Traveling is no doubt an experience of a lifetime but if not planned correctly can and will wear off your budget. Traveling for a short span say for a week or so you can afford to live in a luxury condo or do those extra expensive dine-in’s but in the longer run it’s impossible to keep up if you are on a budget.
If you are trying to stick to a manageable budget and still get the best travel experience. Here are some of our favourite ways to save money while traveling long term:
1.Travel in the off season
Ever heard the term peak season?. It’s real. Some places become more expensive around new years eve, christmas etc others become expensive in summers or winters depending upon the influx of tourists in the country.e.g spring breaks etc. To draw visitors and keep tourism going airlines lower their rates by as much as 50-70% during off season. Not only will you get cheaper flights but also enjoy the places to yourself. There is less to no crowd in off season.
2.Cook yourself more
There you go, you are welcome!!. Stop eating out all the damn time. If you are traveling for more than three to four days you will notice how eating out adds so quickly to your budget. An appetizer here, a drink there, a few tips here and a tax there and voila!! You are overspending. For this very reason, we recommend finding local ingredients to cook fun recepies with. Infact, one of the first things long time travelers do is go to the supermarket and buy fresh fruits and veggies. You can also bond with the local while you learn a dish or two from them.
3.Live in Hostels
Hostels are cheaper around the world usually but in some places you might find Airbnb cheaper such as in the Netherlands and Ireland. Apart from being cheap and awesome accommodation. Hostels are a great way to meet people and make great connections. You can take part in group outings as well as learn something together with your new buddies.
If you want to travel long term, you gotta stop shopping in foreign land unless it’s dirt cheap in your currency. Whether it’s a frequent collection of souvenirs or buying local handmade stuff, shopping in a foreign country is an expensive feat. Plus if you are a long time traveler you cannot take these things with you anywhere. They will be sitting somewhere in a box collecting dust and you will eventually have to get rid of them to travel light or pack light.
4. Get connected to locals
Use technology to your advantage to get connected to locals or you may already have friends or friends of friends in an area. The places locals take you to have fun and get to know the place are different from the fancy tour guides or other packages. For anywhere make it a rule to reach out to your network. You never know where you might find a long lost relative or a friend of a friend.
Generally, before traveling do your research, find the cheapest things according to your comfort and budget including, good, accomodation and traveling within cities. Know which places to travel in which season would make it light on your budget. Use local transport as a medium of getting by rather than flights, this thing will save you a ton of money and make great memories too. Skip the excessive parts of the travel for some other day but make sure to have fun.