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Traveling the world and discovering new places is a true passion for many; keeping travel expenses under control is essential to avoid major headaches, especially at the height of all the fun.
Of course, setbacks can occur; however, planning your finances carefully is everyone's responsibility! Knowing what's coming in and going out of your bank account is just the first step.
Your travel expenses in just a few taps
Managing expenses can be a real challenge, especially during longer trips. Physical and mental fatigue can make simple tasks more complicated; however, certain digital solutions can centralize your efforts in one place, making everything easier, simpler and more intuitive.
Missing out on the best moments because you don't have your bills in pencil doesn't have to be an option. Take advantage of the apps below, sort out your plane tickets and check if you're missing anything in your backpack.
Tripcoin
- App Store [DOWNLOAD]
Image: App Store
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This powerful app helps you track all your travel expenses in a straightforward way. Unfortunately, it’s only available for iOS. It would be great if it appeared on Google Play.
There are no travel log limits. Enter as many as you need and track all your expenses without any limitations. Create richly detailed entries about all your travel expenses, too.
One of its great advantages is that it doesn't need internet access all the time to work. Its offline mode allows you to record travel expenses even when you're out of the area. This is incredibly useful when you're heading to a new region but haven't yet gotten a new internet access chip.
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Additionally, Tripcoin supports over 100 currencies. Your spending can be automatically converted to your local currency, so you’ll know exactly how much you’re spending based on your fiat currency earnings.
Another great feature of this app is that it can automatically back up your data to Dropbox, one of the oldest and most popular cloud storage services in the world. Your data will be protected by encryption.
Trip Expense Manager
Image: App Store
This powerful app makes tracking your travel expenses really simple and practical. Everything you spend can be quickly entered and categorized for your convenience.
A very interesting feature of Trip Expense Manager is that it can be used by solo travelers, couples, or groups of people. Managing different profiles is very intuitive and clear – something that is not so common in this type of software.
Its interface is among the most user-friendly of all; therefore, you don't need to be an expert in mobile applications to enjoy all its features. In addition, you can create several different trips and detail your expenses separately.
Another very interesting point about this app is that you can create a list of all the places you intend to visit during your travels; in addition to not missing out on any incredible moments, it is a great way to keep your bills under control.
Your data can be exported to an Excel spreadsheet. This way, everything will be detailed and accessible whenever you want. If you are traveling on behalf of a company, this type of information can be essential when reporting to the board.
Custom graphs will help you keep full control over your travel expenses. Bars by category, person, and date are just a few examples.
TravelSpend
Image: Google Play
Looking for a free and complete travel expense app? TravelSpend helps you keep track of all your expenses while traveling in or out of your home country.
Read also: The best cloud storage apps!
In addition to entering complete information about your expenses, you can also add photos and divide them into several days. This is a great way to create visual reminders and never forget to keep track of all your expenses.
Like most of its competitors, TravelSpend automatically converts all your expenses to the fiat currency of your home country. There’s no need to waste several minutes of your day doing difficult and tedious conversions, that’s for sure.
All data is synchronized in the cloud. This way, group members can check data related to debts and other issues. This is one of the most interesting solutions on this list when it comes to sharing expenses.
Nomad
Image: Google Play
How about a complete and modern digital account to control all your travel expenses? Nomad allows you to open a dollar account to make payments anywhere that accepts the currency. In other words, practically everywhere in the world.
One of its advantages is that it does not charge opening or maintenance fees; once approved, your account can be used without restrictions. It includes an international debit card to make online purchases in more than 180 countries.
Certain services, such as currency conversions, have very transparent fees: don't be surprised by hidden charges in the fine print.
If you wish, you can invest in dollars through the platform. There are fixed income options, ETFs and REITs (real estate funds traded on the stock exchange in the United States). The minimum amount is US$$ 1. It doesn't get any more affordable than that!
Additionally, you can withdraw cash for free from Allpoint ATMs. You can make up to two free withdrawals per month from different ATMs.
What's your next destination?
Breathing new air and discovering new places is a very relaxing and rewarding experience. However, for everything to go smoothly, your travel expenses need to be properly controlled.
Robust apps like the ones on this list make everything more organic and smooth. Some of them even work without an active internet connection! That’s great if you travel to places with no signal, right?
Live each day as if it were the best day of your life.