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Travelling on a Shoestring Budget: How to Explore the World Without Breaking the Bank

August 24, 2023 · In: Budget Travel, Travel

Have you ever wondered how so many people are able to travel so much, despite the fact that travelling often breaks the bank? Travelling on a shoestring budget might actually be easier than you’d imagine!

I know what it feels like to be that person stuck at home while all your friends are spending their holidays galavanting around Europe in summer. It often makes you feel like you’re doing something wrong.

But this is not true, 

With careful planning, intelligent choices, and a little creativity, you can take incredible adventures without breaking the bank.

In this blog post, I will talk you through some practical tips and strategies to help you travel on a shoestring budget, making your dreams of exploring Europe next summer turn from a dream to reality!

Table of Contents

  • Embrace the Art of Budgeting
  • Choose Affordable Destinations
  • Travel During Off-Peak Seasons
  • Be Flexible with Your Travel Dates
  • Opt for Budget-Friendly Accommodations
  • Master the Art of Transportation
  • Eat Like a Local
  • Prioritize Free or Low-Cost Activities
  • Travel Light and Pack Smart

Embrace the Art of Budgeting

Creating a well-planned financial roadmap is one of the first steps to successful budget travel. Start by setting a realistic travel budget that includes transportation, accommodation, food, activities, and miscellaneous expenses. Research the cost of travelling in your desired destinations and allocate funds accordingly. Tools such as budgeting apps or spreadsheets can help you track your expenses and ensure you stay on track throughout your journey.

Here are some things to think about:

  • Daily cost of food (and over-exaggerate this)
  • Drinks (coffee, orange juice, alcohol, etc.)
  • Transport costs
  • Emergency fund
  • Insurance costs (because that shit is pricey)
  • Will you need any new equipment or clothing for the trip you want to take? 
  • Snacks (because travel makes you hungry!)
  • Tipping 

Choose Affordable Destinations

When you’re traveling on a shoestring budget, selecting destinations with lower costs of living can significantly stretch your funds. Look for countries or cities where your currency holds more value or regions with a wide range of affordable options.

Southeast Asia, parts of Eastern Europe, and certain South American countries are known for offering incredible experiences without burning a hole in your pocket. They’re cheaper than countries like Australia, Canada, and America, and they’ll also give you some of the most authentic experiences of your life.

Before you travel, make sure you do a lot of research to find out the realistic cost of a day travelling in the destination. When I travelled to Morocco and Turkey, I was under the impression that these countries were on the cheap side. Unfortunately, the exchange rate from Australia to the Lira (Turkey) and Dihram (Morocco) was awful, not to mention how expensive these countries were (particularly Turkey).

Be prepared. Realistically. 

Vibrant bazaars and minarets adorn the bustling streets of Istanbul, Turkey. In the foreground, a girl stands on a balcony at Seven Hills resort and while in the distance, the iconic silhouette of the Blue Mosque graces the skyline against a backdrop of cloudy blue skies. A harmonious blend of ancient history and modern energy, this photo captures the essence of traveling in Turkey.

Travel During Off-Peak Seasons

Timing can greatly impact the cost of your travel.

Avoiding peak tourist seasons allows you to secure cheaper flights, accommodations, and activities.

For instance, Europe in the peak of summer is one of the busiest times of year and will certainly break the bank if you are trying to travel on a budget. Christmas flights are also another popular time travel all over the world may see an increase in prices.

Research the low seasons for your desired destinations and plan your trips around them. Not only will you save money, but you’ll also enjoy fewer crowds and a more authentic local experience.

Under the vibrant summer sun, the iconic colorful houses of Cinque Terre cling to the rugged cliffside, each hue a testament to the coastal charm of the Italian Riviera. Above, fluffy white clouds form a picturesque dance across the azure sky, casting playful shadows on the picturesque scene. A harmonious blend of nature's beauty and human ingenuity, capturing the essence of a perfect summer day in Cinque Terre.
Travelling the very pricey Cinque Terre in summer

Be Flexible with Your Travel Dates

Flexibility in travel dates can open up a world of cost-saving opportunities.

Use fare comparison websites or sign up for airline newsletters to stay informed about discounted flights and special offers.

If your schedule allows, consider traveling during weekdays or shoulder seasons when prices tend to be lower. Being open to adjusting your travel plans can lead to significant savings.

***Note: It can be hard for students to get time off on days and weeks that are within the semester. For this reason, I recommend ensuring you plan ahead to be able to get the cheapest rates possible for semester breaks. 

Silhouetted against the stunning sunrise, a figure stands in the foreground, their face gently illuminated by the warm, golden hues of the morning light. In the distance, the magnificent Duomo di Milano rises majestically above the cityscape, its intricate architecture contrasting with the serene sky. A captivating moment where the beauty of nature and the grandeur of human creation converge
Travelling to Europe throughout semester break in 2023

Opt for Budget-Friendly Accommodations

This might be obvious, but hostels really are the cheapest and best option in almost any country.

However, a lot of people have issues with hostels and want to avoid these places even when travelling on a budget.

Accommodation expenses can eat up a considerable portion of your travel budget. If you’re set on avoiding hostels (though they truly are the best options), look beyond traditional hotels and explore alternative options.

Guesthouses, homestays, and even house-sitting or pet-sitting opportunities offer affordable alternatives while providing unique cultural experiences.

Additionally, platforms like Airbnb and Couchsurfing can connect you with locals who are willing to share their homes or provide inexpensive lodging options. These may not always be the best option for you when travelling solo or when travelling to certain countries, but it’s always good to have a look in case you can snap up something that doesn’t break the bank.

