Smart Ways to Save Money While You Travel the World

smart traveler

Saving money and traveling the world. Two phrases that don’t necessarily go hand-in-hand. Or do they? Believe it or not, it is possible to be a globetrotting world traveler, while also staying on a budget. Being on a budget doesn’t mean you necessarily give up all the luxuries while you’re traveling either. Instead, it requires that you be smart about how you spend your money and your time, and you’ll be rewarded with enriching experiences that don’t cost a fortune.

Below are some easy, attainable ways to save money, no matter where you’re traveling next.

Find Free Places to Stay

We could recommend that you save money by staying in hostels, which is one option, but there are others as well. There are plenty of ways you can even find accommodations for free, all over the world. You can do something like CouchSurfing, and there are also options such as BeWelcome. BeWelcome is a concept that lets travelers arrive in cities from Paris to Mumbai, where they’re greeted by someone who’s going to be their personal host and guide. It’s an amazing way to get to know the real side of cities you’re visiting, from a local who knows it well. There are even programs that let travelers get room and board in exchange for volunteer work.

frugal travelerUse the Sharing Economy

The sharing economy has made its presence known around the world. From sites that let you rent rooms or even entire homes for a fraction of what you might pay for a hotel, to bike sharing, there are so many ways you can take advantage of the sharing economy as a traveler. You can also save money on in-city transportation costs once you’ve arrived at your destination by using apps like Uber, which is typically quite a bit less expensive than taking cabs or renting a car. You can save even more on the cost of traveling by searching for global Uber coupons before you head to your destination.

Think About Tourism Cards

Many of the world’s major cities offer various tourism cards, and these are designed to provide travelers with deals on the attractions of the city. For example, if you were to buy one in London or Paris you might get admission to all of the city museums for less than $100. Many of these cards may also include free public transportation. These tourism cards will usually pay for themselves very quickly during your trip.

banking smartsBe Smart About Banking

When you travel abroad, you may be paying just to use your own money, and not even realize how high your banking fees are. For example, you may be paying as much as 3% when making purchases abroad. The best thing to do is to get a travel prepaid debit card that will let you make purchases nearly anywhere, and also let you take out cash from ATMs without foreign transaction fees.

Traveling is an amazing experience, and it doesn’t have to be out of your reach, even if you’re on a budget. Thinking about tips like the ones above can help you see the world, even with a limited amount of money.


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