A Whole Bunch of Awesome Budget Travel Tips 2023 (2024)

Do you want to travel more often and for longer?

Do you want financial independence?

Do you want your bank account to stop holding back your adventures?

Do you want to save MILLIONS!?!?!?

Okay, we might not be able to save you millions but if you follow these budget travel tips you will definitely cut the cost of your travels. And what does more money mean? It means you can travel more often and for longer – perfect!

These budget travel tips will help make your travels more affordable no matter where you are in the world. This doesn’t mean compromising on your experiences or enjoyment, a lot of these tips can actually make your adventures more memorable!

So what are these budget travel tips then?

Keep track of your money

Our top budget travel tip: keep track of your spendings! There are plenty of apps which do this but we think a pen and pad is good enough – we like the small spiral bound ones. It’s not always easy to check your bank balance or to know how much you’ve been spending so make a habit of writing everything down at the end of the day.

Live like a local

The locals know ALL the budget travel tips. Eat what they eat, travel how they travel and sleep where they sleep (not literally) and you’re sure to save a bunch of money.

Have a budget

Everyone’s budget is different but make sure you know your own. Plan the length of your trip and what you’ll be doing so you can work out a daily budget.

Make your bank your friend

Pick the right bank account and you can get free withdrawals and no commission. Pick the wrong one and you could be stung for even thinking about withdrawing money abroad. Here’s a good guide for travellers’ bank accounts.

Get off the beaten track

It’s a fact that tourist hotspots are more expensive. Get away from the crowds and watch your spendings drop!

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Carry the right amount of money

No matter who you bank with sometimes you can’t avoid ATM charges. Take out large bundles of cash so you don’t keep having to pay the charges just make sure you keep that money safe. These travel money belts are our choice for keeping cash secure.

Get surfing

Look online for all the best budget travel tips. Local bloggers are a great source of information and you can also search for vouchers and coupons.

Staying with Airbnb? This discount code will save you £25 on your first booking!

Embrace that kitchen!

In most countries it’s much cheaper cooking in your accommodation than eating out. Kitchens are also great spots for meeting other travellers so you can make some amigos whilst saving money!

Besceptical

It’s always good to be open minded however if something sounds too good to be true then it probably is.

Learn the local language

A crucial budget travel tip which can save you tons of money is learning the local language. You don’t have to become fluent but learn the numbers and enough to ask the price of things e.g ‘how much is that’, ‘that’s too expensive’. It’s also a good way to make friends with the locals as you practice the lingo!

Ask travellers for their budget travel tips

Besides the locals other travellers are great resources for budget travel tips. Look for that veteran travel who has ‘done it all’ in the country and ask for suggestions and advice.

READ MORE: Check Out These Awesome Solo Travel Destinations

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Agree a price before and don’t pay upfront

Always make sure you agree a price before committing to something. Although it’s not always possible try to pay for things afterwards to make sure you’ve been happy with the service.

Read reviews

Let other travellers make the mistakes so you don’t have to. Get on TripAdvisor to look at comments and reviews to make sure a company is reliable.

Volunteering is the way to go

Along your travels you will probably come across a whole host of volunteer opportunities. Many of these will give you food and accommodation so it’s a great way to save money. Check out Woofing, Workaway and Helpx for some great experiences.

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Hitchhike

A great way to get around and generally it’s free. Hitchhiking does take some time getting used to but it can be a hugely rewarding experience that will save a crazy amount over the course of your trip. Here’s an awesome hitchhiking guide with all the information you need!

Go for a carry-on

With many airlines charging to check bags in you can save a lot of money and energy just using a carry-on. Besides this it’s quite liberating travelling lightly, just make sure you pack wisely so you don’t have to buy things once you’ve left the country.

Want some budget travel inspiration?

Earn some money on the road

What better budget travel tip then actually making money on the road. Think of your skills and see if you can put them to use when you’re abroad. The opportunities are endless, from English teaching to bar work and it’s a great way to keep your travels going.I used to fire juggle with a hat out and would earn some top dollar!

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Get used to haggling

In some countries the price of everything is open to debate so it’s important to never accept the first price. There’s a real trick to haggling but the best price is one that is good for all parties. Note this is more applicable in some countries than others so don’t try haggling for your tube fare in London!

Think about your accommodation and compare prices

If you’re booking accommodation online then compare the prices. Booking, Hostelworld and Agoda are good places to start.

Be wary of booking through accommodation or travel agents

Whether you’re booking more accommodation, transport or a tour, you should think twice before booking through your accommodation or travel agents. Try and book directly with whoever is providing the service and cut out the middle man. The middle men always take a cut which youwill be paying extra for!

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Go vegan!

We couldn’t leave this one out could we? Morals aside this is a sure way to cut down the cost of your travels because meat will always cost more than plants!

Have a smile

This budget travel tip will brighten up your day and those around you. Who could try and overcharge that nice friendly face?

With all this money saved you can travel so much more – make sure you’re travelling sustainably!

A Whole Bunch of Budget Travel Tips Pt. 2

Yes you heard right, get ready to save even more money with pt. 2 of our budget travel tips. Subscribe to our newsletter so you can know as soon as it’s online!

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If you’ve got any of your own budget travel tips, please tell us in the comments below so everyone can save some wonga!

