• About
  • Travel Tips
    • Accommodations
    • Budgeting & Money
    • Adventure Travel
    • Food & Drink
    • Gear & Gadgets
    • Packing Tips
    • Travel Blogging
    • Travel Insurance
    • Trip Planning
    • UNESCO Sites
  • Destinations
    • Africa
      • Botswana
      • Egypt
      • Ethiopia
      • Morocco
      • Rwanda
      • South Africa
      • Tanzania
    • Asia
      • Cambodia
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Laos
      • Malaysia
      • Nepal
      • Philippines
      • Thailand
      • United Arab Emirates
      • Vietnam
    • Europe
      • England
      • France
      • Germany
      • Greece
      • Iceland
      • Ireland
      • Italy
      • Portugal
      • Spain
      • Switzerland
      • Turkey
    • North America
      • Canada
      • Costa Rica
      • Cuba
      • Guatemala
      • Mexico
      • Nicaragua
      • Panama
      • United States
    • Oceania
      • Australia
      • French Polynesia
      • New Zealand
    • South America
      • Argentina
      • Bolivia
      • Brazil
      • Chile
      • Colombia
      • Ecuador
      • Peru
  • Advertise
menu icon
go to homepage
  • About
  • Travel Tips
    • Accommodations
    • Budgeting & Money
    • Adventure Travel
    • Food & Drink
    • Gear & Gadgets
    • Packing Tips
    • Travel Blogging
    • Travel Insurance
    • Trip Planning
    • UNESCO Sites
  • Destinations
    • Africa
      • Botswana
      • Egypt
      • Ethiopia
      • Morocco
      • Rwanda
      • South Africa
      • Tanzania
    • Asia
      • Cambodia
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Laos
      • Malaysia
      • Nepal
      • Philippines
      • Thailand
      • United Arab Emirates
      • Vietnam
    • Europe
      • England
      • France
      • Germany
      • Greece
      • Iceland
      • Ireland
      • Italy
      • Portugal
      • Spain
      • Switzerland
      • Turkey
    • North America
      • Canada
      • Costa Rica
      • Cuba
      • Guatemala
      • Mexico
      • Nicaragua
      • Panama
      • United States
    • Oceania
      • Australia
      • French Polynesia
      • New Zealand
    • South America
      • Argentina
      • Bolivia
      • Brazil
      • Chile
      • Colombia
      • Ecuador
      • Peru
  • Advertise
search icon
Homepage link
  • About
  • Travel Tips
    • Accommodations
    • Budgeting & Money
    • Adventure Travel
    • Food & Drink
    • Gear & Gadgets
    • Packing Tips
    • Travel Blogging
    • Travel Insurance
    • Trip Planning
    • UNESCO Sites
  • Destinations
    • Africa
      • Botswana
      • Egypt
      • Ethiopia
      • Morocco
      • Rwanda
      • South Africa
      • Tanzania
    • Asia
      • Cambodia
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Laos
      • Malaysia
      • Nepal
      • Philippines
      • Thailand
      • United Arab Emirates
      • Vietnam
    • Europe
      • England
      • France
      • Germany
      • Greece
      • Iceland
      • Ireland
      • Italy
      • Portugal
      • Spain
      • Switzerland
      • Turkey
    • North America
      • Canada
      • Costa Rica
      • Cuba
      • Guatemala
      • Mexico
      • Nicaragua
      • Panama
      • United States
    • Oceania
      • Australia
      • French Polynesia
      • New Zealand
    • South America
      • Argentina
      • Bolivia
      • Brazil
      • Chile
      • Colombia
      • Ecuador
      • Peru
  • Advertise
×
Home » Budgeting & Finances

Savvy Savings Tips for Your Next Vacation

Modified: Apr 8, 2025 · Published: Feb 20, 2023 by Alex Chapman |

Everyone needs a break now and then. The sooner you plan your vacation, the more likely you are to have a great experience.

You'll have the time to save enough money to give yourself the trip you deserve. Planning and budgeting are essential to having a stress-free and affordable holiday. 

Rice fields, Bali (photo: Jamie Fenn)
Rice fields, Bali (photo: Jamie Fenn)

Table of Contents

  • Savings Tips
    • Set a Budget
    • Deals and Discounts
    • Low-Cost Accommodation
    • Fly Smart
    • The More People, the Cheaper
    • Shorter Vacations
    • Fun for Free
    • Flexibility
  • Final Thoughts

Savings Tips

Set a Budget

Setting a budget is the most important step. Determine how much money you'll ideally need. As well as how much money you can comfortably save in the allotted time before the trip.

