Saving series: how to save money on transport? (2024)

30 March, 201614 August, 2017Budget, Tips

Saving series: how to save money on transport? (1)

This article is part 1 of my series on saving money on travel.

Depending on where you’ll travel and how long you’ll stay, transport is most likely to be one of your biggest travel expenses. And unfortunatelynothing is going magically transportyou to your destination for free (except hitchhiking, actually, that will). Don’t let transportation costs stop you though. With these tips you’ll arrive with a full wallet to your destination.

My favourite hobby is sorting out tickets for trips that I’m probably never going to take. I abuse Skyscanner on a daily basis.I don’t dare count how many precious hours I’m throwing away per year. But all is not lost, because I have gained a lot of valuable information, which i’ll share in an article specifically devoted to this.

Driving is probably my favourite way of transport: nothing tops a good road trip. It’s easy, quick and once you drive with multiple people, you can share the petrol costs, so the costs won’t be too much. Despite theliberties of your own schedule, there are always the parking and petrol costs though.

– Roadtoll
In some European countries they ask for road tax to drive there. Think of Spain, France and Portugal. And this will only increase, since Germany is also planning to let tourists pay for driving their roads. I think I paid about sixty euros from the French / Belgian border to the Côte d’Azur. In my opinion toll is one of the worst ways to spend your money: the road is already there. It always feels like I’m emptying my wallet above the sink. Where it is possible, choose a local road to save money, rather than the highway. The disadvantage is that it will take longer to get to your destination. The plus side is seeing more of the country.

– Carpooling
There are plenty of websites and apps like Toogethr or Blabla car where you can share a ride with other people. I haven’t triedit myself but I have seen a single rideto Copenhagen for €35. Score!

Saving series: how to save money on transport? (2)

I love the bus. Sitting on a soft chair, rocking slightly back and forth, looking out a huge window nibbling on snacks, while I’m transportedto my location. And you can really go anywhere. With bus companies like Megabus, Eurolines and ID-bus, you can go toParis, London or Berlin for as little as €10 sometimes. But thecompanieseven drive as far as the Czech Republic, Hungary and Morocco sometimes. Protip? Go overnight. You can save a night out and make the most of your available travel hours.

The Thalys isn’tvery expensive. For €70, you have a return ticket to Paris from Amsterdam. Not as cheap as a bus, but still. I prefer the CityNightLine. It runs at night (dude), so you have both accommodation and transport in one. Very advantageous. They drive to locations where you usually fly to (Copenhagen, Moscow, Prague). If you book in time, you can score a return ticket to Copenhagen for € 60. Two nights + return transport = cheap.

No, I would never take a bicycle holiday.I was quite frankly thrilled when I moved toa city where there is a tram stop in front of my door (very fancy for a village girl), so I didn’t have to ride my bike everywhere. But often on trips you can rent a bicycle for one euro or a handful of euros. I’ve don’t do it often, because most cities are easy to walk (and: free), but Idid rent one in San Fransisco and cycled the Golden Gate Bridge.

Saving series: how to save money on transport? (3)

City cards often cover your public transport. Whether they are economical for you, you’ll have to calculate yourself. Otherwise, it’s almost always cheaper to buy metro tickets packets instead of individual tickets. Usually you’ll get one free ticket on a package of ten. Or check if there are two day-tickets, that would also be useful sometimes. Whether this is beneficial for you, really depends on the price of tickets (which are different everywhere), how much you want to see, how much you plan doing by foot and how much by metro. On an average trip, I usually make three to four subway trips a day. This often comes down to five euros: do the math. And in some cities, like London, it’s cheaper to get a temporary public transport card. Do the research and save moolah! :)

Yep. My favourite way. No crusade like Santiago de Compostela, but just walking. Strolling through neighbourhoods with meandering streets that are carefully folded around old houses. Peeking inside a locals life.It’s a great way to be active, explore your destination and it’s totally free.

Saving series: how to save money on transport? (4)

cheap, free, saving, transport

Saving series: how to save money on transport? (2024)

FAQs

How do I save money on transportation? ›

Here are some ways to save on getting around:
  1. Get out the bicycle or walk. ...
  2. Use public transportation. ...
  3. Carpool. ...
  4. Rent or car share. ...
  5. Limit your financing. ...
  6. Compare insurance costs. ...
  7. Don't speed. ...
  8. Take care of your car.