A Whole Bunch of Awesome Budget Travel Tips 2023 (2024)

FAQs

Is $20000 enough to travel the world? ›

Generally, $20,000 is the baseline cost for a trip around the world for one person for one year. This estimation falls in line with popular recommendations that budget travelers can spend an average of $50 a day on the road, and allows additional budget for flights and vaccines.

What is the most cost effective way to travel? ›

How to travel on a budget: Our 9 best tips
  • Come up with a plan.
  • Travel out of season.
  • Be accommodation-savvy.
  • Pack properly.
  • Book flights in advance…
  • 6. … and be smart about how you fly.
  • Embrace public transport.
  • Don't eat away your cash.

How to plan a trip in 2023? ›

Here're 6 Tips to Plan an International Trip in 2023.
  1. Pick a Destination and the Basics.
  2. Create a Budget.
  3. Perform Intensive Research on Your Itinerary.
  4. Collate Travel Documents.
  5. Book Flights, Accommodations and Transportation.
  6. Pack Light and Enjoy.
Feb 3, 2023

How can I save 100 or more when traveling? ›

Traveling on a Budget: 10 Tips to Save Cash
  1. Plan ahead. ...
  2. Create a budget before the trip. ...
  3. Travel during off-peak seasons. ...
  4. Check Groupon and LivingSocial for savings. ...
  5. Avoid hotels when possible. ...
  6. Look for discounts before you go. ...
  7. Travel with a friend. ...
  8. Don't be afraid to haggle.

How much money do you realistically need to travel the world? ›

So, How Much Does it Cost? In general, you should expect it to cost between $25,000 to $35,000 per person to travel around the world for a year. This rough estimate comes from reading travel budgets of other bloggers, various travel planning resources, and our own experience. This is just the midrange.

How much money do I need to travel the world for 6 months? ›

Just take that $20,000 and divide it by 12 months to set your monthly savings goal. You'll need to save a bit more than $1,600 each month to make that happen. Or, if you're looking to travel for 6 months, you'll need about $10,000, which means you'll need to save just over $800 a month for a year to achieve your goal.

Is it better to save money or travel? ›

In the end, the choice is yours

The choice between saving money (for say, a first home deposit) and seeing the world is a difficult one. There's no doubt that traversing the globe expands your horizons and provides invaluable life skills like independence, strength, resilience and self-confidence.

What is the cheapest way to travel from state to state? ›

Two major bus services offering routes across the United States are Flixbus and Greyhound. The extensive networks of Flixbus and Greyhound can get you almost anywhere in the United States inexpensively when compared to flying, train, or driving.

Where not to go on vacation 2023? ›

Learn about your destination
AdvisoryLevelDate Updated
Iraq Travel AdvisoryLevel 4: Do Not TravelOctober 22, 2023
Italy Travel AdvisoryLevel 2: Exercise Increased CautionJuly 26, 2023
Jamaica Travel AdvisoryLevel 3: Reconsider TravelJanuary 23, 2024
Jordan Travel AdvisoryLevel 2: Exercise Increased CautionJuly 13, 2023
144 more rows

What is the cheapest month to travel 2023? ›

The cheapest months to travel are:
  • November – early December.
  • Late January – March.
Jul 15, 2023

What is the most visited place 2023? ›

Istanbul was the most-visited city in the world with over 20 million international travelers in 2023. Euromonitor International ranked the most visited cities in the world based on the number of international arrivals.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How to save $5000 in 100 days? ›

The 100-envelope challenge is pretty straightforward: You take 100 envelopes, number each of them and then save the corresponding dollar amount in each envelope. For instance, you put $1 in “Envelope 1,” $2 in “Envelope 2,” and so on. By the end of 100 days, you'll have saved $5,050.

How can I travel more often on a budget? ›

22 Ways to Travel More—Even On a Small Budget
  1. Take shorter trips more often.
  2. Take advantage of long weekends and holidays...
  3. 3. ... And shoulder seasons...
  4. 4. ... ...
  5. Go where—and when—the deals dictate.
  6. Prioritize inexpensive destinations.
  7. Work remotely when possible.
  8. Examine your prioritizes and eliminate expenses.

How much money on average do you need to travel? ›

2024 average vacation cost: Breakdown of travel, food and more. How much does the average vacation cost? The average vacation for one person in the United States costs about $1,986 per week. A vacation for two people will typically cost around $3,971 per week.

How much money do you need to travel to Japan? ›

Overall, a budget traveler can expect to spend around $50 to $100 per day in Japan, while a mid-range traveler can expect to spend around $150 to $250 per day. It's important to plan ahead and research activities and costs to create a budget that works for you.

How much money do you need to travel to Europe? ›

How much does a European vacation cost?
ExpenseEstimated cost
Local transportation$0 to $30 per day, depending on whether you walk, drive, or use public transportation
Food & drink$25 to $100 per day, depending on whether you are cooking or eating out
Attractions$0 to $100 per day
Spending money$0 to $100 per day
2 more rows

How much of your budget should go to travel? ›

Miller recommends using the 70/20/10 breakdown. This means 70 percent of your income should go toward household expenses, including debt. Twenty percent should be put into savings, including retirement. That leaves 10 percent of your income for wants, including travel, or for additional savings.

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