How to Holiday on a Budget

Holidays are often our favourite part of the summer holidays, marking a well-deserved break and opportunity to relax. These excursions tend to come with a hefty price tag – the average cost of a holiday abroad in 2023 was £894, an increase from last year! This might present an obstacle to some holidaymakers, however, you’ll be relieved that it’s entirely possible to jet off on a getaway that doesn’t break the bank. There are so many exciting, cheap holidays that don’t compromise on quality and adventure. You just need to know where to look! Here are some money-saving tips for holidaying on a budget.

Planning and Research

While you might have heard things about a great getaway from social media and your friends, don’t be sucked in by the pictures. Aesthetics are, of course, important but it’s financially savvier to compare prices, look for deals and browse budget-friendly destinations. Only when you’ve found the most cost-effective package should you commit to booking flights. Doing your due diligence will help you keep prices down and ensure you can pay off your holiday before you leave.

Accommodation on a Budget

While 5-star hotels sound grand, they aren’t always feasible or necessary on our travels. Other alternatives such as hostels, budget hotels and holiday rentals offer you all the basic amenities and comforts for just a fraction of the price. You also could meet like-minded travellers in the communal areas and bars. If you have enough time to arrange it, consider house-swapping or staying with friends or family. These present some of the cheapest options since you’re unlikely to need to pay any fees towards lodging. The former also gives you the peace of mind of knowing that your home is safeguarded from would-be holiday criminals.

Saving on Transport

One of the biggest expenses on holiday is transportation. It’s one of those unavoidable ones that you might be limited on, depending on your travel party size but there are ways to keep costs down. Instead of getting taxis and private cars everywhere, make use of local trains, trams and buses. Hiring bikes is a new craze that is taking many cities in Europe by storm. With the right gear on, this is a safe and climate-friendly method of transport that is likely to only cost you a few pennies.

Eating and Entertainment on a Budget

All-inclusive holidays might be more convenient, but they aren’t necessarily more cost-effective. Do your research and pre-book restaurants that have decently priced menus and dishes. Find free or low-cost attractions that are nearby to your location that are easy to get to. Avoid the tourist traps with inflated entry fees.