Who is up for travel? Travel is an amazing part of life. The chance to take in new places, meeting new people, experiencing other cultures, and to see how other part of the world lives is one of the greatest blessings one should ever had!
As more and more people venture into travelling, our recent Covid-19 pandemic continues to rage, and crashing news can alter travel plans unexpectedly. Perhaps you are already prepared for your next holiday, but it is also wise to protect yourself from financial losses that you may incur due to unexpected issues both before you travel, and during your trip.
In this article, we will share seven ultimate tips for saving money while travelling, and insurance recommendation. This is to ensure you can make the most of your budget, and look around the world without overspending.
1. Choosing travel dates!
The key in not to overspend is choosing the time to travel. The chosen dates may have a big impact on the prices you pay for air tickets, accommodations, and the activities during your stay. Avoiding peak travel times whenever possible can make you save a lot. Weekends, and holidays are common times for travel, which means charges are typically excessive too during these periods!
Another tip is to book everything in advance if possible. Booking flights, and accommodations in advance allow you to find better deals too! Flights, and hotels also generally offer discounts for early bookings, as well as fewer crowds at popular destinations. This can save you a substantial amount of money.
2. Copies of important documents
Please prepare copies of important documents, especially if you travel abroad. You never know when you might require a copy of identification such as your passport, driver’s license or anything related to another form of identification. Have them scanned to save online, and print out several hard copies. This will aid in getting you home fast if there was a lost on your end.
3. Have a feast like a local!
To truly experience like a local, one must try to eat like a local. Eating like a local is one way of experiencing the culture of a new place, and also help you in saving money while travelling. You can find amazing, traditional, and delicious food at affordable prices by avoiding tourist traps, and seeking out local eateries. The food will be authentic with cheaper prices, and their prices are more reasonable than at restaurants in tourist spots.
Don’t be scared to try street food too! They are kinda mouth-watering dishes, and affordable food you’ll find as you immerse yourself in the local culture, and also communicate with the people around you.
4. Travelling helps you to unwind, disconnect, and recharge
Running away from a busy, crowded region is not a crime as choosing a calm, quiet destination allows you to unwind, disconnect, and recharge from that bustling life. It lets you improve your communication skills by learning new languages from the countries you visit. This will give you a break every once in a while, from hustling in order to recharge. Recharging will help you to understand yourself more, and give better perspectives in handling a situation. You can definitely avoid depression, burnout, anxiety and whole host of other problems or misfortunes. This will eventually pay off in your future plans and career.
5. Use public transportation to travel like a local
Utilising public transportation can be an eco-friendly option, and a much more affordable option. You are not only saving money on transportation costs, but also experiencing the local culture, and get to have a deeper look at the city or place from a different perspective! Looking ahead of the public transportation ahead of time especially on the local bus maps, trains, schedules, and fare information can save you money as most cities or new places offer day tickets or travel passes; if you plan on using public transportation frequently.
6. Use multi-currency debit card
Travelling abroad can be an exciting, eye-opening experience. And it is so easy to get caught up in the thrill of adventure. Another tip is to have multi-currency debit card!
Multi-currency debit card allows cardholders to make buying in multiple currencies. This provides a one-piece, and accessible way to manage funds while travelling abroad or shopping online. Hence, this will eliminate the need to carry too much cards or exchange currency cash. Multi-currency debit cards such as Wise, Merchantrade or even Touch and Go (upon request by users) are some illustrations of the cards accessible to all.
With the use of these multi-currency debit cards, you can spend abroad with the real exchange rate, no markups, and no sneaky transaction fees! You can always have those currencies converted to any currency of convenience with almost negligent fees as there are financial institutions that cater to that.
7. Don’t forget your travel insurance
A crucial investment for any traveller looking to save money is by having a good travel insurance. The perks of having travel insurance can help you to save money in the long run despite it seems like an additional expense. For example, a good travel insurance can get you covered by absorbing the costs of your trip or provide refunds with unexpected cancellation, a medical emergency or unpredictable lost luggage. Having this can make your travel hassle free from paying expensive medical bills or losing money on non-refundable reservations.
It is best to get peace of mind by having best travel medical insurance no matter where you go as there are charges such as ambulance service, doctor bills, hospital room charges, medicine, examinations, and operating room charges.
On a Final Note
A little mindfulness goes a long way. Travelling can be such an exciting experience for all but it is best to be prepared come what may. Travel insurance guards travellers, and dependents on domestic or international trips. It is a nominal cost to pay if it is keeping an individual or family from facing a hefty financial cost. Have fun travelling!
So, are you ready for a free consultation with our Life Planner? Kindly click on Contact Us if you would like to know more about how can you be covered as an applicant or spouse of an applicant or even children of an applicant to get your travels covered.
