10 ways Canadians Can travel on a Budget in 2024

By leveraging these techniques, Canadians can travel on a budget, and leave more money in their bank account.

If you travel on a budget, it can be a great way for Canadians to see the world. First and foremost, the cost savings associated with budget travel can free up valuable funds for other important goals or experiences. Moreover, opting for economical travel arrangements can allow you to embark on a greater number of trips throughout the year, granting you the opportunity to explore diverse destinations and cultures. 

In a world where wanderlust often collides with the constraints of budgets, the desire to explore and experience different cultures need not be sacrificed at the altar of financial limitations. Traveling on a budget is not merely a matter of frugality; it’s a conscious choice that opens up a myriad of opportunities, enriching lives in ways beyond the financial realm.

There are a number of reasons why you should be focused on traveling on the cheap:

Access to More Destinations: One of the primary advantages of budget travel is the ability to stretch your resources and explore a wider range of destinations. By opting for cost-effective accommodations, local transportation, and affordable dining options, you can visit multiple places instead of limiting yourself to just one or two expensive destinations. This diversity adds depth to your travel experiences, exposing you to a variety of landscapes, traditions, and perspectives.

Personal Growth: The challenges and uncertainties of budget travel can be a catalyst for personal growth. Navigating unfamiliar places on a shoestring budget requires resourcefulness, adaptability, and resilience. Overcoming these challenges builds confidence and a sense of self-reliance, fostering personal development that extends far beyond the boundaries of your travel experience.

Environmental Sustainability: Sustainable travel is gaining prominence, and budget travel can align with this ethos. Opting for local transportation, choosing eco-friendly accommodations, and minimizing waste are common practices among budget-conscious travelers. By treading lightly on the planet, you contribute to the global movement toward responsible and sustainable tourism.

Building Lasting Memories: Memories forged through budget travel often stand out for their authenticity. The shared laughter with locals, the unexpected discoveries in off-the-beaten-path locations, and the satisfaction of making the most of limited resources create lasting impressions. These memories become the stories you cherish and share, making your travel experiences more meaningful.

With reduced expenses, you might even extend the duration of your travels, enabling a more immersive experience of the local culture. 

This budget-conscious approach often encourages a spirit of adventure, inspiring you to venture off the beaten path and uncover hidden gems in less touristy areas. By leveraging a few travel tips you can give yourself great experiences, without sacrificing the quality of your vacation. Additionally, traveling on a budget promotes flexibility, resourcefulness, and adaptability, Ultimately, opting for cost-effective travel options can lead to a richer appreciation for the journey, a broader cultural understanding, and the development of valuable life skills such as budgeting and money management.

In this blog post, we will delve into the importance of traveling cheaply and how it can be a transformative and liberating experience.

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Here are 10 ways to reduce the cost of your vacation, without sacrificing the quality 

1. Travel on a budget by Leveraging Credit Card Points for Flight & Accommodations 

Hostels can be nice, but for many travelers, there is a desire for something better. This is where travel points can be a huge money saver.

Many airlines & hotel chains offer loyalty or rewards programs that allow you to earn points or miles for your travel-related expenses. These points can then be redeemed for discounted or even free flights, hotel stays, and other travel perks. 

When you accumulate a sufficient number of points, you can often redeem them for flights and hotel bookings, offsetting a significant portion of the costs. This can make luxury accommodations and premium flights more accessible at a fraction of the regular price. 

Canadians have access to some great programs, particularly Aeroplan & Marriott Bonvoy which can drastically reduce the cost of your vacation.

In this post, we illustrated how Canadians can travel to Frankfurt on points. The financial summary is shown here:

Credit Cards	Sign up Bonus	1st Year Annual Fee
American Express Platinum	90,000 Membership Rewards (108,000 Bonvoy points)	$549
TD (or CIBC) Aeroplan Visa Infinite	55,000 Aeroplan Points	$0
American Express Marriott Bonvoy	60,000 Bonvoy Points	$60
Total		$609

Flying economy, you can fly to and from Frankfurt from Canada on Points, and stay 5 nights at the Meridien Hotel, all for $609 + taxes & fees.