How to save money effectively? ›

28 ways to save money
  1. Automate transfers.
  2. Count your coins and bills.
  3. Prep for grocery shopping.
  4. Minimize restaurant spending.
  5. Get discounts on entertainment.
  6. Map out major purchases.
  7. Restrict online shopping.
  8. Delay purchases with the 30-day rule.
Mar 26, 2024

How much should I spend on transportation? ›

It is generally recommended that you cap transportation expenses at 10% of your monthly income. Beyond the sales price, buyers should also budget for other expenses like repairs, registration, and insurance.

How do people save for travel? ›

Turn one big goal into multiple smaller goals

For example, if you've figured out that you need $1,000 for a trip coming up in five months, you'd want to save $200 a month. Or if you wanted to break it up into even smaller chunks, you could have a savings goal of $50 a week.

What is the cheapest source of transportation? ›

Railways are the cheapest mode of transport in India because it covers long distance with less fare compared to other modes of transportation.

What is the cheapest option for transportation? ›

Public Buses: Public buses are a cost-effective way to get around most cities and towns in the US. Trains: Trains, such as Amtrak and regional commuter trains, can be a cheap and convenient way to travel longer distances. Carpooling: Carpooling with coworkers or friends can help you save money on gas and parking.

How to save $100 in 30 days? ›

The goal of the Challenge is simple: save $100 in a 30-day time period through a series of gradually increasing deposits. November has 30 days so every day is a savings day. As shown in the picture below, daily savings deposits start at $1 a day for five days followed by $2, $3, and $4 each for five days.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What is the 30 day rule to save money? ›

With the 30 day savings rule, you defer all non-essential purchases and impulse buys for 30 days. Instead of spending your money on something you might not need, you're going to take 30 days to think about it. At the end of this 30 day period, if you still want to make that purchase, feel free to go for it.

What is the cost of transportation? ›

Transportation cost refers to the expenses incurred in the process of moving goods, services, or people from one location to another.

What is the rule of thumb for transportation costs? ›

Key Takeaways

The rule is to make a 20% down payment on a four-year car loan and spend no more than 10% of your monthly income on transportation expenses. Because your credit score affects the size of your monthly payment, you may need to buy less car if you have a lower credit score.

What are the common costs of transportation? ›

Common cost: A cost which is incurred simultaneously for a whole organization, where it cannot be allocated directly to any particular product. These may be fixed or variable (e.g. the farm's driveway).

How much do people save to travel? ›

Many people set aside 5%-10% of their net yearly income for leisure travel, but your savings will depend on the type of vacation you're planning.

Should I save money or travel? ›

It is, however, the first rule of good budgeting that you save first and spend later. What this may often translate into is a less expensive domestic holiday instead of a foreign vacation, but try not to compromise on it.

How much should I save for my trip? ›

How much should I budget for vacation? Many people aim to spend between 5%-10% of their yearly net income on leisure travel and vacations. However, this number will be different for everyone.

What is the most efficient way to transport? ›

Velomobiles (enclosed recumbent bicycles) have the highest energy efficiency of any known mode of personal transport because of their small frontal area and aerodynamic shape.

Does using public transportation save money? ›

But did you know choosing public transportation over driving can also have significant financial benefits? According to the American Public Transportation Association's (APTA) Transit Savings Report, individuals who ride public transit instead of driving can save an average of $13,000 annually, or $1,100 a month.

How can we reduce transportation energy use and costs? ›

Lifestyle Choices
  • Carpool or take mass transportation whenever possible. ...
  • Combine errands to reduce trips.
  • Try to live close to your work or school.
  • Avoid peak time travel.
  • Research whether your employer can offer a subsidized mass transit program. ...
  • Some communities have car-share programs.

How much do you spend on transportation each month? ›

Average monthly spending on transportation: $1,025 (12% increase) Transportation is the second-largest monthly expenditure, and Americans spent 12% more on transportation in 2022 than they did in 2021. Transportation expenses tend to be spread out but add up to be significant.

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