10 Ways to Save Money on Vacation

10 Ways to Save Money - Travel with Mia - Feature

People often ask how I save money on vacation and I give them a lengthy reply. So, I decided to write it all down and put it on the blog. I know, from experience, that it’s easy to blow your budget in areas you hadn’t even thought of.  So, here are my tried-and-true tips for saving money on vacation!

1. CREATE (AND STICK TO) A DAILY BUDGET

I cannot stress this point enough! It’s easy to blow your budget when you have no idea how much you can spend each day. For instance, if you have $2000 for a 4-day trip then you should determine how much you want to spend daily.

For example, with $500 per day for a family of 4 you have to think about 3 meals a day, transportation, shopping, and sightseeing. If you have a small budget then you’ll need to be creative to make it work but it can be done. *If you’re staying in a vacation rental be sure to budget for groceries. Just having a budget won’t do you any good if you don’t look at it, update it, and stick to it.

2. PICK A GOOD LOCATION

Saving $50/night on a hotel or vacation rental outside the city sounds great, right? Not when you factor in the cost of transportation to the city. You’ll probably go back to your apartment twice a day and if it’s far it could end up costing more than you saved on the location.

3. BOOK A VACATION RENTAL

I’ve written about this before and you can read it HERE. If you’re on a budget, the best thing you can do is rent an apartment through VRBO, Airbnb, Flipkey,  or Tripadvisor.  There are plenty of reputable companies to choose from.

4. PAY IN ADVANCE

It’s possible to save money on transportation and sightseeing when you buy your tickets in advance. We purchased train tickets from Venice to Rome 2 months before our trip and saved 25%! You can also buy tickets for museums and monuments early. Don’t forget to check with the local tourism board because they usually have tourist cards with big discounts. The biggest benefit for paying in advance is not having to factor those costs into your daily budget!!

5. PLAN AHEAD

You don’t have to make an itinerary that goes hour-by-hour but you should have one that goes neighborhood by neighborhood. What I mean is, make a list of all the things you want to do then categorize it by neighborhood so you don’t spend time/money going back and forth. Even if plan your activities over multiple days, it can still work by neighborhood.

6. USE THE ATM

I like using the ATM when I arrive instead of exchanging loads of cash – plus, you skip the hefty fees. If your bank does have fees, it’s still better than exchanging at a kiosk. However, most places (depending on the country) take credit cards with a chip. If you don’t have a credit card without international fees, consider getting one if you travel frequently.

7. GET INTERNATIONAL DATA SERVICE OR A LOCAL SIM CARD

Trust me, this will be worth every penny! The last thing you want to do on vacation is hunt for wifi. We have the T-mobile international plan and it gives us unlimited data and texts in over 140 countries. It’s the best thing ever!!! If you can’t get an international data plan, purchase a Sim card in the airport when you land. They’re pretty cheap but your phone needs to be unlocked for it to work.

8. USE PUBLIC TRANSPORTATION

Don’t waste your money on taxi cabs and Uber rides! Get familiar with the train, the bus, or use your feet to get around. Of course, if you’re going across town and you’re in a hurry then cab it. But, don’t spend extra money just because you’re afraid of public transportation. In most European and Asian countries, public transportation is clean and easy to navigate.  Also, not all but some cities in the U.S. have great public transportation.

san francisco street car

9. SPLURGE ON ONE MEAL A DAY

Don’t spend a ton on food! Don’t get me wrong, saving money is not more important than eating local fare. One of the main reasons my husband and I travel is to eat!! However, we usually stick to pastries, local bread with jam and coffee for breakfast. This can run you $5-7/pp depending on your location. For lunch, we try to spend less than $10/pp and eat portable, street food. Dinner is where we like to go all out. We order a bottle of wine, whatever main course we want and we even have dessert! We don’t have a budget for dinner.

This is where your vacation rental can save you money. We like to stock our place with wine, cheese, bread, various deli meats (which can work for any meal), snacks and coffee.

10. HAVE A POST-VACATION FUND

If you’re like me and spend every free penny on vacation only to get home to surprise/forgotten expenses, this is for you. If you have a budget, I’m guessing you’re not independently wealthy so be conscious of how much you need when we get home. You can easily work that into your overall vacation budget.


I hope my tips will save you money on your next vacation! I’m in the planning stages for my next trip and I’m taking my own advice. 🙂 Do you have any tips, tricks, or advice to save money? I’d love to hear about in the comments.

(Be sure to pin for later!)

 

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Comments

  1. Reply

    This is a great list of helpful tips for spending less on vacation. We’ve been traveling through countries recently that don’t really accept credit card. Using cash makes it easier to see how much we’re spending, rather than when we put everything on our credit card.

  2. Reply

    As much as I wish I could be one of those spontaneous travellers, I tend to plan everything in advance mostly because of how much money you can save that way!

    • Carol
    • December 10, 2016
    Reply

    I’m a big advocate of staying in a convenient location. If you stay way outside of town just to save a few bucks, then you burn all of your time going back and forth

  3. Reply

    My favorite way to save money is to walk and use public transportation. In Bordeaux, where I live for example, it costs about 45 euro for a taxi from the airport to city center and only 1.50 euro to take the bus. That 43 euro is easily the cost of a meal or an activity!

  4. Reply

    Very helpful tips! I definitely follow some whilst I’m a bit more relaxed in others.

    For me location and public transportation are key!

    • Annie
    • December 10, 2016
    Reply

    A post-vacation fund is a great idea! Always good to plan ahead. I always like to tell people to never change money at the airport as well, they always charge the highest fees!

    • Polly
    • December 11, 2016
    Reply

    Great tips especially about using public transport, makes such a difference. I wrote a very similar post myself recently. Treating yourself to one good meal a day is also great advice. Polly

  5. Reply

    Good ideas. One thing I’ve found about ATM’s is location is everything. An ATM in an airport will likely charge much more for the service as opposed to a local bank. Love taking public transportation too – traveling with locals and seeing neighborhoods.

  6. Reply

    These are practical tips. Sticking to a budget and planning early is the way to go. This makes the saving part much easier when you have something to look forward to. Agree and I definitively do it, is to plan for a splurge meal at least once 🙂 Thanks for sharing your tips!!

    1. Reply

      It can be hard to get started on a budget but it’s much better in the long run. We’ve been able to travel so much more throughout the year since making budgeting a priority. We don’t overspend as much as we used to!

  7. Reply

    I always try to splurge on one great meal a day, but I also adore locally made traditional food. Sometimes it’s even better than the expensive stuff. And I totally agree to plan the trip ahead of time, great idea to categorise by neighbourhood.

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