How I Find the Money to Travel the World (And You Can Too)! (2024)

How I Find the Money to Travel the World (And You Can Too)! (1)
Updated: 02/20/2019 | February 20th, 2019

I’ve been traveling the world for over a decade now, spending more time on the road than in any single place. While I’ve spent a lot of time in New York and Austin, and while I’m about to spend an extended period of time living in Paris, I’m still a nomad at heart.

I’m a regular at airports. I familiar with getting lost in foreign lands where the language is a mystery to me. I’m constantly searching for cheap flights and collecting as many air miles as I can.

After visiting some 100 countries, there’s a familiar line of questioning I get that usually leads to this: How do you afford to travel so often?

Am I rich? Do I travel for work? Am I a male gigolo? Sell drugs or run guns?

Sadly, it is none of those. (Ok, I’m glad I don’t have to sell drugs or run guns!

As I said in a previous post about how I find money to travel, desire is what motivates and keeps me going.

I want to travel — so I do.

And while privilege plays its part, it doesn’t completely solve the practical issue: money.

No matter how cheap you can travel, you do need some money.

So how do I afford to travel so much?

I work a lot.

I save my money.

I’m frugal. (I still stay in hostels when I travel!)

A lot of people have this misconception that travel is expensive, that whenever and wherever you go, you are going to spending a lot of money. In some places like Europe, that may be true. In some people’s cases, that is always true. But for most of us that isn’t true. Travel can be cheap and cheap doesn’t mean bad.

I tell my former co-workers all the time that I just travel cheap and images of awful service and rundown hotels pop into their mind. Backpacking isn’t for them and they want their comfort. I want my comfort too. I eat out and do nice things while I’m away. It’s not all 12-person dorms and instant noodle meals. So maybe frugal is a better word to use. I don’t travel cheap. I travel frugally.

When I am home, I work and I save. I don’t go out every night and am careful about how I spend my money. I make travel my monetary priority. That’s the most important part of the puzzle. Don’t waste your money. If you are always spending on something else, travel will always seem out of your reach.

You need to make travel a priority too.

Once it becomes important, you begin to find ways to save. Cut out the Starbucks and the fancy lunches. Every dollar count.

Before I went away in 2006, I saved for over a year. I acted like a pauper so I could make sure I had enough money to travel. When I was on the road and ran out of money, I taught English in Bangkok.

There are tons of other ways to make money while traveling, too. Working at a hostel, seasonal farm or restaurant work, remote freelancing, travel writing — the list goes on!

Once you get creative, travel becomes an endless possibility. It won’t be easy or glamorous, but it is 100% possible if you’re willing to make some changes to how you view travel.

People, especially Americans, have this image of travel and hotels, of fancy things and shopping, and luxury. All they see is dollar signs but you can have a comfortable vacation without comfortably spending your life savings.

The sharing economy has changed the game, with platforms like Airbnb and Couchsurfing make travel more affordable while also making it more cultural immersive.

Flying might be more expensive than it was in the past but there are certainly good deals out there and those flight tickets don’t have to cost a fortune. I always seem to manage to find prices that don’t kill my wallet and that’s because I look hard and just don’t jump on the first flight I find on Expedia! Find an alternative to flying if you can. Trains and buses may take longer but are a lot cheaper. Most people don’t take a trip because flight costs scare them but, if you do your homework, you’ll find a cheap deal.

Step out of your guidebook and find those little tiny local restaurants with great food and little tiny price tags. Eat where the locals eat, not where Frommer’s or Lonely Planet tells you. The locals aren’t spending a fortune living in their neighborhood and you shouldn’t either. You travel to see new places not new hotels. Living locally and traveling differently will save you money and give you a richer travel experience.

This site is dedicated to keeping you motivated, telling tales, and showing you how to travel frugally. You don’t need a lot of money to travel — you just need to think differently. Forget packaged tours and expensive hotels and overpriced restaurants and souvenirs. You can still have a luxury vacation without a luxury price.

If you want to travel more, it all starts with a change in mindset. After that, it’s just a matter of knowing where to find the deals and putting in the work to track them down. Just booking that package deal on Orbitz isn’t going to save you money. You need to be smart if you want to become a savvy traveler.

So that’s how I find the money to travel. And that’s how you can too!

Book Your Trip: Logistical Tips and Tricks

Book Your Flight
Find a cheap flight by using Skyscanner. It’s my favorite search engine because it searches websites and airlines around the globe so you always know no stone is being left unturned.

Book Your Accommodation
You can book your hostel with Hostelworld. If you want to stay somewhere other than a hostel, use Booking.com as it consistently returns the cheapest rates for guesthouses and hotels.

Don’t Forget Travel Insurance
Travel insurance will protect you against illness, injury, theft, and cancellations. It’s comprehensive protection in case anything goes wrong. I never go on a trip without it as I’ve had to use it many times in the past. My favorite companies that offer the best service and value are:

Want to Travel for Free?
Travel credit cards allow you to earn points that can be redeemed for free flights and accommodation — all without any extra spending. Check out my guide to picking the right card and my current favorites to get started and see the latest best deals.

