It’s been a tumultuous and hectic month, with little time for me to relax, but im back now with a new post and that’s what matters!
Travelling, an essential annual activity for most households in Singapore. Being a small country, there isn’t a domestic travelling option for us Singaporeans. There is only so much we can do in Singapore, and what better way to spend our bonuses/savings than going away to explore and wind down?
Singapore has seen a year on year increase in outbound tourism since 2005.
In 2016, outbound departures stood at 9,474,205, a tremendous increase from 2005 where the numbers were merely 5,159,403. As a highly developed first-world state, it is no surprise that Singaporeans are becoming more affluent and have higher disposable income.
Which brings me to the main topic, how does one save while travelling? It is an ironic statement, as travelling usually amounts to a big chunk of expenditure, more so if we travel and pay for our family members.
As mentioned previously, i view myself as a frugal individual, but i certainly do not restrict myself from purchasing experiences and memories. With my university matriculation coming around immediately after i ORD from NS, i will probably not have the time to travel next year. Thus, i figured that my only time to travel in the near future would have to be this year, and with that i used up all of my leaves for next month where i travel to
KRABI & BORACAY.
My expenses have never been higher before than in 2017, and that is why being able to save while travelling is an imperative to me.
1) Flight Tickets
Any prerequisite to travelling definitely involves the booking of one’s flight tickets and accommodation (unless you are able to sojourn at a friend/relative place at your destination). Here is where the saving begins! Being able to get a reasonably priced ticket is essential, and how do i do this?
From my experience, utilising fare comparison websites alone isn’t enough as they do not always provide the best prices and they do not show the hidden costs such as taxes etc. Also, always browse in incognito mode as airline sites keep track of your visit history and cookies, they use it to forecast your purchasing needs and mark up the prices of the dates you have been looking at.
Depending on your preference (Budger Carrier vs Full Service Carrier), open several tabs, alongside the flight comparison page Skyscanner.
Budget Carrier: AirAsia, FlyScoot, JetStar, etc.
Full Service Carrier: Singapore Airline, Emirates Airways, Qatar Airways, Asiana Air, ANA, Japan Airways, etc.
Use every single one of them to look at the prices of the dates you are looking to travel. Make sure you go all the way to the last page before you make payment so that you are able to see your total cost inclusive of taxes and fees.
With this, one is able to have the whole gamut of ticket prices from different airlines at your fingertips. Personally, this method has helped me to source for cheaper tickets than my friends for most of my trips and i hope it works for you too!
With the advent of technology and proliferation of alternatives to hotels. Getting cheaper accommodation has never been easier, i like to maintain a certain level of comfort in my travels, and thus i will not be writing about hostels, capsule hotels, etc.
In most countries, AirBNB is available and is usually a cheaper alternative than booking hotels. However, im sure there are many of you that will still prefer booking a hotel. Likewise with Hotels, open several tabs and move yourself to the Agoda and & Expedia page. Shortlist the hotels based on your needs, wants and previous reviews.
Once that is done, access the shortlisted hotel’s webpages one by one, occasionally , you will see that agoda and expedia do not usually offer the best rates as well. When i went to Hongkong and Taiwan, this method helped me to save a good amount of money.
The last and most simple factor of travelling, budgeting! Set aside a certain amount of cash that you will allow yourself to spend, keep track of your daily expenses in your destination and ensure that you do not overspend your daily/overall budget.
For most trips that do not exceed a week, i set for myself a budget of $400-$600.
I hope this post has provided you with more information on how one can save during their holiday stint. Don’t forget to relax in the arduous journey towards emancipating yourself from the rat race!