How to Save Money for Travel as a Student

Many of us would grab the opportunity to travel across the globe to see the most significant part of the planet. However, traveling is not easy. One of the biggest challenges of traveling is the expense associated with it. This problem is even more significant for students still studying but curious to travel. Thankfully, even though traveling as a student is challenging, it is not an impossible task. If you are still studying but want to travel, here are a few ways that you can use to save money for taking a trip that you desire.

1. Get A Part-Time Job

Getting a part-time job is a sure-shot way of making money which you can save exclusively for your traveling plans. Many companies offer students a part-time job with a reasonable salary. Also, instead of a part-time job, one can try for paid internships, which brings money. In addition to the salary, there are many other perks associated with an internship and part-time job, which can help uplevel the student’s resume too.

2. Plan Off-Season Travel

It is always a good idea to go for off-season travel when one is running on a limited budget. The biggest benefit of off-season traveling is that it helps one to book their tickets and accommodation at a much lower price. If you book your travel tickets in advance, use PNR Status to stay updated with your travel information. Another benefit of traveling during the off-season is that the destinations are less crowded; therefore, one can thoroughly savor a place’s beauty.

3. Research About The Destination

Simply deciding on a travel destination is not enough. It is equally enough to research the destination well. A thorough research will help you understand the budget you will need to travel, stay there, and other expenses. Furthermore, it can help one look for cheaper options without compromising the experience much.

4. Use Your Student ID

One of the enormous benefits that a student has is their student ID. It is much easier to receive financial aid through a student ID, and one should use it. Whenever buying something, check whether they provide any student discounts you can benefit from.

5. Eat Homemade Food

One of the most manageable ways to save money for a travel trip is by eating homemade food instead of eating out. In the current world, food has become expensive irrespective of whether one dines out or inside with the help of a delivery app. Eating homemade food can save a lot of money. An additional benefit associated with it is that it keeps one healthy too.

6. Stop Leaking Cash

Many times we spend money without even realizing which results in leaking cash. You can prevent leaking cash by writing down all the expenses. Jotting down the expenses helps one to become more mindful of their spending habits which is crucial to saving money.

7. Go For A Hostel Or Homestay

When traveling on a budget, leaving the hotels is a good idea. Those are expensive places to stay and also do not provide the full opportunity to explore the local culture. Instead of hotels, try to book a hostel or homestay, which are much cheaper than hotels. If you are reluctant about your stay in a hostel or homestay, you can also go through the reviews online to gain some confidence.

8. Use Public Transport

When traveling inside the country, it is wise to utilize the available public transportation system. One can opt for walking or cycling to cover small distances and a bus or a train when covering long distances. However, if one needs a taxi, it is recommended to utilize their ride-sharing services if available.

9. Save Your Money In A Student Friendly Bank

When saving your money, consider opting for a student-friendly bank. Such banks charge nothing or less amount when one withdraws money from it. Also, many student-friendly banks offer students free counseling sessions through their financial advisors, which helps them save money smartly.

10. Plan In Advance

When planning a trip, plan in advance. Such planning will help you to make the necessary bookings in advance, which again will help you with tons of money. Last-minute tickets and accommodation stays are always expensive. However, remember to check the refund policy to stay safer when booking in advance.

Other strategies that you can use to save money include switching to auto-saving, downgrading to the basics, selling unused products and starting a side hustle.

Picture Courtesy: Google/images are subject to copyright