How to plan a dream trip on a budget: 7 tips ‹ EF GO Blog | EF Global Site (English) (2024)

There’s a common misconception among would-be jetsetters that traveling the world is impossible unless you have a limitless credit card (and someone to pay it off for you!). Fortunately, this just isn’t true. Sure, traveling costs money, butthere are ways to make it easier on the wallet. Here are our 7 best tips on how to plan a dream trip on a budget:

1. Choose a more budget-friendly travel style

Forget hotels and tours. Become a backpacker instead! Cost-conscious backpackers travel light (logically enough, carrying their belongings in a backpack) and choose low-cost accommodation while on the road. They also tend to eat local food and often travel for longer, moving fairly quickly through several locations. If you backpack during the off-season, you’ll shave even more dollars off your trip, saving on almost everything from flights to accommodation and attractions.

2. Take advantage of low-cost flights

Don’t simply search for flights on Google: be more proactive with your dollars and focus on budget carriers. In Europe, budget-conscious travelers enjoy a variety of no-frills airlines letting them get from A to B at a very low cost. Imagine, for example, traveling through Malta, before moving on to Rome, Athens, and Istanbul? Or starting out in Berlin, then heading to Prague, Budapest and Riga? Or perhaps backpacking through Paris, Nice, Barcelona, Madrid, and Lisbon would be more your style? Check WhichBudget.com to see a listing of budget airlines traveling to your destination, or go directly to Euro carriers such as EasyJet, Ryanair, and Vueling. Besides flying, remember that Europe in particular is also great for cheap train travel. For more information, head over to Interrail.

3. Travel to non-expensive destinations

Some places in the world will never be super cheap (hello London, New York, and Paris!), butthat doesn’t mean that everywhere is the same. Savvy budget travelers get their passports stamped in countries with a weaker currency than their own. South East Asia (think Singapore, Thailand, Vietnam, Cambodia, Indonesia, and India) has always been a go-to region for backpackers and budget travelers, and the many lands of Latin America are other great (and cheap!) choices.

4. Plan a longer trip

Though you might not think so, doing a longer trip is much cheaper per day than a quick getaway. Why? By creating a “base” in one location, long term travelers aren’t constantly paying for transport to their next destination, and are able to take advantage of short term rental opportunities rather than hostels’ more costly per-night rates. Also, long term travelers are typically also more interested in getting to know a culture by living in it and “doing what the locals do” (rather than paying for expensive tours and day trips), like to cook for themselves, and might even work while on the road. Which brings us to…

5. Cook your own food

It’s no secret that eating in restaurants every day adds up (not to mention being potentially detrimental to your wastreline!) Budget travelers know that cooking for themselves saves them big bucks: even more if you decide to pool costs by cooking and sharing a meal with fellow travelers at your rental or hostel (visiting foreign food fairs and supermarkets is part of the fun!)

6. Become a digital nomad

Freelancers or people with skills such as teaching, graphic design, computer programing, consulting, translation, or photography have an added bonus, as they may find that with their laptop as their guide, they can continue working while traveling long term. (Travelers who do this are called “digital nomads“.) The benefits of working independently while traveling are obvious: not only do you earn income, but can design your own work schedule!

7. Get a casual job

Not tempted by the digital nomad movement? Maybe you’re a prime candidate for a casual job! Travelers interested in working abroad have dozens of employment options: think pub work, teaching English, scuba instructing, fruit-picking, making coffee, waiting tables, promotional and sales work, and the list goes on. Agencies can help you negotiate visas and land a job (Go Workabout is a good starting point for Australia). Confident travelers can hit the streets with their curriculum once they arrive.

How to plan a dream trip on a budget: 7 tips ‹ EF GO Blog | EF Global Site (English) (2024)

FAQs

How to plan a dream trip on a budget: 7 tips ‹ EF GO Blog | EF Global Site (English)? ›

Research your destination

To create a realistic budget based on your destination and activities, research transportation expenses, food and lodging costs, and prices of attractions you want to visit. Once you know the bottom line, start looking for ways to reduce expenses.

How to plan a dream vacation on a budget? ›

These five tips can help you stick to a budget, while still having a trip to remember.
  1. Tip 1: Research costs in advance. ...
  2. Tip 2: Explore transportation and lodging alternatives. ...
  3. Tip 3: Consider all-inclusive options. ...
  4. Tip 4: Be flexible with dates. ...
  5. Tip 5: Set a daily spending limit.

