...
Save money on vacation abroad save money on travel spend little money

8 tips to save money on vacation

At Vacation save moneybut how? Actually quite simple with the right approach! Every franc you save will help you build up a fortune later on. How you can save money on vacation and which products help you, you will learn now.

Here are 8 tips and trickshow you can save money on vacation.

Table of contents

1. save switching fees

Compare the exchange rates in advance. What fees are due at the bank and what is the usual exchange rate in the respective country?

ATMs abroad often have a flat fee (e.g. 5 USD) for a withdrawal for foreigners. Depending on the amount of your withdrawal, this may be cheaper than a percentage fee (e.g. 1.5%) at an ATM.

Example: For a 200 USD withdrawal, 5 USD would be equivalent to a 2.5% fee. With 500 USD it would be only 1.0% fees. So larger withdrawals pay off with flat fees.

In addition, there are often fees in the form of increased exchange ratesbut more on that in a moment.

If you are a customer of Neon Bank, you may also have the Neon Metal Visa Card. It not only helps you save on exchange fees on vacation, but even offers you a Insurance coverage!

Some advantages are free cash withdrawals worldwide, cell phone insurance and ticket protection. Interested? All details about the Neon bank account and the Neon card with all its benefits you will find in the Neon Bank Account Review.

vacation saving on vacation saving tips vacation and abroad cheap travel tips how muchd money for vacation

2. exchange rates Clever use

You don't have a Neon card and no other way to access free cash withdrawals abroad? Then it is now: Minimize costs and save money on vacation.

Plan how much money you want to change and compare the exchange rates. If possible, do not change currency directly at the airport or train stations. The exchange rates in ATMs there are very often deteriorated, so it is worth obtaining at cheaper points of contact.

Look out for Exchange offices in city centers and side streets. They often offer better exchange rates. If you are stuck, ask a local for a tip!

Financial Insider 2024

Your key to success! Discover our top recommendations from real testimonials.

3. use credit card without foreign fees

If you have a credit card, check the price list of your provider for Foreign fees. Often there is a limit, for example CHF 1,000 per month.

In part, there are also subscriptions that your Upgrade credit card and any Remove charges. So ask yourself the question: Is it worth spending CHF 10 to save on international fees?

4. cab or Uber or public transport?

Plan the Use of the means of transport for your transfer in advance. Airports and train stations are usually well connected to the public transport network. Compare the prices, plan your route and do without the cab now and then and thus save money on vacation.
Also a Uber usually saves a lot of money compared to a cab. Thanks to the free WiFi at many airports, you can order one even without mobile data.

If you are traveling for several months, this point becomes even more important. Here are therefore Tips for longer trips and world travel.

5. caution in tourist areas

Tourist areas are not only overcrowded. They are Basically more expensive than spots that are not well visited. Internalize this knowledge and think about how you can keep your expenses low.

You can do this, for example, by taking enough water from the supermarket or having a hearty breakfast before the trip.
Guidebooks like Lonely Planet also often show you good tips to create an authentic and at the same time value for money experience of the place.

6. self-catering instead of daily expensive restaurants.

Self-catering is the best way to save money abroad. Book a Self catering accommodation. It's worth it especially if you want to stay for several days and are not passing through.

With self-catering you can save money on vacation and are also flexible. You can decide when and what you want to eat. You can get the ingredients cheaply in the supermarket or on the local weekly market. So you even promote the local Agriculture.

Our financial tips 2024

"Intelligent people learn from the mistakes of others".

We have compiled our top selection for you from all our tests and experience reports:

7. save money on vacation through planning

If you are looking for cheap travel tips, think about your planning. Good planning can mean big savings on your vacation. Plan your tours in advance. Also, what sights you want to see and the best way to get there.

Set one Vacation budget and try to stick to it. Also set aside money for shopping, souvenirs, and a small emergency budget to the side. You can fall back on it if there are unforeseen expenses (My most common reason: more purchases than planned).

8. spend money where it brings you joy

During the vacations, we are often tempted to over-consume. There are offers everywhere, we don't want to miss anything and we also want to treat ourselves to something again.
Here are some tips on how you can more joy with your money have:

  • Treat yourself to the luxury that gives you the most pleasure. Good food is important to you, but not the hotel? Then afford good restaurants and do without the expensive hotel.
  • Learn to negotiate purposefully. Unlike Switzerland, in many countries the displayed prices are not the actual prices. Keep this in mind especially when you tell the market vendor that you are from Zurich.
  • Take advantage of urban tourist offers and offers from locals. Often you can get a cheap city tour and explore many secret spots that are not crowded by people. Usually the prices are cheaper at these spots and you don't support the big tourist office, but local individuals.

What are your best money saving tips abroad? To travel without What money saving tips do you think would not be good?

Feel free to share them with me in the comments!

2 responses

  1. Take an empty 1.5l PET bottle in your hand luggage. Fill it with water in the toilet at the Swiss airport after the security check.
    Once you arrive at your destination, you do not have to buy expensive refreshments until you reach your destination.

Leave a Reply

Your email address will not be published. Required fields are marked *