Ways To Save Money On A Business Trip
For business travel, there are some business travel money saving tips to help curb some of the the small expenses that quickly add up.
Of course, there are travel write offs one can take advantage of, but for small business owners and those that are self-employed, these additional tips can be useful for further financial savings and peace of mind.
Business Travel Money Savers
Travelling for business can be taxing. Often, we tend to stress more about the cost of the trip itself and forget to have fun. Use these tips to save tons of money on your next business trip. Maybe you’ll even start enjoying yourself!
Get Cooking – When you travel for business, purchase the food you will be eating at the market instead of eating all your meals in a restaurant. You can save an absolute ton of money doing this. Some business related meals can not be avoided, but if you handle the majority of your meals on your own, you can save a great deal. If you don’t have access to a kitchen, think about packing granola and snack bars along with items that require no cooking.
Go Hostel – Another money-saving tip is to stay at a hostel, instead of a typical hotel. Most hostels have kitchens you can utilise to cook your own meals. No matter how crazy your trip schedule is, your stomach and pockets stay full. On the downside, people are coming and going in hostels all the time which could led you to get a little antsy, but on the upside, they are a lot cheaper than traditional hotels. If you have an extended trip, this can save you hundreds of dollars!
Get Savvy – Before you arrive at your destination, search online for business travel tips. Use online message boards, travel forums, and blogs. Upon arrival, you should ask the people around you for tips on where to eat, stay, and free things to do. Pick up the local paper to find activities like festivals that you can attend, often for free. Just because you are avoiding to spend money, it does not mean that you should avoid having fun and enjoying your new surrounds.
Spend Nothing – Try your best to spend nothing. Take note of things like free Wi-Fi spots so you aren’t using any roaming data on your mobile. Find the local library to use as a temporary office if you are staying at a hostel. You will often find that Internet access is available for free (without purchase) at the library and they will have computers for you to use. Instead of using taxis, use public transport. Many cities have online transit maps and information. You can do your research before you leave home.
When you use these business travel money saving tips, you will find not only you save money, but your trip will be more enjoyable. Having done a bit of research regarding the area before you arrive, you will already have familiarized yourself with your destination and will be able to get down to business!
Top High Interest Savings Accounts
All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.
| Savings Account | Account Details | Maximum Variable Rate p.a. | Standard Variable Rate p.a. | Bonus Interest p.a. | Fees | Min Balance/Min Deposit | |
|---|---|---|---|---|---|---|---|
![]() RaboDirect High Interest Savings Account | Limited time offer. Enjoy a leading rate on your savings. | 5.60% | 4.85% | 0.75% | $0 | $0 / $0 |
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![]() UBank USaver | High ongoing rate plus if you deposit $200 monthly you receive a bonus 0.60% p.a, taking this up to an even higher rate. Open online. | 5.51% | 4.91% | 0.60% | $0 | $0 / $0 |
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![]() HSBC Serious Saver | Enjoy an introductory variable rate for 4 months for balances up to $1,000,000. Limited time only! | 5.55% | 4.25% | 1.30% | $0 | $0 / $0 |
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