How to travel for cheap | 10 travel tips to save | Fidelity (2024)

Budget travelers share how they cut costs.

Fidelity Smart Money

How to travel for cheap | 10 travel tips to save | Fidelity (1)

Key takeaways

  • Despite high prices for airfare, hotels, and car rentals, it's possible to get away for under $500 a person.
  • You don't need to sacrifice fun or good food. You just need to be more creative about where you find it.

Who couldn't use a vacation? But with inflation driving up the cost of food, housing, and other essentials, it's hard to know how to travel for cheap. Luckily, a nice break doesn't have to bust your budget. We talked to 7 people who all skipped town for at least 4 days in 2022—for under $500 a person. Here are their travel tips for having a lot of fun for not a lot of money.

1. Make a swap for a free stay

Lauren Serpico didn't spend a dime on lodging on a 6-night trip to Denver. She belongs to TrustedHousesitters, a pet-sitting service. For a $199 annual membership fee, Serpico, 31, can stay at pet owners' homes for free in exchange for caring for their critters. Besides feeding a cat twice a day, "I had to change her litter box and give her some snuggles, but that's about it." Serpico even gets unlimited pet-sits for her co*ckapoo, Napoleon, when she's away from her hometown of San Diego.

Not into animals? Meg Knutson, 38, swaps her home instead through HomeExchange. For $220 a year, she and her family earn points for lending out their Crozet, Virginia, house that they can apply toward stays at nearly half a million other homes. She recently spent 4 days in a 4-bedroom house in Blowing Rock, North Carolina—for free. And it had everything her family of 4 was looking for, including a large kitchen and beautiful mountain view.

2. Head to the great outdoors

"We knew focusing on outdoor activities, like hiking, would be a great way to save money on travel," says Catherine Oliva, 34, a Houstonian who visited Sedona, Arizona, with her husband.

One of the highlights of Knutson's North Carolina trip was mountain biking, which cost them nothing because they brought their own bikes. And then there was the 5 a.m. lunar eclipse. "It was amazing," she says. "We had a perfect view of it from the house." On Joe Dello Russo's trip to the White Mountains, New Hampshire, the 25-year-old and his girlfriend climbed Mount Washington, the highest peak in the northeastern United States, paying only a $20 fee to park their car. They spent most of the rest of their time on another low-cost activity: fishing. Even their outdoor lodging didn't cost a thing. They found it on a national database of free camping spots.

3. Don't settle for high rental-car costs

Car rentals jumped in price by more than 51% between April 2019 and April 2023, a bigger spike than airfare and hotel rates.1 Still, you can borrow a set of wheels for a deal. After airfare, the rental car was the biggest expense of Michelle Jubinville's Orlando, Florida, vacation, and yet it was only $100 for 4 days. "We have access to corporate codes for car rentals through our jobs," says Jubinville, 35, of East Longmeadow, Massachusetts.

No perk, no problem. To keep their rental car costs down in pricey Sedona, Oliva rented through a peer-to-peer car-sharing company: $250 for 4 days. "We spent a lot less than we would have if we had rented from a large car-rental company," she says.

4. Use flight and gas trackers

Even budget airlines can seem out of budget these days. Jubinville relied on a free flight tracker to find the lowest fares possible. The winning ticket: $210 roundtrip between Massachusetts and Florida.

Dello Russo also knew how to travel for cheap and used a free tracker to find the best prices on gas to get him from Portland, Maine, to 2 hours away in New Hampshire, then to several hiking and fishing spots in the mountains, and back home. At a time when a gallon of gas neared record highs, Dello Russo spent about $150 getting around over 4 days.

5. Pack light

With many airlines charging $30 or more for your first checked bag, and some charging carry-on fees,2 Jubinville and her family of 4 "traveled light and didn't check any bags." One way to keep what you carry to a minimum: Consider ordering what you may use and finish while you're away (such as snacks and drinks) from a site that offers free shipping straight to where you're staying. If you'll be at a hotel, confirm they don't charge extra for receiving packages.

