Backpacking on a Budget: 6 Tips to Save Money and See the World
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Most people think that backpacking around the world means having to work extra hard or have an unlimited bank account in order to afford it, but both of these statements couldn’t be further from the truth. This guide will tell you how to backpack on a budget, no matter where you choose to go or how long you decide to stay. Whether you’re planning your first trip or your 25th, follow these 6 tips and tricks to save money and see the world on your own terms!
Do Your Research and Stick to a Budget
Traveling while sticking to a budget is possible, but it takes a little extra work. It is important to do your research before going on your backpacking trip because it will help you find the best places to go, give you an idea of what to expect, and even find ways to save money.
For example, finding that pre-booking an excursion may be cheaper than doing it the day of. Keep a low-budget itinerary. Focus on cheap places instead of well-known tourist spots (no matter how beautiful). Pre-plan for those “must do” things. As long as you budget enough for accommodations, transportation, and food, you’ll feel better planning the rest of your days!
If you're like me, I dream of just being able to show up and see where my travels take me. However, this usually gets shut down by the Virgo in me and the need to meticulously plan everything I do. I failed miserably that one time I tried to just "show up" to Canada and my border crossing turned into a race against the clock to download and fill out their app to enter the country for two people all while the line in front of us was quickly inching forward. At least I had our passports!
Anyways, over the years I've found a good balance and somehow was able to "plan" for those no plan times. At least doing research for the foundation of your trip will allow you to budget for those "see where the wind takes you" times. Preparing in advance, doing your research, and making a list will allow you to plan your budget more accurately.
Stick to Affordable Destinations
A backpacker's budget is only as good as their destination. If you're looking to travel to an expensive destination, your budget will most likely be blown by the time you’re halfway through the trip. Fortunately, there are many affordable destinations that allow backpackers to see the world without going broke. Even though I believe there are ways to make any destination more affordable. You know your own travel style, and some places will just allow you to do more for less. However, a great way to make anywhere more affordable is to travel during shoulder season when prices are lower and fewer people are traveling. Just make sure you aren't missing out on anything that is on your bucket list during those off times!
Find Ways to Save Money on Transportation
One of the best ways to save money when traveling is by using public transportation. This can be buses, trains, or even planes with low-cost carriers. I always love a good road trip and the freedom that a car can give you, but that may not always be the cheapest option. Now, for travel within a city you're visiting, paying for a more expensive accommodation closer to where you plan to be may seem very budget traveler of you. But if you plan on spending a lot of time within a particular area, the money you save on transportation in and out may be worth the extra money you spent on your stay. This is why doing some initial research can be important and so beneficial in the long run. When all else fails, walking is your best friend!
Consider Hostels or Couchsurfing
If you're looking for an affordable, safe place to stay while you travel then consider hostels or couch surfing. There are over 180,000 hostels in more than 100 countries around the world so there's sure to be one near your destination. For those travelers who don't mind sharing with strangers, hostels offer cheap rates for private rooms that start as low as $10 per night. Many have the option to book a bed in all female, all male, and mixed dorms depending on your comfort level. Some even have private rooms, which is a great alternative if you want both the atmosphere but also your own space. Hostels also often include common spaces where travelers can meet and socialize, which may help alleviate any loneliness. This is especially great for solo travelers looking for new friends and someone to go on adventures with once they reach their destination.
Couch surfing is another option for travelers who prefer more local accommodations and experiences. Couch surfing connects travelers with locals who provide accommodation and share their culture during your visit. You can find these accommodations by registering with the popular couchsurfing.com, or other lesser known sites, bewelcome.org, trustroots.org, or couchers.org. These options make it possible to meet other travelers and locals, learn about their cultures, and save money all at the same time! While hostels and couch surfing aren't for everyone, if you want to backpack on a budget then both are worth considering.
Do Inexpensive and Free Activities
Your days don't have to be filled with excursions that cost an arm and a leg, or even anything at all! Here are some ideas of what you can do:
- Talk with locals. They tend to know the best places for sightseeing, food, drink, etc.
- Visit museums or art galleries during off hours. Some offer free admission during certain times of the day.
- Explore your surroundings. If you're in an unfamiliar area, take a walk around and see what there is nearby that's free or cheap! You never know what might be out there that costs less than $5 USD per person (or even nothing).
- Attend a free walking tour. They're a great way to become acquainted with a new city, learn some history, and make new friends. Many cities offer these daily. The best way to find these is to search for free walking tours on google, and if you're staying in a hostel I'm sure they will have a schedule for one at the front desk.
- Go hiking! If you're in an area that has some gorgeous nature, or even just green space, take a walk and experience it. Not only will it be cheap (or free), but you'll get to see some beautiful scenery that you wouldn't otherwise have seen.
- Go to a festival. Many cities around the world host yearly festivals that are free or very cheap. If you're visiting one of those cities, why not attend?
Get Travel Insurance
Before you head out, make sure you have an international travel insurance policy in place. I recommend World Nomads. This will cover any medical expenses that may arise from something like an accident during your trip. In addition, many policies will cover lost luggage or cancelation fees if there are unforeseen circumstances that prevent you from continuing the trip such as severe weather conditions. This will, in turn, can save you money in the long run. Whether you're traveling solo or with friends, you'll be able to enjoy your trip without fear of financial ruin.
While the cost of travel insurance might seem daunting at first, many providers have affordable plans that start at $15 a month--that's less than what most people spend on coffee every day! And if you think about all of the time and effort that goes into planning your adventure abroad, $15 a month is definitely worth it for the peace of mind that comes along with having it.
Have a fun, safe, and cheap trip out there!
Hi, I’m Karen!Travel Blogger & Photographer + Founder of The Everyday Adventure
Here I share travel tips, packing guides, planning help, and photography from many different parts of the world. I help other working 9-5 adventurers get out into the world and see as much as they can with the little time they have available.
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