facebookHow do you save up for trips? - Seedly

Daniel Lee

Growth Marketing Lead at Seedly

29 Jul 2019

Saving Hacks

How do you save up for trips?

For those of you who like to travel, how do you save up for trips? How often do you travel? Any best practices to share? :)

Discussion (18)

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Depends on your travel destinations.
These days I use budget airlines such as scoot and being travelling to various parts of China once or twice a year. Scoot has many interesting new destination for China this year.
Price for 3 star hotel is cheap at $20-30/night, transport and food are affordable too. All my past China trips for 7-8 days, everything including accomodations, transport, food and souvenirs, I only spent at most $500/trip.
Just save $50-100+/month for my trip for 6 months and I am ready to go for the next China F&E trip!

  1. Set a country you wanna go
  2. Estimate the expenses you will need and add abt 10% or 20% more.
  3. Set a goal by when you need to reach so you work backward how much you will need to save monthly

can make use of POSB SAYE/mySavings account to do the monthly savings with slightly better interest rate or do a standing instructions to transfer to higher interest account like Multiplier, 360, UOBOne, etc...

I always love to travel to places where I have friends or know anyone when I am on a super budget trip. They will bring you to places that has cheaper and 😋 food. And also coz they are local, they know where to shop!! Not forgetting to use ShopBack too whenever you shop online or to book for your travel. I will also use YouTrip Card as there is no transaction fees 🤭🤭🤭 Link in the comment below

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Bring US$100 and withdraw the rest at the local ATM from youtrip. When you pay everything with cash you are unlikely to overspend and yet have the USD as cushion for emergencies.

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I travel on average twice a year - once at the beginning of the year and another some time after the June holidays.

I don't save up for a trip but I do save in general. Depending on my budget and how much I feel I want to spend, I'll set a budget for the trip.

While booking a trip, I'll definitely research the heck out of it :) using different websites, cards/ShopBack cashbacks, etc. Hotel/resort websites usually gives quite a good rate+add ons so do check them out as well.
Another tip is to try to book your holidays early for an even lower rate - the best would be 6 months ahead. Also, try and avoid the long weekends even though you may have to apply for leaves but you'll definitely save some $$ by avoiding the long weekends.

Thats a really interesting question, One of my friend saves all the coins he has from the loose chan...

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