How to Save Money While Traveling: 5 Excellent Tips

Key Takeaways



Free budgeting app that budgets for you


A financial plan for your saving, spending and income.


An establishment which provides inexpensive food and lodging for travelers.


Traveling can be exciting and fun, but it's also expensive. If you're looking to save money on your next trip, you'll need to get creative. Fortunately, there are plenty of ways to travel cheaply without sacrificing the experience. From finding free attractions and cooking your own meals in hostels to buying local produce at farmers' markets and taking advantage of public transportation, to using the Mooch app to budget for your trip way ahead of time, these five tips will help you lower your costs while still having a blast.

Stay in a hostel

A hostel is a great way to meet other travelers and make friends. You'll also save money by sharing the cost of the room with others, which can be as little as $20 per night in some places. Most hostels have shared bathrooms and kitchens where you can cook your own meals if you don't want to eat out all the time!

Hostels are found in big cities and small towns alike; there's no need for them to be located next door to tourist attractions--they're often located in less desirable areas where locals live as well as tourists who don't mind walking or taking public transportation into town every day (or even once a week).

Take advantage of free attractions

  • Take advantage of free attractions in major cities. Many major cities have plenty to offer that's completely free, or very cheap. For example, the MET in New York City has an amazing collection of art and artifacts with no admission fee at all on certain days. All the Smithsonian museums and galleries in Washington, D.C. are free. If you're visiting London and want to see Buckingham Palace or Westminster Abbey (both must-sees), they are also free!
  • Explore small towns near where you live or are visiting for some less touristy things to do. Small towns tend to be less expensive than big cities anyway but they also offer some great activities that can be done for little money--and often times even for free! You might find museums with permanent exhibits about local history or culture; parks with hiking trails; festivals celebrating local arts & crafts; farmers markets selling fresh produce from nearby farms...the list goes on!
  • Visit the local library so you can borrow books instead of buying them new from Amazon/Barnes & Noble etc., which will save both time AND money! Libraries also sometimes offer classes like yoga classes so check out what's available near your travel destinations today!

Cook your own food

Cooking your own food is the best way to save money while traveling. You can cook for yourself in hostels, guesthouses and apartments. Many hotels provide kitchens that guests can use at no extra charge; if not, there are usually shops nearby where you can purchase basic ingredients such as bread and cheese.

If you prefer to eat out rather than cook, look for local restaurants instead of touristy ones--they'll be cheaper! Or just make yourself some sandwiches using bread from a bakery (you'll find these everywhere) or peanut butter from the grocery store (they have those too).

Buy local at markets

If you're looking to save money while traveling, look no further than the local markets. You can find everything from fresh produce and meats to baked goods, ready-to-eat meals and even drinks. You'll get a better deal here than in restaurants or supermarkets--and it's not just about the cost! Markets are also good places for learning about local cultures and trying new things (like exotic fruits). If nothing else, supporting small businesses will help keep support the community you're visiting in the long run.

Use public transportation

Public transportation is a great way to save money while traveling. You can travel to different places for free, meet interesting people, and see the city from a different perspective.

If you are going to be in one spot for a few days or more and don't mind getting around on foot, then walking is always an option! This will give you time to explore your surroundings and get exercise at the same time!

You can travel on a budget and still have a great time

You don't have to spend a lot of money to have a good time, but you do need to be smart about it. You'll want to save money in some areas while spending more on others that are important to you or that will make your trip more enjoyable. For example, if you like going out dancing every night and drinking shots with strangers at the bar then by all means do so! But if not then consider staying in hostels or even camping instead of expensive hotels every night of your trip. The point is that there are many ways for travelers who want their experiences abroad but don't necessarily want them at any cost (or at least not as much). We highly recommend using the Mooch app to budget for your trip at least six months ahead of time so the financial burden is spread across multiple paychecks. Plus you earn a cash bonus when you hit your savings goals so what's not to love about making free money!


We hope these tips will help you save money while traveling. There are many ways to travel on a budget, but it's important not to let that stop you from going at all. You can still have an amazing time if you're willing to make some sacrifices--and maybe even learn something along the way!

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