I embrace value travel, not budget travel. To me, value travel is when spending matches priorities in a way that maximizes the frequency of travel.
Value travel is the sweet spot between luxury and economy. The goal is to reduce costs on less important items without substantially reducing enjoyment or convenience. So you can travel more and better.
Foodies, for example, might allocate a large slice of their travel budget to dining out. But they might save by selecting comfortable but not luxurious lodging. Or maybe they focus on one city or destination, saving on transportation.
In my mind, budget travel means spending the least amount on every expenditure. Fair or not, budget travel conjures images of sleeping in tents and hostels, towing towels in a backpack, and subsisting on boiled eggs, stale bread, and the pitying glances of strangers….
Don’t get me wrong. There is definitely a place for budget travel, and it can be wonderful. Some hostels are as nice as hotels. My focus here, however, is on families and individuals who want to spend less without reducing enjoyment or convenience.
The best way I’ve found to reduce cost without sacrificing enjoyment or convenience –especially for families–is to snag flight deals, book economical but comfortable accommodations (think airbnb), and make smart consumer decisions (at home and when traveling).
To maximize travel value (and enjoyment), I zig when others zag. I seek out (and pounce on) deals. And I try to be a little bit smarter than the next traveler by focusing on what is important to my family.
By reducing the cost of each trip by 30% to 50% or more, you will be able to travel more often! That’s value travel.
Value travel is about finding the sweet spot between luxury and economy. The goal is to reduce costs on less important items without substantially reducing enjoyment or convenience. So you can travel more and better.