10 Easy Ways To Save Money For Travel in 2024 (2024)

Given a chance in life, we’d all choose to travel to see the more significant part of the world. However, pragmatically speaking travelling comes with immense sacrifice, saving and planning; Unless of course, you can fly like the birds. While the cost of living is on the rise each day, it doesn’t mean we put off our travel plans. Little hiccups here and there and some smart decision making leads to a lovely trip.

The trend of travelling the world on a budget came with the popularity of blogging and vlogging. Instagram has lifestyle bloggers all over it who go on a budget and yet manage to have a Pinterest vacation. So here are some ideas on how to save money for travel.

1. Pick Your Typeof Travel

10 Easy Ways To Save Money For Travel in 2024 (1)

Travel could be of many types, depending on the type of break you are looking. It could mean a trek to a nearby hill station, a soul searching trip amid nature and dense forests in the bounds of your country, a solo bike ride, a cruise overseas or even an annual trip abroad. Make a choice based on your wish and how long you intend the trip to be. More extended the trip, more the finance. For instance, a three week holiday to Kodaikanal or Ooty will be was less than a ten-day Europe tour. So decide Kashmir vs Switzerland; Pondicherry, Goa vs Bali!

2. Research About Your Destination

10 Easy Ways To Save Money For Travel in 2024 (2)

Once you have your mind set on a particular place, start gathering details on their local life. This research will give you an idea of their standard of living and kind of expenses you’ll face on your trip. And importantly opt for inexpensive places to stay there, like hostels and homestays like Airbnb or motels. Instead of staying at Hilton, Westin, this way you will hence get a feel of the local city without burning a hole in your pocket!

3. Ink Down Your Expenses

10 Easy Ways To Save Money For Travel in 2024 (3)

Saving money starts by noting down your expenses. From daily requirements to extravagant buying, note it all down for a week. This bookkeeping will help you keep a tab, and as you do so for a week, you will be able to analyse when and where to cut down. That overly excessive, expensive top from Zara was not your current requirement; you will learn this and discover much more of reckless buying. Apps like ‘mint.com’ will aid in this process.

4. Bring out the Piggy Bank

10 Easy Ways To Save Money For Travel in 2024 (4)

Now that you have a fair idea about your trip and learnt of all your miscellaneous expenses cut down all your other expenditure. Be it a membership (salon, club, overly big Netflix account for just one person?) fee you’ve been paying every month for a service you don’t use, bar hopping with your buds when you could have a subtle yet rocking time drinking at home, fancy restaurants, incessant shopping; rid of all of this now. In terms of cost cutting, get a roommate to split your rent in half, take a walk instead of driving– long walks are fun when you have just the right company, be your masseuse when you need to relax!

5. Save! Save! Save!

10 Easy Ways To Save Money For Travel in 2024 (5)

A lot of couples these days save a part of their paycheck and create a travel fund. Something like this will help you go on mini-vacations every other month. Celebrity Youtube couples introduced this trend, and it is indeed a great idea! Save lump-sums in a piggy bank the way we used to do it as kids or deposit it in a bank, and you may earn interest for your gesture. If you’re a student keep some money aside and pick up some shifts after college, you could make your way for a getaway.

6. Spend Less on Food

10 Easy Ways To Save Money For Travel in 2024 (6)

Cooking for yourself and eating it is always going to be self-gratifying and cheaper. If there is no way you can cook for yourself, choose a food catering service or a food mess in order to save money as eating at different places is just going to cost you more money. Cut down on those fancy coffee and luxury food, indulge in local delicacies and street food, go back to the roots. Remember, the idea is to cut down and spend less, not starve yourself; so eat to your heart's content keeping the end goal in mind which is to travel.

7. Use Public Transport

10 Easy Ways To Save Money For Travel in 2024 (7)

Take full advantage of the public transport systems in your country and save money on intra-country travel. Using your own vehicles and taxis will only lead to you spending more money or better yet, get yourself a bicycle for short distances; environment-friendly and a workout for the earth-conscious people. If you find all this a bit extreme, you can opt for ride-sharing services by companies like Uber, Lyft, Ola and more. Every bit of money you save inches your dream of travel closer.

8. Save on Bills and Utilities

10 Easy Ways To Save Money For Travel in 2024 (8)

If you are a cable TV binger, maybe it's time to say goodbye to it. You won't have to sit and be subjected to addictive saturated programming and you save money in cable bills. Reducing the consumption of water and electricity can also go a long way in getting you the money you need to finally getaway. You can find so many ways to reduce the use of electricity just by looking around your house. Always keep the end goal in mind; travel. In the end, it will all be worth it.

