Latin America on a budget
Latin America is the most accessible budget travel region from the United States, with 2 to 8 hour flights from most US cities. The cheapest five countries are Mexico, Guatemala, Nicaragua, Colombia, and Bolivia.
Mexico
Mexico is the most popular budget travel destination in the Western Hemisphere, with daily costs of 40 to 70 dollars. The highlights are Mexico City, Oaxaca, the Yucatan Peninsula, Puerto Vallarta, and the Copper Canyon. The flight from most US cities is 200 to 600 dollars round trip. The right time to visit is November through April.
Guatemala
Guatemala is the cheapest country in Central America, with daily costs of 30 to 50 dollars. The highlights are Antigua, Lake Atitlan, Tikal, and the Mayan ruins. The right time to visit is November through April.
Nicaragua
Nicaragua is the cheapest country in Central America for a beach vacation, with daily costs of 30 to 50 dollars. The highlights are Granada, Leon, San Juan del Sur, and the Corn Islands. The right time to visit is November through April.
Colombia
Colombia is the cheapest country in South America for a cultural trip, with daily costs of 35 to 60 dollars. The highlights are Bogota, Medellin, Cartagena, the Coffee Region, and Tayrona National Park. The right time to visit is December through March and July through August.
Bolivia
Bolivia is the cheapest country in South America, with daily costs of 25 to 45 dollars. The highlights are the Uyuni Salt Flats, La Paz, Lake Titicaca, and the Amazon basin. The right time to visit is May through October.
Europe on a budget
Europe is more expensive than Southeast Asia and Latin America, but the cheapest countries are still a good value. The cheapest five countries are Portugal, Poland, Hungary, the Czech Republic, and the Baltic states (Estonia, Latvia, Lithuania).
Portugal
Portugal is the cheapest country in Western Europe, with daily costs of 60 to 100 dollars. The highlights are Lisbon, Porto, the Algarve, Sintra, and the Douro Valley. The right time to visit is March through May and September through October.
Poland
Poland is the cheapest country in Central Europe, with daily costs of 40 to 70 dollars. The highlights are Krakow, Warsaw, Gdansk, Wroclaw, and the Tatra Mountains. The right time to visit is May through September.
Hungary
Hungary is the cheapest country in Central Europe for a city break, with daily costs of 40 to 70 dollars. The highlights are Budapest, Eger, Pecs, and Lake Balaton. The right time to visit is May through September.
Czech Republic
The Czech Republic is the cheapest country in Central Europe for a beer and culture trip, with daily costs of 40 to 70 dollars. The highlights are Prague, Cesky Krumlov, Kutna Hora, and Brno. The right time to visit is May through September.
Baltic states
The Baltic states (Estonia, Latvia, Lithuania) are the cheapest countries in Northern Europe, with daily costs of 40 to 70 dollars. The highlights are Tallinn, Riga, Vilnius, and the Curonian Spit. The right time to visit is May through September.
Africa and the Middle East on a budget
Africa and the Middle East are the most under-visited budget travel regions, with daily costs of 30 to 70 dollars in the cheapest countries.
Morocco
Morocco is the cheapest country in North Africa, with daily costs of 35 to 60 dollars. The highlights are Marrakech, Fez, Chefchaouen, the Sahara Desert, and the Atlas Mountains. The right time to visit is March through May and September through November.
Egypt
Egypt is the cheapest country in the Middle East for a culture trip, with daily costs of 30 to 50 dollars. The highlights are Cairo, Luxor, Aswan, the Pyramids of Giza, and the Red Sea coast. The right time to visit is October through April.
Turkey
Turkey is the cheapest country in the Middle East for a mixed trip, with daily costs of 40 to 70 dollars. The highlights are Istanbul, Cappadocia, Ephesus, Pamukkale, and the Mediterranean coast. The right time to visit is April through May and September through November.
How to save money on the road
Stay in hostels or budget hotels, which cost 10 to 30 dollars per night in cheap countries. Hostelworld and Booking.com are the best apps for finding budget accommodation. Eat at local restaurants and street food stalls, which cost 2 to 10 dollars per meal. Avoid the tourist restaurants near the main attractions, since the food is often overpriced and the quality is lower. Use public transportation, which is much cheaper than taxis and rental cars. Use apps such as Rome2Rio, Moovit, and Google Maps to plan the route. Travel in the shoulder season, which is mid September through early November and late April through early June, since airfare and accommodation are 30 to 50 percent cheaper.
How to use travel rewards to save
Use a travel rewards credit card to earn points and miles for every dollar spent. The best cards for travel are the Chase Sapphire Preferred, the Chase Sapphire Reserve, the Capital One Venture X, the Amex Platinum, and the Amex Gold. Earn the sign up bonus, which is worth 500 to 1,500 dollars in travel, by meeting the minimum spend requirement in the first 3 months. Use the card for all travel and dining purchases to earn 2 to 10 points per dollar. Transfer the points to airline and hotel partners to get 2 to 5 cents per point in value, which is much higher than the 1 cent per point cash redemption. Travel rewards can save 1,000 to 5,000 dollars per year for the average traveler.
When to travel cheaply
The cheapest time to travel is the shoulder season, which is the period between the high season and the low season. In Europe, the shoulder season is mid September through early November and late April through early June. In the Caribbean, the shoulder season is mid April through mid December. In Southeast Asia, the shoulder season is mid March through early June and mid September through early November. The cheapest days to fly are Tuesday, Wednesday, and Saturday. The cheapest months to fly are January, February, and September. The most expensive times to travel are the week between Christmas and New Year, Thanksgiving week, and Spring Break weeks.
Photo: SophiaMartin, Pixabay Content License, via Pixabay (https://pixabay.com/photos/horse-carriage-buggy-wagon-field-7637951/)