It is a given that a good amount of money is needed during any kind of trip abroad, whether for business or pleasure. Many travelers, however, fail to realize that unexpected expenses often take up most of the budget when traveling, which is why it is always a good idea to know how to save money during your trip.
This is a list of the top five tips that people should remember when trying to save money while traveling.
1. Try the local cuisine
In many instances, a homesick traveler will settle for the next best thing to settle their craving for home: look for cuisine they were used to back home, which is already foreign cuisine in the country they are in. This is just a sad waste because the entire purpose of the trip is to experience new things, not look for familiar things you can easily find back home. Try out the local cuisine, as these may be just as good, if not better, than the food back home. It is worth remembering that not all of the food being enjoyed back home is of local origin, and many are just derived from foreign settlers.
2. Reign in the wild behavior
The best way to get in trouble early on is to party like there is no tomorrow and throw all inhibitions into the air. This holds true both locally and abroad, and sometimes even more so abroad. While many entertainment spots abroad encourage tourists to "party like they never have before", losing all sense of right and wrong is almost a sure way to the wrong side of the law. Penalties and fines in other countries can be quite exorbitant, and it is not uncommon for some local law enforcement to take advantage of clueless tourists who don't know how much these fines really should be.
Enjoying the local entertainment is one thing, but getting completely inebriated and losing control is quite another. Those who end up getting incarcerated are actually much better off, because they can at least be sure they won't end up face down in some street completely robbed of their belonging while drunk.
Another thing to consider is that alcohol is often among the most expensive expenditures when in another country, which is why it is a good idea to take it slow with the drink.
3. Detach from the "tourist path"
In many countries, there are already established "tourist traps" which give tourists the most mundane tours or even the worst experience in that country while draining the tourist of their currency. This is the case in many countries, since tourists are often the easiest people to deceive out of their money.
This is why it is important to consider not taking the usual route and try to get around without the assistance of these "tourist guides". Many countries actually use English as a second language, meaning most of the natives speak it and have signs all around that are in English. A good idea would be to try to tag along with backpackers, since these travelers are often the most seasoned and are already wise to these "tourist trap". More often than not, these backpackers have been in that country more than once, meaning they know their way around.
4. Look for the best travel insurance deals
In many cases, travel insurance companies throw in quite a few premium bonuses to their travel insurance deals . Be sure to check which deal works best for you, and which ones offer the best rates. Remember that your trip will also entail quite a bit of expense itself, so it doesn't make sense to get a deal that will drain all your budget.
5. Know the exchange rate
Not knowing the correct exchange rate is another sure way to lose a good amount of money while on a trip abroad. While there might be many money changers in the country being visited, many of these might have their own exchange rate and may not follow the generally accepted international standards.
It is also a good idea to see if the money changer happens to be in a neighborhood that does not appear to be populated with suspicious-looking people. It is not uncommon for many tourists to make the mistake of ignoring these signs and end up getting robbed in the area.