9. Limiting your entertainment and leisure activities

10 Easy Ways To Save Money For Travel in 2024 (9)

Instead of going out to eat, invite people to your homes and cook the food. Go to places on days there are free admission or look for free things to do during the free time. You don't always have to spend money to have a good time, take a look around and there will always be something you can do without burning a hole in your pocket.

We all have a hidden talent or even a hobby, its time to make money out of it. If you like to do artistic work, customise your art for friends and your known social group and sell it. It is a great way to optimise your skills.

10. Get rid of habits that cost you

10 Easy Ways To Save Money For Travel in 2024 (10)

If you’re a smoker, quit smoking. A habit of going out at night to party? Stay in. Serial book buyer? Get free ebooks or borrow. A spa-goer? Stay in, take a bath. Expensive gym membership? Cancel it, use your surroundings, breathe in the fresh air. Feel like spending money? Don’t.
Always make sure to remember what you’re striving for. That is to travel and have a life-changing experience which is going to stay with you forever so keep the short term luxuries away for a while and get travelling!

Yes, this sounds like a lot of sacrifices, but being wandering the world will make it worth it! Don’t restrict yourself for the world was meant to be explored. Some of the beautiful places on Earth might be far away; for a traveller, everything is a wish away. So set your heart on a dream vacay and motivate yourself to work towards it, and there will be no such feeling like making your dreams come true on your own accord. Bon Voyage for the wanderer in you!

10 Easy Ways To Save Money For Travel in 2024 (2024)

FAQs

How to save $100 or more when traveling? ›

  1. Pack light.
  2. Shop at local grocery stores.
  3. Pack snacks.
  4. Get yourself into the airport lounge.
  5. Arrive early.
  6. Get TSA PreCheck or Global Entry membership fees reimbursed.
  7. Take advantage of credit card free night certificates.
  8. Book hotel rooms on points.
Jul 10, 2024

How to get free travel? ›

How to travel for free: 5 smart tips
  1. House-sit or pet-sit. Love animals? ...
  2. Volunteer. ...
  3. Take advantage of overbookings. ...
  4. Reconnect with family and friends. ...
  5. Use your credit card reward points. ...
  6. Cruise ship crew. ...
  7. Flight attendant. ...
  8. ESL (English as a second language) teacher.
Jul 30, 2024

How can I save for a trip fast? ›

How to save money for travel?
  1. Set your intention.
  2. Plan your travel budget.
  3. Set up a direct debit to your savings account.
  4. Cancel unnecessary subscriptions.
  5. Look for offers in shops.
  6. Limit online shopping.
  7. Save on energy bills.
  8. Give yourself a cooling-off period for purchases.

How much money do I need to save to travel for a year? ›

In general, you should expect it to cost between $25,000 to $35,000 per person to travel around the world for a year. This rough estimate comes from reading travel budgets of other bloggers, various travel planning resources, and our own experience. This is just the midrange.

How to quickly save $1,000 dollars? ›

Financial expert Dave Ramsey has a lot of ideas on the subject, and here are some of the most practical ways to save your first $1,000 quickly.
  1. Cancel Subscriptions. ...
  2. Bring Your Own Lunch. ...
  3. Avoid Coffee Out. ...
  4. Re-Sell Old Items. ...
  5. Shop at Cheaper Grocery Stores With Rewards Programs. ...
  6. Buy Generic. ...
  7. Join a Carpool.
Dec 28, 2023

How much should you save for a 7 day trip? ›

Determine Your Budget

The average cost of a domestic vacation in 2023 was estimated at $283 per person per day, a total of $1,584 per person for a weeklong trip, by BudgetYourTrip.com, a travel expense website.

How to setup a travel fund? ›

You could build a portfolio of stocks with a mix of large-, medium- and small-cap funds. You could also consider investing in SIPs (Systematic Investment Plans). Begin with a small investment, and gradually increase the value of the investment as you start feeling more confident about the chosen scheme.

Where to put money for travel? ›

Keep your travel fund in a separate savings account

Keeping your travel fund in a separate savings account is another helpful strategy. It can streamline your efforts, making it easier to track progress and know exactly when you've reached your goal. “I love me a high-yield savings account,” Lent says.

What is the average vacation cost for 2 people? ›

The average cost of a one-week vacation in the U.S. is $1,991, but it could be as little as $739 or as much as $5,728. ¹ If you're traveling as a couple, the average vacation cost for two people is $3,982. Cost varies greatly depending on where you go when you travel and what you plan to do while you're there.

How much does the average person save for vacation? ›

Average Vacation Costs in 2024: Transportation, Entertainment, and Budgeting Tips. Quick Answer: In the U.S., a one-week vacation for a solo traveler costs about $1,984, while a family of four can cost around $7,936. Inflation is on the rise, affecting how Americans choose to spend their money.

