10 Tips That Will Help You Save Money for Travel

How many times we have heard someone saying “I wish I would win the lotto so I can travel.” Maybe that someone is us. The good news is, you don’t have to win the lotto to go where you have always dreamed of. A few compromises here and there, coupled with patience, will probably be enough to help you save money to travel and go to your dream destination. Here at Golden Age Trips, we compiled a list to help you stop dreaming and start traveling!

Before you keep reading: GoldenAgeTrips.com is making use of affiliate links, which in some cases will end up in a commission for purchases originated from this website. However, all referred companies/products/accommodations have been tried out or researched by us first. 

 Stop (or at least reduce) eating outside.
Eating outside
     We are guilty of this one, and we bet you probably are too. According to The Simple Dollar, the average American family spends $225 a month eating outside. Imagine if you were able to reduce how much you eat outside at least in half. That would be $1,350 you just saved in a year that you could use towards traveling.

If you get a raise, pretend you did not.
Promotion
     If you get a raise or a promotion, do not start thinking about everything you can do with that extra money. Calculate how much per paycheck the increase will be, and keep or move that amount to your savings account as soon as you get paid. At the end of the year, you will be surprised by how much healthier your savings account looks.

Get a Credit Card with Travel Rewards.
Credit Card
     Credit Cards do not have the best reputation. However, if you are good at managing a monthly budget, you shouldn’t have any issues. Choose a Credit Card that gives you points for every purchase, and take advantage of promotions. For example, if an airline Credit Card is giving 40K Points after you spend $2,000 within the first three months buy or pay the bills with your credit card instead of cash, and pay its full balance every month so you can get 2 or 3 round trip domestic tickets for free.  After that, the only problem you will have is deciding where to go. Personally, I had a great experience with the Southwest Rapid Rewards VISA from Chase. Apply through my referral link here!

Become familiar with the high/low seasons of your dream destination.
Fall Leaf
     There are standard Travel High Seasons (Christmas, Thanksgiving, Easter, etc.). There are also high/low seasons that only pertain to where you are going. If there are big festivals or events during a particular time of the year, try to avoid those dates. The difference in price for tickets and accommodations between high and low season dates can easily be double or triple.

Travel with someone else or a group.
Europe with friends
    There is nothing wrong with traveling alone. However, going with someone else might help offset some of the costs. Meals can be shared, and also the cost of a hotel or room. If you are with a group, there might be group rates for activities and attractions too.

If you don’t need it, don’t buy it.
Cellphones
     We always want to have the latest technology, and sometimes not having it can make us feel like an outcast. But before you act based on impulse, think twice about it. What will bring you more satisfaction in the long run? A new phone, or exploring new cultures and seeing in person monuments or landscapes you have only seen in movies and have dreamed about for years? We don’t know what your answer is, but we know what is ours 🙂

Be frugal.
Dresses
    Before you stop reading, frugal is not the same as stingy. Being frugal does not mean you can’t buy the clothes or shoes you or someone in your family might need. Instead, that you will compromise a brand name shirt for one that’s not. Do the same thing with shoes, makeup, and even food. If you don’t, Michael Jordan and Kylie will keep traveling with your money, and the only thing you can do is take selfies with their shoes and lipstick in your house.

Be on the lookout for flash deals.
Hotel Resort
     Not everyone can drop everything, pack, and leave to take a vacation. But if you don’t need to ask weeks in advance for some days off, flash deals will help you save tons of money. When airlines and hotels realize a flight will not be booked completely, or the hotel is booked below capacity they will lower their prices and advertise what we see on numerous websites as “Flash Deals”. Subscribe, and be alert. You can start by subscribing below to our mailing list where you will receive Travel Packages and ways to save.
 
Consider stopovers. 
Airport
   The definition of ‘stopovers’ is literally ‘a break in the journey.’ We all can agree that layovers are typically not fun. But what if we can extend the layover free of charge, and have the chance to visit another country for up to 7 nights! That is what some airlines and countries are doing to increase tourism. For example, if you are planning to go to Europe, you can have a stopover in Iceland and stay there an extra night, or even an extra week. Sweet, isn’t it?

Talk with your friends or someone that travels often. 
Smartphone
     Have you ever wondered how some of your friends are traveling all the time? Then stop wondering. They might know something you don’t, and they are probably more than willing to share. If they have gone somewhere you want to, do not hesitate and ask them how they did it. There’s nothing for you to lose, and lots to gain.

Don’t forget to Pin It.
10 Realistic Tips To Save Money For Travel
Pin
Share
Tweet
+1
Flip
Stumble