Credit Cards	Sign up Bonus	1st Year Annual Fee (with GCR rebate)
American Express Platinum	90,000 Membership Rewards (transferred out to Aeroplan + Marriott Bonvoy)	$549
TD (or CIBC) Aeroplan Visa Infinite	55,000 Aeroplan Points	$0
American Express Marriott Bonvoy	65,000 Bonvoy Points	$60
American Express Business Edge	57,000 Membership Rewards (68,400 Bonvoy Points)	$24
Total		$633

Flying business, you can fly to Frankfurt from Canada on Points, and stay 5 nights at the Meridien Hotel, all for $633 + taxes & fee.

2. When Staying with Either Marriott or Hilton on Points, Leverage the 5th Night Free Promotion 

For those booking their vacation stay with points, both Marriott & Hilton offer a “fifth-night free” promotion, which can go a long way in enhancing the value of your vacation. 

4 nights paid for with points = 5th night free.

If your goal is to use Bonvoy or Hilton Honors points for the entire duration of your hotel stay, staying 5 nights enhances your redemption by 20%. It’s something you should seriously consider if you’re going the points route. 

3. Be Flexible When Travelling, Especially with Leveravng Points

Flexibility can be advantageous when redeeming vacation points, as it opens up more options and allows you to make the most of your rewards. Here are some reasons why flexibility can be beneficial:

• Availability of Options: Being flexible with your travel dates or destination increases the likelihood of finding available options for redemption. Some popular destinations or specific dates may have limited availability, so having some flexibility can help you secure the best deals.
• Cost Savings: Flexibility can also lead to cost savings. Certain days or seasons may have lower redemption rates or promotions, allowing you to get more value from your points. Being open to different options can help you find the best deals and maximize the value of your vacation points.

Flexibility can provide opportunities for upgrades. Some programs offer better redemption rates for certain days or times, and being flexible allows you to take advantage of these opportunities for a more luxurious vacation experience. If you’re open to different destinations, you might discover new places that you hadn’t initially considered. Being flexible allows you to explore a variety of options and possibly find hidden gems that you may not have thought of before.

The timing of your trip can also make a huge difference. Avoiding tourist-heavy months means hotels and flights will be cheaper. You’ll also deal with fewer crowds and shorter waits for any attractions you plan to visit

4.  travel on a budget by Taking Public Transportation 

Taking public transportation while on vacation can offer several benefits that contribute to a more enjoyable and fulfilling travel experience.

Public transportation is generally more affordable than renting a car or relying on taxis, helping you save money for other travel expenses or activities. Public transportation can allow you to mingle with locals and experience the destination from their perspective. This can lead to authentic interactions and a deeper understanding of local culture.

Navigating unfamiliar roads and dealing with traffic can be stressful, especially in a foreign country. Public transportation eliminates the need for driving, allowing you to relax and enjoy the scenery.

5. Get the Scotiabank Visa Infinite Card 

The reasons why you want to get this card are twofold. First, the card comes with no foreign transaction fees. Secondly, the points earned through this card (Scene+ points) can be used directly against travel purchases.

Having a credit card with no foreign transaction fees is crucial when traveling abroad for several reasons. Firstly, these fees can add up quickly, significantly increasing the cost of your purchases and diminishing the value of your spending. A card without foreign transaction fees allows you to make transactions in foreign currencies at a more favorable exchange rate, ultimately saving you money. Additionally, using a credit card offers a level of security and convenience, eliminating the need to carry large sums of cash. This type of card also provides protection against fraudulent activities, as many issuers offer robust security features and quick resolution processes. Overall, a credit card without foreign transaction fees not only helps you save on unnecessary expenses but also enhances the overall ease and safety of your international transactions, making it an essential companion for global travelers.

What are Scene+ Points

Scene+ points are offered by Scotiabank in partnership with Cineplex Entertainment. Scene is a popular entertainment loyalty program in Canada that allows members to earn points on their everyday purchases and redeem them for free movie tickets, concessions, and other rewards at Cineplex theatres. HOWEVER, Scene+ points can also be used for travel expenses at a 1 cent/point value.

As long as the travel purchase is made with your Scene+ card, you can redeem your points against that purchase directly through your Scene+ account.

