Book your tickets and hotels well in advance
Early travel bookers usually have a great advantage over their less timely counterparts in the sense that they get the very best deals.
Those who are not proactive end up with the leftovers. For example, if you are traveling by air, the more you procrastinate, the costlier the tickets become.
By booking early, you can compare airline prices and get tickets for the most cost-effective flights.
Always look for cheaper modes of travel
If you don’t plan on going very far, you may consider looking for cheaper options of transportation such as taking a bus, train or car.
Once you decide to travel, you should remember this rule of thumb: The faster the mode of transport, the more expensive your trip will be. So choosing a relatively slower means of transport will save your hard-earned money.
Save money wherever you stay
When traveling on a budget, look for ways to save money. Check out the many low-cost options like hostels, Airbnb, or other boarding facilities. These options are usually a whole lot cozier and less expensive when compared to some of the fancy brand-name hotels.
If there are people you know in town, you can ask to stay with them (you can also return the favor when they come over to your city). This may help you save on both hotels as well as eating expenses.
Behave like the locals
If you start behaving like a tourist, you will become a tourist and will be charged accordingly. Avoid the fancy restaurants and tourist spots.
Behave just like the locals by eating and roaming around in the places frequented by them and you'll to save a lot of money.
Cook your own food
Food is arguably the single most important necessity on any trip. It is also a very expensive part of your trip. However, if you stay in a boarding house, hostel, or Airbnb, you may be able to cook your meals.
Most of the above-mentioned stay options usually allow unrestricted access to their kitchens. Purchase fresh veggies and other products from the local markets and save cash by cooking for yourself.
Pack yourself a sandwich or snacks to munch on during your travel days instead of grabbing something to go and your body and wallet will stay well fueled for the trip.
Try not to pay in hard cash
This is also a really smart way to save your valuable funds while traveling. Instead of money, you can offer to do odd jobs and other work in exchange for meals and accommodation.
Many travelers take temporary jobs for a fixed period — and it just might be a one-of-a-kind experience that you will end up cherishing for the rest of your life.
Take a road trip
You could consider taking a road trip in your car, so you don’t spend money on extra transportation. It would also be a good idea to equip yourself with an international driving permit to ensure a safe driving experience in foreign countries.
It is possible to enjoy a great traveling experience, even on a low budget. All you have to do is to cut down on your expenses as much as possible to enjoy the trip of a lifetime.