This is our best shot at nailing down just how much it costs to travel around the world. It’s tricky to give an exact answer to this question, because every trip is based on different variables like destinations, timing, and traveling style.
The general consensus from travelers who’ve done these trips is that a year on the road costs somewhere between N7,300,000 and N11,000,000 (millions just incase the numbers got you confused).
However, that is just the middle of the bell curve. If you prefer to live in the lap of luxury, flying in business class and staying at the Four Seasons, you’re going to have to pay a lot more than that. But if you’re a lowly backpacker, you could potentially travel the world for a year on N3,000,000 (it has been done!). So how do you save for this world tour, you want to embark on.
Expert Travel Tips for How to save for a trip
Always pack a towel. It’s the key to successful galactic hitchhiking and plain common sense. You never know when you will need it, whether it’s at the beach, on a picnic, or just to dry off. While many hostels offer towels, you never know and carrying a small towel won’t add that much weight to your bag.
Be Careful When You Book. It’s not an urban myth that there’s a best time to book airline tickets. Statistically, if you book your airfare on a weekend you save 19%. Why is that? It’s somewhat of a mystery. My guess is that corporate travel agents work during the week, so they know you’re not a business traveler.
Don’t Be Tricked By Budget Airfare. Everybody wants to save money on airfares — but not all airfares are built alike. There’s one called “basic economy.” Studies have been done, and it usually only works out to a saving of peanuts. And on most of these basic economy tickets, you cannot bring a carry-on bag into the cabin. Plus, these tickets have all kinds of terrible restrictions. You never get to choose your seats. You never get to cancel or change the seat. You don’t get loyalty points. You get on the plane last. So do your research when getting Cheap Flights.
Save On Car Rental. A good foreign website for auto rentals is AutoSlash.com. They’ve been around for a decade, but for awhile they went underground because they were creating prices that were so competitive that the rental car companies weren’t taking their reservations. Now they no longer give you instant pricing; they send you an email with it. But what AutoSlash does is to apply every possible coupon code to your auto rental discount, and that can save you tons of money. If the price of your rental drops — and that’s very common — they will rebook you.
Save On Cruises. Cruises as a type of vacation are actually pretty affordable, but once you get onboard they will try and upsell you everything. Some cruise lines charge for soda. Port excursions are incredibly overpriced. There are some organizations that will sell you the same excursions, but instead of being with 40 people in a bus, you’re with 20 people in a van. You can see more, and you spend a third less. Check out CruisingExcursions.com and ShoreTrips.com. There’s also Viator.com, which offers some port excursions. The main time when people overspend on cruises is onboard: the casino, the spa. To save money on cruises, you have to have willpower or better you can visit grand amusement parks with Cheap Flights to Dubai.
Save On Hotels. The best way to save on accommodations? Book directly with the hotel — and usually, you will pay the least through their loyalty programs. Look at sites like HotelsCombined.com or Kayak.com, which survey all the hotels out there, then go to the hotel website’s loyalty area, and see if you can save money. When we did a study at Frommers.com, we found that you always saved this way. Sometimes it was $1, but sometimes it was $50.
Pack Smart. My top packing tip is to only own carry-on bags — that way you never overpack. Sometimes you have to roll things, sometimes you have to make hard choices, but if you forget something you get to shop and that’s always fun. Remember to look for amazing Flight Routes when traveling.