Budget Travel: 6 Reasons Why I Love It … And You Should Too!
 (2024)

A determined nomad who doesn’t like to work too much, I’ve always had to make sure I can travel cheap in order to fulfill my itchy feet syndrome!

From backpacking in southern Africa at the tender age of 19, to hitching my way across Europe, couchsurfing in Latin America and now road tripping Australia in a beat-up old Landrover, budget travel has been at the heart of what I’ve been doing with my life for over 10 years!

As such, I’ve picked up a more than just a few tips about how to travel on a shoestring and live the life of a globetrotting cheapskate!

Yes, I am a well and truly sold-up fan of the budget travel brigade and here are 6 reasons why you should be too!

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#1 Makes the World More Accessible

The number 1 reason why I love budget travel is, quite simply, because it allows people to adventure round the world for cheap.

This means, of course, that more of the world is accessible to more people.

Was the only form of travel available that of luxury, then I, for one, would not have been lucky enough to see as much of this incredible globe as I have.

Budget travel makes exploring this glorious planet more available and more possible for more people and I can’t help but be a fan of that!

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#2 Makes Me Happy with Less

Travelling on a shoestring, with very little in the way of possessions, has only ever showed me how little material stuff I need to be happy.

Either making do with less due to economic necessity, or selling what I do own in order to fund a trip, budget travel has taught me how to be happier with less when it comes to material possessions; how to live frugally and how to love it!

This is such a great lesson for anyone to experience and is definitely a reason to jump aboard the budget travel fan-train too!

#3 Makes Me Feel Free

I love the freedom of not being tied to material possessions that budget travel gives me and I love the lack of restriction that comes with this.

The fact that I know I can be happy almost anywhere in the world with only a few basic object is very liberating and this is one the greatest gifts of budget travel.

I feel absolutely alive when I only have 1 rucksack and myself in this wide world and I feel absolutely exhilarated when I can carry everything I own on my back.

Being self-reliant and self-reliant in this way, is definitely one of the top reasons why I love budget travels and you should too!

#4 Makes Me Take Risks

I also love the sense of freedom I get from budget travel as it rarely involves a set plan.

When you’re always looking for the cheapest ways to do things, budget travel opens you up to not having life set in stone, to your day not being predictable, to everything not being safe and easy.

Instead, budget travel makes me take more risks, from couchsurfing and hitchhiking round the world, to catching night buses and interacting more with strangers, budget travel forces me out of my comfort zone … and I love it!

#5 Puts Me in Touch with Local Communities

In many cases, budget travel has allowed me to interact and engage with local communities across the globe in a way that luxury travel perhaps wouldn’t.

Whether it’s staying with local people, eating in local places or shopping in local markets, traveling frugally has forced me out of asafe zone and into life on the ground in all sorts of wonderful and different countries.

I love this element ofbudget travel, in fact it is one of the main reasons I do travel and you should too.

As such, the way in which cheap adventuringcan put you in touch with local communities is definitely one of my favourite things about this mode of seeing the world.

#6 Makes Me Feel More Alive

Because with all this risk-taking, meeting of strangers and openness to flexibility, probably the biggest reason I love budget travel is because it makes me feel more alive.

Now this might sound like a bit of a cliche, but I honestly it really is true.

There really is something about trying to make my money last longer while I’m away that feels more “real”, more genuine, more earthy somehow.

Perhaps it’s because everything becomes valued when you are forced to put a price on it, to assess its worth, to weigh up its importance.

As opposed to luxury travel, where money isn’t so much of an object and you don’t have to consider or deliberate every penny spent, budget travel doesn’t always allow you to take the easy route.

Instead, budget travel brings with it a sense of the need to survive, of the need to struggle, of the need to do what you can, when you can to get by.

There is something so real in this – a situation that is indeed a daily reality for so many people less fortunate on this planet – that somehow the struggle, the harder route, make me feel more alive.

PIN IT TO PINTEREST!

So there you have it, my tribute to budget travel, why I love it and why you should too.

Are you a budget backpacker or more a family flashpacker?

Let me know about your style of travel and why you love it too.

Budget Travel: 6 Reasons Why I Love It … And You Should Too!
 (2024)

FAQs

Why is it important to have a budget for travel? ›

A travel budget helps you create a realistic list of expenses, whether you're in the planning process or saving up for a potential trip. You're less likely to be caught off guard by expenses and make the most of your trip if you learn how to budget a trip ahead of time.

What's a good travel budget? ›

The average cost of a domestic vacation in 2023 was estimated at $283 per person per day, a total of $1,584 per person for a weeklong trip, by BudgetYourTrip.com, a travel expense website. That includes an average of $206 per night in a hotel room, $37 per day for transportation, and $46 a day for food.

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.

Why is traveling with money important? ›

Here are some reasons why money is important for traveling: Accommodation: Unless you plan on sleeping on the streets, you will need to pay for accommodation when you travel. Having sufficient funds can allow you to choose from a range of accommodation options, including hotels, hostels, and vacation rentals.

What are 3 benefits of using a budget? ›

Budgeting keeps your finances under control, shows when you need to make adjustments to your spending, and helps you decide where your money goes instead of wondering where it all went.

What is a budget and why is it important? ›

A budget is a plan you write down to decide how you will spend your money each month. A budget helps you make sure you will have enough money every month. Without a budget, you might run out of money before your next paycheck.

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 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.

Is $100 a day enough for Europe? ›

It all depends on where you're going and what you plan to do during your trip. As you can see from our travel costs table above, some European cities are cheaper or more expensive than others. As a general rule, though, it's a good idea to budget at least $100 a day for your vacation.

Is 10% travel a lot? ›

Often, employers list 10% travel time with little intention to actually require travel because it is something that is needed occasionally. Plenty of people in such positions go years between trips.

How much does a vacation cost? ›

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 a day to travel? ›

Deciding where to go and what to pack is stressful enough, let alone trying to determine how much money you need to bring. The general consensus is that you should have $50 to $100 in cash per day for each traveler.

Does travel make you richer? ›

Many people define being rich as having a lot of money or assets. From the financial aspect, travel is usually a big expense and causes a reduction in your assets, but it really gives you many invaluable things that make you richer in many aspects like experience, knowledge, friendship, etc.

Is it better to save or travel? ›

It is, however, the first rule of good budgeting that you save first and spend later. What this may often translate into is a less expensive domestic holiday instead of a foreign vacation, but try not to compromise on it.

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.

Is 5000 enough for a trip? ›

On a $5,000 budget, you'll be able to spend a week at a nice all-inclusive resort while still having extra cash for airfare and day trips. Imagine waking up to the roar of the surf, snacking on a loaded buffet and heading out to snorkel or sail before returning for some R&R and evening festivities.

How much money do you need for a 3 day trip? ›

Budget Travel Tips for Weekend Getaways

According to Budget Your Trip, the average daily cost of a vacation for just one person comes to about $224. This means that a 2-day vacation would cost $448, a 3-day vacation would cost $672, and a longer 4-day vacation would cost $896.

How much money do I need for 2 weeks in America? ›

How Much Spending Money You'll Need in the USA for 1, 2 or 4 Weeks
Spending Money1 week2 week
BudgetUS$750-1200US$1500-2000
Mid-RangeUS$2000US$4000
LuxuryUS$5700US$11,400
Dec 20, 2023

Is 20% travel a lot? ›

Also, 20% travel could mean overnight travel once a week or a full week out of town every 5 weeks or a full month out of town every 5 months. So it's important to ask for specific examples of what the travel will look like if you are agreeing up front to travel requirements for the role.

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