Read: Your Guide to Scene+ points

The Scotiabank Visa Infinite card is a great introductory Scotiabank travel card due to the fact that it comes with a great signup bonus, and that Visa’s are accepted pretty much everywhere. The 30,000 Scene+ points is $300 that can be used towards travel expenses, and the 6 DragonPass visits can save you a few dollars at the airport.

The $150 fee comes with the following benefits:

• Sign-up Bonus:
  • 30,000 Scene+ points upon spending $1,000 in the first three months
  • 10,000 Scene+ points upon spending $40,000 in the first year
• Earn Rate: 
  • 3 Scene+ pts/dollar spent at Sobeys, IGA, Safeway and FreshCo
  • 2 Scene+ pts/dollar spent on transit, food and entertainment
  • 1 Scene+ pt/dollar spent everywhere else
• Insurance:
  • Emergency Medical Travel Insurance – up to $1,000,000
  • Car rental damage insurance 
  • Trip Cancellation Insurance- up to $2,500
  • Flight Delay insurance – up to $500 if your flight is delayed >4 hours
• Perks
  • No foreign transaction fees
• Lounge Access
  • 6 complimentary DragonPass visits

6. Eat Where the Locals Eat

Eating where the locals eat while traveling can be a savvy financial decision with numerous benefits. Beyond the potential for more affordable prices, local eateries provide a genuine taste of the region’s culinary culture. These establishments often offer a more authentic and memorable experience, steering clear of the inflated prices that can accompany tourist-centric areas.

By venturing into local neighborhoods, travelers have the chance to discover hidden gems—charming establishments that may not be featured in guidebooks but deliver exceptional value and flavor. Beyond the financial aspect, dining with locals provides an immersive cultural experience, fostering interactions with residents and offering insights into local traditions.

Here are some more travel food hacks by YouTuber Wolters World

7. Budget Beforehand

Budgeting beforehand is crucial when going on a vacation for several reasons. First and foremost, it helps you manage your finances wisely, ensuring that you don’t overspend and face financial stress during or after your trip. By setting a budget, you can allocate funds to different aspects of your vacation, such as accommodation, transportation, food, activities, and souvenirs. This proactive approach allows you to prioritize your spending based on your preferences and financial capacity.

Moreover, budgeting helps you avoid unexpected financial surprises. It enables you to plan for any additional expenses, such as entrance fees, local transportation, or unforeseen emergencies, reducing the likelihood of financial strain during your travels. Having a clear budget also encourages you to research and find cost-effective options for accommodation, transportation, and activities, maximizing the value of your money.

Additionally, budgeting promotes responsible financial behavior, encouraging you to save and plan for your vacation in advance. This not only ensures that you have the funds needed but also helps you set realistic expectations for your trip. It’s a tool for financial discipline, allowing you to enjoy your vacation without the worry of overspending or returning home to financial difficulties.

8. Leverage Reddit & YouTube for Free Excursions

These are great travel resources

many people share their vacation experiences, including excursions, on platforms like Reddit and YouTube. These platforms are popular for travel-related content, offering users the opportunity to share their adventures, provide recommendations, and connect with others who have similar interests.

On Reddit, there are numerous travel-related subreddits where users share their experiences, ask for advice, and post photos from their vacations. Subreddits like r/travel, r/solotravel, and those dedicated to specific destinations (e.g., r/Paris or r/Tokyo) are common places for people to discuss their vacation excursions. Users often seek and provide tips, share itineraries, and engage in conversations about their travel adventures.

On YouTube, many travelers create and upload videos documenting their excursions, showcasing destinations, activities, and personal experiences. These videos often include travel tips, reviews of accommodations and attractions, and cinematic footage of the journey. Travel YouTubers build communities around their channels, and viewers appreciate the visual aspect of exploring new places through video content.

Both Reddit and YouTube offer valuable insights and inspiration for travelers. Users can find a wide range of content, from budget travel tips to luxury vacation experiences, and from off-the-beaten-path excursions to popular tourist destinations. Engaging with these platforms allows people to share their experiences, learn from others, and contribute to a collective pool of travel knowledge and inspiration.

For more information on tourism excursions, I encourage you to check out Viator.

Viator is an online travel platform and tour aggregator that facilitates the booking of a diverse range of travel experiences and activities worldwide. As a subsidiary of TripAdvisor, Viator connects travelers with local tour operators and guides, offering a vast array of tours, attractions, excursions, and other activities in destinations across the globe.