How do I plan for my dream vacation? ›

In this comprehensive guide, we will take you through the steps necessary to plan a truly unforgettable vacation.
  1. Choosing Your Destination. The first step in planning your dream vacation is deciding where you want to go. ...
  2. Finding the Perfect Accommodations. ...
  3. Planning Your Activities. ...
  4. Packing for Your Trip.

How to plan a trip step by step? ›

  1. List your dream locations and choose your adventure. The first step in vacation planning? ...
  2. Plan your budget. ...
  3. Check your calendar and research dates. ...
  4. Book flights and hotels. ...
  5. Search for deals on activities. ...
  6. Build your ideal itinerary. ...
  7. Pack your bags. ...
  8. Research local customs.

How do you write a budget for a trip? ›

Research your destination

To create a realistic budget based on your destination and activities, research transportation expenses, food and lodging costs, and prices of attractions you want to visit. Once you know the bottom line, start looking for ways to reduce expenses.

How to plan an inexpensive trip? ›

Here are our 7 best tips on how to plan a dream trip on a budget:
  1. Choose a more budget-friendly travel style. Forget hotels and tours. ...
  2. Take advantage of low-cost flights. ...
  3. Travel to non-expensive destinations. ...
  4. Plan a longer trip. ...
  5. Cook your own food. ...
  6. Become a digital nomad. ...
  7. Get a casual job.

What is a normal budget for a trip? ›

How much does the average vacation cost? The average vacation for one person in the United States costs about $1,986 per week. A vacation for two people will typically cost around $3,971 per week.

What four things do you need to consider when planning a trip? ›

5 Tips to Start Planning a Trip
  • Find Your Destination. The first thing you will need to decide upon, when planning your trip, is what destination do you want to visit? ...
  • Decide The Length of Your Trip. ...
  • Book Flights & Travel Accommodations. ...
  • Get Inspired by Local Activities & Attractions. ...
  • Packing Your Bags.
Nov 30, 2023

How to plan a trip by yourself? ›

Here are 12 first solo travel tips to help you independently navigate your destination.
  1. Let Go of Fear. ...
  2. Do Your Research. ...
  3. Talk to Other Solo Travelers. ...
  4. Visit Places with a Developed Tourism Infrastructure. ...
  5. Trust Your Gut. ...
  6. Leave Your Valuables at Home. ...
  7. Try Not to Look Like a Tourist. ...
  8. Split Up Cash and Credit Cards.
Jul 15, 2024

How to make a perfect trip? ›

Trip preparation: 6 steps to plan your dream trip
  1. Step 1: Decide where you want to go. ...
  2. Step 2: Check what you need. ...
  3. Step 3: Research and make a rough plan. ...
  4. Step 4: Choose where to stay and how to get around. ...
  5. Step 5: Make a list of experiences and activities that you want to do. ...
  6. Step 6: Don't plan too much.

What is a good example of a budget? ›

For example, your budget might show that you spend $100 on clothes every month. You might decide you can spend $50 on clothes. You can use the rest of the money to pay bills or to save for something else.

How do you write a simple budget plan? ›

The following steps can help you create a budget.
  1. Step 1: Calculate your net income. The foundation of an effective budget is your net income. ...
  2. Step 2: Track your spending. ...
  3. Step 3: Set realistic goals. ...
  4. Step 4: Make a plan. ...
  5. Step 5: Adjust your spending to stay on budget. ...
  6. Step 6: Review your budget regularly.

What is the rule of thumb for vacation budget? ›

Is there a rule of thumb to employ in setting a budget for your trips? Some financial experts recommend this one: spend 5-10% of your net income on vacations. If you're in debt, your budget should be closer to the 5% mark; if you're not, it can be closer to the 10% end of the range.

How much do you make with dream vacations? ›

Dream Vacations Salary
Annual SalaryHourly Wage
Top Earners$100,000$48
75th Percentile$70,000$34
Average$57,077$27
25th Percentile$26,500$13

How to save for a vacation on a tight budget? ›

7 Ways to Save for a Vacation and Tips for Planning
  1. Budget for your vacation early.
  2. Utilize cash back rewards credit cards.
  3. Earn extra money to pay for the vacation.
  4. Start cutting back on expenses – and put them toward your vacation.
  5. Get serious about budgeting your nonvacation expenses.
  6. Go on a “money hunt.”
May 10, 2023

How do I plan a restful vacation? ›

The key to truly relaxing on vacation is to strike a balance between active recreation and laid-back down time. Plan some activities that are both fun and relaxing, like a long bike ride, a dolphin-watching cruise or a casual kayak trip.

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