15 Apr Expert’s Tips on How to Handle Your Travel Expenses
For those having a hard time handling their travel expenses, this article is for you. We have compiled reliable tips and guidelines on how you can make budgeting less of a hassle. All tips may apply, whether you are traveling for a business trip or for leisure.
Avoid hotel hopping – the moment you see a reasonably priced hotel that meets your basic needs, do stick with them. It will even be best if you are only choosing the same hotel where you can stay during your travels. Remember that these accommodations give more perks to return customers. Plus, they are more likely to offer complimentary services like airport pickup or free breakfast to companies who regularly send their employees to their hotel for business trips.
Avoid popular airlines – popular airlines are usually more expensive. Instead of burning extra cash, opt flying with any of those airlines that offer reasonable deals as well as frequent flyer miles. If traveling for business, you also want to use the company credit card as they sometimes offer frequent flyer miles discounts.
Do some research – you’ll be surprised at how much money you can save by simply spending ample amount of time doing research. It will let you compare prices on which hotels offer reasonable price and quality service. You will also see which hotels are located near your target destination or near your company’s branch office. This way you can save more money in terms of commute.
Set expectations – this is important, especially for business trips. Make sure both the company and the traveling employer has the same understanding of what is acceptable and what is not acceptable. Avoid misunderstandings by discussing questions and previously encountered travel concerns beforehand. To make everything simpler and more transparent, ask the employee to submit expenses in a timely manner. You may use online applications to make submission convenient.
Set specific budget for food and drink – we usually spend a huge percentage of our budget on food. When you’re in a foreign country, it’s more tempting to indulge on food as this is one of the ways to get to know their culture. To avoid going beyond your budget, you might want to set and follow a budget for food and drink.
Choose the road less traveled – other factors that take toll on our budget when traveling are car rentals, hotels, and air travels. Most budget travelers choose the lesser known companies that offer these services as they usually charge cheaper. Just make sure that their quality of service is also good by checking online reviews and forums. Research on pricing to see which hotels and car rental companies offer cheaper rates but delivers the same level of workmanship.
Ask for recommendations – if you cannot find reliable reviews online, then maybe one of your friends or relatives can offer you insights on your next trip. Personal recommendations are more trustworthy than online suggestions from random people. You can just post a question on your Facebook page on who has already been to your target destination to start getting reliable suggestions.
Flexible options – in case your schedule is flexible, consider booking a flight during more affordable or less popular travel dates. Flying on Tuesdays, Wednesdays, or Saturdays is less expensive than during weekends. Traveling off season also guarantees you of getting cheaper deals. This also means that you have to deal with less tourists when you visit popular travel destinations. Just make sure you check the weather condition at your destination to avoid flight cancellation.
Learn how to cook – restaurants are tempting but we all know how much expensive they are getting nowadays. Save money by booking a hostel that has a kitchenette so you can just whip up a simple meal for dinner while planning your adventure for the next day.
Outdoor vendors – try those small food stands that sell sandwiches and hotdogs. Meals at food stands cost less and even let you mingle with the locals. In Asia, there are also food stalls that offer delicious street food and authentic dishes. When in an Asian country like Thailand, your trip will not be complete without trying their popular street food.
Before you start packing, be sure to write down all these tips to ensure that you will not go beyond your budget. If you have more tips about managing travel expenses, share them with us in the comments.