Skip to content

5 Tricks To Save Money While Backpacking

If you’re going to be backpacking for a long then it’s import to learn how to budget and save money.

Collected from our personal experience, here are 5 ways you can save money while travelling!

1. Eat local

‘Do as the locals do’

It’s a classic travelling phrase that you’ve probably heard before, but it’s a classic for a reason. The cheapest and best food in any country is the food that is eaten by the local people. It’s probably safer too. The ingredients will be sourced locally and they’ll probably know how to cook it better than they know how to cook a Bacon Double Cheeseburger.

Remember you’re travelling and you want to try new things –  do as the locals do, eat as the locals do. It’ll save you loads of money in the long run and you might just acquire a new favourite dish!

2. Find a travel partner

meet people

Everything becomes cheaper if you travel with another person. You can share rooms or a bed, split the cost of transport, even share meals if you like. Plus it’s always nice to share your adventure with someone!

If you’re planning on travelling on your own then you don’t have to worry, you’ll make friends in the first hostel you stay in. Just ask them if they want to travel with you for a while to save costs and hey presto – problem solved. Who knows, you might just find a new best friend!

3. Walk

walk

If you’re looking for your hotel or hostel then walking is always going to be the cheapest option. Do your research beforehand (or download apps like Maps.me) and plan to walk when you arrive. Obviously this won’t always be possible but as long as you are willing to walk then you’ll always be able to save money.

You could also do your own walking tour. Research the place before you visit and explore it by yourself on foot. Or better yet, look to see if there are any free walking tours! Loads of places offer this now and it’s a great way of meeting people and seeing a city.

This is a much better way of exploring a  new place and you’ll be getting in some free exercise too. Think of all the money you’ll be saving by not getting a taxi- use that to reward yourself with a nice cold beer at the end of the day!

4. Learn to barter

barter

Everything is negotiable. This is especially true in soft-culture countries like those in Asia, Africa and South America. The price you are given is rarely the final price. For anything. Don’t worry if you don’t get the hang of it at first – like anything, practice makes perfect – just keep trying and you’ll get better.

What people don’t realise is that you can barter in Western countries too – it’s just called negotiating! For example, hostels and hotels will want to sell their beds rather than letting them go to waste. Try to offer a lower price than the one that’s advertised and see what happens – the worst that can happen is that they say no.

The most important thing is to remember that if you are happy with the price, then it’s a good price. Don’t get too hung up on arguing over 20 cents. If you feel like you’re getting a good deal then take it and you’ll both be left feeling happy with the transaction!

5. Travel Slowly

travel slowly

This is one of the best ways you can save money in the long run.

Often the most expensive part of travelling is the actual travelling – e.g. planes, trains and automobiles. If you’re flexible and willing to spend a longer time in each place then you can save a lot of money. You also get the chance to experience a lot more of the culture. Any seasoned traveller will tell you – its the quality of the experience, not the quantity of places you see that matters.

As an added incentive, as you explore the area more you will start to find all the cheapest and less-known places to eat, drink and hang out – saving you even more money!

Remember Your Budget!

budget

The most important thing you can do when travelling on a budget is to stick to your budget.

I cannot emphasize this enough. If you have a budget of $20 a day – stick to your budget of $20 a day. That doesn’t mean that if you’ve spent $19 you have to sleep on the street, just make sure it balances out over a week or so.

For example, if you spend $25 in one day, make sure you only spend $15 the next day. That means over two days you spent $40 (or $20 a day).

You’ll be surprised how easy it is to do and how much fun you can have while spending next to nothing.

Well there you have it. Those are the 5 best ways to save money while backpacking the world.

The most important thing to remember is that travel is not as expensive as you think it is. 

Jordan Simons

Travel Continuously is a community based platform, and we want you to get involved. 

Do you travel continuously? Are you a full time traveller, digital nomad or expat? 

We would love to hear from you! Get in contact to share your story with us, to be featured on Travel Continuously, to let us know what we’ve missed, what you want to hear and even what we’re doing wrong! Together we can help inspire others to follow their dreams and travel the world!

1 thought on “5 Tricks To Save Money While Backpacking”

  1. Hey! When you say you aim to budget $20 a day, does that include accommodation? Also are you willing to disclose how much you have spent in total in one year of travelling (including travel/airlines etc.)?
    Thanks!

Leave a Reply

Your email address will not be published.