6. Consider hotels that offer more than just a room

"Hotels can be expensive in Sedona, so we intentionally chose one that included breakfast," Oliva says. The Jubinvilles always stay at the same hotel chain, and their high loyalty status scored them free breakfast at their hotel too. Other hotels may offer free shuttles to popular spots around town, so you can skip the rental car or ride-shares. And some may have plenty of fun on the property. Think: movie nights, live entertainment, and supervised kid activities, saving you from having to shell out extra elsewhere. For instance, the Jubinvilles could have dropped big bucks at a theme park, but instead had fun at the hotel pool for no additional charge.

7. Stay near the action

Serpico saved money by taking a train from the airport to a station in downtown Denver before she hailed a quick ride-share to where she was staying. "Ride-shares can run up travel costs pretty quickly, so I stay at homes that are either centrally located or are near public transportation," Serpico says. She spent $80 on ground transportation altogether.

While hotels and homes in prime locations tend to cost more than those far from the sites, what you'd spend on gas or ride-shares might cost more than the accommodations' upcharge. "Because our hotel was close to a lot of hiking trails, we didn't have to drive far each day," says Oliva, who spent $75 on gas for the entire 4-day Sedona trip.

8. Time your trip right

The month of the year, week of the month, and day of the week can make flight and hotel prices jump or drop. Learn how to travel for cheap in your destination before you book, and avoid peak periods if possible. Dani Heinrich, a 40-year-old New Yorker, strategically timed her El Salvador trip, traveling Tuesday to Friday. "The beach towns are popular with Salvadorans who come down to the coast from the capital on weekends, so it's definitely cheaper to visit on weekdays," she says. Staying at the ecolodge she chose cost just $40 a night—and included breakfast.

9. Eat outside of restaurants

Besides hotel breakfasts, Heinrich ate a lot of cheap (and delicious) street food instead of dining at restaurants. "Pupusas, a thick, hand-pressed corn tortilla typically filled with cheese and meat, beans, or seafood, only cost $1. A couple of them will fill you up," she says. Her total food expenses: $80.

To cut his food costs, Dello Russo bought about $70 worth of groceries and cooked meals at their campsite. Jenna Singer, 32, of San Francisco, grocery shopped for lunches and snacks during a Utah hiking vacation.

10. Opt for credit cards that offer travel rewards

If traveling for cheap is your priority, look into charging expenses (if you can pay them off right away) with a credit card with travel benefits. Singer racked up enough points to cover a round-trip flight between San Francisco and Las Vegas. She and her friend then stayed in a Las Vegas hotel for a free night—an annual perk from her hotel-chain rewards credit card. Likewise, the Jubinvilles paid for their hotel stay entirely with points, which they had accrued through their hotel-chain credit card.

How to travel for cheap | 10 travel tips to save | Fidelity (2024)

FAQs

How to travel for cheap | 10 travel tips to save | Fidelity? ›

Key takeaways. Despite high prices for airfare, hotels, and car rentals, it's possible to get away for under $500 a person. You don't need to sacrifice fun or good food. You just need to be more creative about where you find it.

Can you go on a trip with $500? ›

Key takeaways. Despite high prices for airfare, hotels, and car rentals, it's possible to get away for under $500 a person. You don't need to sacrifice fun or good food. You just need to be more creative about where you find it.

How to plan a trip for cheap? ›

How to Plan A Budget-Friendly Vacation
  1. Tip #1: Set Your Total Vacation Budget. ...
  2. Tip #2: Plan in Advance. ...
  3. Tip #3: Meal Plan To Avoid Dining Out For Every Meal. ...
  4. Tip #4: Embrace Flexibility. ...
  5. Tip #5: Look for Hidden Fees. ...
  6. Tip #6: Be Careful but Wise. ...
  7. Tip #7: Research Your Destinations. ...
  8. Tip #8: Pre-Plan Your Activities.

What is a reasonable travel budget? ›

2) The average domestic trip costs about $144 per day while international trips come to about $271 per day. The major expense associated with travel and vacations is transportation. About 44% of travel funds are spent on getting to, from, and around your vacation destination.

Can I get paid to travel? ›

Besides becoming a travel storyteller, here are a couple of examples of jobs that'll let you earn a living as you travel: Trip leader: Manage trips for a travel company, get to meet new people and experience new places, and get paid in the process. Best for extroverts and those who love to geek out on logistics!

