Basic Tips for Traveling 2: Money and Packing
I hope you were able to learn something from my last post of travel tips! This post will go over a couple more things I think are crucial to getting the most out of any trip you plan: Money and packing, which are tied closer together than you may think.
There’s a famous phase that my friend reminded me about on facebook: “Bring half of what you think you’ll need, and twice as much money.” This is so true! I used to be a chronic over-packer. I’d pack “outfits” so that each day I’d have a unique look. Now I try to pack [fewer] clothes that all mix and match well with each other. My other epiphany is that most of the time, if you forget something, the place you’re headed to will sell what you need. This takes a lot of pressure off!
Money and Savings
As far as paying for the trip itself, like I’ve shared in the past I am a chronic planner. For me planning the trip is a huge part of the experience. So much so that I’m constantly looking up fares on Kayak and Airbnb just to see what the going rates for things are.
So to budget for a trip I do it just like any other big purchase: I get the total and work backwards. For a longer international trip let’s use a rounded-out figure of $2,000 for one person (something like a $900 flight, $100 per night hotel, plus money for attractions and food). I think of when I’d like to visit that place, count how many months away it is, then divide. If there’s no possible way I could put that much away per month, then the trip gets pushed back so the monthly savings amount is lower. Even if I don’t have something coming up I still try to prioritize putting a certain amount away each month.
Socking money away each month:
My “present self” has thanked my “past self” on many occasions.
If this sounds like poor planning because I’m saving for my trip as it approaches: well, you might have a point, but I also have a strategy. I book things in installments if I’m confident the price of that aspect is going to stay stable. Remember, for an international trip I start booking things a pretty generous six months out. So after a few months of saving, I have enough to book the flight, so I do. Then a couple months later I have enough to lock down my hotel or Airbnb, so I do. Doing this in waves (instead of all at once) gives me more time to daydream about what I want from the trip, research neighborhoods, and learn what good lodging prices are. Then for the remaining months before the trip I put aside money for food, sightseeing and shopping.
As far as spending money for each day, it really depends on your lifestyle. Something we did on our last trip that worked out well was just dealing in cash. When pulling out cash (overseas), you only have to pay the bank ATM fee once (sometimes it’s a percentage of money withdrawn plus a foreign transaction fee) and you end up with what basically works as your budget to go on. Of course if something unexpected happens you’re able to get more out of the ATM, but dealing with cash in hand and avoiding being hit with bank fees twice has a way of being pretty persuasive on where you want your money to go.
As an example, here is how we dealt in cash on pour last trip. When we arrived in Heathrow, the ATM would only let us take out 300 pounds. So, that was our budget for the three days in London: £100 per day (for two people, so £50/day for one). London is so expensive!! We put a couple pricier items on our credit card (the spendy Arsenal stadium tour, an expensive keepsake from Liberty, for example—and do use credit instead of debit when swiping; fewer fees). Other than those things, £300 carried us through, with 60 pence to spare. We did the same in Paris and Madrid. 6 days, 600 Euros. Paris was more expensive than Madrid so it was probably more like €125/day in Paris and €75/day in Madrid. (Remember, this was for two people).
I try to avoid cash exchange windows and just deal with the ATM. If the ATM claims to be “fee free,” even better. They often have these in airports just before you get out of Customs. I don’t know if they really are “fee free,” but it is better to at least try avoiding fees of up to $8. Regardless, make sure you are using a reputable ATM at a major bank (not a convenience store). Before you travel, you can look up the terms of your credit or bank card and see if they have any particular foreign partner bank. If not, at least you’ll know what your foreign transaction fees will be and can plan your number of withdrawals accordingly. Also, take a moment to add a travel note on your account so it doesn’t get frozen (when the bank sees international spending they try to protect your money by shutting it down). This is super important!
Make your money go farther by:
- Scoping out if any of your must-see sites have free days or free evenings and plan around that.
- Alternate between sit-down restaurants and street food (which is usually delicious, more “typical,” and cheap!)
- Buy or bring snacks to keep on hand and you can probably get by on two meals a day, if you really want to scrimp.
Packing, especially when planning a trip with a significant other or a relative, can get heated. One person always wants to bring something the other person thinks is totally unnecessary. You’ll want to check with your airline(s) in regards to what kind of bags incur charges and which are free, and plan accordingly. I’m making great strides in being more minimal. When laying out clothes to bring, make sure everything mixes and matches together. It all depends on where you’re headed, but consider wearing things twice, or doing light layers. You can pack with dryer sheets in your suitcase if you are worried about—ahem—scents, but my bet is that nobody will notice if you re-wear an outfit. If you still want to cram more in, roll your clothes to create more room. I don’t know how this voodoo works, but it does.
Here’s something important, though: If you are checking a bag, make sure that your carry on bag contains what you’d like to have if you are stranded without your luggage, say, overnight. Put some comfy clothes and a toothbrush, at the bare minimum, alongside your device chargers and light airplane reading. My friend Laura recommended, “as someone who has been stuck in an airport more than once overnight without access to luggage… I would suggest always having on you when flying: 1 change of clothes (with undies), an extra pair of socks and sweater (airports and planes are cold), a toothbrush and toothpaste, a few snacks, and cash (one time I was stuck in an airport because there was a power outage and the only way to buy things was with cash).” Remember! If your flight is grounded you could be spending unexpected hours in the airport.
As for that other random thing you are on the fence about bringing along? You probably don’t need it or won’t have time to use it. If it doesn’t jump to your mind as essential, it probably isn’t.
This post originally appeared on My Friend Staci.