Five Real-Live Hacks to Save Money While Traveling

In a perfect world, anyone who has been bitten by the wanderlust bug would be blessed with a limitless bank account.

Unfortunately, this is rarely the case. A tight budget can hamper any experience that would otherwise create lifelong memories. The good news is that there are still plenty of ways to reduce your expenditures by thinking outside the box.

We will take a brief look at five lesser-known suggestions that can provide a much-needed sense of financial breathing room. 

1. Leveraging the Border-Free Benefits of Cryptocurrencies

Cryptocurrencies represent much more than investment opportunities alone.

Were you aware that all-in-one digital payment ecosystems such as Mountain Wolf now enable users to employ these very same transfer options while abroad? However, this is only the beginning.
This provider has created an exclusive opportunity known as the Mountain Wolf Travel Club.

Not only is it possible to book flights and hotels with the click of a button, but members can enjoy savings of up to 40 per cent; not a bad way to start any holiday.

Here are some additional perks:

• An intuitive and user-friendly platform.

• The ability to pay with both FIAT and cryptocurrencies.

• Payments recognised by more than 180 airlines and 20 million international hotels.

The notion of “smart travelling” has never been more relevant. 

2. Last-Minute Bargains

Many travel-related articles stress the importance of confirming a hotel reservation well in advance of your departure date.

While this is perfectly true, we should never forget that last-minute bookings can likewise save an incredible amount of money.

Many comparison websites offer the option of being alerted to such opportunities; precluding the need to constantly monitor price points. It therefore pays to be slightly flexible with your arrival and departure dates. 

3. The Surprising Benefits of a VPN

Were you aware that using a VPN when making travel arrangements is actually a potent way to save money?

This arises from a strategy that many holiday-related business employ known as “dynamic pricing“.

Dynamic pricing employs automated algorithms that may increase the cost of certain services based off of parameters such as:

• Your location

• The departure date

• Website traffic 

• Your device (such as an expensive smartphone)

VPNs (virtual private networks) can essentially level the proverbial playing field; enabling you to encounter numerous wallet-friendly offers in no time at all. 

4. Consider the Time of the Year

The tourism and hospitality sectors are governed by supply and demand. In other words, prices will increase when demand is high, and decrease when demand slows.

This is why it is often prudent to plan a holiday during times of the year associated with a drop-off in tourism.

As a general rule of thumb, early autumn and early spring are generally associated with more amenable price points. 

5. Live the Local Lifestyle

This final suggestion is arguably the most practical. Many individuals are immediately attracted to high-end establishments when visiting a foreign location.

This can often come at a price in terms of paying for specific goods and services. It is instead better to avoid common tourist hotspots.

For instance, choose to dine at a local restaurant as opposed to only considering Michelin-starred eateries.

Opt for boutique retail shops over high-end retail stores. Carefully research public transportation options, as large taxi companies have been known to charge higher rates for tourists. 

All About Preparation

Of course, we should all still plan a budget with pragmatism in mind.

Avoid spending past your comfortable limits, and make sure to adhere to these thresholds at all times.

It might likewise be a good idea to consider travel insurance; especially if you intend to visit an entirely unfamiliar location.
We can now see that a bit of innovation goes a long way when referring to budget-savvy travel tips.

The main point here is that preparation is the key to enjoying all that this wonderful world has to offer. After all, we can never place a price tag on our memories! 

• About the Author
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Tim Kroeger( International Tourism Management Expert )

Tim Kroeger, founder of Universal Traveller, leverages extensive experience in luxury travel and tourism to offer firsthand insights into emerging hospitality trends.

Expertises: International Tourism Management, Tourism in Costa Rica, International tourism advertising, Adventure travel, Luxury Adventure Travel