Save Money While on Business Trips

By Matthew Paulson, published Mar 15, 2007
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During my summer job I have the privilege of traveling around the entirety of eastern South Dakota to do computer support at about a dozen different courthouses. This is no small territory to cover when there are problems that we can't fix remotely, so there's usually a day or two every week that I get to drive out to one of those places, take care whatever the issue is and come back. Last summer I probably drove about 3,000 miles between courthouses when all was said and done. Going on such business trips can be quite expensive if you don't be careful. Here are some great ways to save money while traveling on business trips.

Take mileage if you can - At a lot of places of employment, you'll have the travel option of either driving a company vehicle or being reimbursed at about 40 cents a mile. If you don't have a brand new vehicle, in most cases it's a better option to take the mileage. If gas is $2.50 a gallon, and you have to drive 200 miles at 25 miles to the gallon, you would only spend $20.00 in gas, but be reimbursed $80.00. That's an easy $60.00 you can pocket if you have an older car that you're going to drive until the wheels fall off anyway.

Be Smart With Your Meals - It's very tempting to go out to a nice sit-down restaurant when you're traveling and enjoy a nice meal because you're being reimbursed for it. If they reimburse you by receipts, go ahead and enjoy eating all you want. Some places, such as my employer, pay a flat rate of $9.00 for lunch. Usually I end up spending about $3.00 for lunch on a soda for the road and a burger, and pocket the other $6.00. Try to shop at grocery stores and get inexpensive food rather than going out to eat for every meal.

Don't Go Overboard with Snacks - It's very tempting to stop at a gas station every couple hours and pick up a soda, some beef jerky, a candy bar, chips, or some other munchies for the road. One stop won't kill you, but over time they're going to add up to $10.00 or $20.00 a trip that you didn't need to spend. Buy snacks at the grocery store beforehand to save money instead of overpaying at convenience stores.

Save Money While on Business Trips

Travel

Credit: VGI

Copyright: VGI

Takeaways
  • Business trips can be expensive if you are not careful.
  • If you make good use of your reimbursements, you can earn money on busines trips.
  • Stay hydrated, buy food from grocery stores, and stay in cheap hotels.
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