4 things I never spend money on when I travel - The Lifestyle Files (2024)

4 things I never spend money on when I travel - The Lifestyle Files (1)

When it comes tohow we spend our money, it’s usually a matter of limits and prioritizing. On one hand, we are usually bound by our respective financial situations, but on the other, we often still have a lot of choices to make.

Ever since I was old enough to make and save money, I always prioritized traveling. However, I do set limits within that as well and make choices and priorities on what is worth (for me) spending money on.

It‘s all a matter of personal choices. Some people like using travel agencies and are willing to spend money for someone else taking over the organizing part. Others have favorite hotels or prefer traveling extra comfortably. It’s not really a question of good or bad choices. But nevertheless, I feel we should make conscious choices in these cases as well and maybe come up with a financial priority list beforehand in order to avoid horrific surprises and huge regrets when every single cost is added up at the end of a trip.

4 things I never spend money on when I travel

Business class and flight extras

I’ve flown business class before, and I’m not gonna lie, it IS great. Especially on long-haul flights, that upgrade in comfort, space, and extras make the whole thing a lot more bearable. But anytime I flown business, it was actually for a business trip and thus not paid by me. To be honest at my current financial situation I just cannot justify spending that much more on having these extras. Especially as nowadays the longest time I spend on an airplane is 2-3 hours, and for that I’m not willing to pay double the price.

Very fancy and too expensive hotels

The same reasoning as with business class. I always set a budget and a threshold of how much I’m willing to spend on a hotel. No extremes for me – I don’t go for overly cheap, but I’m not paying too much either. Especially, because we really only use it for sleeping; I’m not the type of person who lounges around the hotel on vacations. Sure, if my financials will vastly improve, I’m not opposed to very nice hotels, but right now I prioritize other things. While I’m not the biggest travel hacker, I can usually still score very good deals even on Booking.com (definitely register for the genius deals and make a lot of research).

Taxi or Uber

I think there’s no better way to explore a city than on foot. But even when we have to cover longer distances, I always opt for public transportation in a foreign city. You can save a lot of money that way, and often, especially in big metropolises, like New York or London, it’s a lot faster as well.

City cards

City cards or passes are seemingly a very good deal. Usually, a lot of the major tourist attractions are included, along with fast-track entries and sometimes public transportation and you only have to pay one time for the card. However, the deals are often only good at first sight. Major attractions or museums are often not included or you only get a small discount and you still have to wait in line. A lot of venues are included however, because they are less popular and this way they are hoping to attract more people.

To be honest, I think there’s practically no way to get the maximum value out of the card. It doesn’t mean it’s completely useless, but I always evaluate them case-by-case. Yes, I’m the type of person who makes a rough plan (OK, a quite detailed plan) of what I want to visit in a new place. I write down all the opening hours, entry fees, transportation costs, and then make a calculation and a comparison of whether a city pass is worth it. Sometimes yes, you can save some money, sometimes it’s really not worth it.

5 things that I spend on instead

Direct flights

Another old and trusty way to save money on traveling: sometimes you can score tickets with 1 or 2-stop flights for a fraction of the price of a direct flight. Once again, it all comes down to prioritizing. I hate airports, am terrified of flying, so extending that experience is simply not worth it for me. I’d much rather spend a little bit more money, but gain valuable vacation time, instead of spending that on an airplane.

Checked-in luggage

You can score a lot of great budget flight tickets, but you must be aware that it usually comes with very limited luggage options, often only a handbag. I pack quite smartly and travel quite light, but I do like to set aside space for potential purchases and I don’t like having to decant my contact lens cleanser to meet the bottle rules. We usually also pack together with my fiancé, and one bigger checked-in luggage is way more comfortable (especially for me, as I can strut around the airport fashionably with a small tote, while he deals with the bigger luggage:)).

A hotel with a central location

While I don’t like spending on fancy hotels, I do spend on hotels with a more central location. When I was younger the way I saved money when traveling was finding the cheapest accomodations, often well outside the city center. Nowadays I prioritize saving time, and not having to spend hours after an exhausting day traveling through the whole city or switching transportation 3 times is definitely worth the extra cost for me.

Eating out

For me trying the local cuisine is just as much a part of exploring a foreign place as visiting a museum. I just refuse to go for very cheap fast food options (especially as I don’t eat fast food), so if I see a nice place, I’m willing to spend on that for the experience.

Programs and experiences

If I travel somewhere, I always start out with the assumption that it might be the only time I ever visit it. So I try to make the most out of all my trips and that definitely includes spending money on experiences, like eating out, cultural visits, a boat trip, a musical or theater, or whatever fun and interesting things the city offers. Here are a couple of my recommendations on how to make the most of a trip.

