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5 Money-Saving Travel Tips

Knowing your particular traveling style can make your adventures to exotic locations run more smoothly. Each style brings advantages and disadvantages; do you know yours?

If you are a Vacationer with limited travel time, you will probably be staying in more expensive hotels and eating most of your meals out in tourist-priced restaurants. Organized tours with a paid guide will appeal to you instead of venturing out on your own by taking local transport and being armed with a personal travel book and your own maps.

If you are a Visitor, you might have a little longer time frame in which to enjoy a place and perhaps you have found that you like to do more things independently. You probably speak some survival phrases in the native tongue and will choose to dine in local eateries.

As a Veteran Traveler, you will have no time limit on your travels other than the country's visa restrictions. It is likely that you have a working knowledge of the local language and an individual traveling style based on internal motivation. A Veteran will be more inclined to hire a private driver and shop in the local markets for supplies, and is not afraid of eating native specialties sold by street vendors.

Photo taken by authors.

No matter which description suits you, the following tips can save you money while on the road.

Choose lower cost destinations like Eastern Europe, Latin America, or Asia. You will get more bang for your buck in every category such as housing, transportation, food, and entertainment.

Travel during low season to take advantage of the bargains that hungry vendors and hotels offer at these times.

Go to the local markets and grab some food to make your own meals. Use the kitchen in your rented apartment or in your hostel. Make peanut butter sandwiches to bring with you, have some fruit and pastry for breakfast, or carry trail mix to snack on during the day. This way, you won't need to go out for each meal.

Use public transport to get to your destinations or, if you are traveling with others, hire a private driver and share the cost.

Avoid buying souvenirs unless they are lightweight and small. The more you purchase, the heavier your bags are. You could find that you must pay a fee for checked luggage or need an extra bag altogether.

If you employ these time-tested tips, you will find your savings will be considerable, allowing you to experience more on your trip.

Photo courtesy of authors.

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Read/Post Comments (3) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 26, 2013, at 11:52 AM, chc1967 wrote:

    We have done a lot of inexpensive travel because for years we had more time then money. In general we buy only one souvenir per country. We think carefully about what that will be and how it will fit into our home. It's usually not expensive and it's amazing how much that one thing means to me over time. I think about where it came from whenever I encounter it in our lives. I use a sugar bowl from Scotland, crystal candle sticks from Ireland and a rug from India. I carry wonderful amber worry beads from Greece. Today one of my favorites is my large free shell that I brought home from Australia. We save money and space this way and add meaning. Claudia

  • Report this Comment On April 27, 2013, at 8:29 AM, BA103 wrote:

    Claudia you have your traveling style down pat! And you are right, just having that one souvenir brings back all sorts of memories of your trip. Traveling the world does not have to be expensive, and sometimes we find that traveling is cheaper than "staying home." Thanks for your comment. Akaisha Kaderli

  • Report this Comment On April 27, 2013, at 8:44 AM, Bobhob2 wrote:

    Great tips. Who doesn't love to save money while traveling?. I would like to add one more general travel tip that saved my last trip to Rome from total disaster. I lost my passport during the day but had no idea it was missing. Fortunately, I had an Okoban tracer tag on it. A waiter where I ate lunch found it and entered my tracker number on their website and I was sent a text message (and an email) before I ever even knew my passport was missing. Lucky for me because I was leaving in the morning for Germany and getting a new passport would have been impossible. I found these tags at mystufflostandfound.com. It saved my trip and I now have tags on almost everything that goes with me on a trip.

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