Best Way To Travel The World On A Budget – The biggest hindrance to travel is money, but it shouldn’t be! Discover how to travel on a budget and get amazing international experiences without breaking the bank.
Alternatively, traveling abroad while spending your hard-earned money wisely is rewarding and relatively easy.
Best Way To Travel The World On A Budget
Don’t you believe me? Learn how to travel on a budget with these 10 money-saving travel hacks. We’ll cover everything from how to find cheap plane tickets any time of the year to how to make a job exchange to the best places to travel abroad on a budget.
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You know how your parents, college advisers, and banks always tell you to budget? Because it really helps with money management!
Creating and having a planned daily budget can make travel cheaper and alleviate concerns about overspending.
When I took my first overseas trip to Costa Rica in high school, I had to save up the money I’d made babysitting and make a “pay it back” plan with my parents. It was annoying, but it worked, and by the end of the trip, I had money for travel expenses and souvenirs.
A useful tool to help you plan your spending is the Budget Calculator. This specific calculator will actually help you save on specific countries you are interested in traveling to.
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Since you’ll want to account for exchange rates, it’s wise to specify them by country. In addition to the budget calculator above, you can use XE Currency or download the app version to calculate exchange rates.
A travel budget tool like TrialWallet can put you on the right track for the experience you want abroad. Apps like this keep track of lodging, entertainment and transportation costs on the go!
Have emergency cash in case your rental car breaks down unexpectedly and drinks for new friends at the bar. We also recommend using backup payment methods (credit and debit cards). Carry your debit and credit cards and inform your bank before you travel so they don’t mark your purchase as a fraudulent charge.
A travel credit card with a sign-up bonus of $500 USD or more can help budget-conscious travelers. You can continue to earn points on purchases that can be used for flights, car rentals and lodging. Check out great deals at Chase Sapphire Preferred, Capital One Venture Miles, and Citi ThankYou Premiercards (just make sure you can pay it off each month to avoid interest).
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Setting a flexible destination will help you stay within budget constraints. Even with just a few options, you can have a lot of impact. Also – delete your cookies! It’s not the tasty chocolate chip variety, but friendly airlines and booking sites use it to increase the fares you see when you search for flights.
Here are some recommended resources for booking travel. Airlines often get good deals because they need to fill empty seats at the last minute.
• Scott’s Cheap Flights – Receiving daily emails can be annoying unless they provide you with up-to-date information on the cheapest flights found on the internet based on your location! Scott’s makes it easy to find flights. If only I had more time to work…
• Momondo – In this day and age, it’s hard to know if you’re really getting the most out of your money. Momondo does not use cookies to increase or change rates based on your past searches.
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• Adioso – A very easy to use site for people with flexible travel plans. You can search as broadly as you like (e.g. for two weeks at some point in July in Los Angeles). Then sit back and relax while Adioso finds the best deals!
• Kayak – You’ve probably heard of this. But did you know that you can add “Anywhere” as a destination filter? Even if you already know where you want to go, it’s fun to play with!
• Skyscanner – Check out this site for really good deals, as we work directly with airlines and third parties to find exclusive deals. It also has a nice map feature in case you want to take a closer look.
Apps like Hopper and Fareness are also great resources for finding the best value flights. Keep in mind that in some cases, savings mean longer stopovers, extra connections, and longer travel times.
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Wondering how to travel Europe on a budget? Do you want to see New Zealand’s beautiful scenery?
Whether it’s a short trip across the pond or a long trip halfway around the world, it’s wise to research the rates before making a purchase. The apps mentioned above can help you identify the perfect time to buy, usually two to three months before your trip.
In short, yes. The following options are just a few of the many ways you can travel internationally on a budget. However, some preparation is required and you should expect a somewhat unorthodox international experience.
Couchsurfing is an affordable way to travel used by thousands of travelers worldwide. Residents or hosts of overseas communities accept travelers as guests and provide sofas, beds or extra rooms free of charge, regardless of nationality.
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Couchsurfing is dedicated to connecting locals and travelers with the sole purpose of promoting cultural exchange and mutual respect.
The locals who welcome bank surfers are usually open-minded and eager to interact with the world around them. It’s not always possible to get world-class accommodations, but it’s important to keep in mind that it’s usually an enriching experience for surfers and hosts alike.
Visit Couchsurfing to create a profile and make sure it’s friendly and accurate. Then search the city you’re traveling to and find potential hosts! Send them a nice message and include your reason for wanting to travel to their hometown. You really can’t beat free when you’re trying to travel on a budget!
TrustedHousesitters is another fun and affordable way to secure free accommodation. You will volunteer to look at other people’s homes, pets and/or plants in lieu of a roof over your head in your quest for adventure.
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Other housesitting sites that connect housesitters with homeowners around the world include Mind My House and HouseCarers. You may have to pay an annual fee to get in touch with your landlord, but it’s available to fit your travel budget!
Want to enjoy the outdoor lifestyle and save money? Consider camping, especially if you are traveling to a more temperate climate!
You can secure campsites using resources such as FreeCampsites. If you’re going this route, keep a few things in mind:
• Pack properly! Be sure to bring a tent, sleeping bag, air mattress or sleeping pad, water filtration system and flashlight.
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• Local laws regarding fire, trespassing and acceptable campsite behavior vary, so do your research before you go.
• “Leave memories, only footprints” – Keep your campsite clean for others to enjoy in the future. You wouldn’t want someone trashing your backyard!
Airbnb has really exploded over the past few years, but it’s still a great way to save a few bucks and get more of an authentic experience.
Right now, whenever possible, I only use Airbnb for travel. Not only is it a great way to travel on a budget, but you can also get recommendations from hosts and tips to save even more.
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When I recently stayed at an Airbnb in Napa, CA, I was given a bottle of wine upon arrival!
Travel in exchange for what you already do and are good at. An added bonus: you can actively and responsibly give back to the communities you travel to while saving money!
In addition to making travel easy, affordable and sustainable, hosts give you the opportunity to become part of a community and build friendships that will last a lifetime!
For more tips on how to travel the world on a budget, check out Broke Backpacker’s first-hand account of what it’s like to travel together!
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I’ve found that community service abroad is one of the most rewarding ways to travel on a budget.
As mentioned above, many people have opportunities to volunteer abroad through social impact programs. In a few weeks from now, an NGO in Togo could be teaching kids soccer, or lending a helping hand in a reserve in Borneo!
And don’t forget the work exchange program! Explore Bangkok while working as a receptionist at a local hostel, or develop a social media plan for a guesthouse in Jamaica. These are both .
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There are many other overseas volunteer organizations, but you’ll want to make sure they’re reputable. Read reviews from previous participants and make sure you are getting your money’s worth if they charge a fee.
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