Travelling on a budget but have no idea where to start? Here’s a quick guide on what to consider when budgeting and making the most of your savings.
Running on a tight budget but still feel like enjoying a trip overseas to your dream destination? Don’t worry because we’ve got you covered! We’ve got nine tips and tricks that will help you steer away from breaking the bank, including how to save on your data plans overseas with Singtel ReadyRoam. All the while still ensuring that you’ll be able to have a fruitful and enjoyable trip. So grab your pen and paper and get ready to take notes!
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1. Discounts And Deals On Flights & Accommodation
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Keeping an eye out for discounts and sales on flights and accommodation to your desired destination is one of the easiest and most efficient ways to reduce your travel costs. Plan your trips in advance and check for any promotions or reductions in price offerings from your favourite providers regularly! Get ready to clinch the best travel deals online — especially during the festive season when airlines tend to release exclusive discounts and packages. Much like our SaveTrippin’ S$1 Flights Giveaway. 😉
Though this means that you may be slightly restricted with regard to your exact travelling dates, the amount that you’ll be able to save will definitely be worth it.
What To Consider When Budgeting On Your Travels: Check out What To Take Note Of When Travelling During The December Holidays 2022
2. Save On Double Data With Singtel ReadyRoam
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Looking to stay connected while overseas? Let’s face it, we’d all be helpless without our phones, especially when wandering around a foreign country without any means to book a Grab or access Google Maps. Well, that’s why a good data plan is absolutely essential. Don’t miss the opportunity to flaunt your best travel selfies and lock in your memories on the Gram with Singtel ReadyRoam!
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2. Free Or Low-Cost Activities
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While planning out your itinerary for upcoming trips, a great way to reduce your spending would be to incorporate activities and places of interest that require little to no admission fees. Many destinations feature activities that heavily involve just being in the natural environment, and lucky for us, these are free most of the time!
Some of these activities include but are not limited to: Hiking through a forested trail, strolling or riding a bike through local parks, and relaxing on sunny beaches where you’ll be able to enjoy the crashing waves of the ocean and good ol’ beach day with your loved ones. Besides braving mother nature, try visiting some lesser-known attractions and historical monuments! These don’t require visitation fees and would certainly provide you with an equally enjoyable experience.
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3. Avoid Card Transaction Fees
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Foreign transaction fees charged by your debit or credit card company can definitely rack up in numbers when you’re spending overseas. This brings us to our third tip, make sure that you always have a handy card at the ready that won’t charge you those pesky transaction fees when used abroad or withdrawing from a non-local ATM!
Some debit cards even provide the additional benefit of local charge rebates — so be sure to choose wisely! While we’re on this topic, the best option would be to use a multi-currency travel wallet that allows you to pay overseas with no fees and has an in-built money-changing function, like YouTrip. So, what are you waiting for? Sign up with us now (Psst, we’re free)!
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4. Consider Alternative Transportation
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When travelling abroad, taking a flight to your main destination is a no-brainer. However, when travelling to different regions away from your touchdown location, do consider taking alternative transportation methods to reach far away, desired locations.
Most of the time, forms of transportation like trains, ferries, and cars are more cost-effective as compared to booking an additional domestic flight. Plus, there’s something about these lengthier travelling alternatives that provide some form of respite with the change in pace and breathtaking scenic routes, providing a bonding opportunity for you and your travel companions.
What To Consider When Budgeting On Your Travels: Check out Economy Bookings for car rental prices on your travels
5. Visit Non-Touristy Establishments
Image Credits: Istanbul Clues
Most of the time, travellers tend to stick to establishments located in tourist zones, be it eateries or amenities. And who can blame them? It’s convenient and popularly reviewed amongst foreigners. However, establishments that cater to tourists tend to be relatively pricier than establishments that locals frequent. And if you’re looking to travel on a budget, why not search for places off the beaten path to meet your daily needs abroad?
Not only will patronising non-touristy food establishments save you some money, but you’ll also get to sample truly authentic local delicacies! Bonus point? Exploring the streets around your accommodation can also turn out to be an activity in its own right and would definitely help with getting you familiarised with your surroundings.
What To Consider When Budgeting On Your Travels: Check out this Paris Food Guide For All Budgets
6. Avoid The Peak Season
Image Credits: Canary Technologies
Another efficient way to save on flights and accommodation would be to travel within the off-season and avoid making arrangements to travel during the peak season. Time is a very important factor to take into consideration when planning a trip as it has a huge impact on the prices that you’ll be paying.
This is mainly due to an increase in the number of people looking to travel during certain months of the year, driving up demand which allows hotels and airline companies to charge a higher price for their services. Conversely, travelling during the off-season when there is lower demand means that airlines and hotels have no choice but to lower their prices in order to attract more travellers for fear of wasted capacity. And you know what that means, more deals for us! Goodbye busy crowds and long queues, hello peaceful exploration.
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7. Keep A Close Eye On Expenses
An underrated but paramount way to ensure that you stay within the budget when travelling is to diligently keep track of your expenses while on your much-deserved vaycay. Many travellers like myself tend to splurge overseas because of the incredibly common self-soothing logic of “But I won’t get the chance to buy this back home!”. But that just leaves us with little to spend at the end of the trip. Or worse, going over budget by eating into our cash reserves and having to withdraw extra funds.
Recording your expenditure at the end of each day on your phone or your handy little notebook would allow you to judge if you need to cut back on spending the following day. But why waste time counting petty cash after a long tiring day out when you have your handy YouTrip card with you? Track your spending effortlessly when you download our app. We’re all about making things easier for you.
When you track your spending, not only do you reduce impulse buys, but it guarantees that whatever you’re purchasing and bringing back is something you really want (or need). Making those items all the more precious.
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8. Make Use Of Loyalty Programs
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The last tip that all travellers travelling on a budget should consider is making use of loyalty programs. More often than not, airlines and prominent hotel brands have partnerships with financial institutions to provide loyalty programs. Therefore, be sure to check if the debit or credit card you own carries any perks or has a loyalty program in effect before booking your next flight and accommodation.
Who knows, you might have some loyalty points accumulated on one of your cards which you’ll be able to use to offset some costs on your next trip!
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Start Budgeting With YouTrip
Congrats! Now you know what to take note of when travelling on a budget. Whether you’re booking those plane tickets out of Singapore or securing your budget accommodations, don’t forget to use your YouTrip Card to lock in our ever-reliable wholesale exchange rates on your pre-trip purchases!
If you don’t already have a YouTrip card, sign up now! Be sure to check out our YouTrip Perks page for exclusive offers and promotions too! For more great tips and articles like this, join our Telegram(@YouTripSG) and subscribe to our free weekly newsletter here or down below!
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