They say travel is one thing you can buy that will make you richer. However, it can come at a pretty penny.
Here are some money hacks to help you enjoy the experience of a lifetime without breaking the bank.
Take advantage of your carry on luggage. Some airlines charge a fee to check your bag, more so if it’s over 50 pounds. Packing smart and only taking a carry on can save you money, not to mention time in waiting for baggage claim.
If you’re worried about fitting everything into your bag, rolling clothes is one technique that will save space and help you fill your bag to the maximum capacity.
Compare travel credit cards
While the credit card you use at home might be the best one for domestic purchases, you might be missing out on earning free flights or exclusive airline perks by overlooking cards geared towards travellers. Whether
you’re a frequent flyer or fly once in a blue moon, travel credit cards are a great option.
There are a few things to consider when deciding which credit card is best for you
If you fly on the same airline frequently, you may want to look into the card that airline offers. For instance, if you prefer to fly JetBlue you may want to look into the JetBlue Card, which offers deals tailored to them.
if you tend to fly on a variety of airlines it may be more beneficial to look for a card that has a more flexible point system.
Hotels are slowly becoming a thing of the past as new home rental apps surface. AirBnb, HomeAway, and VRBO are all examples of booking sites that you may be able to find a place to stay at a cheaper rate. You are given the option
of whether you would like to rent an entire space or just a room.
Couchsurfing is an alternative option that allows you to connect with people in different countries. Couchsurfers open their homes to you for free and take you in during
Stock up the fridge
Don’t let that fridge and microwave in your rental be a dust collector. Vacation could be expensive, especially when you find yourself eating out for three meals a day. Keeping just some essentials like milk, eggs,
cereal, and cold cults in the house, you could cut out at least one meal a day.
Five block rule
When visiting a new place for the first time odds are you will be drawn to all the major tourist attractions. As you take it all in, it’s sometimes hard to not get swept up in the thrill of the moment and sit down at the closest
restaurant to enjoy your next meal. The businesses that are within five blocks of a major tourist attraction often spike up their prices as a tourist trap. When it comes to restaurants, many that surround main attractions also lack authenticity.
By taking a short walk, about five blocks, you will stumble upon storefronts and restaurants with items for half the price.
Transferring money and converting currencies
When traveling overseas, transferring money and converting currencies could be costly. Depending on your bank or money transfer service, you may be charged with hidden fees such as international fees or bank-to-bank fees.
It could be beneficial
to compare different money transfer services
prior to selecting one in order to make sure you are getting the best deal.
Gas is a crucial part of your trip, quite frankly you can’t have one without keeping your tank off empty. GasBuddy is an app that links up to your GPS and gathers the prices of nearby gas stations in order to find you the cheapest
Planning your stops
Gas is not the only aspect of a road trip you should plan ahead of time. You could benefit from planning what restaurants you want to stop at along the way. Figuring this out ahead of time gives you full control over how
much you want to spend on each meal and will help you get the most bang for your buck. You may also even want to pack a cooler with lunch or dinner options before you hit the road to avoid stopping all together.
Check your car and health
Make sure to get your car to the mechanic for a quick checkup before you hit the road. If your car breaks down in the middle of nowhere you may have extra fees at an unknown mechanic. If your car is at the point of no return,
you will then have to pay for a rental to finish up the rest of your trip or to simply get you back home.
Your health is another factor you should consider before going on your trip. You do not want to have any surprise health issues
that may run up your credit card in hospital bills and medicine. Make sure you are able to endure the trip you are about to embark on before you do.
About the Author
Rachel Dix-Kessler is the Consumer Advocate of personal finance comparison website, finder.com. In her role of Consumer Advocate, she analyzes and reports on the spending and savings habits of Americans. Rachel is passionate about studying financial trends to provide actionable advice that encourages more people to talk about, and understand, their own personal finances.