Four Reasons This is the Year of the Budget Traveler (2024)

Four Reasons This is the Year of the Budget Traveler (1)
Updated: 01/14/20 | January 14th, 2020

When I started traveling a decade ago, there were no large travel blogs as we know them, sharing economy websites, or apps, and there were few online booking sites for obscure destinations.

I remember finding only one website about backpacking in Europe and a couple of forums where I could ask questions. Information was there, but it wasn’t as easily found or as abundant as it is today.

If you didn’t talk to the right travel agent, backpacker, or hostel owner, or couldn’t find a tip in your guidebook, it was easy to miss vital information that would save you money. For example, I didn’t know about city discount cards when I first started traveling. They weren’t mentioned in guidebooks, and few travelers talked about them. But getting these cards saves you money: you gain access to an entire city’s attractions and museums for one price (plus, some offer free public transportation!).

I ended up paying for all the museums in Paris individually when I could have just gotten the Paris Museum Pass for about 80% less.

In the last few years, travel apps, blogs, deal websites, and sharing economy services have exploded. The pace in which new sites, services, and information becomes available keeps quickening.

That’s good news for budget travelers. Travel has never been cheaper or easier. Information is power. The more informed a traveler you are, the more you will be able to know what makes a deal and where to find them.

Yet it may not feel that way when airfare still seems astronomical for even the shortest flights. For example, flights to Europe from the US are regularly close to $900 during the summertime. Travelers from South Africa or Australia pay even more than that to travel just about anywhere outside their immediate regions. It’s simple to look on websites like Expedia or Priceline and think, “I don’t think we can afford that family vacation this year.”

But now you can bypass the traditional hotel/big bus tour/major air carrier model of travel and cut your expenses sustainably. And the rise of new websitesandthe sharing economy, withthe substantial growth in blogs over the last few years, has made that happen.

Here are four reasons why 2015 is the year of the budget traveler:

1. The Rise of the Sharing Economy

Using the sharing economy, you can find cheaper accommodation, quirky tour guides, rideshare options, and home-cooked meals with local chefs. You can bypass the traditional travel industry with sharing economy websites and gain access to locals using their own assets and skills to become small tourism companies with cheaper prices. (For example, my Airbnb stay in St. Croix was $50 per night while the cheapest hotel I could find was $150.)

Moreover, locals know where to find deals. They know which supermarket is cheapest, which stores offer the best sales, and where to find the hole-in-the-wall restaurants and bars with the tastiest food at the lowest prices. Talking directly to them gives you access to that knowledge.

These websites have changed the travel game and made travel more accessible for everyone. The sharing economy has been around for years (Couchsurfing was founded in 2003 and Airbnb in 2008), but became mainstream last year and will only continue to grow. Here are some of my favorite websites:

2. Everything is Online!

The growth of websites like mine has made it possible to discover a quirky little B&B, local restaurant, or off-the-beaten-path tourist destination. Instead of magazines and guidebooks as the information gatekeepers, you now have travelers posting content for every destination in the world — all accessible with a simple Google search. A search for “Uzbekistan travel blog” yields tons of results.

Information about every country, restaurant, and activity is available online now — even the most obscure. This gives you much better access to planning tips, advice, and things to do. Three of my favorite blogs for offbeat destinations are Uncornered Market, Roads and Kingdoms, and Wandering Earl, all of which feature destination guides and stories for more remote places in the world.

3. Better Flight Search Options

The growth of multinational flight search engines has made it much easier to find cheap flights and hidden deals that were simply impossible to find before. Not all search engines are equal. They all have their own blind spots, but some of the more robust ones include both smaller regional carriers and budget airlines.

Moreover, there are sites that search for mistake fares and flight sales so you can always be alerted to a deal. My must-use deal sites include:

Additionally, sites like Busbud and Rome2rio have made finding ground transportation in obscure destinations much easier by posting fares and route information online that used to be hard to find.

4. The Rise of Budget Airlines

Years ago, if you wanted to fly between continents, you were mostly stuck with traditional expensive airlines. That’s no longer true. Budget airlines now service many long-haul routes, making it possible to bounce around the world for little money. Norwegian Airlines allows you to fly to Europe and from Bangkok for about $250 each way.

AirAsia X offers crazy cheap deals around Asia and Australia for as little as $100 each way. Indian and Middle Eastern airlines offer cheap flights throughout the subcontinent and Africa.

***

Technological advances have created easier access to information and connected people from all around the world. This is a boon for travelers. Now, intimate local knowledge is no longer out of your reach. It’s becoming simpler to plan and research your trip, find travel companions, and take advantage of various deals. The traditional gatekeepers are gone, and that has changed the travel game.

The march of technology will only continue to advance, and in doing so make travel cheaper as you become more informed. And the more informed you are, the easier it will be for you to know how to save money.

Book Your Trip: Logistical Tips and Tricks

Book Your Flight
Find a cheap flight by using Skyscanner. It’s my favorite search engine because it searches websites and airlines around the globe so you always know no stone is being left unturned.

