10 Tips For Making The Most Of Your Money

There is no doubt that traveling in Europe can cost you a pretty penny and one of the most talked about issues among backpackers is how to make the most of their money. While backpacking is the most affordable route to exploring Europe, it can still turn into an expensive endeavor if you’re not careful. Managing your travel budget is one of the most important parts of ensuring a successful trip, so make sure to check out our thrifty tips for maximizing your cash when you’re backpacking through Europe.

Museum Passes Are Your Best Friend
Throughout Europe, many cities sell museum passes which are a great bargain for budget travelers. You’ll get access to several different locations for a fraction of the price. On top of that, with a museum pass you can skip the line and go straight into each attraction.

Get A Hostel Membership
Across Europe’s over 2000 different hostels, you can find plenty of cheap beds. The discounted price you’ll get at many hostels will pay for itself in no time and many times your membership will grant you a reduced price on other travel related services.

Buy The Eurail Pass
If you’re planning to see several different countries, the Eurail pass is one of the best values you will find. Point to point tickets can become quite expensive very quickly and a train pass will allow you to travel as much as you want on one fixed price.

Use A Guidebook
A guidebook is one of the best tools to have in your arsenal while traveling through Europe. The kind of detailed information provided by a guidebook will save you countless hours, dollars, and it will no doubt pay for itself many times over.

Travel During Winter
Backpacking Europe during the off-season will give you a much more personal look at the culture. It will also allow you to find cheaper airfare, cheaper hostels, and avoid long lines. On top of all that, you’ll meet more Europeans than tourists which is a great way to get the most out of your trip.

Use ATM’s
Travelers check’s and currency conversion shops are normally much more expensive than using local ATM’s. ATM’s provide the best possible rates in a more convenient and quick manner. They do charge fees so make less withdrawals of more money.

Drink Tap Water
If you’re ordering water at a restaurant, make sure to specify that you want it from the tap. If you don’t you’ll find yourself drinking an expensive bottle of mineral water.

Look For Local Restaurants
Stay away from touristy restaurants by avoiding places with signs that say we speak English or have an English menu. Restaurants full of locals will have much better food for a more affordable price. Try new things, especially daily specials which are sure to run a much lower price and provide for a unique taste you won’t find back home.

Make Use Of Public Transportation
When you’ll be staying in one place for an exteneded period of time, it’s always a great idea to make use of buses. They might not be the most luxurious way to ride, but they will save you some money.

Analyze Your Receipts
Review all of your receipts and look for additions that you didn’t order and errors in the price you’re being charges. Many travelers end up paying too much because you didn’t look close enough at their receipts.

Make use of these tips and you can save yourself a heap of cash which will go well towards extending your stay or allowing you to splurge a little bit at the end of your trip. The biggest most important tip you can travel with is to use common sense in everything you do. If you think things through and avoid thinking like a tourist, you’ll be sure to save yourself both time and money.