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You are here: Home / Travel Tips / Best of: The Ultimate Money & Budget Travel Tips

Best of: The Ultimate Money & Budget Travel Tips

//  by Lisa 7 Comments

[updated May 2025]

Sunrise Belize
Sunrise in Belize

When people find out that I traveled the world full-time for about 2 and a half years, the question is always the same:

How did you pay for it?!”

It’s a reasonable thing to ask. When I was working full time as a television producer and daydreaming about a life of travel (all. the. time), I also wondered how I could afford to make it a reality. I can assure you that it’s not as impossible as it might initially seem. I’ve actually answered the question of how to afford travel many times on this blog, so, I decided to bring together all of my tips for making travel affordable into one Ultimate Budget Travel Tips List!

Before You Travel

 

1. Find Out How Much Travel Actually Costs

Traveling isn’t nearly as expensive as many people believe. When I was on the road, my expenses were actually lower than when I lived in Chicago. Read these posts for details:

  • Money, Cash, Dinero…How could you afford to travel around the world?
  • The Reality of Long Term Travel: Checking in With My Readers (specifically the section on expenses)

 

2. Live Frugally & Save Money

Unless you’re planning to work while you travel (which is possible!) you’re going to need to save some money. For me, saving money is all about reducing consumption and prioritizing spending. Those are pretty vague guidelines, which is why I’ve explained them further in a number of posts over the years.

  • Travel Tips: Saving Money for Travel
  • How to Save Money & Live Simpler by Reducing Consumption
  • Two Part Series: How to Live Simpler, Cheaper, and Happier! Part 2: Saving Money to Make Money
  • How I Can Afford to Live Now and Still Travel
  • Buy or Simplify – Cutting Down the Clutter
  • How to be a good airbnb host (make money TO travel!)
  • THE Ultimate Guide to Financial Independence
One effective way to boost your savings is by opening the best types of savings accounts. These accounts often offer higher interest rates and can help your money grow over time. By choosing the right savings account, you can make the most of your efforts in reducing expenses and make your travel dreams a reality even faster.

When Booking Travel

 

3. Play the Frequent Flier Mile Game

I don’t have a ton of experience playing this game, but I do know a little and have a rewards card I wholeheartedly recommend. And I can point you in the direction of one of my friends — a frequent flier mile expert who won’t bog you down with a bunch of miles mumbo jumbo.

  • Travel Tips: Credit Cards — What’s in Your Wallet?
  • Video Interview: Mile Nerd – The No Nonsense Frequent Flier Mile Expert

4. Shop Around For a Cheap Flight

I have two posts where I share my preferred websites for booking flights, plus tips to make your time soaring through the air in a metal tube more enjoyable.

  • Love is in the air: Some tips for booking flights
  • Biggest flight booking mistakes

5. Delayed Flight Refunds

Some laws have changed and now if your flight is delayed, you can possibly get compensated. In the EU, legislation known as EC 261 means some passengers can receive up to $650 for a delayed flight. You can check out sites like AirHelp for more info.

In the U.S., president Biden did institute a rule on refunds for canceled flights or significantly changed flights. For delayed flights, many U.S. carriers offer compensation in meal or hotel vouchers and sometimes travel vouchers.

While You’re Traveling

 

6. Save Money on Accommodation

After transportation (planes, trains, buses, etc.), accommodation is one of the biggest travel expenses. Luckily, there are plenty of inexpensive alternatives to booking a hotel — hostels, couchsurfing, and housesitting to name a few options.

  • Travel Tip Tuesday: The Alternatives to Hotels
  • Couchsurfing Around the World

7. Find a Job on the Road

I worked a number of different jobs while I traveled and, in addition to helping offset the cost of my trip, these jobs provided me with enriching, local experiences and friendships.

  • Working Around the World

Want more details and travel tips goodness?? Check out my NEW 2nd Edition eBook:

The Ultimate Travel Tips: Essential Advice for Your Adventures

Just $3.99 on Amazon NOW! Help me and support my works and this free blog which has been going for 11+ years, that I hope to continue.

Ultimate Travel Tips

 

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Ultimate Budget Travel Tips

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About Lisa

Lisa Lubin is an established travel/food writer and photographer, three-time Emmy® award-winning TV producer, video consultant, and travel industry expert. After more than a decade in broadcast television she took a sabbatical, which turned into three years traveling around the world. She created this blog in 2006. Lisa also owns LLmedia, a media & video consulting business. Her writing and photography has been published by American Way, Hemispheres, Wall Street Journal, Chicago Tribune, West Jet Magazine, Scandinavian Traveler, Orbitz, and Luxury Las Vegas. Her book, The Ultimate Travel Tips: Essential Advice for Your Adventures, is available on Amazon.

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Disclosure

This post may contain affiliate links. If you make a purchase through a link, I receive a small commission at no additional cost to you. Read the Disclosure.

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Reader Interactions

Comments

  1. Mary @ Green Global Travel

    October 10, 2014 at 11:55 pm

    Great resource! It’s definitely possible to make travel happen, and it’s interesting to see how everyone does it in their own way! Thanks for sharing!

    Reply
  2. Plan Turkey Vacation

    October 17, 2014 at 5:55 am

    This is good way to minimize on the expenses on the trip…and Sunrise image at Belize looks a very refreshing..

    Reply
  3. Turkey Family Vacation packages From India.

    December 8, 2014 at 3:20 am

    Its Nice post and Thanks For Sharing For Money saving Travel..

    Reply
  4. Lynn Foy

    May 4, 2018 at 7:30 am

    Nice post. These tips works really amazing for planning a vacations and to minimize the expenses on the trip. Thanks for sharing these.

    Reply
  5. Hector Troy

    June 11, 2018 at 7:40 am

    Travel trips are very expensive because they have no understand how to traveling save money. I read your blog and your tips are really useful for me. Thanks you so much you share the right information.

    Reply
  6. AirKeeper Australia

    June 26, 2018 at 2:41 am

    That’s a lot of tips! They are all great though. Thanks for sharing.

    Reply
  7. Swati kakkar

    February 8, 2019 at 1:31 pm

    Awesome information with wonderful images. The information you have covered satisfy the necessities of each traveler. Thanks for sharing such good tips.

    Reply

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hi there! i’m lisa.

Lisa LubinI chucked it all – the TV job, the guy, the “normal” life – to travel around the world. I've been to 60+ countries & live a life based more on experiences. I want to inspire you to travel slowly & eat locally! MORE...

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