With all of the costs of getting to wherever you are going, wouldnt it be nice to actually learn how to save money when youre there? Besides hunting for the best tickets and times to travel, you also need to learn about how to make the most of every dollar/rupee/yen/euro/etc. when youre actually there.
1. Learn the exchange rate This seems like common sense, but knowing the exchange rate will allow you to tell when youre paying too much or at least more than you want to be spending.
2. Make a budget By just setting yourself a limit on what you can spend each day, youll start to subconsciously limit yourself.
3. Make it a game If youre traveling with someone, try to make it a game to see who can spend the least amount of money. Youll be surprised at what you can do.
4. Walk Instead of paying for transportation and taxis, why not get a little exercise and save money at the same time? Or, you can always walk part of the way and pay for the rest at a much lesser fee than you would have with the whole route.
5. Eat where the locals eat Think about it. When youre at home, you have certain places that you eat because theyre good and theyre cheap. So do people in other countries.
6. Take some risks Head into the smaller stores that you find but arent all that crowded. You will find beautiful things at lower prices because theyre not catering to the tourists that are going to be there.
7. Talk to locals When youre interested in something, talk to the locals about where you might be able to find it. You will learn things that you wouldnt get out of your guidebook as well as where these activities are cheaper.
8. Dont drink your money away Try to limit your alcohol wherever you can or save it for a few special days. Its easy to spend too much.
9. Choose one thing And then spend a lot of money on that. If youre heading to Italy, for example, you might want to save your money up for a day of shopping, but be thrifty the rest of the time.
10. You only live once When all else fails, just spend a little more than you thought that you would. You arent going to be there everyday, so why not make the most of it when you are?
Matt Reider is the manager of http://www.CanuckAbroad.com, a site for finding cheap flights, talking with other budget travelers and finding out everything you need to know before going abroad.
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Tuesday, February 10, 2009
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