6 useful applications for travel budget management

[Wanderlust Tips May 2018] When you are trying to manage your travel expenses, some smartphone apps will help you organize your expenses faster and use it more economically. Take time to consult the following 6 applications so you will not have to worry about your next trip.

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1. KAYAK

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Kayak is like a friendly and free “tour guide” who always accompanies you. The app contains almost all of the hotel information in the world.

Users can utilize it to select destinations, book rooms and flights, rent transportation on arrival, save trip schedules, and get the information of flight routes. Or they can receive notifications on price changes, explore promotions on finding flights, or even contact the airlines directly to ask for information via the app. Finding the right ones among a large number of airline tickets and hotels is a real challenge.

But Kayak can make it easier for you. One of the remarkable advantages of this application is the ability to filter information even when keywords are extremely long and specific. It’s a great way to make sure your money is spent properly without being wasted. This search engine offers hundreds of websites and analysis to find the best solution for you. You only need to compare the prices and choose the best route. Kayak has attracted over 212,000 loyal users. Kayak is supported on both iOS and Android operating systems.

2. TRAIL WALLET

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This application has been created by the owner of the popular travel blog Simon-Erin Never Ending Voyage and other travel enthusiasts. Trail Wallet allows you to record your expenses and set a daily budget limit. You can easily manage your expenditures for each trip or each month. The application also analyzes your consumption habits to plan a budget for the future.

Whenever spending money, you can use the application, add the money you just used, as well as set different colors to distinguish each type of cost. At the end of the trip, you will receive a chart summarizing your expenses. If the expenses exceed your planned budget, your application will send you a notification. With its superior features, the first version of Trail Wallet has earned the trust of more than 150,000 users and is one of the budget management applications that are easy to use for everyone. Trail Wallet is supported on the IOS operating system.

3. TRIPCOIN

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Think of using Tripcoin when travelling to a place that does not have an Internet connection. This application allows you to quickly see all of your day-to-day expenses, compare actual expenses with your initial budget and suggests the most reasonable options to spend money without connecting to the internet.

Tripcoin helps you understand your consumption habits when travelling so that you can estimate your budget and spend your money effectively. The application also has a currency exchange function with more than 200 units and up-to-date exchange rate. In addition, this application has the function to set a daily budget or total cost per trip, export data to an Excel/Google sheets or report as an image. Tripcoin is being used by more than 105,000 users and is one of the most popular applications for travellers. Tripcoin is supported on IOS.

4. TRABEE POCKET

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This application is mainly used to maintain and calculate expenses while you are travelling to ensure that it remains within the planned budget. Trabee Pocket helps you quickly check the amount of money spent, the amount you should spend. It also acts as a currency converter. One of the best features of this app is the ability to classify your purchases as by cash or credit cards, which can be especially useful if you are using postpaid credit cards. At the end of your trip, you can upload a report on the times you use your credit card to calculate the money you’ve spent. More than 100,000 people have trusted and chosen Trabee Pocket. Trabee Pocket is supported on two operating systems iOS and Android.

5. SPLITWISE

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All of the applications above share the same functions of keeping receipts and tracking costs for travellers. However, if you are travelling in a group and need to subdivide expenditures for each person, Splitwise will help you. Just set up a new trip and add the number of people going with you on the application, and it will track each person on the list you’ve provided. By the end of the trip, things will be easier to resolve; you just need to use Paypal or Venmo to access the application to transfer money. Splitwise is smart enough to handle difficult expense splitting, such as splitting invoices at restaurants. However, Splitwise does not handle money transfer at the current exchange rate like other above applications, but if this function is not necessary for you, then Splitwise is the most useful application for your financial digital tools collection. Splitwise is gradually gaining more reputation with more than 1,000,000 downloads from both operating systems. Splitwise is supported on two operating systems iOS and Android.

6. CONCUR

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Concur may not be suitable for family and friends trips, but this application is a smart choice for those who often go on business trips. If you must constantly travel, have appointments with customers and partners, or go to conferences by public transport, you must record all of the expense spent on business purposes so that the company can reimburse you the costs. Concur will do it for you. This application keeps track of all expenses so that the company knows how much you have spent and the total amount they owe you. A new feature is that you can upload expense reports right on the application so your supervisor can keep track directly. Using Concur makes it easier to collect receipts and make reports. It also attracts more than 1,000,000 downloads, but sometimes this application also makes you feel uncomfortable when having to download reports continuously, so it is recommended to do it at the end of the trip. Concur is supported on IOS operating system.

Oanh Kim | Wanderlust Tips

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