How much money do you realistically need to travel? ›

How much cash do you need on vacation? You should have roughly $50 to $100 per person every day of your trip.

How much money should you have for a 5 day trip? ›

Deciding where to go and what to pack is stressful enough, let alone trying to determine how much money you need to bring. The general consensus is that you should have $50 to $100 in cash per day for each traveler. However, this amount could vary considerably depending on where you are vacationing.

What is the cheapest way of Travelling? ›

How to travel on a budget: Our 9 best tips
  • Come up with a plan. Travelling spontaneously is great, if you have the luxury of time and money to spare. ...
  • Travel out of season. ...
  • Be accommodation-savvy. ...
  • Pack properly. ...
  • Book flights in advance… ...
  • 6. … ...
  • Embrace public transport. ...
  • Don't eat away your cash.

Where is the cheapest place to go on a trip? ›

The 10 Cheapest Countries to Visit
  • Indonesia. Average daily cost: $60.
  • Thailand. Average daily cost: $81. ...
  • South Africa. Average daily cost: $89. ...
  • Costa Rica. Average daily cost: $119. ...
  • Mexico. Average daily cost: $128. ...
  • Dominican Republic. Average daily cost: $133. ...
  • Turkey. Average daily cost: $131. ...
  • Portugal. Average daily cost: $114. ...

How can I travel a lot with little money? ›

22 Ways to Travel More—Even On a Small Budget
  1. Take shorter trips more often.
  2. Take advantage of long weekends and holidays...
  3. 3. ... And shoulder seasons...
  4. 4. ... ...
  5. Go where—and when—the deals dictate.
  6. Prioritize inexpensive destinations.
  7. Work remotely when possible.
  8. Examine your prioritizes and eliminate expenses.
Sep 19, 2023

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

How much money should I have before travelling? ›

Daily costs: How much money do I need?
RegionApprox. daily spending amount
Western Europe$40-70£20-35
Eastern Europe$20-40£10-20
Indian Sub-Continent$10-30£5-15
North America$50-70£25-35
5 more rows

How much is a Hawaii trip? ›

There are loads of types of vacations in Hawaii and the cost will depend on what type of trip you're taking and for how long you'd like to stay. Here are the latest prices for a 3 night trip for 2 travelers: Top vacation $658; Family vacation $598; Romantic vacation $838; Luxury vacation $878; Budget vacation $412.

What company pays you to travel? ›

TopDeck Travel:

They offer a daily stipend or hourly wages, paid flights, and accommodation including meals, health insurance, etc. Thus, it is one of the most popular companies that pay you to travel.

Which companies travel the most? ›

Overall, companies that spend the most on corporate travel each year include IBM, Microsoft, Apple, Boeing, Lockheed Martin, and others. Common airlines used include Delta Airlines, United Airlines, and American Airlines. Common hotel chains used include Hyatt, Marriot, Hilton, and Starwood.

What is it called when you get paid for travel? ›

A travel allowance is compensation paid by an employer to employees to cover expenses incurred when traveling for business. In addition to lodging and transportation, travel allowances are typically used for airfare, meals, and other expenses related to business travel.

How much money can I legally travel with? ›

The short answer is “there is no limit to how much cash you can bring to the airport for a domestic or intentional flight. However, you must declare on the FinCEN105 form that you are bringing more than $10,000 on an international flight (which includes all money being carried by anyone in your family or group).

What is a good amount of money to take on a trip? ›

As a rough estimation, budget $50-100 per person for each day that you will be away. This should cover your accommodation, food, drink and transportation costs. Of course, this number can vary according to the destination and your style of traveling.

How much is too much money to travel with? ›

Given the risks involved, and the reporting requirements when traveling internationally, it's better not to travel with over $10,000 or anywhere near it. It's much safer to just bring along a good travel credit card and use that for your travel spending.

How can I travel with a large amount of money? ›

Yes, there are no laws restricting the amount of cash you can travel with as long as you declare any amount over $10,000 when leaving or entering the United States. Domestically, you do not have to declare money. The $10,000 limit applies to all monetary instruments including cash, checks, money orders, stocks, etc.

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