Traveling is typically an expensive affair – between the transportation, accommodation, food budget, and what-have-you, there’s a lot to consider when planning your finances for a trip. You may be wondering how you can secure a big enough budget to make the most out of your next vacation. If you are, fret not: here are 6 tips on staying thrifty, so you don’t have to worry about money when you make your next trip.
Plan your travel budget early
Before you start saving up for a trip, it might be helpful to decide where you want to go first. By deciding a destination and establishing what you might want to do or experience on vacation, you’re setting realistic goals to aspire to and achieve. When planning a budget like this, take into account every aspect of the vacation, including transport and accommodation, to get a clearer picture of how much you’ll likely spend on the trip.
It’s good to be clear-headed about your future travel budget. Of course, it’s only a recommended guideline, in that you’re more than welcome to save more so you have more to spend when you’re holidaying.
Use a daily budgeting app
If you struggle with keeping track of your budget, you can download a budgeting app onto your Samsung phone to help you gain a better understanding of your spending habits. There are many budgeting apps available on online platforms, most of which are free, such as PocketGuard and Mint. These apps can help you learn more about how and where you spend, so you know where to curb your expenditure.
By using a daily budgeting app, you can also teach yourself financial discipline that can aid you during your vacation. After all, you wouldn’t want to save up a huge budget only to spend it all in 1-2 days’ time!
Get into meal prepping
Prepping meals for your week just might be key to saving up for your next vacation. While it may seem insignificant in your day-to-day routine, buying lunch for yourself actually contributes a lot to your monthly expenditure. You can save up a lot simply by bringing a meal from home to work or school instead of spending it on a meal at a nearby eatery, and you can save time by prepping your meals a week at a time.
Meal prep guides can be found all over the Internet, and options exist across all sorts of cuisines. Whether you’re feeling a spicy pad Thai or craving a filling rice bento box, it can always be part of your meal prep.
Shop at thrift stores
If you need to buy clothing for an event or just for daily use, consider ditching the branded stores and opt for the thrift shop instead. The huge discounts on thrifted items make them far more affordable counterpart to branded clothing, meaning you could potentially get tens of thrifted pieces at the same price as one branded item. Plus, recent research indicates that thrift shopping is more environmentally-conscious than buying more expensive new pieces from fast fashion stores.
While you might be worried about quality, good-quality thrifted pieces are available if you know where to look. Occasionally, you might even stumble on a well-kept branded outfit being sold for less than half its normal price – if you’re lucky, of course.
Travel cheaper on the daily
While you might not notice it at first, travel can often play a significant part in a person’s monthly expenditure. If you’re often traveling by car or motorcycle, gas purchases might hinder your ability to save money properly. Those who use taxis or e-hailing services to travel can also curb their spending by reducing the usage of such services.
Instead, consider using public transportation, like trains and buses, which typically cost less than a car. Additionally, you can also try walking whenever possible, and carpooling when the opportunity presents itself. These options not only reduce your spending but are also more environmentally friendly by reducing gas emissions.
Earn whenever and wherever possible
Of course, you can’t save money without earning money. If possible, look into earning money wherever and whenever you can – if you have a stable job, you can also use your best laptop to look into freelance or side opportunities. While the pay for these jobs may not be individually exciting, any money is money you can save up or spend in lieu of the budget you’ve already set for your vacation.
If you’re not sure where to start your freelance job search, websites like Freelancer and Upwork can be good places to look. Don’t forget to let the people in your life know, too – work opportunities can sometimes come from places you don’t expect, like friends or family.
Of course, these are just some surface tips on how to stay thrifty while planning your next big adventure. This is by no means an exhaustive list, and there are surely many, many more ways to save your money. Whatever you choose to do to stop yourself from excessive spending, remember that at the end of the day, you’re saving up to spend on yourself and whoever you’ll be vacationing with – to ensure your upcoming trip is one that nobody will forget.