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When traveling to Europe, consider off-season which is mainly from October to April. You will be able to save on airfare, and find more budget rooms.

Use a guidebook. Guidebooks cost approximately $20 and will save you a lot of money. An up-to-date guidebook pays for itself on your first day in Europe and you will learn about best places to stay, eat and visit to get more value for your dollar.

Use ATMs rather than travelers checks. You'll get your cash cheaper and faster. Note that they come with transaction fees, but you can minimize them by making fewer and larger withdrawals.