This is one of the most significant investments you'll make, as travelling during the peak season will cost you twice as much as travelling during the off-season. Travelling during the off-season will provide you with additional perks such as lower accommodation rates, ferry savings, and even lower dining costs.

Cook Your Food

Don't eat out all of the time, especially if you're on a long vacation, because it will burn a hole in your pocket. Aside from tips and taxes, you'll be tempted to try new foods at each restaurant, which will impact your entire budget. A better strategy is to experiment with new recipes using local resources and cook your food. This will add flavour to your diet while still being inexpensive.

Try Booking Hostels 

If you're on a short vacation, instead of staying in expensive hotels and resorts, consider staying in hostels because you'll be outside for the majority of the day. Hostels are places where tourists can stay in dormitory-style rooms. You can also get a bed for the night rather than renting an entire room. This option is much more appealing if you're travelling in a group because it saves you money and allows you to spend the entire trip with your buddies.