How to Save Money When Traveling

Hi everyone! It’s Michael Gortenburg here. 

As an avid traveler myself, I know that traveling is one of the most gratifying experiences one can have. You get to see new places, meet new people and learn new things. However, I’m also aware it can be a pretty expensive undertaking. Here are some ways you can save money on your next trip. 

Plan Early 

Hotel and airline prices are cheaper the further out you go from your travel date, so make sure to book them as soon as you know when you’ll be traveling. This will especially come in handy if you’re planning on traveling close to the holidays, as you’ll be able to beat the inevitable rush of people scrambling for last-minute tickets. 

Never Forget Your Points and Miles 

You might have plenty of points saved up to cover your airfare completely. Before you empty your wallet on hotel or airline tickets, check to see what points you might have waiting in your back pocket. 

Check Discount Travel Sites 

When booking experiences or reservations for the location you’re traveling to, do a quick search on Groupon to see if there’s a discount you could utilize. Tours may have group discounts available or some restaurants in the area may even be running a deal while you’re visiting. These websites will be helpful to find all sorts of savings. 

Set a Budget 

Setting a strict budget for traveling is a great way to hold yourself accountable. I know the urge to buy souvenirs while you’re out traveling is a strong one, but having a budget to curb it can be very helpful. It’ll also help you cut out anything extra you might not actually want. 

Car Rentals 

Renting a car when you’re traveling can be an expensive undertaking, but relying on Ubers or public transportation might not be the best option either. Payment for Ubers can stack up and depending on where you’re visiting, public transit might not be reliable. I recommend checking out cheaper options for car rentals like Costco, Autoslash, or Turo to find a better deal. 

Traveling always takes a decent amount of planning, but especially so when you’re trying to save money. There’s plenty of options for people trying to save money on trips. Just make sure you give yourself enough time to plan and you’ll have a perfect (and budget-friendly) travel plan ready in no time. 

If you want to see more of my traveling tips and tricks, check out my blog here

Michael Gortenburg, Founding Principal of Eighteen Capital Group (18CG) in Kansas City, Missouri. 

Also follow Michael on Medium, Twitter, and Xing.

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