Everyone loves to travel but not everyone can afford the luxury of time or the monetary costs of journeying through “unchartered” lands. With increasing competition in the travel industry, travel has become more affordable. With a few hours of desktop research, a few calls, and some good old budgeting, one can get ready for that next trip to Dubai.
Setting a Budget
The first step to planning travel costs is to ascertain the budget. The size of a travel budget will be determined mainly by how well an individual is able to save. Saving early for a trip makes all the difference, allowing for more flexibility when deciding on essential and non-essential travel costs.
Renting an apartment long-term can turn out to be much cheaper than renting an apartment on a weekly basis. Renting an apartment long-term also means more time can be spent on holiday. For this long-term apartment rental option, you can also study the value of timeshare rentals.
Apart from just sticking with apartments, this can open you up to more choices of
Also, an apartment does not have costly restaurants, unlike a hotel. With an apartment, one can focus more on cooking their own meals, saving a ton of cash in the process while enjoying the locally sourced homemade delicacies.
If renting an apartment isn’t for you, a hostel may prove to be another cost-effective option. Hostels may not provide as much privacy as apartments do but they provide the opportunity to meet other travelers who may be open to sharing some costs.
Less is More
Less is more. Traveling light usually leads to a better and cheaper travel experience. By only packing items that are necessary for a trip, money can be saved on potential fees of overweight luggage. Heavier bags can cost more in terms of laundry and storage.
Souvenirs have a way of unexpectedly creeping into the bags of travelers. While it is always tempting to take a piece of Rome, travel experiences usually hold much more value than the $10 dollar wooden cup that grows mold within a few weeks of purchase.
Location, Location, Location
Checking the location of the airport in your travel destination helps in choosing the most cost-effective accommodation and tourist attractions to visit. Choosing an airport that is far from tourist attractions and accommodation is likely to lead to higher travel costs as well as other indirect costs.
Buying currency at the airport may prove to be more costly than ordering currency beforehand. Using your local bureau de change will save a lot more money.
There are always great entertainment deals online which offer discounts on tourist attractions. A quick Google search of local tour guides and event managers can reveal great deals. Some hotels and hostels may also have special discount rates on tourist attractions which are exclusive for their guests.
While traveling by air is considered to be safer than traveling by road such as using the Amarillo TX party bus rentals, a lot of money can be saved by traveling by bus or train for some parts of the journey. Traveling by train or bus may mean that it takes a longer time to get to the travel destination. This may have indirect cost implications which will need to be accounted for.
Calvin Ebun-Amu is passionate about finance and technology. While studying his bachelor’s degree, he found himself using his spare time to research and write about finance. Calvin is particularly fascinated by economics and risk management. When he’s not writing, he’s reading a book or article on risk and uncertainty by his favourite non-fiction author, Nassim Nicholas Taleb. Calvin has a bachelors degree in law and a post-graduate diploma in business.