Table for One: Solo travel budget tips with GO2bank

Table for One: Solo travel budget tips with GO2bank

Traveling solo can be an incredibly fun, rewarding, and eye-opening experience, but it can also get expensive. Are there ways to enjoy a solo trip without breaking the bank? You bet there are! Let’s explore some planning and budgeting tips and tricks that can help you make the most of your trip without overspending.

First off, why travel solo?

Freedom and flexibility

One of the biggest perks of travel alone is the freedom and flexibility it affords you. You can plan your trip with your own preferences and interests without compromise. Want to change your plans at the last minute? Go for it! You don’t have to worry about anybody else’s schedule or feelings beyond your own.

Personal growth

Traveling solo can also be a great opportunity to learn a lot about yourself, expand your independence, and help you advocate for yourself. You might have to navigate new places, new cultures, and new languages on your own, which can be challenging but rewarding experiences. You could meet new people and make new friends, boosting your confidence and social skills. And you get to plan your trip around what you like, which helps you not only articulate what you like, but help it grow. Want to visit the world’s biggest cuckoo clock? You do you!

How to travel solo on a budget

Plan your trip

Planning your trip in advance can save you a ton of money. First, you’ll need to set a budget. Research the costs of flights if you’re flying, gas if you’re driving, or tickets if you’re taking public transportation. How much are hotels at your destination? What about activities? You don’t want to be trapped in your room the whole time! Look for deals and discounts, and don’t be afraid to travel during the off-season when prices are lower!

Be flexible with dates

Being flexible with your travel dates can also help you save money. Flights, train tickets, and other accommodations can often be much cheaper during weekdays and off-peak seasons. If you have the flexibility to travel during these times, you might save a bundle.

Find budget stays

Paying for your stay can be one of the biggest expenses when traveling on your own. To save money, consider staying in more budget-friendly accommodations like hostels, guesthouses, home rentals, or even a friend’s place. These options can often be cheaper than hotels, while also offering a more authentic experience with more opportunities to meet people during your travels.

Cook your own meals

Eating out adds up, especially when you’re never splitting the bill. Give cooking your own meals a try while you’re away. Look for a hotel or rental with a kitchen, or find a hostel with a communal kitchen. Buying groceries from local markets for your meal prep not only saves you money, but also gives you another opportunity to meet more people and have a more authentic travel experience.

Take advantage of free activities

Sometimes the best things in life really are free, especially if they’re free while you’re on vaycay. Take advantage of free walking tours, museums, public parks and gardens, or local outdoor markets. You could even check online resources like Meetup or Couchsurfing for free events around the area for your travel dates.

Use public transportation

Public transportation like subways, buses, trains, and light rails are often cheaper than taking taxis or renting a car. Do some research on the public transportation options in your destination before you go. You can also save money by going for a good walk or biking to nearby attractions. And remember, asking for directions is just another way to meet new people!

Be mindful of your spending

Overspending while you travel can be pretty easy, especially when you're on your own. Try to be mindful of your spending and stick to your budget. Keep track of your expenses, whether it’s literally on paper, or whether you check your transactions online. Always be on the lookout for ways to save money, like searching for coupons or discounts before you head anywhere. And remember, if you’ve got a GO2bank account, we’ve got you covered if you overspend with up to $200 in overdraft protection .** Opt-in required. Account must have initial eligible direct deposits, must be in good standing and have an activated chip-enabled debit card to opt-in. Ongoing eligible direct deposits and other criteria apply to maintain eligibility for overdraft protection. Only debit card purchase transactions are eligible for overdraft protection and overdrafts are paid at our discretion. We reserve the right to not pay overdrafts. For example, we may not pay overdrafts if the account is not in good standing, or is not receiving ongoing eligible direct deposits, or has too many overdrafts. Overdraft fees may cause your account to be overdrawn by an amount that is greater than your overdraft coverage. A $15 fee may apply to each eligible purchase transaction that brings your account negative. Balance must be brought to at least $0 within 24 hours of authorization of the first transaction that overdraws your account to avoid a fee. Learn more (Overdraft Protection PDF).

How to stay safe while traveling solo

Traveling solo can be an amazing experience, but remember to stay safe. Here are some tips on how to do that when you’re on your own.

Research your destination

Before traveling, research the local customs, laws, and any potential safety concerns. Is your hotel or rental in a good part of town? Are they places you shouldn’t walk at night? Can you ask locals where to go on your own and where to avoid? This kind of planning will help you avoid any potential risks while you’re out exploring.

Stay connected

Remember to stay connected with friends and family back home. Before you go, share your itinerary with them, and don’t be afraid to give regular check-ins. You can also use an app like Find My Friends to share your location with your trusted BFFs.

Trust your instincts

Trust your instincts and remove yourself from the situation if something doesn't feel right. Avoid walking alone at night and be cautious when interacting with strangers.

Keep your valuables safe

Always remember to keep your valuables safe, like your wallet, passport, money, and electronics. Try using a money belt or a secure backpack to keep your belongings close to you when you’re out-and-about. And be sure to notify your bank that you’ll be traveling before you head out! This is especially important if you’re traveling to a different country. If your bank doesn’t know and starts seeing transactions in a different country, your card might be flagged and locked due to potential fraud even if you’re the one doing the spending.

So, what do you think? Are you ready to pack your bags and set off on your own unforgettable adventure? Be your own best traveling buddy with these tips and maybe we’ll meet you out there along the way!

The views and opinions expressed here may not represent the views and opinions of GO2bank, Green Dot Corporation, or its affiliates. It is presented for general informational purposes only and does not constitute tax, legal, or business advice.​

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