travel budget
Here's how to stretch your travel budget. Image: canva

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Eight expert ways to maximize your travel budget 

Want to stretch your travel budget when travelling? One expert shares his eight great cost-cutting hacks that’ll save your wallet…

31-10-24 10:12
travel budget
Here's how to stretch your travel budget. Image: canva

Travelling can be an exhilarating experience, but it can also be expensive! With a little planning and some savvy strategies, however, you can maximize your travel budget and enjoy your adventures without breaking the bank. 

Jason Higgs, the Senior Deals Strategist at Bountii, explains his top cost-cutting hacks to help your travel budget go further.

1. Book early and be flexible

One of the best ways to save money on travel is to book your flights and accommodations well in advance. 

Jason explains that airlines and hotels often offer early booking discounts, so taking advantage of these deals whenever possible is a great idea.

“Also, by being flexible with your travel dates, you might be able to look for cheaper options.” Jason says.

2. Leverage loyalty programs and rewards points

If you’re a frequent traveller, consider signing up for loyalty programs with airlines, hotels, and credit card companies.

“These programs often offer exclusive discounts, upgrades, and perks that can save you money on your travels. Additionally, you can use your rewards points to book free flights, hotel stays, or other travel-related expenses,” says Jason.

3. Choose budget-friendly accommodations

Jason adds that while staying in luxury hotels can be tempting, it’s not always necessary.

“Consider opting for budget-friendly accommodations like hostels, vacation rentals, or budget hotels. These options can provide you with a comfortable place to stay without breaking the bank.”

4. Explore off-season destinations

Travelling during peak season can be expensive, with higher prices for flights, accommodations, and attractions. Consider exploring off-season destinations to save money and avoid crowds. You may even discover hidden gems that are less crowded and more affordable.

5. Cut your transportation costs

Transportation can be a significant expense when travelling, but there are ways to save money.

“Consider using public transportation, walking, or renting a bike to get around. If you have to rent a car, be sure to compare prices and look for discounts,” Jason says.

6. Budget-friendly DIY touring

You might also want to plan your own excursion, rather than book a pre-packaged tour. 

“While organized tours offer convenience and guidance, they often come with a hefty price tag that can significantly inflate your overall travel expenses,” Jason says.

“By taking the reins and planning your own excursions, you can enjoy the same attractions at a fraction of the cost.”

7. Eat like a local

“Dining out can be expensive, especially in tourist areas. To save money, try eating like a local,” Jason recommends.

Visit local markets, street food vendors, or small, family-owned restaurants to get a taste of the local cuisine at a fraction of the cost.

8. Take advantage of free attractions

Many cities offer free attractions and activities that can help you save money on your travels.

Jason advises: “Take a free walking tour, visit a local park or museum, or attend a free festival or event. The amount of free things to do might surprise you!”