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SLIDESHOW: Travel for Less in 2013

3. Know the public transit system.

3. Know the public transit system.

Nothing saves you money - and, in a lot of cases, time - like understanding how to get around a big city using public transit. With a day pass for Toronto's transit system, you can visit the CN Tower, ritzy Yorkville, the eclectic Beach neighbourhood, trendy Queen West and still have time to stroll through High Park, all for $10.50. Considering that a single fare costs $3, that's a big savings. Plus, on weekends, a family day pass, which also costs $10.50, offers even greater value.

SLIDESHOW: Travel for Less in 2013

1. Book your vacation early.2. Pay for as many of your expenses as you can in advance.3. Know the public transit system.4. Use cash and get it at an ATM.5. Book your flight on Tuesday at 3 p.m. ET
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