museums also offer free admission on a certain night of the month, if you can work it out so that your visit overlaps. winterline, gap year, museum
  3. Look for free activities, too! There’s plenty of equally stimulating and cultural activities that you can participate in for no cost. Check out community calendars, look on Facebook, or ask a local to find out what’s going on in the area.
  4. Use the public transportation! Calling a cab may be tempting, but taking a bus, train, or even tuk-tuk will be gentler on your wallet. Even better, again, using the public transportation will give you a more authentic experience of the country you’re in. Maybe you’ll strike up a conversation with the person next to, find a hidden gem at a random stop, or have a fun story to tell your friends. You may also find that an overnight bus or train is much cheaper than a flight and will get you to your destination all the same.winterline, gap year, tuktuk, money
  5. Don’t eat out for every meal. If you have a kitchen, you should try to take advantage and prepare your own food, even if it’s just one meal a day! However, you can save money on food even if you don’t have a kitchen to cook for yourself. There’s plenty of light meals and snacks you can make without a stove: buy food at the grocery store or the local market for breakfast or an outdoor picnic. When you do go out to eat, try to stick to the local places instead of the tourist traps.student_eating_street_food_portrait
  6. Invest in a filtered water bottle. You may have to spend on it up front, but in the long run, you’ll save money refilling your water instead of buying new bottles all day in countries where the tap water isn’t safe for tourists to drink.
  7. Keep track of your spending. Oftentimes we aren’t aware of just how much we’re spending each day. Use a spreadsheet, a notebook, or an app, and take a few minutes at the end of each day to review how much money you spent that day and what you spent it on. This will help you realize if you’re spending too much on food, for example, so tomorrow you’ll know to pack more snacks and avoid eating out. This will also help you prioritize what’s most important to you and therefore worth spending a little more on.winterline, gap year, money

How do you manage your spending while traveling? Are there any tips you’d recommend for fellow adventurers?

 

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