Seated comfortably, a figure enjoys a moment of tranquility with the captivating backdrop of Chefchaouen, Morocco. The city's distinctive blue-washed buildings create a striking contrast against the rugged landscape, while the distant mountains add depth to the scene. A harmonious blend of relaxation and vibrant culture, perfectly framed in this picturesque moment.
Stunning guesthouse with Chefchaouen, Morocco behind me

Master the Art of Transportation

Getting around your destination efficiently and affordably is crucial to travelling on a shoestring budget and not breaking the bank. 

However, to do so can be tough. That’s why I recommend researching the local transportation options available, such as public buses, trains, or shared taxis. In some cities, walking or biking might be the best way to explore while keeping costs down. 

Consider purchasing city passes or transportation cards for unlimited access to public transportation, which can be more economical than buying individual tickets.

Another option is to choose a hop-on-hop-off pass for a day or two to get around the city and see all the attractions you want to see. Though these passes don’t tend to be too budget-friendly, they often enable you to travel farther and see more, while also avoiding having to board a public bus ot worry about taxis.

*** Important note: For solo women, public buses and taxis may not be the safest option in some countries. I recommend reading up on how safe certain countries are for these modes of transport. Safety is always the #1 most important thing when travelling, and I often splurge on transport to ensure my safety. 

Through the airplane window, a breathtaking sunset paints the sky in a symphony of warm oranges, pinks, and purples. The fading light casts a serene glow on the wing, while fluffy clouds catch the last rays of the day. A tranquil and awe-inspiring aerial perspective of the world transitioning from day to night.

Eat Like a Local

Sampling local cuisine is an integral part of the travel experience. 

However, dining out for every meal can quickly deplete your funds. Especially in countries where food can be as expensive – if not more expensive – than the country you’re from.

Embrace local food markets, street food stalls, and affordable eateries where you can savor authentic flavors at a fraction of the cost. 

Take advantage of grocery stores to buy snacks and prepare simple meals, especially if your accommodation has kitchen facilities.

And most importantly, book accommodation where breakfast is included in your price, so you can fill up in the morning and then stock up for the rest of the day! 

Tip: When traveling to places with included breakfast, bring a reusable coffee mug to fill up your mug before heading out for the day. This way, you can save on needing to buy a second coffee when you go out. You can also do this for snacks and fruit, though don’t take advantage of the generous breakfast you’ve received!

Amid the charming streets of Cinque Terre, a contented figure holds a mouthwatering panini, a true delight for the senses. The colorful architecture forms a vibrant backdrop as the person's satisfied expression mirrors the savory joy of their meal. A perfect moment of culinary indulgence against the picturesque backdrop of this Italian coastal gem.
Enjoying a super cheap local delicacy in Cinque Terre for lunch

Prioritize Free or Low-Cost Activities

Exploring a destination doesn’t have to break the bank.

When travelling on a shoestring budget, seek out free or low-cost activities and attractions, such as public parks, museums with discounted entry days, walking tours, or local festivals.

Engage with the local community by attending cultural events, exploring public art installations, or participating in community-led initiatives. Or my favourite activity of all – simply just walk and see where you end up. 

Often, the most memorable experiences are the ones that don’t come with a hefty price tag (and are most unexpected).

Tip: When staying at hostels, almost all of them have free or super-affordable activities for you to do!

With a joyful demeanor, a person stands confidently before the ancient Colosseum in Rome. The sun bathes the iconic amphitheater in warm light, highlighting its historic grandeur. Against this backdrop of history, the person's happiness shines as a testament to the timeless awe inspired by this remarkable architectural marvel.
Wandering around the Colosseum in Rome for free

Travel Light and Pack Smart

Avoid excessive baggage fees and unnecessary expenses by travelling light.

Pack versatile clothing items that can be mixed and matched, and consider doing laundry during your trip instead of carrying excessive clothing. The plunger washbag is a great option for a lightweight washing machine that can help you avoid overweight baggage costs and laundry costs. I absolutely LOVE packing with me on my travels!

Traveling on a shoestring budget is not only feasible but also an incredibly rewarding experience. By adopting a frugal mindset, making conscious choices, and embracing the adventure of exploring new places on a budget, you can embark on transformative journeys without compromising your financial stability. 

So, go ahead, plan your trip, and let the world become your affordable playground. Remember, it’s not about how much money you spend but about the rich experiences and memories you create along the way. 

By: gatherumabbie@gmail.com · In: Budget Travel, Travel · Tagged: budget travel, shoestring budget, Travel, travel advice, travel tips

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I'm Abbie! A 20-something girl living in Australia, writing stories and travelling as much as possible. I created One World Wanderer to help you – a millennial, student, budgeting, full-time working travel-chasing badass – that travel is still possible despite the time and financial restraints you might have. Buckle up and get ready to travel, because you're going to have all the tools to do so after joining me here!

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Standing on the red sands of the Sahara Desert, a figure gazes out over the vast expanse, where towering dunes stretch towards the horizon. The warm hues of the sand create a mesmerizing contrast with the clear blue sky, encapsulating the allure of this iconic desert landscape.

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Against the backdrop of a sinking sun, capture the essence of budget-friendly adventure while Travelling on a shoestring budget. The distant figure stands atop the majestic Duomo di Milano, a testament to the art of exploring more with less

Travelling on a Shoestring Budget: How to Explore the World Without Breaking the Bank

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