Between the rising cost of living and the decline of the Aussie dollar, it can be hard to save up the money to treat yourself to a well-deserved vacation. However, after 2 long years of being stuck inside due to COVID-19 travel restrictions, many Aussies are making it a priority to travel overseas this upcoming Summer season. Thankfully, travel doesn’t have to blow your budget or require you to take a second mortgage out of your home. If you’re planning for the ultimate Summer vacation without breaking the bank, you’ve come to the perfect place.
Today, we share 6 money saving tips for anyone planning the ultimate Summer getaway, so read on to find out more!
Find Ways To Fly For Less
Whether you’re planning to travel interstate or internationally this upcoming Summer holiday season, flying for less is easily the best way to save yourself hundreds of dollars. The most important thing to note is that the cost of a flight can vary a lot, depending on when and how you purchase it. Generally, the earlier you book your ticket, the lower the cost. According to financial planners in Melbourne, flights tend to be the most inexpensive when you book between four months and three weeks before your departure date. Don’t forget – the more flexible you are with your travel dates, the better your chances of snagging a good deal.
Another great tip which may save you a significant amount is to always refer to flight comparison websites to get a good deal. However, if you do choose to book through one of these websites, always read the fine print. Their change or cancellation policies might not be as flexible as you need and could end up costing you more than you save.
Get Affordable Travel Insurance
Travel insurance is an absolute must for anyone who is looking to mitigate potential costs associated with accidents, injury or illness overseas. The last thing you want is to end up in a sticky situation that costs you thousands of dollars when you’re on holiday, which is why getting your hands on affordable travel insurance is always encouraged. Before you choose an insurer and a product, consider what type of policy suits your needs and choose the right coverage for your individual circumstances. Although it may seem counterintuitive, avoid choosing a policy that looks cheapest on the surface. Make sure it covers what you need or it could end up costing you more in the long run.
Top Tip: At the very least, you should purchase insurance that covers emergency and general medical assistance, loss of checked-in baggage, trip delays and cancellations.
Consider Low Cost Accommodations
Accommodation can be considered one of your most significant travelling expenses, especially if you are planning a long trip away. Thankfully, in 2022, low cost accommodations are plentiful, and there are dozens of options to choose from. Often, you can save money by booking a place to stay on Airbnb – particularly if you negotiate on the cost. Rather than booking instantly, contact the host first and see if the price is flexible. If you’re on a seriously tight budget, couch surfing can save you a lot of money, and is a fantastic way to make friends with locals.
Remember – the accommodation you book should compliment the kind of travel you are planning. For example, if you are only sleeping at the accommodation and spending most of your days exploring, consider booking the cheapest (yet comfortable) place you can find. This way, you won’t be wasting money on facilities and services that you don’t even plan on using in the first place!
Eat Like A Local
Another great way to save a ton on your upcoming Summer getaway is to embrace eating like a local. When the hunger hits, skip the hotel restaurant or overpriced tourist traps and opt for a nearby café or local eatery. If you do your research prior to embarking on your journey, you can find little gems where the locals eat. Alternatively, ask friends or get advice from hotel staff or your Airbnb host on the best spots to grab an affordable meal. To really immerse yourself in a destination, we highly recommend enjoying the local delicacies on offer out on the streets. Not only will you save money, but you’ll also be guaranteed a more authentic experience.
Alternatively, if you are on a super tight budget, rent a house or apartment and prepare some meals yourself. Sourcing ingredients from the local markets will save you a ton on food costs and can also be a lot of fun!
Use Coupons When Booking
One of the best parts of travelling is getting to explore local sights, sounds and attractions. Unfortunately, the cost of tickets and entry fees can quickly add up if you’re not careful, which is why we always recommend using coupons when booking. Look for vouchers, coupons and book-in-advance deals for theme parks and other attractions that will help to keep costs low. You can often find fantastic deals on sightseeing tours, restaurants and even hotel rooms on websites such as GroupOn.
If you are travelling to a city, we highly recommend getting your hands on a sightseeing or tourist pass that allows you to experience an extensive range of the region’s most popular sites and attractions at a discounted rate.
Find Free Things To Do When You Travel
No matter your travel destination this Summer, it is possible to find things to do for free. For example, exploring local museums, walking tours, picnics at a local park or free local live music are all great, cost-free options that are guaranteed to keep you entertained. To get the ball rolling, we share a few of our favourite cost-free attractions in some of the world’s most popular travel destinations in 2022:
- The British Museum, London
- Brooklyn Bridge, New York City
- Live Music At The Esplanade, Singapore
- Nyaman Gallery, Bali
- Free Walking Tour, Sydney
So, the next time you plan a vacation, be sure to look out for free activities and attractions that you can enjoy. It’s a great way to beat inflation or rising costs, and enjoy activities that cost nothing.
We know how costly vacations can be, especially with extra expenses such as accommodation, eating out and excursions all loaded on top. Thankfully, saving for a holiday isn’t complicated thanks to the 6 money-saving tips in today’s article.
Do you plan on jet setting around the world this upcoming Summer season? Be sure to share some of your money saving tips in the comments section below!