5 Tips for Affordable Travel

5 Tips for Affordable Travel

I’m in the midst of an eight-week travel extravaganza. While it hasn’t exactly been easy on my wallet, it also hasn’t been devastating for my finances. Here are some of the things I’ve done in the last year (and will probably do moving forward) to ensure that affordable travel remains a staple in my life:

1. Create a Travel Fund

I began setting aside money automatically each month in a travel fund a little more than a year ago. This fund is designed to help me save up money for travel. You can set up your own fund as well. I use a taxable investment account, but I know people who are more comfortable with a traditional savings account. When you are in a constant state of saving up for travel, it becomes more affordable for you.

2. Look for Deals

Naturally, one of the best ways to enjoy affordable travel is to look for deals. I’ve found two-for-one deals and other discounts. Whether you use daily deal sites, look for promo codes, or book vacation packages, there are plenty of ways for you to save money on your travels when you look for good deals. This also includes being alert for airfare deals and other deals. This works especially well with a travel fund. If you have a pool of money to draw on, you are more likely to be able to take advantage when there’s an amazing airfare deal to another country.

Some attractions have different costs for different days. Additionally, there are programs like Bank of America’s museum deal where you can go to select museums for free once a month. Check to see if you can get a family package or some other deal, based on the day you go.

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