Travel is expensive but it doesn’t always have to break the bank! There are four main categories you have to budget for when planning a trip:
In this article, Jacaranda walks you through our top tips for travelling on a budget so you can make your next trip more affordable.
Finding inexpensive flights is an art form that you’ll slowly perfect the more you travel. If you’re still a novice though, your first stop should always be Google Flights. We love Google Flights because it gives you a calendar view of prices. So, you put in your point of origin and your destination and then it will show you the price of your ticket on each date for the timeframe you are looking to travel in. This is really handy because it gives you an idea of markups on weekends and popular travel dates.
The next website to check out is Skyscanner. Skyscanner is great because it also has the calendar view and it offers some options that other websites don’t give you because they’re ‘inconvenient’. What we mean by this is, sometimes if you’re going on a long haul flight Skyscanner will show you certain options with layovers that are a little bit inconvenient. However, in the end, these options are typically a lot cheaper.
Another site we recommend checking out is Expedia. For many, this is kind of an O.G. flight finding website that’s been around for a while. One of the perks of Expedia is you can create an account so whenever you book a flight, you’re collecting points. Eventually, you can use these points to access free flights.
The next website I use is Kiwi. Now, I really like Kiwi because they have this certain section that gives you the cheapest flights. So, you just put in your home airport and then it tells you the cheapest places to fly. You don’t even have to give them a date, it just tells you the cheapest deals they can give you because sometimes there are weird flukes or certain dates going to certain destinations for super cheap get a personal loan.
Download the apps! Skyscanner, Expedia and Kiwi all have apps that you can download on your phone to make searching even easier. Plus, they’ll store all your booking details for you.
Use an incognito tab. You might want to use an incognito tab because if you keep looking for flights on a public browser sometimes the prices can go up. This isn’t always the case, but better to be safe than sorry!
Find flexible dates. So, if possible if you’re able to have flexible dates, always search for your flight with that in mind because sometimes booking a flight a day or two out from your original date can be way more affordable.
So, of course, the cheapest place to stay when you’re travelling is a hostel. Although it’s not for everyone, hostels can be really fun, especially if you’re travelling by yourself. You can meet so many different people from all walks of life. Normally, you’ll stay in a dorm room with a bunch of different people however there are some private options at most hostels. If you’re looking to save on money by staying in hostels, we recommend using Hostelworld. It’s simple to use and has a range of benefits most cheap accommodation won’t – like free cancellation and no booking fees.
Another cheap alternative definitely worth checking out is Airbnb. With Airbnb, you can find some really special places to stay and if you’re travelling on a budget it can be very affordable. When you go on the website just set the price range to what you’d prefer to pay and whether you just want a room or an entire place. A major perk to Airbnb that’s often understated is the fact that you will have a host. Even if you choose to stay in an entire home rather than a room, you can still message your host for tips on where to go during your visit loans with no credit checks.
Once the essentials are sorted – you have flights and you have accommodation – it’s time to think about your spending when you get to the destination. When it comes to food and activities the price will really depend on the location. You really have to look at the cost of living in the place that you’re travelling to. Obviously, most items will be cheaper in Asia as opposed to Iceland. So, it’s really important to look into the cost of living in your desired destination before you get there. Otherwise, you may get a nasty surprise!
When it comes to food, if you’re travelling in an expensive place like Iceland naturally you’re going to buy groceries and not eat out if you’re trying to live on a budget. If you’re planning to cook a lot during your travels, then make sure your accommodation has the right facilities.
If you intend to eat out, then ask the locals for recommendations. They will know what spots aren’t overpriced since touristy areas are notoriously expensive.
When it comes to activities, sometimes it can be best to wait until you arrive before you book anything. Some people like to have all their excursions planned out but if you get to your destination first you can talk to the locals, see whether you think an attraction is worth the money and find out whether you can see attractions without a tour group.
Of course, sometimes it’s not possible to do this and if you’re travelling with a lot of people you’ll want to have everything set up. But, if you’re travelling alone and you’re staying at a hostel it might be the cheapest option. You might be able to plan an activity with travellers from your hostel and save yourself some money in the process car loan!
Ultimately, when it comes to travel – planning is everything. So, don’t be afraid to get online and do your research. You don’t have to map out your whole holiday, but it doesn’t hurt to be prepared!
Like what you’re reading? Check out our blog for more tips on finance, travel and lifestyle. Jacaranda Finance provides personal loans from $300 to $10,000. Our application is 100% online, so you can apply anywhere and at any time! Best of all, it’s free to apply. So, scroll up now to get started.
Young entrepreneur Daniel Wessels is the CEO and Founder of Jacaranda Finance. Although only in his early thirties, Wessels’ determination and adaptability has led him to successfully pioneer a range of other enterprises both here and abroad.Read More
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