9. Look Into Hotels with Free Breakfast

Selecting a hotel that offers complimentary breakfast can enhance your overall travel experience in several ways. Firstly, it provides a practical avenue for cost savings, allowing you to allocate your budget to other aspects of your trip. The convenience of having breakfast readily available at the hotel is another notable advantage, saving you time, especially during busy mornings or when you have early plans. This option is not only time-efficient but also offers a range of breakfast choices, catering to different preferences and dietary needs. For families, in particular, hotels with free breakfast eliminate the challenge of finding suitable options for everyone, making the morning routine more seamless.

For those who have Platinum Status with Marriott Bonvoy and Diamond Status with Hilton Honors, you’ll be given a daily food credit that can be used at hotels that do not offer complimentary breakfast.

You can earn Platinum Status with Marriott by signing up for the US American Express Marriott Bonvoy Brilliant Card

You can earn Diamond Status with Hilton by signing up for the US American Express Hilton Aspire Card

10. Consider a Time-Stare Presentation 

What is a Timeshare Presentation?

A timeshare presentation is an orchestrated sales event conducted by companies that specialize in selling timeshare properties. Typically, individuals are invited to attend these presentations through offers of free or heavily discounted accommodations, vacation packages, or other incentives.

During the presentation, attendees are introduced to the concept of timeshares, where multiple individuals share ownership of a vacation property. Sales representatives provide information about the advantages of timeshare ownership, emphasizing luxurious accommodations, exclusive amenities, and potential cost savings compared to traditional vacation rentals.

The presentation often includes a tour of the timeshare property or a similar one owned by the company. To encourage attendance and potential purchases, incentives like discounted stays, free meals, or excursion vouchers are offered.

Following the presentation and tour, attendees face a sales pitch that includes pricing details, financing options, and additional benefits of purchasing a timeshare. It’s important for individuals to be aware of the high-pressure sales tactics employed during these presentations and carefully consider the long-term financial commitment, potential resale challenges, and overall value before making any decisions.

Potential Benefits of a Timeshare Presentation

Participating in a timeshare presentation might provide you with certain benefits, such as the opportunity to access discounted accommodations, vacation packages, or other perks. However, it’s essential to approach timeshare presentations with caution and a clear understanding of the potential pros and cons.

Potential Benefits include:

• Discounted or Free Accommodations: Some timeshare presentations offer incentives such as discounted or even free accommodations as a reward for attending the presentation.
• Access to Vacation Packages: In some cases, attendees may receive exclusive offers for vacation packages or amenities that can potentially save money on future trips.
• Additional Perks: Some presentations may include extras like free meals, excursions, or activities as part of the incentive package.

Important Considerations

• Pressure Sales Tactics: Timeshare presentations often involve high-pressure sales tactics to convince attendees to purchase a timeshare. Be prepared to firmly decline if you’re not interested.
• Long-Term Financial Commitment: Timeshares typically involve a significant financial commitment. It’s important to thoroughly understand the terms, maintenance fees, and potential long-term costs before making a decision.
• Resale Challenges: Reselling a timeshare can be challenging, and the value of timeshares on the resale market is often much lower than the initial purchase price.
• Flexibility Concerns: Timeshares may limit your flexibility in terms of travel dates, locations, and accommodations. If your travel preferences change, a timeshare might not be the most suitable option.

In short, listen to the presentation, don’t buy a timeshare

Conclusion

Traveling on a budget is not just a practical choice; it’s a gateway to a more enriching and fulfilling travel experience. Embracing a budget-conscious approach allows us to appreciate the essence of a destination, connect with local culture, and create lasting memories without the burden of excessive expenses. By prioritizing value over extravagance, budget travelers gain the freedom to explore off-the-beaten-path gems, savor authentic local cuisines, and engage with communities in a more meaningful way.

Traveling on a budget encourages resourcefulness, creativity, and a deeper connection to the places we visit. So, whether it’s for the thrill of adventure or the joy of discovering the world’s diverse wonders, embarking on a budget-friendly journey opens doors to countless possibilities, making travel an accessible and rewarding endeavor for all.