A world trip is an incredible opportunity to explore the globe, broaden your horizons and learn new things. It can also be a costly investment when factoring in all elements, including accommodation, transport, and necessities. You will need to manage your money carefully and plan out your trips to ensure you get the best value for money.
There are many ways you can make extra money and ensure your money goes further when traveling. You should consider what luxuries you are willing to forgo in order to keep your travels going for as long as possible.
Research Travel Deals For Each Country
You should check travel deal sites regularly to find the best value for money. It can help to be prepared to make last-minute plans and go where it is cheapest to travel to at that time. This can add a layer of spontaneity to your travels that can be exciting and enriching.
Look At Last Minute Deals On Flights
The time you book flights can make all the difference to the cost. Often, airlines will sell tickets for their flights at a lower price if they still have empty seats shortly before takeoff. Peruse the options available when you decide it’s time to move on with your travels and see which options are the cheapest.
Visit Popular Destinations In The Off-Season
It is best to avoid visiting key tourist trap areas during the busiest seasons, as prices will be highest at these times. You should make a list of the places you want to visit and note the peak seasons for each location. Many cities and countries will be more costly to visit during the summer months when families and college students are most likely to be traveling.
Find Quality Hostels
Accommodation can be the most expensive part of any world trip. Choosing hostels instead of hotels can dramatically reduce the cost of accommodation. You should select hostels with care and research the rooms available. Read reviews from other travelers to see what their experience has been and look for hostels that are recommended for cleanliness and value for money.
The cheapest rooms in hostels will usually be in shared rooms, often with as many as twelve people in a room. You will need to decide if you are comfortable with this arrangement as sharing a room with strangers may not be ideal for many people. If you are a single woman traveling alone, it may help to look for hostels that offer women-only rooms if that will make you feel more comfortable.
Pay With Cryptocurrency
Cryptocurrency is being accepted by more retailers and vendors every day. The great thing about crypto is its decentralized nature, making it a cheap and consistent way to pay for things no matter where you are in the world. You’ll need to use a trusted cryptocurrency wallet like this fantastic free and secure option from Paxful. It is best to buy your crypto last minute as the prices can fluctuate rapidly. It is also a good idea to research where you can pay with cryptocurrency while traveling.
Find Temporary And Gig Work
Finding temporary or gig work while you travel can be a fantastic way to make extra money to keep your trip going. You could look at popular gig job sites that connect available workers with odd jobs in different destinations. Gig work like dog walking, bartending, or freelancing can be excellent options while you travel.
You could also look for work in exchange for accommodation or other necessities. Jobs like au pairing or nannying can be ideal as you will receive room and board as well as a modest wage. This can be a perfect option for anyone who wants to know a particular area well.
Rent A Bicycle
Finding cheaper ways to travel in each country you visit can be ideal. Rather than spending money on transport links like trains and buses in cities, you could rent a bicycle and save money overall. You should research what it is like to cycle in each country to ensure your safety. Some countries have better safety standards and infrastructure for cyclists than others, and you should always prioritize your safety.
Use An Interest-Free Credit Card
An interest-free credit card can be an excellent option to help you finance your travels. Many lenders offer credit cards with large interest-free periods to those with good credit. You should look for a credit card with a long interest-free period that will allow you time to pay it off when you return from your travels. You could also pay off the card as you travel if you take on any work.
Traveling light can be an excellent way to save money on flights. Many budget airlines make money by charging more for additional items to check-in, so trying to fit all you need into a carry-on can be ideal. This may mean you will need to find accommodation with facilities that let you wash your clothes, but this can often be highly cost-effective.