My husband and I love traveling, but when we travel we do everything we can to keep our costs low. That way we can travel even more!
Whether you are traveling away from home for business or for pleasure, it is just as important to stay on top of your budget and control reckless spending. While there are some necessary expenses you don’t have to contend with at home, there are some very unnecessary expenses that you should avoid.
Avoid These 7 Wasteful Spending Traps 1 of 8
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Limit Dining Out 2 of 8
While it is understandable that you would have to eat some of your meals in a restaurant, you can find ways to avoid eating all 3 meals out on the town. Do some research on local grocery stores where you can purchase light breakfast and lunch items and healthy items for snacking to keep in your hotel refrigerator. Avoid convenience stores unless they are your only option due to their higher prices.
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Curb Your Bar Tab 3 of 8
If you eat in restaurants for your 3 meals a day, you can easily blow your dining budget when you neglect to pay attention to your bar tab. Alcohol can be costly (especially in restaurants) so make sure to keep tabs on your tab. Many establishments don't even price their drink selection so you may keep ordering without any idea of how much you are spending.
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Don’t Forget Things at Home 4 of 8
If you don't plan adequately for your time away from home, it's going to cost you. Having to shop for forgotten items can take a chunk out of your traveling funds. Make sure you have all of the essentials by pre-planning your packing with a check list of what you need for daily living, for work, and for vacation like headache medicine, cell phone chargers, and suitable clothing.
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Don’t Overpack 5 of 8
When you travel, it can be easy to overpack. But bringing too much stuff with you is also going to cost you. Airlines will charge a fee for your bags and for overweight bags. If you are driving to your destination, increased weight loads can waste fuel.
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Pay Attention to Airline Guidelines 6 of 8
There are a lot of things those traveling by air need to know before heading to the airport, especially if they are not experienced travelers. If you fill your bags with items not allowed to be carried on the flight, you will lose them including personal hygiene products, drinks, and other restricted items. Research your airline's rules and regulations several days prior to your flight so you don't have to buy things twice.
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Don’t Neglect Travel Discounts 7 of 8
If you are eligible for any travel discounts through your credit card or membership to organizations like AAA, don't forget to check them out in relation to your trip. You could get a lot of money-saving discounts on rental cars, lodging, flights, and dining so make sure to plan your trip ahead of time to be sure you can utilize your discounts.
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Not Saving Business Receipts 8 of 8
If you travel for work and costs are reimbursable to you, make sure you have a folder and a method for keeping and organizing relevant receipts and information. Many employers and the IRS will not consider reimbursements without proper documentation of the expense.
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