Monday Motivation: How You Can Travel The World On a Budget

Monday Motivation: How You Can Travel The World On a Budget

When embarking on your travels, there are so many things to bear in mind – from where you travel to how you manage your money. Budget is one the key concerns for voyagers, which is why we want to introduce the Chase Sapphire credit card to make your life easier.

With so many features, it’s not hard to see why it’s so popular amongst travellers. So, let’s talk why and how it can help you dreams to come true.

Travel The World On a Budget

  1. Choose Cheap Destinations

There’s a reason so many people travel to Thailand: it’s majestic and inexpensive. But did you know you can also backpack around these destinations with little spending money:

  • South Africa
  • Vietnam
  • Uruguay
  • Cuba
  • Prague
  • Greece
  • Bulgaria
  • India
  • Portugal
  • Mexico
  • Thailand

Once you’ve picked a country to travel, avoid major cities to stay in as the price of the hotel and food will be more expensive than rural, secluded areas. 

  1. Calculate Your Funds And Use Them Appropriately

Once you’ve picked where to travel the world from the list above, calculate your funds. Depending on personal preference, you can travel for less time and spend more money on shopping and sightseeing, or travel for longer and budget yourself strictly each day.

You will typically need to divide your money into the below categories:

  • Lodging
  • Transportation
  • Food/drink
  • Activities
  • Shopping

You can reduce your expenditure by staying in hostels rather than luxury hotels, or using websites such as Airbnb to rent a home for your stay for a reasonable price.

To cut back on transportation costs, always compare flight prices before booking them and adjust the date and airline you fly with to reduce your costs even further. Just choosing a different day and time to fly can save you hundreds! Utilise buses and trains rather than taxis as they’re incredible efficient to use and is a great way to aid travelling on a budget.

Travelling overnight means you don’t have to spend money on a hotel and you can enjoy more of the outdoors in the daylight. When you're in your paradise, explore the outdoors and walk or rent a bike to venture into your new environments and dabble into the different culture. You'll learn way more from your experience if you dive into it than splashing out on clothes or souvenirs.

Have you got any tips for travelling on a budget? Share them in the comments section or write to us on social media.

 

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