Ensure that your budget includes expenses before you arrive at the destination, such as airfare, ground transportation, and accommodation. Then, budget for your expenses, such as shopping, food, and entertainment. This blog post has a few ideas on how to save quickly towards your goal.

Deals and Discounts

Using deals and discounts can be a great way to fund luxury vacations at more affordable prices. You can also use this method to pick your destination based on what's within your budget. Try to find discount codes for your next holiday by TUI.

So, do some digging for deals before booking your vacation. Depending on what's included, all-inclusive packages can often be more affordable in the long run. You can find flight, accommodation, and activities deals on various websites. 

Train travel in Goa, India (photo: JK)
Train travel in Goa, India (photo: JK)

Low-Cost Accommodation

Luxury hotels are amazing places to stay. They're beautiful, and everything is handled for you. But they usually cost an arm and a leg-and sometimes a kidney!

You can save money by booking something much cheaper. Consider alternatives like couchsurfing, self-catering accommodation, and Airbnb. Hostels are also a good choice. They typically have single and family rooms that are still quite affordable.

Fly Smart

Flights can account for most of your holiday budget, depending on where you're flying and how many flights you need to catch. Do more digging and use price comparison sites to get the best flight deals and prices. 

Also, do your best to avoid any extra in-flight costs. This means ensuring your luggage falls within the free amount allowed, whether for carry-on, checked, or a combination of both.

Avoid paying exorbitant fees for business class (and even premium economy, at times). Don't pick your preferred seat if you have to pay a fee. Here are a few more tips on getting the best flight prices.

If possible, consider alternate methods of transportation. Taking a train or a bus can be cheaper than booking a flight.

You should also consider driving where you can. With one of these transport modes, you can also make the journey part of the vacation.

Paron Lake, Peru (photo: Willian Justen de Vasconcellos)
Paron Lake, Peru (photo: Willian Justen de Vasconcellos)

The More People, the Cheaper

To cut costs, consider going on vacation with a few friends or family members. You can find great group deals and discounts for accommodation and activities.

If you can't find group deals, you'll still have some people with whom you can split expenses. Pick people you'll enjoy spending a few days with.

Shorter Vacations

If you're looking at holiday packages, avoid the ones for longer than a week. The longer your holiday is, the more you'll have to pay. Going somewhere for a few days rather than seven will be more affordable.

Fun for Free

Research the area you're visiting and the surroundings before you book anything. Try to find free or affordable things to do, and consider planning your trips around those events. Taking advantage of free events can help you reduce your spending on entertainment.

Flexibility

Being flexible with your dates can help you score cheap, last-minute deals on your dream vacation. This is especially true if you're open to traveling during the off-season, when prices will likely be more reasonable. 

Being flexible when planning a holiday is a must. Working within budget requires creativity and flexibility to get the best results.

The best flights might have long layovers, late at night, or early in the morning. What's in your price range might be somewhere closer to home.

Final Thoughts

The key to having a great vacation is doing a lot of work before you can have fun. Dedicate some time to research, deal hunting, planning, and budgeting. Also, ensure that you book everything in advance-flights, accommodation, and any events you want to see.

_______

This story is brought to you in partnership with TUI.

Related Stories

  • Nusa Dua Beach, Bali (photo: Jarrad Horne).
    From Backpacker to Expat: Managing Money, Visas, and US Tax Obligations While Abroad
  • A pair of backpacks rest on a train platform (photo: Ian Taylor).
    How To See More Countries on One Trip Without Blowing Your Budget
  • Various currencies (photo: Jason Leung).
    16 Creative Ways To Extend Your Travel Budget
  • Travel inspiration (photo: Annie Spratt).
    How To Save Money for Any Vacation You Want
  • Share
  • Email

About Alex Chapman

Dave at Ahu Ko Te Riku on Rapa Nui (Easter Island), Chile.

Hi, I'm Dave

Editor in Chief

I've been writing about adventure travel on Go Backpacking since 2007. I've visited 68 countries.

Read more about Dave.

Footer

back to top

About

  • About
  • Archive
  • Privacy Policy
  • Cookie Policy

Follow Us

Contact

  • Contact
  • Work With Us
  • Submissions

Copyright © 2025 Go Backpacking