Categories
Budget Travel & Hacks

Traveling on $50 a day: How to make the most of Your money

Who tells us budget travel must be sacrificing life-altering experiences? The truth is that with clever planning and creative choices, $50 a day is all you require to have top-notch experiences worldwide. Whether you are an adrenaline junkie, an economic traveler, or just someone looking for the thrill of new places without the exorbitant cost, this guide is all about you.

Here, you’ll find real tips, useful resources, and plenty of strategies to stretch your dollars and make every travel moment matter.

Is $50 a day really enough?

The idea of surviving on $50 a day may seem preposterous, given the expense of airfares, accommodations, and day-to-day costs. But with frugal planning and the right mindset, it can suffice, and provide some left over for extravagance. It simply requires the formation of some habits that prioritize value over excess.

What does a $50 budget look like?

Before we jump into tips, let’s have a rough breakdown so you get a sense of what $50 per day can get you. The key thing is to stick with destinations and activities that cost in these ranges. 

CategoryEstimated Cost
Accommodation$15–$25 (hostel dorm or budget Airbnb)
Food and drinks$10–$15 (street food/local dining)
Transportation$5–$10 (local buses, shared cabs)
Activities/Attractions$5–$10 (entry fees, tours, etc.)
Miscellaneous$5 (souvenirs, unexpected expenses)

Budget-friendly destinations

Your dollar goes further in certain regions. Not all places are equal when it comes to cost. Venturing into areas with lower cost of living will help you stretch your wallet, and your $50 will go the distance. Southeast Asia, Central America, or Eastern Europe are great places where you’ll get affordable food, lodging, and transit. Start in Thailand, Vietnam, Guatemala, or Bulgaria.

On the other hand, destinations like Western Europe or Australia might require a bit more planning to stay within $50. Here, focusing on deals, hostels, and walking tours is where the magic occurs.

Utilizing tools like Numbeo or Budget Your Trip can help compare destination costs and find your best fit for your style of travel.

Take advantage of off-season opportunities

Off-season travel can greatly reduce costs associated with flights, lodging, and even entrance fees for top destination attractions. Forging through the summer high season in Europe or skipping winter holiday seasons can get you massive savings!

Budget accommodation tips

Sleep in hostels, homestays, or couchsurf

Hostels are every budget traveler’s best friend. Not only is it affordable, but you also get networked with other travelers who are adventure-hungry. Sites like Hostelworld will be able to assist you in looking for accommodations globally.

If you want something more local, go for homestays or couchsurfing. Sites like Couchsurfing will allow you to stay with locals free of charge, and it’s an opportunity to get immersed in the culture.

Book smarter, not harder

Use websites like Google Flights and Skyscanner to find cheap flights. For booking rooms, use aggregators like Booking.com or Airbnb with low-budget filters. Also, compare prices on the official website of the hotel or airline to enjoy special offers.

Eating without leaving your budget behind

One of the pleasures of traveling is tasting local cuisine, and it doesn’t have to break the bank. Search out local markets and street food vendors where you can eat fresh and authentic meals for pennies compared to restaurant costs.

For instance, a hot pho in Vietnam or a taco in Mexico will cost a few dollars only. No idea where to begin? Just ask the locals as they tend to know the local secrets.

If you are staying in a hostel or Airbnb, use shared kitchens to cook your food. A quick run to the store, especially in countries with fresh produce markets, can save you hundreds and allow you to experiment with local ingredients.

Move around for less

Public transport over private options

Skip rental vehicles or pricey taxi rides and learn to love public trains, buses, and metro systems. Apps like Rome2Rio or Moovit simplify planning routes.

If you are in a walkable city, bonus—lace up those comfortable sneakers and stroll. Walking is cheap, good for you, and allows you to find hidden gems.

Travel overnight

Save accommodation and transport expenses by booking overnight trains or buses to your destination. Sleeper accommodations are surprisingly effective and convenient for tourists with limited budgets.

Free or low-cost activities

Most sites have low- or no-cost attractions that give priceless experiences. Connect with nature by hiking national parks, strolling through noted neighborhoods, or attending free cultural festivals. Most landmarks and museums also offer free admission days—time your visit around these dates.

Travel websites like Lonely Planet or lists of travel blogs tend to have lists of free things to do in any city—look for them!

If you’re keen to explore major attractions, consider city passes, which bundle access to multiple sites at reduced prices. Similarly, join free walking tours to learn about your destination’s history and culture. Don’t forget to tip your guide!

Bonus tips for stretching your budget

  • Pack Light: Avoid extra baggage fees and travel with just the essentials. Your back (and wallet) will thank you.
  • Apps Save Money: Download budget-friendly apps like Trail Wallet to track spending and stay on target.
  • Avoid Tourist Traps: Skip overpriced souvenirs and restaurants located near major attractions. Walk a few blocks further, and you’ll find better deals.

Squeeze more out of every day

Traveling on $50 a day doesn’t mean compromising on the quality of your adventures. With the right strategies and a willingness to adapt, you’ll uncover experiences more enriching than those that come with hefty price tags. From savoring authentic meals at street markets to immersing yourself in free cultural events, it’s all about working smarter, not harder.

Ready to plot your next budget travel adventure? Enjoy stretching those dollars—you’re saving money, and you’re making memories!