The new year is upon us and while our friends may be talking about how they’re going to recover from the holiday period, drink less, or quit smoking the seasoned travel bug takes to their map with a set of push pins, marking down dream places to visit in the coming year. Travel is the best hobby in the world! It exposes us to new places, people, and cultures, it broadens our horizons and sends us back home a little wiser and more rounded as a person. There’s no doubt that we return from our travels richer from our sojourn in terms of perspective and experience but in terms of our bank balance… not so much. International travel is an extremely edifying pursuit, but it’s never been cheap.
That said, cost needn’t prohibit your travel ambitions this year. It’s a big old world out there, after all, and none of us has all the time in the world to see it. Thus, you don’t have to travel less to spend less in 2018, thanks to these money-saving tips…
Save if you can, but if you borrow, borrow smart!
If you’re thinking about how to pay for your travels this year, your thoughts may turn to porcelain piggy banks and glass jars, but there are smarter ways to save. While high street banks may not have the best interest rates (APYs average out at a measly 0.06% on most high street savings accounts) you can get far better rates if you shop around online. If you’d rather borrow than save, there’s nothing necessarily wrong with this if you box clever with interest rates. Even if your credit rate is less than stellar there are personal loans poor credit balances to be found out there. Nonetheless, if you can take advantage of an interest-free credit card so much the better.
Be flexible in your plans
You may have a specific window within which you can fly out due to work or personal commitments, or you may have a set destination that you absolutely will not budge on visiting. That’s okay so long as you’re able to be flexible with either time or destination but failing to budge on both will preclude you from the best bargains.
Set off midweek
Everybody wants to set off on their vacation over the weekend, but this is rarely a time when the best deals are found. Sometimes setting off on a Wednesday or a Thursday can save you a fortune. Not only will it save you money, you’re more likely to be able to get time off work midweek.
Try out “hidden city ticketing”
Hidden city ticketing can save you a fortune for a minimum of effort and hassle. Flight prices are actually based on market demand rather than distance traveled so sometimes booking a longer route with a stopover may actually be cheaper than flying direct. One caveat with this is that you will likely have to buy two single tickets rather than a round trip as airlines will prohibit you from flying back if you don’t fly for your whole journey.