{"id":34771,"date":"2010-07-15T04:00:30","date_gmt":"2010-07-15T11:00:30","guid":{"rendered":"http:\/\/getrichslowly.org\/blog\/?p=34771"},"modified":"2023-09-22T16:08:10","modified_gmt":"2023-09-22T22:08:10","slug":"how-to-save-money-while-traveling","status":"publish","type":"post","link":"https:\/\/www.getrichslowly.org\/how-to-save-money-while-traveling\/","title":{"rendered":"How to Save Money While Traveling"},"content":{"rendered":"
When I was packing for my trip to Argentina<\/a>, a friend advised me, \u201cPut everything you’re taking on the bed. Now put back half the clothes, and take twice the money.\u201d<\/p>\n <\/a>Good advice. I tried to follow it and still<\/i> ended up bringing more clothes than I could possibly need. I didn’t bring much money, though, because one of my goals for this trip is to keep saving even while I’m traveling.<\/p>\n Saving for<\/i> travel is relatively simple: You set up a targeted savings account<\/a> and put a little money aside each week or each month. Setting a schedule and sticking to it is the key to saving for anything. Travel is no exception.<\/p>\n Saving while<\/i> traveling is a bit more complicated. Even the most carefully-planned vacation is plagued with unexpected expenses. Over at I Will Teach You to Be Rich<\/a>, Ramit Sethi suggests budgeting 20% more than you think a trip will cost to pay for sundry expenses along the way.<\/p>\n That’s a lot of dough. Where does it all go?<\/p>\n There’s no doing away with all these expenses, but there are plenty of things you can do to keep your overall costs low. Here are some easy ways to save while traveling:<\/p>\n Of course for some people part of the joy of travel is being able to let go the reins of frugality and spend freely. If you’ve saved diligently and have that 20% cushion Ramit Sethi<\/a> suggests, there’s no reason not to.<\/p>\n But if you enjoy frugality, there’s also no reason to leave your frugal habits at home. Careful spending while traveling only reinforces wise fiscal habits at home, and if you come home with part of your travel fund untouched, you’re that much closer to the being ready to book your next trip.<\/p>\n J.D.’s note<\/b><\/i>Oof. I have a lot to say about this one. Maybe I ought to leave my thoughts in the comments, but I’m going to be bold and append them to Sierra’s post.<\/p>\n I’ve become a huge<\/i> fan of the packing list. As I begin to travel more and more, it’s very useful to have a fixed list that indicates the things I need to take with me. This keeps me from panicking with last-minute worry that I’ve forgotten something, but it also helps me keep costs down because I have a sort of mini-inventory of travel stuff I need. (I used my last Breathe Right nasal strip in Denver last weekend, so I bought more today because I had a coupon.) I have two packing-list apps for my iPhone, have bookmarked several packing-list sites, and even have a packing-list book on hold at my library!<\/p>\n The packing list also helps me to pack light, which is another way it saves me money. When I pack light, I know what I have and where I have it. Plus, I don’t have to check a bag. (My goal \u2014 even for our upcoming month-long trip to Europe \u2014 is to travel with a single carry-on bag.) In extreme cases, I’ve known people who have packed so much Stuff they’ve actually had to ship some of it home. From Europe. Now that’s expensive!<\/p>\n Finally, on long trips, I keep a daily log of what I’m spending. I know my overall trip budget (and what that works out to per day), so my daily tracking lets me know when I need to pinch pennies and when I can cut loose a little. And in my case, I use a specific credit card that waves overseas transaction charges while also giving me 1% cash back.<\/p>\n Sorry for hijacking Sierra’s post. I’ll go to the gym for deadlifts and burpees now…<\/p>\n[Wait! One last tip! If you’re traveling in the U.S., order an Entertainment book for the city you’re traveling to. When Kris and I do this, we recover the cost very quickly.]\n<\/div>\n <\/p>\n Photo by Rick<\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":" When I was packing for my trip to Argentina<\/a>, a friend advised me, \u201cPut everything you’re taking on the bed. Now put back half the clothes, and take twice the money.\u201d<\/p>\n\n
\n
\n
\n
\n
\n
\n
\n
\n