I just returned from the Financial Blogger Conference in St. Louis. It is an annual gathering of finance bloggers that takes us around the country. On business travel, it is easy to rack up big spending quickly when thinking about writing off the expenses. Instead, focus on saving and keeping your hard earned money.
Search for Budget Airfare
Never pay for a flight without doing research first. I usually buy flights with miles and points, but when I pay with real money, I always search around for the best fares possible.
Sometimes, you have to go right to the website of the airline. Southwest is known for low cost flights, but they never have flights available on the big search sites. Also check out the Bing and Google airline search tools.
Find a Budget Hotel
To find hotels, be sure to check out the big travel sites mentioned above. Also take a look at Hotels.com. I recently booked business related travel and used a combination of websites to find the best deal near where I need to be.
Be sure to open your search out to nearby neighborhoods. You might find a much cheaper option if you are willing to drive an extra five or ten minutes to your meeting.
Don’t Overspend on Food
It is easy to spend a lot on food when on the road. Fancy business lunches can easily cost hundreds, so be thrifty on meals when you are able. Don’t overspend on lunches or dinners for yourself. Even at the airport, try to save a few bucks where you can by skipping unneeded alcoholic beverages.
If your hotel has a microwave or kitchenette, the cost of one meal at a restaurant could be the same as several meals from the grocery store.
Of course, it is worth a few dollars here and there to enjoy yourself, but try to budget where you can to make your business travel more affordable.
Always Get Points and Miles
When you are spending for business travel, I suggest always using a card with good miles that you can keep for yourself. I have both an Ink Bold from Chase and a Southwest Airlines business credit card. I only use those two cards for business spending, which makes accounting easier, and gives you rewards.
How Do You Save on Business Spending?
What are your best tips to save on business travel? Please share your best ideas in the comments.