1. Plan Ahead to Save Money
When embarking on a round-the-world trip, one of the most effective ways to keep costs down is by planning your journey well in advance. Booking your flights, accommodation, and tours several months ahead allows you to take advantage of early bird discounts, special promotions, and reduced rates.
For example, Sarah, an avid traveler from the UK, began her RTW adventure in Southeast Asia and found that booking flights to less touristy cities six months before departure saved her hundreds of dollars. In addition to flights, booking hostels and tours ahead can help secure cheaper options, especially during peak travel seasons.
2. Choose Budget-Friendly Destinations
The key to making a round-the-world trip affordable is selecting destinations that offer great experiences at lower costs. Countries in Southeast Asia, Eastern Europe, and Central America tend to be more affordable than popular spots like Western Europe or Australia. Countries like Vietnam, Mexico, and Bulgaria offer rich cultural experiences, beautiful landscapes, and low-cost living.
Take Matt and Lucy's journey through Southeast Asia, for instance. By sticking to Vietnam, Cambodia, and Thailand, they managed to explore fascinating history, sample street food, and enjoy stunning beaches without draining their budget.
3. Save on Flights with Smart Booking
Flights are often one of the biggest expenses when planning a round-the-world trip. To make your journey more affordable, consider booking a round-the-world (RTW) ticket with an airline alliance. Major alliances like Star Alliance, Oneworld, and SkyTeam offer RTW tickets that let you fly to multiple destinations at a fixed price.
Additionally, using flight comparison tools like Skyscanner and Google Flights allows you to monitor prices and spot deals. You can also book flights during off-peak seasons, when ticket prices tend to be lower. By planning routes with fewer stopovers and flexible dates, you can save even more on your flight costs.
4. Affordable Accommodation Tips
Accommodation is another major travel expense, but there are numerous ways to keep it affordable. Instead of staying in expensive hotels, consider using platforms like Airbnb, Booking.com, or Hostelworld to find budget-friendly options, including private rooms or shared dorms. Many destinations also offer homestay options that provide an authentic experience at a lower price.
A great example is Jane and Tom's experience in Bali, where they booked a cozy homestay in Ubud for a fraction of the cost of a hotel. Not only did they save money, but they also got to experience the local culture firsthand, learning how to cook traditional Balinese dishes with their host family.
5. Enjoy Local Experiences Without Breaking the Bank
Experiencing a new culture doesn’t have to mean expensive tours or attractions. In many places, local experiences like visiting public markets, attending free festivals, or hiking in national parks are either very cheap or free. Joining free walking tours in major cities is another great way to explore without spending much.
For instance, in Prague, Mark and Linda saved money by exploring the Old Town on foot, visiting free art galleries, and attending a free concert in a local park. By immersing themselves in local culture, they created lasting memories without spending a fortune.
6. Additional Tips for Cheap Travel
Besides planning ahead and choosing budget destinations, there are additional strategies you can use to save money during your round-the-world trip. For example:
- Use public transportation instead of taxis or private transfers.
- Cook your own meals or eat at local eateries instead of tourist restaurants.
- Purchase city passes for discounts on attractions and transportation.
- Travel during shoulder seasons when prices for flights and accommodation are lower.
Each of these strategies can help you stretch your travel budget while still enjoying incredible experiences around the globe.
If you're ready to start planning your affordable round-the-world adventure, check out How to Travel the World for more tips and tools to help you get the most out of your journey. Your dream trip is just a few smart steps away!