Book Your Accommodation
You can book your hostel with Hostelworld. If you want to stay somewhere other than a hostel, use Booking.com as it consistently returns the cheapest rates for guesthouses and hotels.

Don’t Forget Travel Insurance
Travel insurance will protect you against illness, injury, theft, and cancellations. It’s comprehensive protection in case anything goes wrong. I never go on a trip without it as I’ve had to use it many times in the past. My favorite companies that offer the best service and value are:

Want to Travel for Free?
Travel credit cards allow you to earn points that can be redeemed for free flights and accommodation — all without any extra spending. Check out my guide to picking the right card and my current favorites to get started and see the latest best deals.

Need Help Finding Activities for Your Trip?
Get Your Guide is a huge online marketplace where you can find cool walking tours, fun excursions, skip-the-line tickets, private guides, and more.

Ready to Book Your Trip?
Check out my resource page for the best companies to use when you travel. I list all the ones I use when I travel. They are the best in class and you can’t go wrong using them on your trip.

Four Reasons This is the Year of the Budget Traveler (2024)

FAQs

How do you become a world traveler on a budget? ›

I'll show you exactly how I travel on a budget:
  1. Find the money for a trip, even if you're broke.
  2. Score deals on airfare.
  3. Research your destination.
  4. Find gorgeous lodging for less.
  5. Plan your own tours and activities.
  6. Get around after you land.
  7. Stay safe & healthy around the world.

What is a budget traveler? ›

It's about shifting (not lowering) your expectations, spending more time, experiencing below the surface, and yes, spending less. Budget traveling is also known as "independent travel" or "backpacking". Independent means you are not on a tour. It's DIY travel!

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.

Why do you need money to travel? ›

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 makes a person a world traveler? ›

5) Circumnavigated the world, east to west or west to east. 6) Seen a variety of terrains (desert, tundra, steppe, rain forest, etc.) 7) Travelled by a wide variety of means (train, plane, ship, car, camel, etc.) 8) Be familiar with many different cultures, religions, languages, etc.

How do I become a traveler? ›

How to Become a World Traveler
  1. Move out of your apartment or house. World travelers are notorious for moving from place to place without calling any country home. ...
  2. Get rid of all of your belongings. ...
  3. Cut out any monthly payments. ...
  4. Find remote work. ...
  5. Learn how to find cheap flights. ...
  6. Have fun and be carefree.
Nov 19, 2018

What are the benefits of budget travel? ›

It provides a great way to travel without going overboard with expenses. Budget travel offers the advantage of enabling you to travel more frequently by minimizing expenses such as transportation, accommodation, and food.

What's a good travel budget? ›

Average Vacation Costs in 2024: Transportation, Entertainment, and Budgeting Tips. Quick Answer: In the U.S., a one-week vacation for a solo traveler costs about $1,984, while a family of four can cost around $7,936.

What makes a traveler a traveler? ›

It might seem like something of an ambiguous question but the answer is a lot more straight-forward than you'd think. ANSWER. It is not the number of places you have been to or length of time you spend away from home that makes you a traveller. What makes you a traveller is your lust and hunger for travel.

How much money do you need for 1 month in Europe? ›

Plan your actual budget

While it is definitely possible to do a month-long Europe trip on a tight budget, it isn't exactly cheap – unless you do hostels, don't take taxis/ubers, and don't eat out. Even then, it'll still most likely be over $1,000 USD and closer to $2,000 USD.

How much cash can you fly with? ›

Yes, there is no limit to how much money you can take with you on domestic flights, but you should be prepared to answer the TSA questions if carrying a large sum of cash with you.

How much money do you need in Europe for 2 weeks? ›

Here is an overview of what two weeks in Europe on a high budget may look like: Accommodation: 200 Euros per night for 14 nights = 2,800 Euros. Food: 80 Euros per day for 14 days = 1,120 Euros. Transportation: 30 Euros per day for 14 days = 420 Euros.

What is the 50 30 20 rule? ›

Those will become part of your budget. 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.

Can I travel without cash? ›

Surprisingly, Traveler's checks still hold some ground when it comes to traveling with money. Most banks, hotels, and embassies will still offer local currency in exchange for your traverlers checks.

Is there a job that pays you to travel the world? ›

While the destinations might not always be your first choice, jobs that pay you to travel will keep you on the move, gaining diverse experiences. Think flight attendant, cruise ship team member, or national account representative. You'll go where the business needs you to go.

How do you become a paid world traveler? ›

Teach on the go: I've met so many slow travellers who offer their skills wherever they are, and earn off them. Yoga teachers, hairdressers, travelling musicians, DJs, fitness experts, you name it. If you have a skill you (can) teach at home, you can certainly teach it on the road.

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 you need to be a Traveller? ›

Daily costs: How much money do I need?
RegionApprox. daily spending amount
Eastern Europe$20-40£10-20
Indian Sub-Continent$10-30£5-15
North America$50-70£25-35
South America$10-50£5-25
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