12 Tips to Save Money as a Tourist

Posted by Sha'Kreshia Terrell in Lifestyle & TravelMay 4, 2023(Last Updated May 4, 2023)•5 min read

Key Takeaways

Travel and tourism play a significant role in our economy and culture.
Despite the expense of traveling, there are ways to save money, as traveling has become increasingly popular since the height of the pandemic.
There are several ways to save money on travel expenses, as people are starting to travel again due to many countries lifting their travel restrictions.

Are you ready to make some real money moves?

Travel and tourism play a significant role in our economy and culture. It's not just about generating billions in revenue and creating millions of jobs; it's about exploring new cultures, creating unforgettable memories, and discovering the world around us.

There are several ways to save money on travel expenses, as people are starting to travel again due to many countries lifting their travel restrictions. A recent survey showed Transportation Security Officers (TSOs) checked over 191 million passengers in the first quarter of 2023, up from roughly 158 million in the first quarter of 2022, a 20.4% increase.

Finding strategies to save expenses without compromising the caliber of your trip is important. Fortunately, there are numerous ways to cut costs when traveling, from preparing ahead to picking low-cost lodging. You can reduce the cost and improve the quality of your next vacation by using the following advice.

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12 Tips for Saving Money on Travel

So how can you save money on your next trip as a tourist? Here are 12 tips to help you save money on your next journey.

#1: Plan Ahead

One of the easiest ways to save money on your trip is to plan and research your destination and learn about local customs, food, and culture. Then look for travel deals and discounts you can take advantage of, such as off-season discounts and promo codes. Use budgeting tools like travel apps to track your expenses and stay within your budget.

The earlier you start planning your trip, the more time you will have to find deals on flights, hotels, and activities. For example, if you want to travel to Europe in the summer, you should look for flights and hotels as early as January or February. This will give you more time to compare prices and find the best deals.

#2: Be Flexible with Your Travel Dates

Being flexible with your travel dates can help you save money. Consider traveling during the off-peak season, as prices are usually lower. You can also take advantage of last-minute deals and discounts by booking your trip closer to your travel date.

For example, if you plan a beach trip, consider going in the fall or spring when the weather is still warm, but the crowds are smaller. Or, if you are planning a city break, consider going on a weekday when hotels and flights are cheaper.

#3: Choose Budget-Friendly Accommodations

Accommodations can take up a big chunk of your travel budget, but there are ways to save money. Consider staying in hotels or budget hotels, as they’re usually cheaper than luxury hotels. Vacation rentals like Airbnb are also a great option, especially if you’re traveling with a group. You can also utilize rewards programs to get discounts or earn free nights.

#4: Open a Travel-Friendly Bank Account

If you travel frequently, opening a travel-friendly bank account may be worthwhile. Benefits include no international transaction fees, free ATM withdrawals abroad, and favorable currency rates. Furthermore, some travel-friendly banks provide benefits such as travel insurance, airport lounge access, and reduced or free foreign wire transfers.

When selecting a bank, it is critical to investigate the fees and perks connected with each account in order to identify the best option for your unique travel needs. By opening a travel-friendly bank account, you can save money on fees and enjoy peace of mind while traveling.

#5: Use Cashback or Rewards Cards

Using cashback and rewards credit cards can help you save money and earn valuable rewards. Many credit card companies offer travel-specific rewards, such as airline miles, hotel points, or cashback on travel purchases. You can use these rewards to offset the cost of your trip or even earn free flights or hotel stays.

Choose a card that offers rewards that align with your travel goals, and be sure to use your card responsibly to avoid accruing debt. Additionally, be aware of any foreign transaction fees or other charges that may apply when using your card abroad. With a little research, you can find a rewards card that can help you make the most of your travel budget and earn valuable benefits.

#6: Eat Local Food

Eating at local restaurants is a great way to save money and experience the local culture. Local restaurants are often cheaper than tourist traps and offer a more authentic dining experience. Plus, you can get to know the local people and learn about their culture by eating at their restaurants.

#7: Take Advantage of Free Activities

Many cities and towns offer free activities, such as museums, parks, and walking tours. These are a great way to see the sights and learn about the local history without spending money. You can also find free events and activities online or in local newspapers.

#8: Use Public Transportation

Using public transportation can save you money on transportation costs. Instead of taking taxis, consider using the subway, bus, or train to get around. You can also walk or rent a bike to explore the city and get some exercise.

#9: Pack Light

The less you pack, the less you will have to pay in baggage fees. When packing, only pack the essentials and leave behind anything you don't need. You can also save money by packing your own snacks and drinks instead of buying them at the airport or on the plane.

#10: Bring Your Own Snacks and Drinks

Eating out can be expensive, so bring your own snacks and drinks to save money. This is especially helpful if you are on a long trip or traveling to a country where food is expensive. Pack snacks and drinks in your carry-on luggage or checked baggage.

#11: Shop Around for Deals

Shop around for the best flight, hotel, and activity deals. There are many websites and apps that can help you find the best deals. You can also sign up for email alerts from airlines and hotels so you can be notified of special offers.

#12: Use a Travel Agent

A travel agent can help you find the best flight, hotel, and activity deals. They can also help you plan your trip and ensure everything goes smoothly. A travel agent can be a great resource if you need help figuring out where to start. So go ahead and plan your next adventure with these money-saving tips in mind and create unforgettable memories without spending a fortune.

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The Money Wrap-Up

National Travel and Tourism Week is the perfect time to plan a budget-friendly vacation and explore new destinations. Following these tips can potentially save money while having an amazing travel experience. With a little bit of research and creativity, you can make the most of your travel budget and create memories that will last a lifetime.