How much money on average do you need to travel? ›

As an approximate guide, I generally allow about $2,000 (£1,000 / €1,500) a month when backpacking around the world. Cities tend to be the most expensive places to stay so allow more if you are spending more than a few days in major cities.

How to save $100 in 30 days? ›

The plan works like this: Start off by saving just a dollar every day for five days. For the next five, save two dollars. Increase the amount every five days by a dollar until you reach the point where you're saving five dollars per day, which you'll do for the last ten days of the month.

How to save $100 dollars a week? ›

Here are 12 tips you can use to help you save that extra $100 a week.
  1. Create a Budget. ...
  2. Invite Your Friends To Do Fun Things at Your Home. ...
  3. Take a Staycation. ...
  4. Switch Cell Phone Providers. ...
  5. Negotiate a Better Deal. ...
  6. Shop Around for Home Heating Oil or Gas. ...
  7. Eliminate Unnecessary Subscriptions. ...
  8. Cancel Your Gym Membership.

How much cash should I have when traveling? ›

A good rule of thumb, though, is that, on average, you should plan to carry between $50 and $100 per day in the currency of the country in which you're travelling. As with all things, research is your friend here. Understand where you're travelling and what the local customs regarding cash are.

How would you use $100 to make more money? ›

How To Invest $100 To Make $1,000 a Day in 20 Ways
  1. Invest in real estate.
  2. Gather your savings in a high-yield savings account.
  3. Invest in the stock market.
  4. Start a blog.
  5. Use robo advisors.
  6. Invest in cryptocurrency.
  7. Start an e-commerce business.
  8. Start a dropshipping business.
Jul 27, 2024

Top Articles
Venmo Buyer Protection: Here's How To Turn On & Use It
Crime Prevention & Criminal Justice Module 7 Key Issues: 2- Justifying punishment in the community
English Bulldog Puppies For Sale Under 1000 In Florida
Katie Pavlich Bikini Photos
Gamevault Agent
Pieology Nutrition Calculator Mobile
Hocus Pocus Showtimes Near Harkins Theatres Yuma Palms 14
Hendersonville (Tennessee) – Travel guide at Wikivoyage
Compare the Samsung Galaxy S24 - 256GB - Cobalt Violet vs Apple iPhone 16 Pro - 128GB - Desert Titanium | AT&T
Vardis Olive Garden (Georgioupolis, Kreta) ✈️ inkl. Flug buchen
Craigslist Dog Kennels For Sale
Things To Do In Atlanta Tomorrow Night
Non Sequitur
Crossword Nexus Solver
How To Cut Eelgrass Grounded
Pac Man Deviantart
Alexander Funeral Home Gallatin Obituaries
Energy Healing Conference Utah
Geometry Review Quiz 5 Answer Key
Hobby Stores Near Me Now
Icivics The Electoral Process Answer Key
Allybearloves
Bible Gateway passage: Revelation 3 - New Living Translation
Yisd Home Access Center
Pearson Correlation Coefficient
Home
Shadbase Get Out Of Jail
Gina Wilson Angle Addition Postulate
Celina Powell Lil Meech Video: A Controversial Encounter Shakes Social Media - Video Reddit Trend
Walmart Pharmacy Near Me Open
Marquette Gas Prices
A Christmas Horse - Alison Senxation
Ou Football Brainiacs
Access a Shared Resource | Computing for Arts + Sciences
Vera Bradley Factory Outlet Sunbury Products
Pixel Combat Unblocked
Movies - EPIC Theatres
Cvs Sport Physicals
Mercedes W204 Belt Diagram
Mia Malkova Bio, Net Worth, Age & More - Magzica
'Conan Exiles' 3.0 Guide: How To Unlock Spells And Sorcery
Teenbeautyfitness
Where Can I Cash A Huntington National Bank Check
Topos De Bolos Engraçados
Sand Castle Parents Guide
Gregory (Five Nights at Freddy's)
Grand Valley State University Library Hours
Hello – Cornerstone Chapel
Stoughton Commuter Rail Schedule
Nfsd Web Portal
Selly Medaline
Latest Posts
Article information

Author: Clemencia Bogisich Ret

Last Updated:

Views: 6094

Rating: 5 / 5 (60 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Clemencia Bogisich Ret

Birthday: 2001-07-17

Address: Suite 794 53887 Geri Spring, West Cristentown, KY 54855

Phone: +5934435460663

Job: Central Hospitality Director

Hobby: Yoga, Electronics, Rafting, Lockpicking, Inline skating, Puzzles, scrapbook

Introduction: My name is Clemencia Bogisich Ret, I am a super, outstanding, graceful, friendly, vast, comfortable, agreeable person who loves writing and wants to share my knowledge and understanding with you.