Financially Fit Friday 10 Tips For Talking Finances With Your Spouse

Traveling Abroad on a Budget

When people think of visiting popular overseas destinations like London, Paris or Japan, they’re often concerned with extravagant hotels, overpriced food and costly flights. However, a big trip doesn’t have to bring big expenditures. In fact, with a little planning and some self-discipline, traveling abroad on a budget can be relatively simple.

Economical Travel

One of the easiest ways to save is by going during the off-season. In Europe, for example, this is between October and April. Flights are usually cheaper, as are hotels, restaurants and fuel.

Don’t just take the first flight that fits your departure and return dates — do your research. If you’re willing to sacrifice some time, it can be cheaper to have some layovers. For instance, it may cost less to fly into Ireland, then catch the connecting flight to Paris, than it is to go directly to Charles de Gaulle.

If you’re traveling alone or as a couple, use public transportation when possible. In London, an Oyster Card gives you access to the subway, bus, railways and boats for less than the price of renting a car and paying for gas. On the other hand, if you’re with a group of adults, splitting the price of a single rental car could be more cost-effective.

Modest Accommodations

Skipping the main tourist season means you’ll already spend less on accommodations, but you don’t have to rely on hotels. Many bed-and-breakfasts offer rooms at lower rates and sometimes provide plenty of free amenities. Hostels are an option, and you can look up pictures and reviews online before booking. You can also try home exchanges or hospitality services, such as Airbnb to see what kind of deals are available.

Cheaper Cuisine

If you have access to a kitchen, consider buying groceries and making your own meals instead of eating out. Look for what’s in season and take advantage of the local produce. Additionally, you can pick up groceries that don’t have to be cooked and stop for a picnic.

If you’re vacationing on a budget, three meals a day isn’t necessary. Dinners at restaurants is usually the most expensive, so by eating a big lunch and only snacking for the rest of the day, you’ll save some money and some calories, too.

Inexpensive Entertainment

Check out a guidebook — printed or online — before beginning your journey and look for free tours, good hikes, scenic locations and other inexpensive excursions. Search for deals and discounts on entertainment. Once you reach your destination, talk to locals about their favorite sights and activities. You may discover adventures, vistas and prices most tourists don’t find.

If want to bring souvenirs home, avoid airport and hotel gift shops. Look for flea markets, farmer’s markets and swap meets. Not only will you be able to purchase handmade items from local residents, many vendors are open to bartering, letting you walk away with a great bargain.

Finally, if you’re planning on international travel, make sure to notify your financial institution. This will help prevent any unnecessary issues with your credit cards. America First is also part of the CO-OP Network, which allows you to get cash from any ATM in that partnership without paying fees.

Traveling to another country does require some financial preparation, but these money-saving tips should help the price tag become more manageable.