Cheap Holiday Tips: How to Travel Abroad Without Overspending
- The Penny Pincher Team
- Sep 24, 2024
- 3 min read

How to Stretch Your Holiday Budget Further
Holidays don’t have to drain your bank account to be worthwhile. You want to be able to create unforgettable memories and explore new destinations while also being smart with your money.
This article is here to show you how a memorable holiday doesn't have to come with a huge price tag, and with a bit of planning and some clever tricks, you can make your budget go further and enjoy the holiday experiences you're dreaming of.
Timing is Everything
One of the most effective ways to slash your holiday costs is by being flexible with your travel dates, which may not work for all, but try checking prices a few days either side of your ideal dates; you may end up saving more than you think.
It is probably a tip often discussed when it comes to holidays, but for good reason. Avoiding peak seasons, such as school holidays, can save you hundreds of pounds on flights and accommodation; money that can then be saved for a rainy day, put towards another holiday, or spent on experiences while you are away.
ONS data shows that in 2023 alone, UK residents spent £72.4 billion on trips abroad, with much of this concentrated during peak periods when prices soar. You can still have the heat of countries without the cost; travelling just a few weeks before or after the busiest periods can really reduce booking costs.
For example, booking in late spring or early autumn instead of peak July and August offers savings whilst still providing excellent weather and has the bonus of fewer crowds.
Smart Booking Strategies
Getting great value for money often means considering different booking approaches or staying alert to opportunities.
One method to try is, if possible, to look for spontaneous deals; many travel companies and airlines offer great discounts to fill remaining spaces. Last-minute ski holidays can be a brilliant way to save money whilst still enjoying a fantastic trip, as resorts frequently offer substantial reductions to reach full occupancy.
So you don’t miss these opportunities, you should subscribe to newsletters from travel companies or airlines and set up price alerts for price comparison sites, then you will be notified immediately when offers become available.
Doing this allows you to be among the first to know about flash sales and exclusive deals, so you can take advantage of the deals.
Saving Money on the Ground
Once you have booked your holiday, you may think that is the only place you can save money, but budget-stretching efforts shouldn't stop once you've booked your trip because there are countless ways to cut costs after arrival at your destination.
You can try watching where locals are frequently visiting, as eating at these places provides authentic cuisine at a fraction of tourist restaurant prices, whilst it is likely nice, authentic food, giving you genuine cultural experiences.
With the current UK economy, consumers are increasingly budget-conscious while not wanting to miss out on some time abroad, making cost-saving tips more important than ever.
Try following simple actions, such as packing a reusable water bottle; this can save significant amounts on small bottled water purchases. Using public transport instead of taxis provides both savings and opportunities to experience destinations like a local.
The basic idea of stretching your holiday budget is simply about being savvy with both planning and spending decisions. Remember that a holiday's value is in the experiences and memories you create, not the amount you spend. With timing, smart booking strategies, and mindful spending, you can enjoy wonderful holidays without breaking the bank. These tips will also give you a more accurate representation of what the country is like for locals rather than tourists, which is a lovely position to be in.