5 tips to travel on a shoestring budget

This is perhaps the cardinal rule in every travel escapade - planning. If you want to keep your expenses low, then it is an imperative that you draw out a strategy in which you can use the least amount of money for your needs when on the road.

When you have already planned ahead, then you have the leverage of finding discounts to save on your expenses. Some airlines offer discounted rates on their flights when you book tickets at least six months before your target travel dates, while insurance providers offer a travel insurance discount on early purchases. Discounts help reduce your intended cash outlay, and you are able to get the best deals simply by planning beforehand.

Secondary destinations can bring more colour to your budget travel. For example, if you are going to travel to Thailand, you may want opt to visit Chiang Mai instead of focusing on Phuket or Bangkok. This is because Chiang Mai is cheaper, the weather is cooler and the attractions are unique. Visit the elephant camp, trek the mountain and shop at the famous night bazaar. Stay at small motels, most of them are conveniently located with low cost meals easily available within walking distance.When searching for secondary destinations, you may want to look at two factors:

• the transportation options to reach the place and;
• the accessibility of the place to other areas worth visiting

Booking hotel stays at heavily discounted rates can be difficult, especially when you are thinking about travelling during peak season. If you have to travel during peak season, you really have to look for cheaper alternatives then. Homestays that offer bed and breakfast to backpackers is the usual first option. Increasingly, couch surfing in case you have friends who can accommodate you for a few nights during your stay, is gaining popularity.

Do not see travel insurance as an additional expense but think of it as an investment. It can save you on huge costs later on since you can use it during emergency situations. By being insured, you are saving the cost of a medical bill or a piece of baggage that has gone missing. Think of using the amount saved for an investment where you can make money to pay for your next vacation!