Need Help Finding Activities for Your Trip?
Get Your Guide is a huge online marketplace where you can find cool walking tours, fun excursions, skip-the-line tickets, private guides, and more.

Ready to Book Your Trip?
Check out my resource page for the best companies to use when you travel. I list all the ones I use when I travel. They are the best in class and you can’t go wrong using them on your trip.

How I Find the Money to Travel the World (And You Can Too)! (2024)

FAQs

How do I get money to travel the world? ›

How to get paid to travel
  1. Telecommute to your current job. ...
  2. Explore your company's other locations. ...
  3. Teach English or another language. ...
  4. Become a tour guide. ...
  5. Write a research guide. ...
  6. Become a flight attendant. ...
  7. Start a side gig. ...
  8. Find a new remote opportunity.
Mar 10, 2023

How much money do you realistically need to travel the world? ›

So, How Much Does it Cost? In general, you should expect it to cost between $25,000 to $35,000 per person to travel around the world for a year. This rough estimate comes from reading travel budgets of other bloggers, various travel planning resources, and our own experience. This is just the midrange.

Can you travel the world without being rich? ›

Let's repeat that: You do not need to be rich to travel. There are plenty of ways to travel on a budget (and for free) — you just need to be willing to get creative. Traveling the world with no little or no money sounds like an impossible dream. But it is possible.

Is there a job that pays you to travel? ›

While the destinations might not always be your first choice, jobs that pay you to travel will keep you on the move, gaining diverse experiences. Think flight attendant, cruise ship team member, or national account representative. You'll go where the business needs you to go.

Is there a company that pays you to travel? ›

Adventure work is a company that offers paid travel opportunities with various job positions that include outdoor activity leader, Windsurfing instructor, Cycling Manager, etc. All these are considered to be among the most fun jobs for travel lovers.

Can I travel with $100,000 dollars? ›

Likewise, the TSA has no rules that limit how much money you can bring through security. In other words, the TSA has no cash limit per person. So you can bring any amount of money to the airport. Flying with a large amount of cash on a flight is not illegal.

Why can you only travel with $10,000 dollars? ›

The reason why is the controversial subject of civil forfeiture. Civil forfeiture allows law enforcement to seize and keep any money or property they suspect is involved in illegal activity. The owner doesn't need to be convicted of a crime or even arrested for law enforcement to do this.

How do people travel the world with no job? ›

An incomplete list of options to get your ass abroad and exploring the world:
  • Join a volunteer organization. ...
  • Teach English. ...
  • Find a source of mobile income. ...
  • Start an online business. ...
  • Convince your company to let you work remotely. ...
  • Get transferred overseas. ...
  • Find odd jobs as you travel. ...
  • Work on a cruise or for an airline.

Can I travel for free? ›

Travel For Free By Volunteering

If you're travelling on a budget, accommodation can be the biggest expense. That's where we come in. Thankfully, instead of charging expensive agency fees, it's possible to volunteer for free.

What is the easiest country to be rich? ›

4 Countries Where It's Easiest To Get Rich
  • Switzerland. Switzerland takes the top spot for expats looking to grow their wealth, according to HSBC. ...
  • Saudi Arabia. As HSBC explained, the standard of living is high in the country and the cost of living low. ...
  • Singapore. ...
  • United Arab Emirates (UAE)
Feb 24, 2024

How to be a traveler for a living? ›

If you want travel to be part of your primary employment, here are some careers to consider:
  1. Travel blogger. ...
  2. Flight attendant. ...
  3. English teacher. ...
  4. Travel photographer. ...
  5. Travel nurse. ...
  6. Tour coordinator. ...
  7. Destination marketer. ...
  8. Translator.
Apr 18, 2024

Where to start traveling the world? ›

I want to travel the world. Where do I start?
  • Set a goal. Before you start planning your trip, figure out what you want to accomplish. ...
  • Plan your itinerary. After you have chosen your destination, it's time to plan your itinerary. ...
  • Book your flights and accommodations. ...
  • Get organised. ...
  • Visa requirements.
Dec 15, 2022

Is $20,000 enough to travel the world? ›

Generally, $20,000 is the baseline cost for a trip around the world for one person for one year. This estimation falls in line with popular recommendations that budget travelers can spend an average of $50 a day on the road, and allows additional budget for flights and vaccines.

How much money do I need to travel the world for 6 months? ›

Just take that $20,000 and divide it by 12 months to set your monthly savings goal. You'll need to save a bit more than $1,600 each month to make that happen. Or, if you're looking to travel for 6 months, you'll need about $10,000, which means you'll need to save just over $800 a month for a year to achieve your goal.

How much money do you really need to travel? ›

Several popular travel blogs, such as A Little Adrift, Never Ending Footsteps, and Earth Trekkers, all agree that a baseline of $20,000 per person for one year is doable. This averages out to just over $50 per day. Here's how you can figure out your magic number.

How much money on average do you need to travel? ›

The average vacation cost for one person in the United States is about $1,986 per week. Individual costs will vary based on the traveler's mode of transportation and lodging.

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