When you’re in college or university, discovering the world is an integral part of your education. You’re not encumbered by the pressures of a career or, in most cases, a family. If you plan well, you can travel extensively without ever breaking your budget.
Simply follow these tips to save some money on your overseas jaunt…
1. Investigate consolidator tickets for airfare
Offered mostly through travel agents, a consolidator ticket is simply an airline ticket offered at a significant discount. In order to justify the price cut, these do come with a few restrictions. Your fare may be non-refundable, you may not qualify for frequent flyer credits, and you may not be able to choose your seat. If you can make it work, though, this is an excellent way to save money on airfare.
For more on getting airfare deals, see An expert’s guide on how to find cheap flights
2. Target your research
If you research discounts specifically targeted at students, of which there are many, you can save a bundle. Use HostelBookers for the best prices on lodging, and explore the website StudentUniverse for deals on air travel. Just be sure you’ve thoroughly investigated all standard travel searches to ensure you’re not missing any good deals that may apply to non-students.
3. Research free sight-seeing
You may be surprised by the number of museums, historical sights and other attractions that offer free visitation on certain days of the week. For example, the Louvre in Paris offers free admission on the first Sunday of each month, and the British Museum in London is free all the time. You can also visit Lenin’s Tomb in Moscow at no cost as well. European cities are so jam-packed with things to see, there’s little reason to seek out the sights that charge money.
4. Use the right credit card
Choosing the right credit card can help reduce expenses on your next round-the-world-trip. The Chase Sapphire Preferred card, for example, charges no foreign transaction fees, is accepted worldwide, and has an attractive rewards program to boot. Make $500 in purchases within the first three months and you automatically qualify for $100 worth of travel rewards credits.
Note: this card is only available to US residents. See more info on picking the best credit card for travel: 7 Ways to Save Money Using Credit Cards Instead of Cash for Travel
5. Consider creative lodging options
When it comes to saving on international travel, one of the best ways to cut costs is to spend your lodging money effectively. Look into low-cost hotels and hostels, and also check out volunteering options like WWOOFing. You’ll certainly save yourself significant cash, and low-cost lodging often has perks like free Wi-Fi, city tours and breakfast – plus, a friendly, social atmosphere.
6. Work while you travel
Have you ever considered finding a part-time job to offset your travel expenses? If you’re travelling during a tourist-heavy season, lots of restaurants and bars are going to be looking for part-time help. Look for local ads or inquire directly at businesses to find opportunities. As long as you’re willing to bus tables or work as a server, you can pick up a good wad of cash by working just a few hours here and there.
Keeping costs down as much as possible when traveling internationally is critical as a college student. The average graduate enters the “real world” with roughly $25,000 in student loan debt, and you may face a double-digit unemployment rate as well. So, travel on the cheap and see the world. That way, you can come back with great memories and even some money in your pocket.
What are your thoughts on traveling the world on a budget?
Let us know in the comments!
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