All of us have our differences and disagreements, but there’s one thing that we all mutually agree on and that is travelling is an amazing experience. Whether it is to relax at a Bahamas beach or go for an adventure and ski in Antarctica, we all want to travel across the oceans to tick of that country off of our checklists. But the expenses intimidate us and we shake the thought off carry on with our daily work.
A common question people have is that I want to travel the world, where do I start? Well, you can start off with budgeting your Round the World (RTW) trip. And what if you can travel with a minimal budget? You might think that it’s a joke but read on to find out how you can travel around the world for a year without costing a fortune.
Before we start, it is important to understand that having the passion to travel will require a lot of savings. You might have to sell your stuff or work two jobs, but in the end it will all be worth it.
Which countries are you planning to travel?
This is the most important factor that will determine the cost of your RTW trip. While you might have it super cheap and affordable in India, Central America and South East Asia it will cost you a fortune in Europe, Australia and USA. Of course, there are several countries that you would want to travel across as well, but to keep your budget as low as possible, you might have to make the choice and let go of some countries.
What will you eat and where will you stay?
How luxuriously you live and how fancy you eat are crucial details for your travel budget. To ensure minimum expenditure on these, eat at the local street vendors when you travel and stay at hostels where you can cook your own food as well and save up money.
Why not work overseas?
While you’re travelling, an easy way to make money on the go is by doing small jobs as you stay in the country. Working as a hostel helper, bartender, waiter/waitress can help add cash to your budget. There are plenty of jobs available to help you on the go.
Other easy ways
An easy way to make money includes teaching English overseas as it is in high demand. You need to get your TEFL degree and who knows, companies in Asia might even pay you for your flight!
Other efficient ways to travel on a budget include staying with locals. Several online services can connect you to locals who are willing to allow you to stay with them for free.
You can get yourself a tourist card which offers discounted rates of visits to attractions and can save money. You can also get student/teacher discount card that can help you save big as your RTW trip.
You can hitchhike safely in many parts of the world including New Zealand, Scandinavia, Europe and Central American to name but a few.
You can spend as low as $15,000-18,000 depending on your style of travel around the world year trip.
