Everybody wants to travel the world. And in order to do that you need money, plain and simple. But one thing people overlook is how affordable you can make your adventures. You don’t have to be a millionaire. Save some money, think about a trip, then follow these 5 tips:
1. Go somewhere where your money goes farther
One of the easiest ways to spend less money on a trip is to go to a place where the daily cost of living is low. For myself and many backpackers, a place like Southeast Asia is enticing for that very reason. In that region of the world, you can get by on $20 per day (food and lodging) no problem. This could also be Central America, certain spots in Africa, and even Eastern Europe. If you want to budget your money and not worry about spending everyday, then going to places around the world where the daily cost of living is lower can help you do that.
2. Pick the right time to go
Now, there is never the wrong time to go on an adventure. Just getting out there and exploring is money well spent. But knowing the season wherever you go will help you save money. Every destination has a high and low tourist season and that can determine the prices of the lodging and activities you choose. It can also determine the cost of your plane tickets. I have mentioned this before – there are pros and cons of going in peak or low tourist season. But the big pro of low season is that it’s cheaper. The more money you save, the more financial freedom you can have on your trip.
3. Choose Cheap Lodging
When you travel, your goal should be to spend as much time as possible exploring your destination. If you focus on that, then you put less emphasis on where you sleep at night. Budget travel works this way. Lodging is one of the main expenses on any trip, and if you choose cheaper accommodations, then you can save some serious dough. We are talking about the difference between $100/night and $10/night. Opt for a hostels over hotels. Guesthouses over resorts. And the cheapest of them all: camping.
4. Do things that are free
This one seems obvious right? No matter where you are in the world, there will always be amazing things to do that cost no money at all. Go hiking. Borrow a bicycle and cruise around. Walk around the city and explore the local markets. And my favorite: set up a hammock and nap by the beach. You can save a lot of money by not booking guided tours and paying entry fees to places. This will also help you feel like more of a local, and give you a more organic traveling experience.
5. Be your own travel agent. Do research
You are the best travel agent money can buy. There are a wealth of resources available to you in order to follow the tips mentioned above. Don’t be intimidated by planning things for a land you’ve never been to. People do it everyday! And after you plan one successful adventure, your next one will be easier. You may even find enjoyment from researching and planning trips. Do it enough, and other people may ask you to plan theirs.
Follow these 5 tips and you will ace budget travel. Start planning your next trip and make those dreams become reality.