MIND THE GAP

Contestants in RATW may have no control over the destinations they must reach, but you do.

“Whilst spontaneous destination hopping is fun, it’s important to plan ahead and understand exactly what your budget is so that you avoid spending recklessly and have enough money to enjoy yourself in each destination,” advises Will Jones, a travel hacks expert from StudentUniverse, the world’s largest student and youth travel marketplace.

“Failing to effectively plan ahead, from thoroughly researching where to stay, how best to reach your destination, and even what day of the week to depart can all hurt your wallet, leaving you with less money in your pocket to actually enjoy yourself whilst travelling. Book flights as early as possible, search for sites that offer discounts, and start planning excursions ahead of arrival.”

Savvy transport options

Travelling overland like the RATW team can be time-consuming – but it is more economical and will reduce your carbon footprint. Sometimes, however, the only option is flying.

“Travel expenses amount to a large proportion of the costs associated with gap years and travelling overseas,” says Will.

“Choosing a midweek flight or one with a connection provides the best value for money. Avoid premium seating options and additional luggage to make your money last longer, so pack light. We also recommend avoiding returning to the UK on a Saturday – costs are often considerably higher on the weekends.

“Connecting flights can cut costs by a third, or even in half – worth that two-hour layover!”

Email key documents to yourself Unfortunately, not every longdistance adventure runs smoothly. If you lose your passport abroad, getting the local embassy to issue you with an Emergency Travel Document (ETD) is made a lot easier if you can provide them with printed out copies of your documentation.

“Before you go, take photos, or scan all your documents – passports, visas, e-tickets, credit cards and email that to yourself,” recommends Tim Riley, managing director of insurance company True Traveller.

“Note for British Passport holders, you only get an ETD, which is very restrictive on what it allows you to do and is not the same thing as a new full British passport.”

Buy a currency card

Beware of inflated bank charges when using cash machines abroad. A currency card preloaded with funds is a much better option.

“Getting one of these is very useful, as usually you get free withdrawals from cash machines throughout the world, rather than the 2% or more your bank will

Failing to effectively plan ahead, from thoroughly researching where to stay, how best to reach your destination... can all hurt your wallet...