What are your travel spending priorities? Is there something you never spend money on when you’re taveling?

budgeting finances intentional living lifestyle minimalism smart choices travel

4 things I never spend money on when I travel - The Lifestyle Files (2024)

FAQs

What three things would you never spend your money on? ›

Here are 7 things that smart people never spend their money on.
  • Late fees. Smart people absolutely refuse to throw their hard earned money away. ...
  • Paper products. ...
  • Brand new car. ...
  • Services they can do themselves. ...
  • Snack size convenience foods. ...
  • Full price clothing and accessories. ...
  • Unsatisfactory tax preparation.

What are three things you would spend money on as a tourist? ›

When people travel, they spend money on:
  • Staying: Like hotels or guest houses.
  • Eating: At restaurants or street food stalls.
  • Moving: Flights, buses, taxis, or rented cars.
  • Fun: Visiting places, watching shows, or going on tours.
  • Gifts: Buying things to remember the trip or for friends and family.
Mar 15, 2024

How do you not spend money on things you don't need? ›

How to Stop Spending Money
  1. Know what you're spending money on. ...
  2. Make your budget work for you. ...
  3. Shop with a goal in mind. ...
  4. Stop spending money at restaurants. ...
  5. Resist sales. ...
  6. Swear off debt. ...
  7. Delay gratification. ...
  8. Challenge yourself to reach your new goals.
May 31, 2024

How can you travel but not spend too much money? ›

Avoid tourist-heavy locations, as they tend to be overpriced. Instead, visit local shops and attractions. This can help you save money as well as see a different side of your destination. Bring your own food.

What is the biggest waste of money? ›

20 Things People Waste the Most Money on
  • Premium Gas. ...
  • Bottled Water. ...
  • Dining Out. ...
  • Fancy Coffee. ...
  • Dry Cleaning. ...
  • Paper Towels. ...
  • Unsaved Electricity. ...
  • Lottery Tickets and Gambling. Lottery tickets and the gambling habit are some of the things people waste the most money on.
Apr 26, 2024

What are the things money Cannot buy in life? ›

There are certain things in life where friends, family, and good memories are much more valuable than any currency. Money may give you material things but these are only temporary. From happiness to honesty, these are some of life's best gifts that don't cost a penny at all. Money never buys contentment.

What are 4 examples of how tourism dollars are spent? ›

Hotels and restaurants make up only 30 percent of tourist spending. Tourists also spend significantly on apparel and accessories, groceries, transportation and educational services.

What are the big 3 that people spend money on? ›

The Big 3, food, transportation, and housing, are the big-ticket expenses making up the majority of your spending.

What are the big 3 things that Americans spend their money on? ›

Many Americans spend a sizable amount of their income to keep a roof over their heads, food on the table and a means of transportation.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What is an example of overspending? ›

Buying goods without a prior plan or losing control during shopping can lead to overspending. Spending a lot on things that you do not need, having clothes in your wardrobe with a price tag on them, and feeling regret after buying something are all signs of compulsive buying.

What to do without spending money? ›

Whatever your situation, here are 13 fun things to do that don't cost money with friends and family:
  • Go on a picnic. ...
  • Go to no-cost museum and zoo days. ...
  • Give geocaching a try. ...
  • Leverage your chamber of commerce. ...
  • Take a historical city tour. ...
  • Visit a farmers market. ...
  • Go camping. ...
  • Do a photography challenge.
Feb 14, 2024

What to save for when going on a trip? ›

How to save for your dream vacation
  • The price of your accommodation.
  • Your budget for food and drinks.
  • The cost of any activities and sight-seeing trips you want to take while there.
  • The amount you want to have stored in a travel emergency fund.
Jun 25, 2024

What are the top three things you want to be spending your money on? ›

If you want to direct your financial resources toward pursuits that pay off in the long-run, choose to purchase experiences, prosocial giving, or buying time. Based on the studies, spending your money on those three things is the best way to increase happiness.

What is extremely unwilling to spend money? ›

SYNONYMS 1. tight. stingy, parsimonious, miserly, mean, close all mean reluctant to part with money or goods. stingy, the most general of these terms, means unwilling to share, give, or spend possessions or money: children who are stingy with their toys; a stingy, grasping skinflint.

What three things must money do? ›

To summarize, money has taken many forms through the ages, but money consistently has three functions: store of value, unit of account, and medium of exchange. Modern economies use fiat money-money that is neither a commodity nor represented or "backed" by a commodity.

What are the three things you can get with money? ›

You can only do three things with your money. You can spend it. You can invest it. Or you can give it away.

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