International travel can seem like a luxury affair, but that doesn’t have to be the case. If you’re a budget traveler determined to see the world without breaking the bank, you’re in luck. Here are nine of my easy, money-saving tips for traveling overseas.
1. Avoid foreign conversion fees. Sneaky foreign conversion fees can put a dent in a travel budget, adding an additional 1 to 3 percent to every transaction made with a debit or credit card overseas. Before traveling, research if your bank charges a fee for international debit or credit card use. If so, consider applying for a card like the Capital One Visa or any of the other cards that are free of transaction fees.
2. Document your expenses. It’s easy to get swept up in the romance of travel and end up paying 50 euros for a hand-pressed bottle of olive oil or 100 euros for a carafe of local wine, but expensive impulse buys can quickly add up. Instead, create a budget for yourself before departure. Try to decide in advance approximately how much you’d like to spend on food, tours, and even those unexpected items. Then document your daily spend as you travel. This simple strategy will allow you see how much you’re spending, and help curb excess purchases along the way.
3. Shop off the beaten path. Traveling on a budget doesn’t mean you have to forgo souvenirs. Rather than picking up trinkets at the entrance of well-known attractions like the Great Wall of China or the Coliseum, shop at local street markets instead. Not only will you purchase more authentic gifts, but you’ll have fun putting your bartering skills to the test.